Looks like I'm accepting a new position

[ThePresence]

I was doing freelance graphic design and Flash work for the last few years, built up a client base and was making a decent living. I got an job offer last week. My uncle is a very successful businessman who had an idea for a new company. He offered me a 20% partnership to run the web dept. of this company, plus he offered to double what I made this past year as a salary for the first year. After the first year there will be no salary, just the partnership. He figured that we will give the company a year to see if it will work. There is tremendous upside in this company, it's a great business model. I'm not going to be specific about the company or actual numbers, but I think I'm taking it.

 

[MagnusTheBrewer]

Way to go! Any room for a Chef with delusions of being a brewmaster?

 

[Ryan]

Congrats

 

[amdskip]

:beer:

 

[Canai]

Cool. That should be fun and educational.

 

[ForumMaster]

:beer: congrats man!

 

[RKS]

You seem to go through a mid-career crisis every year or two.

 

[xSauronx]

Originally posted by: MagnusTheBrewer
Way to go! Any room for a Chef with delusions of being a brewmaster?

a web department *needs* a good kitchen and brewery. keep the coders at the office.....right? isnt that it?

 

[Q]

 

[ThePresence]

Originally posted by: RKS
You seem to go through a mid-career crisis every year or two.

Well, it HAS been interesting.

 

[thepd7]

Originally posted by: ThePresence
I was doing freelance graphic design and Flash work for the last few years, built up a client base and was making a decent living. I got an job offer last week. My uncle is a very successful businessman who had an idea for a new company. He offered me a 20% partnership to run the web dept. of this company, plus he offered to double what I made this past year as a salary for the first year. After the first year there will be no salary, just the partnership. He figured that we will give the company a year to see if it will work. There is tremendous upside in this company, it's a great business model. I'm not going to be specific about the company or actual numbers, but I think I'm taking it.

Does he have the cash to pony up the salary the first year? If not be wary. If so have a blast.

 

[MagnusTheBrewer]

Originally posted by: xSauronx

Originally posted by: MagnusTheBrewer
Way to go! Any room for a Chef with delusions of being a brewmaster?

a web department *needs* a good kitchen and brewery. keep the coders at the office.....right? isnt that it?

Everyone *needs* a good kitchen and brewery! Alas, we don't fit the cubicle life style.

 

[ThePresence]

Originally posted by: thepd7

Originally posted by: ThePresence
I was doing freelance graphic design and Flash work for the last few years, built up a client base and was making a decent living. I got an job offer last week. My uncle is a very successful businessman who had an idea for a new company. He offered me a 20% partnership to run the web dept. of this company, plus he offered to double what I made this past year as a salary for the first year. After the first year there will be no salary, just the partnership. He figured that we will give the company a year to see if it will work. There is tremendous upside in this company, it's a great business model. I'm not going to be specific about the company or actual numbers, but I think I'm taking it.

Does he have the cash to pony up the salary the first year? If not be wary. If so have a blast.

Yes, he does.

 

[Aharami]

kudos. sounds like a no brainer.

 

[Ika]

Congrats and good luck! Hope it works out well for you.

 

[Dirigible]

Originally posted by: MagnusTheBrewer

Originally posted by: xSauronx

Originally posted by: MagnusTheBrewer
Way to go! Any room for a Chef with delusions of being a brewmaster?

a web department *needs* a good kitchen and brewery. keep the coders at the office.....right? isnt that it?

Everyone *needs* a good kitchen and brewery! Alas, we don't fit the cubicle life style.

I need a good chef and brewmaster. Want to move to Oakland? Are your guns in clean and loaded? Ok sleeping in a tent in my back yard? Good. PM me for details of this fabulous opportunity.

Edit: Oh, and congrats to OP! Sounds like a fun opportunity.

 

[mpitts]

So what is your plan for your client base?

 

[ThePresence]

Originally posted by: mpitts
So what is your plan for your client base?

That is a good question. I told a few of them of my plans and recommended other people I know in the business. Two of them asked me if I could do work for them in the evenings. I don't know yet what my schedule will be like.

 

[duragezic]

So what you are saying is that they accepted you for a job offer?



Sounds like a great opportunity!

 

[Zenmervolt]

As Patton was fond of quoting, so to am I, "l'audace l'audace. toujours l'audace". I wish you the best with your endeavor.

ZV

 

[KB]

Thats the exact type of thing I have been waiting for. Unfortunately I don't know any successful businessmen. Prepare to swim in money!

 

[Atomic Playboy]

Originally posted by: ThePresence
I was doing freelance graphic design and Flash work for the last few years, built up a client base and was making a decent living. I got an job offer last week. My uncle is a very successful businessman who had an idea for a new company. He offered me a 20% partnership to run the web dept. of this company, plus he offered to double what I made this past year as a salary for the first year. After the first year there will be no salary, just the partnership. He figured that we will give the company a year to see if it will work. There is tremendous upside in this company, it's a great business model. I'm not going to be specific about the company or actual numbers, but I think I'm taking it.

Why wouldn't you be specific about the company? Doesn't increased web traffic lead to a greater interest in the product/service said company provides? That's simple marketing right there...

Good luck in the new job, hope it works out for you. Save your money; it can take a while for a new business to turn a profit. It would suck to blow all your money in the first year and have nothing when the salary disappears.

 

[jjones]

Congrats. Good Luck!

 

[Mr Pickles]

Congrats, do you have a website? Personal Portfolio somehwere?

 

[Baked]

Must be a subprime lender.