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Weighing out the options...
Eh, this is kinda long, bear with me. What would you do in this situation (or hope that DH would do)?
Let me start by bragging up my hubby. DH worked as a road rep (doing tax/investment/business planning) for Company A for 7 years. He single handedly took care of nearly every corporate client. He was consistently the highest generator of new business and churned out the most work, made the most money, and earned the highest bonuses. He even holds sales and performance records for their entire company (Canada-wide). The only downside is that he was literally *never* home. I would go weeks without seeing him. We made it work, it was ok. Three years ago, they basically threw money at him to have him agree to sign on to manage the company?s corporate division. He negotiated a very generous salary and bonus package and, under his leadership, their office has exceeded national targets. He?s a superstar! lol
Recently, their office has hit a sort of performance slump. Morale is down, quality and quantity of work being done is low.
DH recently started a new company that does soil reclamation services for environmental firms and oil companies (basically cleaning up the contaminated soil, etc). They have had a lot of success thus far and, as long as it continues to grow and generate income at this same pace, DH planned to quit the manager?s job at Company A and work with the environmental firm full time (the timeline was about a year and half from now).
Yesterday DH was asked by his GM at Company A if he would consider going back on the road, while continuing to perform many of the duties he does as manager of their corp. division (a tremendous amount of work IMO). DH thinks he is in a very strong position to negotiate a salary for doing this in addition to being paid for the road work. My initial reaction is for him to say ?no?. I mean, he already bends over backwards to bail his boss out and make him look good. I just see this as his boss?s way of, once again, taking advantage of DH. Plus, DH and I talked ALOT about the plan for his phasing out this job, and to go back ob the road totally interferes with that plan. The only thing is, he can make an insane amount of money if he agrees to the arrangement, but it means he?d be gone for weeks on end.
What do you think? I don?t want DH to pass up a sound business opportunity, but I worry about him getting burned out ? as he?d still be running the environmental firm too!
Re: Weighing out the options...
Ok keep in mind that I would HATE to make the decision I would suggest but it would be the most likely route we would take.
Negotiate the higher salary go on the road and higher an assistant to help run the environmental firm until he could quit working for company A. It's sounds crazy but if your DH could negotiate enough extra salary to offset the cost of the assistant and then have his regular salary to live off of and the road stuff on top of that you would probably be able to get the environmental business in a better situation faster. Your DH will be exhausted but it might actually speed things up to getting him out of Company A. I hope that made sense. I does in my head anyways!
You make a good point. I think DH forgets how hard it is to do that kind of work. We'll see, the decision is, ultimately, his to make.
tough one. Is he actually allowed to be running his company (company
while working for company A? I know at my company we are not allowed to "moonlight" so conflicts between primary job and moonlighting job do not happen. Does company A know about company B? Are they in the same type of industry? If so, I don't think he can ethically work for both.
Seeing as you already seem financially stable, I don't think it makes sense for him to make oodles more by going on the road. Money can't buy happiness. It sounds like he would be happier working for company B only, and declining the company A job offer would allow him to work for himself sooner AND not completely burn out.
If he really wants to do it though, Sammy's idea is a good one too.