04-02-2017, 06:03 AM
Monday night my boss (owner of the company) invited me to a fundraiser dinner in which the NCAA basketball championship will be played directly after. It's a great opportunity because he is now 100% owner and he has hinted at making me a partner off and on over the last couple of years when his takeover is complete. I'm the next highest at the company and I'm pretty sure he wants to groom me to be able to run things and give me a little piece as incentive. That way he can work as few hours as he wants while still collecting the bulk of the profits. I already have a very generous salary and the company I work for is a well oiled machine. In order for me to make any more money I would have to spend years building up a business in order just to get back to my current level. It really makes the most sense to stay, make partner then I have long term security. The move the previous partners have made is a few years after they make partner the start cutting hours until they are down to two or three mornings a week and essentially never retire because what's the point. They put in 10-20 hours per week and still collect their salary and part of profits. Making partner would mean I could work 12 hours per week in my 70’s and maybe even 80’s and not have to pull from my 401k and possibly continue to add to it. Huge really. I'm also assuming by this time (I'm 35 now) MHS is so strong it's able to keep me healthy. Maybe Shannon will even have a fountain of youth sub. Just kidding (kind of).
Grit
