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Reply to "If you made your $ in high income/traditional professions"
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[quote=Anonymous][quote=Anonymous]Say biglaw or banking or engineering. Have you ever considered leaving the profession when you get to x net worth (whatever x is for you) to start a business? And by business I mean a regular business - buying a franchise in fast food, gas station etc, not starting your own law firm or consulting practice. I’m considering it now as I was just offered first dibs on a franchise. I wouldn’t be there serving fries as it’s pretty big with several dozen employees, managers etc. The financials make sense. I am at a point in my profession where it’s gotten hard to move around, get new jobs etc — I just don’t have the right connections, ageism is starting etc. But IDK there’s a part of me stuck on the fact that I’m closing the door on my professional career that I went to school for and slogged at for years. Anyone consider this?[/quote] I don't see why you can't do the franchise while maintaining your current profession. Sounds like the franchise is mostly hands-off for you?[/quote]
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