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career path relocation
Sent to Job Experts March 13 02:15 PM

I am 40 years old. I have worked in my family biz for 18 years. I long time invested (keep in mind). In about 10 years I will have the opportunity to buy the company from my father, then in 10 more years or so sell the company for my retirement. I am an outdoor enthusiast and live in a metropolitan area. I have a chance to pursue a different career with a large company (forbes top 200) doing similar work to what I do now, sales, but re-locate to a very desirable location. With in 20 miles of all the outdoor recreation I love, and have a passion for. It is not like Im completely unhappy living where I do, but the location is where I would choose to live out of anywhere else in the world! Its near all the skiing, fishing, hiking etc I love to do, just a fanastic scenic part of the world. So I feel my choice is between a more lucrative career, eventually being a business owner, or a less lucrative career, perhaps less slightly less income in the long run, and definitely less retirement income when the time comes, but live in a location I love. Move would actually put me closer to my parents, but further away from my 3 siblings(family). Move involves a 12 year old daughter who is obviously reluctant to move, and my wife who is ready for a change. I often feel like the grass is always greener and of course it is not. Question is should I make the move, is it more important to live near the things you love or stick with a career Ive invested a lot of time towards with a great future, keeping in mind it doesnt completly suck where I live and work now.

Customer (name blocked for privacy)
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March 13 4:01 PM (1 hour and 18 minutes and 38 seconds later)
         
Reply to jon's Post: I have considered both, and frankly Im leaning toward the move. But I tend to always think the grass is greener. So Im trying to temper that. The succession plan for my fathers company involves another party buying him out first. That will happen with in the next year or so. I view that as a positive. He will then be responsible for my Dad's retirement, not me. Thats comforting to me, so I dont mind the layer of succession between myself and my father. That person is 53 years old and will run it for about ten years, then sell it to myself and my brother. The company shares would not be available for us to purchase until the other party involved is ready to retire or move on. Hey you know, there are no guarentees 20 sopme odd years from now the company shares will be worth ebough to support my retirement. Thats another angle. The company is strong now, but small and in construction material sales. As goes the home market so to goes construction materials sales.....the gamble of owning your own and such. Sorry for wordy reply..
Thanks,
Dave
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