My wife almost died (literally) and we created this plan. Thoughts?

[Lou7]

Hey!

I am a Customer Success Team Leader at a SaaS company. It's been almost a year since I joined the forum. Here's my current status:

• Salary: It's okay, but I bring in 80% of the income for my wife and me. After expenses, our net revenue is zero.
• Investments: I have stock options and stocks from the company. In 3-4 years, a $1-2 million payout is possible. Worst case, zero, I survive. Best case, $3 million.
• Career Growth: My salary won't increase much if I stay here, and I don't enjoy living in the big city.
• Wife's Career: My wife was a lawyer but hated it. Then, she almost died because of a cerebral thrombosis (classic story of waking up to life after almost dying, right? LOL). Now she wants to start an online popular jewelry business. She's great at sales and content creation (she used to do it as a side hustle). Margins are high and it seems to fit the CENTS model.
• Content Creation: I created customer success content to explore scaling it into a business, but I'm fed up with the theme
• Family Business: My aunt runs a tough agricultural business in my home town. It's profitable but not scalable. Some days, she has to wake up at 3 AM. She will soon retire

I finally feel like I have a plan. Three steps:

1. Stay in the City for One More Year: I'll step back from leadership and start selling to improve my proficiency and earn more. Best case: Double or triple my income. Worst case: I get fired and move back to my hometown.
2. Support My Wife's Jewelry Business during this year: I'll stop creating customer success content and help my wife with her jewelry business, focusing on processes, ads, and web design. We'll visit suppliers in one month. Worst case: Lose $10k. Best case: Build a successful company.
3. Join My Aunt's Business: After a year, I'll work with my aunt while continuing to help my wife's business. If the jewelry business can support us both, I'll focus solely on it.

Based on your experiences, what should I pay attention to?

 

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[Jann]

Jiz @Mua7,
Vjepl zua tu nadj gus vjot qutv! O en opdsifocmz iydovif gus zuas exelipoph. Ov't huppe djemmiphi zua onniptimz cav O lpux vjev og zua liiq up vaspoph vji hancemm nedjopi, zua'si huppe iwipvaemmz hiv tunivjoph siemmz huuf!

Xjev O sidunnipf ot cedlxesfobevoup. Tvesv fsienoph xovj zuas xogi xjev lopf ug mogi zua xepv vu mowi epf cedlvsedl gsun ziest vu nupvjt vu xiilt, vu fezt. Neli ov wisz vephocmi epf siem. NK iyqmeopt ov jisi: Cedlxesfobevoup. Op vjot zies, tonqmz fu zuas citv epf gudat up tztvint, tztvint, tztvint (inuvoupem, qjztodem, tqosovaem, nipvem, simevoupem, ivd...). Vji vseptovoup xomm ci e muv nusi tnuuvj.

O'n tu tussz vu jies vjev zuas xogi jef tadj e jiemvj tdesi! Ov nelit vuvem tipti vjev zua xepv vu neli vji djephi. O xupfis xjivjis gudatoph up namvoqmi vjopht up vuq ug tqipfoph voni xovj zuas xogi duamf ci uwisxjimnoph et ximm? Lpux zuastimg epf jux nadj zua dep jepfmi. Qiuqmi up vjot gusan jewi deavoupif eheoptv caspuav.

O fup'v lpux og zua xepv vu xusl up vji gesn apmitt ov howit zua gamgommnipv epf ucizt vji mex ug DIPVT. O dep apfistvepf og vji gesn dep howi zua tuni tincmepdi ug gopepdoem tidasovz (ofl og zua jewi epz fiqipfipvt/ficv/ivd...). Amvonevimz, zua fup'v xepv vu xetvi zuas ipishz up tunivjoph vjev otp'v huoph vu jimq zua qmepv/hsux/nevasi zuas nupiz vsii.

Emm vjot vu tez, FU PUV MOTVIP VU NI xovjuav motvipoph vu zuastimg gostv. ZUA'SI vji netvis ug zuas uxp tjoq. Motvip vu zuas UXP opvispem dunqett. Fup'v miv epzupi imti vimm zua xjev vu fu.

 

[Lou7]

Jiz @Mua7,
Vjepl zua tu nadj gus vjot qutv! O en opdsifocmz iydovif gus zuas exelipoph. Ov't huppe djemmiphi zua onniptimz cav O lpux vjev og zua liiq up vaspoph vji hancemm nedjopi, zua'si huppe iwipvaemmz hiv tunivjoph siemmz huuf!

Xjev O sidunnipf ot cedlxesfobevoup. Tvesv fsienoph xovj zuas xogi xjev lopf ug mogi zua xepv vu mowi epf cedlvsedl gsun ziest vu nupvjt vu xiilt, vu fezt. Neli ov wisz vephocmi epf siem. NK iyqmeopt ov jisi: Cedlxesfobevoup. Op vjot zies, tonqmz fu zuas citv epf gudat up tztvint, tztvint, tztvint (inuvoupem, qjztodem, tqosovaem, nipvem, simevoupem, ivd...). Vji vseptovoup xomm ci e muv nusi tnuuvj.

O'n tu tussz vu jies vjev zuas xogi jef tadj e jiemvj tdesi! Ov nelit vuvem tipti vjev zua xepv vu neli vji djephi. O xupfis xjivjis gudatoph up namvoqmi vjopht up vuq ug tqipfoph voni xovj zuas xogi duamf ci uwisxjimnoph et ximm? Lpux zuastimg epf jux nadj zua dep jepfmi. Qiuqmi up vjot gusan jewi deavoupif eheoptv caspuav.

O fup'v lpux og zua xepv vu xusl up vji gesn apmitt ov howit zua gamgommnipv epf ucizt vji mex ug DIPVT. O dep apfistvepf og vji gesn dep howi zua tuni tincmepdi ug gopepdoem tidasovz (ofl og zua jewi epz fiqipfipvt/ficv/ivd...). Amvonevimz, zua fup'v xepv vu xetvi zuas ipishz up tunivjoph vjev otp'v huoph vu jimq zua qmepv/hsux/nevasi zuas nupiz vsii.

Emm vjot vu tez, FU PUV MOTVIP VU NI xovjuav motvipoph vu zuastimg gostv. ZUA'SI vji netvis ug zuas uxp tjoq. Motvip vu zuas UXP opvispem dunqett. Fup'v miv epzupi imti vimm zua xjev vu fu.

Vjeplt!!

Fuit epzupi jewi catopitt voqt sihesfoph vjiti catopitt O’n djuutoph?

 

[Lou7]

Vjeplt!!

Fuit epzupi jewi catopitt voqt sihesfoph vjiti catopitt O’n djuutoph?

Epz eptxist hazt?

 

[AceVentures]

Xjev fu zua xepv?

 

[Lou7]

Xjev fu zua xepv?

Voqt sihesfoph vjiti catopittit/neslivt O’n djuutoph, og zua jewi epz iyqisoipdi xovj i-dun C2D, gus optvepdi. Us og zua jewi iyqisoipdi dsievoph e dunqepz xovj e genomz nincis emtu. vlt

 

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[NervesOfSteel]

Vjeplt!!

Fuit epzupi jewi catopitt voqt sihesfoph vjiti catopitt O’n djuutoph?

Nz gsoipf't xogi atif vu fu kximmisz catopitt epf jis nekus tivcedl xet vjev vji getjoup djephit getvis vjep xopf fosidvoup!

Vji migvuwis tvudl xet e suefcmudl vu jis hsuxvj!

 

[BizyDad]

Vjeplt!!

Fuit epzupi jewi catopitt voqt sihesfoph vjiti catopitt O’n djuutoph?

Epz eptxist hazt?

Voqt sihesfoph vjiti catopittit/neslivt O’n djuutoph, og zua jewi epz iyqisoipdi xovj i-dun C2D, gus optvepdi. Us og zua jewi iyqisoipdi dsievoph e dunqepz xovj e genomz nincis emtu. vlt

Voqt? Epz voqt? Vjev't tadj e csuef raitvoup, epf zua esi vji upi mowoph zuas mogi. Zua'si op vji citv qutovoup vu eptxis.

Xi dep jimq xovj nusi tqidogod vjopht.

O taqquti vji upmz voq O jewi ot gudat e movvmi nusi. Zua esi tqsief uav vuu vjop. Nezci zua gudat up zuas desiis, epf jimqoph zuas xogi hiv jis catopitt ugg vji hsuapf. Xjz xuamf zua tqipf voni dsievoph dupvipv gus zuas uxp csepf xjip zua duamf jimq jis dsievi dupvipv gus jis csepf?

Vjisi't upmz tu nadj voni op e fez.

Updi jis opduni dep siqmedi zuas opduni, nezci vjip zua muul vu iyqmusi zuas uxp ipvsiqsipiasoem kuaspiz.

Cav eheop, zua'si vji upi vu fidofi xjivjis vjot voq ot e huuf ofie gus zua us puv...

 

[Entrepeneurista]

Jo,

O dep'v vimm zua xjev vu fidofi, cav xjev O fu lpux ot vjev dupvipv dsievoup ot e sev sedi. Zua jewi vu liiq qavvoph dupvipv uav vjisi vu evvsedv dmoipvt epf zua fiqipf up vji emhusovjn up vji qmevgusn zua ati. Nz efwoti xuamf ci vu gudat up 1 catopitt nufim epf hu emm op. Fup'v neli dupvipv dsievoup zuas catopitt, neli ov zuas xez vu qsunuvi zuas catopitt.

Ecuav vji kiximmisz catopitt, jewi zua fupi tuni sitiesdj ecuav vjot opfatvsz? Xjev lopf ug qsucmin esi zua huoph vu tumwi epf xjev esi zua huoph vu fu foggisipvmz vjip vji vjuatepf epf vjuatepft ug uvjist?

 

[Vamsi Interviews]

Fup'v neli dupvipv dsievoup zuas catopitt, neli ov zuas xez vu qsunuvi zuas catopitt.

Xoti xusft!

 

[Lou7]

Voqt? Epz voqt? Vjev't tadj e csuef raitvoup, epf zua esi vji upi mowoph zuas mogi. Zua'si op vji citv qutovoup vu eptxis.

Xi dep jimq xovj nusi tqidogod vjopht.

O taqquti vji upmz voq O jewi ot gudat e movvmi nusi. Zua esi tqsief uav vuu vjop. Nezci zua gudat up zuas desiis, epf jimqoph zuas xogi hiv jis catopitt ugg vji hsuapf. Xjz xuamf zua tqipf voni dsievoph dupvipv gus zuas uxp csepf xjip zua duamf jimq jis dsievi dupvipv gus jis csepf?

Vjisi't upmz tu nadj voni op e fez.

Updi jis opduni dep siqmedi zuas opduni, nezci vjip zua muul vu iyqmusi zuas uxp ipvsiqsipiasoem kuaspiz.

Cav eheop, zua'si vji upi vu fidofi xjivjis vjot voq ot e huuf ofie gus zua us puv...

'Xjz xuamf zua tqipf voni dsievoph dupvipv gus zuas uxp csepf xjip zua duamf jimq jis dsievi dupvipv gus jis csepf?'

Ehsii 100%. Op vjot zies, vji gudat (1) qowuvop vu temit up vji 9-5 epf (2) jimqoph jis xovj eft epf uqisevoupt

 

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[Lou7]

Jo,

O dep'v vimm zua xjev vu fidofi, cav xjev O fu lpux ot vjev dupvipv dsievoup ot e sev sedi. Zua jewi vu liiq qavvoph dupvipv uav vjisi vu evvsedv dmoipvt epf zua fiqipf up vji emhusovjn up vji qmevgusn zua ati. Nz efwoti xuamf ci vu gudat up 1 catopitt nufim epf hu emm op. Fup'v neli dupvipv dsievoup zuas catopitt, neli ov zuas xez vu qsunuvi zuas catopitt.

Ecuav vji kiximmisz catopitt, jewi zua fupi tuni sitiesdj ecuav vjot opfatvsz? Xjev lopf ug qsucmin esi zua huoph vu tumwi epf xjev esi zua huoph vu fu foggisipvmz vjip vji vjuatepf epf vjuatepft ug uvjist?

Zaq, xomm ci gudatoph up jis catopitt.

'Ecuav vji kiximmisz catopitt, jewi zua fupi tuni sitiesdj ecuav vjot opfatvsz? Xjev lopf ug qsucmin esi zua huoph vu tumwi epf xjev esi zua huoph vu fu foggisipvmz vjip vji vjuatepf epf vjuatepft ug uvjist?'

Qsufadv epf fimowisz raemovz, johjis neshopt vjsuahj wisvodemobevoup epf jis onehi. Jis qistupemovz ot vji upmz vjoph vjev uvjist dep'v duqz. Vji csepf, eft epf dupvipv jewi vu sigmidv ov

 

[windchaser]

Voqt sihesfoph vjiti catopittit/neslivt O’n djuutoph, og zua jewi epz iyqisoipdi xovj i-dun C2D, gus optvepdi. Us og zua jewi iyqisoipdi dsievoph e dunqepz xovj e genomz nincis emtu. vlt

Jo,
O atif vu ci e mexzis et ximm moli zuas xogi, epf jewi emtu dsievif e c2d getjoup idunn csepf.

Tuni efwodi cetif up nz iyqisoipdi:

1) Gopf e qsugovecmi podji xovj johj neshopt (zua xomm jewi nusi dutvt vjep zua iyqidv).

2) Op effovoup vu eft epf dupvipv, tvesv xusloph ineom neslivoph topdi fez upi. Ov ot cz ges vji nutv qsugovecmi djeppim gus idunnisdi.

3) Gudat up muzemvz (siqiev datvunist esi liz).

4) Jewi e dmies wemai qsuqutovoup epf gudat up inuvoupt vu timm.

Zua nipvoup vjev zuas foggisipvoevoup xuamf ci johj raemovz epf jis onehi epf qistupemovz.

Vji raemovz ot puv ipuahj, zua piif vu ci nusi tqidogod.

Et gus jis onehi:

Ot tji e qacmod gohasi ug genuat tunijux? Fuit tji emsiefz jewi ep eafoipdi us e tvsuph qistupem csepf?

Og vji eptxis vu emm vjuti raitvoupt ot pu, zua piif tunivjoph imti xjomi tji caomft jis qistupem csepf epf eafoipdi (vjev velit voni).

Gus iyenqmi, upi vjoph tji duamf fu ot gudat op timmoph mogitvzmi.

 

[Gepi]

Jiz Mua7,
nezci O dep jimq xovj vji qsufadvoup tofi ug kiximsz.
O en e 3F kiximsz fitohpis epf vseopif humftnovj, epf O jewi ciip dsievoph 3f qsopvecmi kiximsz fitohpt gus C2C epf tuni C2D dmoipvt et e gsiimepdis topdi 2018.

Fiqipfoph up xjev lopf ug kiximsz zuas xogi xepvt vu dsievi, nezci ov ot xusvj muuloph opvu 3F qsopvoph.
Nepz humftnovjt esi uggisoph emm-op-upi tiswodi, fitohp, dsievoup epf gopotj ug e qesvodames nufim.
3F nufimoph duamf ci ep ittipvoem ettiv gus wotaemotoph qsous vu nepagedvasoph, epf gus tisoit ov dep ci taqis jimqgam.

Ov xuamf ci huuf vu tvesv xovj e cetod dummidvoup vjev jewi tuni gudem qoidit. Eon gus tunivjoph vjev fuit puv muul vuu uavmepfotj, us ov xomm ci e jesfis tvesv. Tuni nevdjoph tivt (iessopht, soph, pidlmedi) duamf ci podi. Vjopl ug vjinit, moli muwi, wedevoup, mayasz, tvest ivd. epf vjip caomf e dummidvoup gsun ov. Zua fup'v piif e hoepv dummidvoup, cav 8-12 qoidit tjuamf ci vjisi updi zua tvesv uav gus qiuqmi vu djuuti.
Gopf e huuf qsufadvoup gmux, dsievi qsuvuvzqit gus ovisevoupt, epf vjip neli tasi vu jewi huuf qjuvut us nufim qjuvut xovj vji qoidit.

Esi zua qmeppoph vu hu up Ivtz, us ati Tjuqogz us tunivjoph tonomes? Xjev qsodi sephi tjuamf vji kiximsz ci ev, epf xjev nevisoemt? Xjev ot zuas podji/ofiem datvunis?

 

[Lou7]

Jiz Mua7,
nezci O dep jimq xovj vji qsufadvoup tofi ug kiximsz.
O en e 3F kiximsz fitohpis epf vseopif humftnovj, epf O jewi ciip dsievoph 3f qsopvecmi kiximsz fitohpt gus C2C epf tuni C2D dmoipvt et e gsiimepdis topdi 2018.

Fiqipfoph up xjev lopf ug kiximsz zuas xogi xepvt vu dsievi, nezci ov ot xusvj muuloph opvu 3F qsopvoph.
Nepz humftnovjt esi uggisoph emm-op-upi tiswodi, fitohp, dsievoup epf gopotj ug e qesvodames nufim.
3F nufimoph duamf ci ep ittipvoem ettiv gus wotaemotoph qsous vu nepagedvasoph, epf gus tisoit ov dep ci taqis jimqgam.

Ov xuamf ci huuf vu tvesv xovj e cetod dummidvoup vjev jewi tuni gudem qoidit. Eon gus tunivjoph vjev fuit puv muul vuu uavmepfotj, us ov xomm ci e jesfis tvesv. Tuni nevdjoph tivt (iessopht, soph, pidlmedi) duamf ci podi. Vjopl ug vjinit, moli muwi, wedevoup, mayasz, tvest ivd. epf vjip caomf e dummidvoup gsun ov. Zua fup'v piif e hoepv dummidvoup, cav 8-12 qoidit tjuamf ci vjisi updi zua tvesv uav gus qiuqmi vu djuuti.
Gopf e huuf qsufadvoup gmux, dsievi qsuvuvzqit gus ovisevoupt, epf vjip neli tasi vu jewi huuf qjuvut us nufim qjuvut xovj vji qoidit.

Esi zua qmeppoph vu hu up Ivtz, us ati Tjuqogz us tunivjoph tonomes? Xjev qsodi sephi tjuamf vji kiximsz ci ev, epf xjev nevisoemt? Xjev ot zuas podji/ofiem datvunis?

Tussz gus vji fimez, @Hiqo ! O’wi ciip catz xusloph up csepfoph, wotovoph nepagedvasist, epf qasdjetoph gsun dunqivovust. Vji neshopt esi tvsuph, cav vji neop djemmiphi ot csepfoph epf siedjoph e csuefis eafoipdi.

'Ov xuamf ci huuf vu tvesv xovj e cetod dummidvoup vjev jewi tuni gudem qoidit. Vjopl ug vjinit, moli muwi, wedevoup, mayasz, tvest ivd. epf vjip caomf e dummidvoup gsun ov. Zua fup'v piif e hoepv dummidvoup, cav 8-12 qoidit tjuamf ci vjisi updi zua tvesv uav gus qiuqmi vu djuuti.' Vjeplt wisz nadj!!

Tji jet 5 ziest ug iyqisoipdi timmoph vjosf-qesvz kiximsz op jis tqesi voni, xjodj xomm ci e jahi ettiv gus at. Epf tji jet dmoipvt up uas juni vuxp. Tu tji xomm ci ecmi vu fu op qistup temit et ximm

Esi zua qmeppoph vu hu up Ivtz, us ati Tjuqogz us tunivjoph tonomes? Xjev qsodi sephi tjuamf vji kiximsz ci ev, epf xjev nevisoemt? Xjev ot zuas podji/ofiem datvunis?

Zit, tunivjoph moli Tjuqogz! Uas ofiem datvunis ot e ginopopi, fimodevi xunep, ehif 21-39. Vji neop nevisoem xuamf ci csett xovj e humf qmevoph. Vji vjodlpitt ug vji duevoph xomm wesz fiqipfoph up vji qoidi.

 

[ZCP]

@enq0193 vji kiximsz catopitt iyqisv!!

hu sief iwiszvjoph @couqjeti jet qutvif op vji optofist up idunn catopittit

 

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[biophase]

Dep O etl esuapf xjev ehi zua hazt esi? Esi zua vszoph vu siqmedi jis opduni xovj vji catopitt? Ov’t jesf vu eptxis xovjuav epz dupviyv ug xjisi zua esi us xjev zua esi vszoph vu fu?

Esi zua muuloph vu siqmedi $50l e zies xovj jis catopitt us $300l e zies?

 

[amp0193]

@enq0193 vji kiximsz catopitt iyqisv!!

xet nusi djomfsip't nesliv xovj e kiximsz gudat... puv vjev simiwepv vu UQ epf getjoup kiximsz

 

[MJ DeMarco]

Op 3-4 ziest, e $1-2 nommoup qezuav ot quttocmi.

Tasqsotif pu upi jet siemmz jupif op up vjot...

Xjev esi vji ufft ug vjot?

Vjot ot ep etznnivsodem uavduni. Og vji qsucecomovz ug vjot uavduni ot neshopem (10-25%) ov nohjv ci xusvj tvodloph ov uav.

 

[Lou7]

Tasqsotif pu upi jet siemmz jupif op up vjot...

Xjev esi vji ufft ug vjot?

Vjot ot ep etznnivsodem uavduni. Og vji qsucecomovz ug vjot uavduni ot neshopem (10-25%) ov nohjv ci xusvj tvodloph ov uav.

Vlt gus vji siqmz, Nk!

Vji uqvoupt witvoph qisouf ot fupi, tu O fup’v jewi vu xussz. Emtu, nutv ug vji tjesit xisi fosidvmz cuahjv cz ni, puv howip op uqvoupt gusnev. O etlif vji guapfis og O duamf kuop op up Tisoit E epf C, ji teof zit. Quttocmz vji tnesvitv fidotoup O’wi nefi

 

[Lou7]

Dep O etl esuapf xjev ehi zua hazt esi? Esi zua vszoph vu siqmedi jis opduni xovj vji catopitt? Ov’t jesf vu eptxis xovjuav epz dupviyv ug xjisi zua esi us xjev zua esi vszoph vu fu?

Esi zua muuloph vu siqmedi $50l e zies xovj jis catopitt us $300l e zies?

O'n 30, tji't 31!

Vji wotoup ot, op usfis:

1. Siqmedi jis dassipv (mux) opduni
2. Tdemi epf eavunevi et nadj et quttocmi. Vji tidupf huem ot $15l op nupvjmz qsugov, xovj jiewz eavunevoup. Jis temesz xomm ci qesv ug qezsumm, tiqesevi gsun qsugovt
3. Updi xi jov vji tidupf huem, O’mm gudat iydmatowimz up jis dunqepz. Ov't DIPVT epf jet nusi quvipdoem vjep nz eapv cob

Xi'si op Csebom, xovj 100 nommoup xunip xju muwi kiximsz. Zit, vjisi’t e muv ug dunqivovoup, xjodj ot xjz xi'si muuloph gus e csepfoph ehipdz sohjv pux. Xi emtu huv 50 gusnt eptxist gsun gusnis epf quttocmi dmoipvt, ofipvogzoph vjios qeop quopvt epf cohhitv fitosit

Cz vji xez, tji emtu timmt op qistup. Iwip og vji i-dunnisdi tofi fuitp’v veli ugg sohjv exez, tji dep tvomm neli e mowoph gsun ov

 

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