Franklz
New Contributor
Hi guys,
My name is frank, and im now 31 years old. I started as a corporate employee in the norwegian oil sector (Maintenance Engineer/sales, offshore cranes), and got layed of there in the 2015 oil crash (of 500 people, only 128 remained, and i was not one of them). I found a new job as a production manager on a local plastic product factory. The job was horrible, but extremely educational.
I disagreed with the CEO about alot of things and ended up quitting the job, and being hired back for the double salary the train my replacement for a period.
I decided working under incompetent leadership was not enjoyable, and decided to start on my own as a consultant. Before i got the company of the ground properly, a former college from the plastic factory called me. He had retired, and one of the major clients called him and wanted help them to set up a factory. ( They did not like my old employer and wanted better service and products made)
We went to the client corporation headquarters for a meeting, and agreed to help them out. we got 15 % each of equity in the company, and they bankrolled it.
We have since had a nice development, and our corporate overlords buy 90% of our available time. we have scaled from 300 000k dollars to years budget of almost 2 million USD revenue, with decent profits.
I now work at the company as we started as a project engineer, and are involved in all aspects of the daily operation.
Its a nice gig, but i do not have complete control of my destiny, since i have corporate overlords. I have gotten som signals that they might want to buy our stocks (all other daugher companys have had this happen to them, i think we are the last ones with equity left).
I recently discovered the fast land/unscripted so all this is quite new to me. My goal has been to pay off my house, and have no debt. (i do not know how much i will be payed for my stocks in the company but i think it will be quite decent, since we have a 2mill USD revenue and 200 000k profit this year)
Is this the best way to freedom, or should my eventual stock proceeds go to setting up a money system or starting a new company?
I think i can make a consultant company again in the future since my skills are in high demand here (engineer plastic pipe systems and products for land based fish farms). but the problem with this is that it requires me to sell my time, and that is not something i want to do anyore.
If you guys have any suggestions, i would like to hear them. Feel free to ask if you have any questions.
Regards, Frank
@MJ DeMarco
My name is frank, and im now 31 years old. I started as a corporate employee in the norwegian oil sector (Maintenance Engineer/sales, offshore cranes), and got layed of there in the 2015 oil crash (of 500 people, only 128 remained, and i was not one of them). I found a new job as a production manager on a local plastic product factory. The job was horrible, but extremely educational.
I disagreed with the CEO about alot of things and ended up quitting the job, and being hired back for the double salary the train my replacement for a period.
I decided working under incompetent leadership was not enjoyable, and decided to start on my own as a consultant. Before i got the company of the ground properly, a former college from the plastic factory called me. He had retired, and one of the major clients called him and wanted help them to set up a factory. ( They did not like my old employer and wanted better service and products made)
We went to the client corporation headquarters for a meeting, and agreed to help them out. we got 15 % each of equity in the company, and they bankrolled it.
We have since had a nice development, and our corporate overlords buy 90% of our available time. we have scaled from 300 000k dollars to years budget of almost 2 million USD revenue, with decent profits.
I now work at the company as we started as a project engineer, and are involved in all aspects of the daily operation.
Its a nice gig, but i do not have complete control of my destiny, since i have corporate overlords. I have gotten som signals that they might want to buy our stocks (all other daugher companys have had this happen to them, i think we are the last ones with equity left).
I recently discovered the fast land/unscripted so all this is quite new to me. My goal has been to pay off my house, and have no debt. (i do not know how much i will be payed for my stocks in the company but i think it will be quite decent, since we have a 2mill USD revenue and 200 000k profit this year)
Is this the best way to freedom, or should my eventual stock proceeds go to setting up a money system or starting a new company?
I think i can make a consultant company again in the future since my skills are in high demand here (engineer plastic pipe systems and products for land based fish farms). but the problem with this is that it requires me to sell my time, and that is not something i want to do anyore.
If you guys have any suggestions, i would like to hear them. Feel free to ask if you have any questions.
Regards, Frank
@MJ DeMarco
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