What would you do?

[ponyo]

.

 

[nageov3t]

A

 

[theflyingpig]

Once the decision has been made, there's no going back.

lol. You make this sound so dramatic, when it's not. You're forgetting where you are, my friend. This is ATOT. Here 99% of the posters make up the top 1% of humanity in terms of intelligence, wealth, looks, and penis size. To us anything less than eight figures is mere pocket change. Take your poor mans problem to the slums.

 

[BeauJangles]

Depends on how old you are when this opportunity comes around.

 

[vi edit]

If you have a sure deal in this economy I'd be hard up to venture off on something brand new with little guarantee it will take off.

If I was the primary bread winner I couldn't risk it.

If you guys run into capital problems, how easily do you think you can find other investors/lendors?

 

[KeithTalent]

Originally posted by: BeauJangles
Depends on how old you are when this opportunity comes around.

This, plus what other family obligations you have and how much you have in your savings, plus how much you can rely on your "close relative". So many variables.

KT

 

[GodlessAstronomer]

I think you're badly underestimating the amount of time you'll spend not drawing a liveable age in a startup company. But the answer is, it depends on the type of person you are and the type of business, and the job you're in. Way too many unknown variables, your post is too vague.

Possible scenarios:
Leave crappy but high-paying job for boring startup with big potential
Leave awesome high-paying job for boring startup with big potential
Leave crappy but high-paying job for exciting startup with big potential
Leave awesome high-paying job for exciting startup with big potential
Leave crappy but high-paying job for boring startup with reasonably good potential
.
.
.
.
etc.

Other unknown variables: your age, physical condition, threshold for hard work and long days, current satisfaction, potential satisfaction, family situation, financial obligations.... the list goes on. This is the type of decision that can't be made without weighing ALL of the facts.

Also, don't count on having more spare time in a startup company.

 

[Chronoshock]

First, let me say going into business with a relative tends to only work well with laundromats and restaurants (and even that can turn nasty, my grandfather had a lot of money stolen from him by relatives on more than one occasion).
Secondly, have you done your due diligence? Market research, project scoping, initial costs, hiring needs, competitor analysis, etc.? If you haven't, make absolutely sure you have a strong business case before you dump all of your money into this. Have you obtained (or do you need to obtain) outside capital? If you're confident enough about your business case to pitch a VC your idea and they're confident enough in it to lend you the money, then that would be another step towards securing option B
Also, how old are you? Let's say the business doesn't take off and you need to trudge along for 10 years before things take off, can you wait that long?

 

[TallBill]

Option C

 

[masterxfob]

it depends on where you are in life. if you've got a wife and kids and a mortgage payment, that's really a huge risk. you've also got to figure that you will have NO social life whatsoever the first year or two, every spare moment will be spent on your business.

 

[tyler811]

non

 

[ponyo]

.

 

[Whitecloak]

Originally posted by: theflyingpig

Once the decision has been made, there's no going back.

lol. You make this sound so dramatic, when it's not. You're forgetting where you are, my friend. This is ATOT. Here 99% of the posters make up the top 1% of humanity in terms of intelligence, wealth, looks, and penis size. To us anything less than eight figures is mere pocket change. Take your poor mans problem to the slums.

everyone know this.