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Old 10-26-2022, 05:35 PM   #3295
calgarygeologist
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Join Date: Dec 2013
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Quote:
Originally Posted by Flames0910 View Post
If you were quitting your job at a successful but dysfunctional company (and maybe even rallying a couple coworkers to join you) why would you move across the street to the firm that's never turned a profit, doesn't have any noteworthy clients, and probably needs to overhaul the leadership team when you could just start fresh with a new company of your own?
Your not really necessarily providing a path to success with that strategy though. Unless the existing entity comes with a lot of liabilities, ie. baggage - as you claimed but haven't provided any proof of, what is the risk or downside? There is still some capital available to leverage even if it is a minor amount.

Last edited by calgarygeologist; 10-26-2022 at 06:43 PM.
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