Don't expect any such contract. It would be nice, but if the company may
fold in the next few months, they won't want to be liable for another $X
dollars to every employee. And you may not be able to collect those dollars
in any case, should they file Chapter 11.
Trust your instincts. Have you met the principals of the company? Do they
seem sincere? Do they sound committed to the vision they present for the
company? What kind of financial backing do they have? (If I'm not
mistaken, the number one cause of business failures is undercaptilization...
whether they come up $1,000 shy of turning a profit or $1,000,000,000 makes
little difference it puts you out of a job). You obviously have some severe
reservations.... be honest with yourself. What kind of chances do you give
the company?
Then there are the intangibles. Millions of them. What if you meet the
love of your life at the company? They might fold tomorrow, and you'll
still be the happiest man alive. What if you meet a truly extroadinary
group of developers and go into other business ventures with them after the
company folds? You can't count even remotely on any of these things
happening, but that's what dreams are for, no?
Jim
----- Original Message -----
From: "Angel Stewart" <[EMAIL PROTECTED]>
To: "CF-Community" <[EMAIL PROTECTED]>
Sent: Wednesday, July 25, 2001 9:47 PM
Subject: RE: okies people..career question.
> Ok..this is the situation more clearly.
> if i can think and type clearly now :)
>
> Essentially, and in a nutshell. I would be leaving a stable, secure job
(and yes it IS secure, the company is NOT going to
> fold anytime soon in Trinidad's marketplace)...for what would be a Startup
company based in the US with an outsourcing
> operation in Trinidad,offering a higher salary. I would be doing the work
in Trinidad, and going with the US arm to meet
> clients in the States when necessary to analyse their needs etc. and
determine what we have to do to meet the requirements of
> the client's solution, as well as manage whatever staff we need either
full/part time to do these Web Application jobs,
> whether they are in Trinidad or wherever else. Technically the fact that
the jobs I am undertaking will be all outside of
> Trinidad doesn't put me in direct competition with the company I presently
work for anyways.
>
> But because it's a startup..nothing's guaranteed.This could all bust
tomorrow ;-)
>
> What I decided over some Boddingtons and stuff tonight was that in this
contract I'm supposed to get, I make sure that a
> certain period, with a certain pay for that period as standard is
stipulated. That way if it goes bust after this big job at
> the end of three months I still get paid for a year or two..however much.
It's also a way to see just how serious this
> company in the States is about the job, and its long term value.
>
> That will help me make my decision whether to leave or not, and also turn
this from a Security - Risk to a Security -
> Security :)
>
> Two, for further security and not to burn any bridges, I negotiate four
months no pay leave from my present company to test
> the waters at this new startup.
>
> As for dependents....I have none. I'm 24 with no wife, no kids just me to
think about (no steady significant other
> either..and if someone disagrees its her fault for not making her
intentions clear anyway right? ;-) lol!).
>
> Of course none of this matters until I see that contract and what it
entails, and run it past a corporate lawyer.
>
> Ahh well..I suppose I could do with some more excitement, and one things
for sure this new job if I go with it full steam
> sure as hell won't be boring! It WILL be a challenge!
>
> So..that's the plan of action I came up with =)
> It is very cool to have a list of people that are in the same industry to
bounce these ideas off of..it is extremely
> extremely useful to get so many varying points of view. You know without
the Internet getting such a variety of views on a
> single topic would be just about impossible for anyone to accomplish. A
pity if I start to work for a US company I'd have to
> stop being so open. In that case you never know who might be subscribed ya
know?
>
> Thanks all ^_^
>
> -Gel
>
>
>
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