Hello Guys,
I'm new here and thought this would be the right place to ask this question instead of asking friends and family. Pretty much my company is filing chapter 11. They will be closing a few locations and I was told that if it came down to it we are definitely the first location to close. We get No severance, only vacation pay and unemployment. My thing is I was hoping this would be my last J.O.B. (Just Over Broke) that I will ever have to have before starting my business. I'm not really looking forward to starting with a new company because it's not what I want to do.
I'm stuck because on one hand I should definitely get a new job so I can have steady income coming in. On the other hand this can be a blessing in disguise because I automatically get unemployment and this frees me up to have 100% focus on creating my business. I'm working in real estate and already found good coaching for a small ( to me) fee. And the sector of real estate in doing really doesn't have a large overhead so I can start on a shoe string budget. It does require money but it won't bakrupt me. If I can give this 100% of my focus without having to worry about a job I feel I will be on my way and it will be worth the risk.
So in you guys honest opinion what would you do in this situation. Would you immediately look for a new job or would you take this as an opportunity to focus on your business venture while on unemployment. (I'm not a mooch of any kind and don't believe in welfare or getting money for nothing) BUT I just want to turn this bad situation for me into a good thing and being unemployed "not by my own fault" may get me to my dream. The unemployment can help me with the transition. Thanks in advance.
P.S. As soon as I get 2 deals under my belt I would plan to discontinue the unemployment benefits.
I'm new here and thought this would be the right place to ask this question instead of asking friends and family. Pretty much my company is filing chapter 11. They will be closing a few locations and I was told that if it came down to it we are definitely the first location to close. We get No severance, only vacation pay and unemployment. My thing is I was hoping this would be my last J.O.B. (Just Over Broke) that I will ever have to have before starting my business. I'm not really looking forward to starting with a new company because it's not what I want to do.
I'm stuck because on one hand I should definitely get a new job so I can have steady income coming in. On the other hand this can be a blessing in disguise because I automatically get unemployment and this frees me up to have 100% focus on creating my business. I'm working in real estate and already found good coaching for a small ( to me) fee. And the sector of real estate in doing really doesn't have a large overhead so I can start on a shoe string budget. It does require money but it won't bakrupt me. If I can give this 100% of my focus without having to worry about a job I feel I will be on my way and it will be worth the risk.
So in you guys honest opinion what would you do in this situation. Would you immediately look for a new job or would you take this as an opportunity to focus on your business venture while on unemployment. (I'm not a mooch of any kind and don't believe in welfare or getting money for nothing) BUT I just want to turn this bad situation for me into a good thing and being unemployed "not by my own fault" may get me to my dream. The unemployment can help me with the transition. Thanks in advance.
P.S. As soon as I get 2 deals under my belt I would plan to discontinue the unemployment benefits.
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