If You Were Offered to Manage a Start Up Business Would You Take It?

@owstalaga (4707)
Philippines
October 10, 2015 12:45pm CST
So you have a relative and he's leaving the country and he wants you to manage the small start up business he made a few months ago. Would you accept the responsibility and take the reins and follow his instructions and help run the business? This was something I experienced a year or so ago. I didn't think it was good at the time but it would have helped me learn the ropes in doing business. I am thinking of going into business now and I feel I have very little idea on how and where to start. I didn't take up his offer because I don't like being under him and learning all the tools of the trade plus the "dirty little secrets" of running a business. I don't think I was ready for it that at the time. I don't think I'll ever be ready for the dirty side of business but I should learn what I can in order to know how to run it the way I want to. Anyway, I only regret that decision by 20%. If it happened to you, would you take the offer with no questions asked? What would make you (or what made you) accept it or not?
4 people like this
4 responses
@Bluedoll (16773)
• Canada
10 Oct 15
I would consider it if the business was something I could be excited about. I want a reasonable share of some kind in writing not willing to be an employee in a startup. Not sure what you meant by dirty?
2 people like this
@owstalaga (4707)
• Philippines
10 Oct 15
Oh that's one of the reasons I didn't take it too. I wasn't interested in the product at all. I wouldn't be motivated to work in the company if I am not excited about the product even if it was food. I was offered a share (I think) but I still didn't take it. Wasn't really paying attention whenever he talked about it. I mean dirty like how business can get dirty. You know all the red tape and all that shizz...
1 person likes this
@Bluedoll (16773)
• Canada
11 Oct 15
@owstalaga Interest has to be there agree. Red tape there is too much and too many traps, things we need to do or find out about. It kind of turns me off about business too. I want to work not be a lawyer.
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@owstalaga (4707)
• Philippines
11 Oct 15
@Bluedoll Yeah, I want to earn and not have to go through all the hoops just to make money out of a business. I think a home based one is better, especially if it is really one's interest.
1 person likes this
• United States
11 Oct 15
i reckon it'd depend'n the business 'n whether such a venue tickled my fancy 'r not.
2 people like this
@owstalaga (4707)
• Philippines
11 Oct 15
@crazyhorseladycx It is a food related business. Not too crazy with the kind of food though so I said pass.
1 person likes this
@skysnap (20153)
11 Oct 15
Sure. I'd take the technical and the planning phase of the business. I am just not good with the people management part. I have to improve on that one as life goes ahead. I'd also hire carefully in order to manage that.
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@owstalaga (4707)
• Philippines
11 Oct 15
Oh but you would already have employees that work with the relative and machines that would be operated by these people too. Never thought of it that way (the technical and planning part) because I was not interested at all although it was tempting to manage a business out of the blue.
@skysnap (20153)
11 Oct 15
@owstalaga I don't find it tempting but more of easier to manage the technical part. it's just people stuff that takes more time.
@cahaya1983 (11116)
• Malaysia
12 Oct 15
I'd need a lot of time to think and do my own research before taking up such an offer (and considering how analytical I am that could take a very long time, hehe). If it's stable, promising and something I'm passionate about, why not?
1 person likes this
@owstalaga (4707)
• Philippines
13 Oct 15
Well it was promising, and of course start ups can't be stable yet... as for passionate well I wasn't passionate about the food product so I let it go.
1 person likes this
@cahaya1983 (11116)
• Malaysia
13 Oct 15
@owstalaga Yeah that's something you should consider. For me, it's very hard to enjoy working something I'm not interested in.
1 person likes this