I’ve been working for a startup for three years and I’m beginning to wonder if spending all those long evenings and weekends at work was worth sacrificing the time I could’ve used to invest in my friends and family… I think I want out.
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LLC stands for Limited Liability Company, a type of business structure that
A Limited Liability Company (LLC) has the tax benefits of a partnership
If you have a small business, you need to have business health
If your stake in the company is small and they don’t look like they’re heading for a big exit, then yes, definitely get out. If your stake in the company is large and they don’t look like they’re heading for a big exit, get out. Only stay if you feel like the company is headed somewhere.
3 years is too long for a non-founder if the company hasn’t made any big moves.
Agreed with first poster. Unless you have a significant stake in it, its not worth it. I spent 10 years chasing my OWN startup and its not worth it either. If I could do it again, I would’ve given up way earlier – but I’m a dumbass. Cie la vie.
I somehow feel that this whole startup thing has run its course and people are starting to realize that it profited only a very select group of people…. much like the Groupon experiment.
I understand that it was the most likely reaction to the recession when many graduates didnt find jobs, but I think there are many more opportunities out there now…
I say this often. If you are in it to make money get out ASAP or else you will regret it.
People think startups are money makers there not. You join a startup because you think that what they are doing is unique and has a purpose.
First rule to startups is listen to your gut. It knows you better then you think.
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