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- #3
The lesson
I'll bring this long-winded story to an end with what I learned from it. The adventure wasn't a complete failure because it was a good job for many years. But I should have accepted equity in the business instead of selling the software for cash. That decision cost me my retirement.
Now it has come full circle. I'm back to the place I was when I took the job at the small company doing IT support - cleaning viruses and re-installing Windows, working every day on stuff I absolutely detest. It pays the bills. My talent is wasted here and I'm on a mission to find what I should do next.
If someday you find yourself in a position where you have invented or created something, think carefully before you sell it for cash. I knew a market existed for my software, and I should have done research and put some effort into seeking advice before I sold it for what amounted to pennies on the dollar.
I'll bring this long-winded story to an end with what I learned from it. The adventure wasn't a complete failure because it was a good job for many years. But I should have accepted equity in the business instead of selling the software for cash. That decision cost me my retirement.
Now it has come full circle. I'm back to the place I was when I took the job at the small company doing IT support - cleaning viruses and re-installing Windows, working every day on stuff I absolutely detest. It pays the bills. My talent is wasted here and I'm on a mission to find what I should do next.
If someday you find yourself in a position where you have invented or created something, think carefully before you sell it for cash. I knew a market existed for my software, and I should have done research and put some effort into seeking advice before I sold it for what amounted to pennies on the dollar.