Ever Dropped Everything You Knew And Started Over? | FerrariChat

Ever Dropped Everything You Knew And Started Over?

Discussion in 'Other Off Topic Forum' started by AJS328, Jan 5, 2006.

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  1. AJS328

    AJS328 F1 Veteran
    Owner

    Apr 23, 2003
    7,520
    New Jersey
    Full Name:
    Augustine Staino
    I've been dying to ask this question for a long time. Have any of you reached a point in your life financially, careerwise, or otherwise where you just felt that you were not going in a direction that you were happy with? Did you ever make a huge change in your life? Did you leave your job, sell your house, and move to a completely different area and start a completely different career? If so, what happened? Was it a move you are happy you made?

    I have been grappling with this issue for the better part of the last five years. I grew up in a middle-class family outside of Philly and I've been surrounded by the automobile business my entire life. My paternal grandfather was a car dealer, my father is a car dealer, and I have several uncles and cousins that are in the business as well. You could say that it's in my blood. The difference between my family and I is that they love the business and couldn't care less about the cars themselves where as I love the cars and am not very fond of the business.

    It was always expected of me to enter the car business upon reaching adulthood and "take over" so to speak. I went to college in the late 90's and tried to find any other career path besides being a car dealer. During my stay at school I switched majors about five times and never discovered my true direction. I understand that this happens quite often so I wasn't too concerned. "I'm young. I'll find out what I want to do eventually" is what I told myself repeatedly.

    Well, after college I was broke so I returned to the Northeast like the prodigal son. I still didn't know what I wanted to do and my father threw me a lifeline. He said, "I know you don't want to be in the car business but you need a paycheck. We need a used car manager at the dealership. Why don't you fill in there until you figure out what it is that you want to do."

    I wasn't crazy about working at the dealership even on a temporary basis because I had worked there for years before that selling cars. I knew it wasn't for me but my dad was right. I needed money. Well, the amount of money I started making was more than I had envisioned. When things were good I was making great money, especially for a 23 year old kid! Soon I was endulging in the cars that I only dreamed about previously. I had a few Porsches and bought my first Ferrari at 25 years old! Not too shabby. Still, the one thing that remained constant was my disdain for my career. I didn't love it. Hell, I didn't even like it! I merely tolerated it because it provided me with the formula to satisfy my fix of cars, food, wine, women, etc. Money!

    There were so many times during the last five years when I was dead serious about dropping everything and leaving the dealership for other locales and careers. I've almost moved to Florida and California a handful of times. Every time I was about to do it there was that apprehension that held me back. Will I make the same money? Will I like what I do and where I am? What will I have to give up?

    I've been trying to escape ever since I got in and my opportunity has finally come. Just recently my father, who co-owns the dealership that we work in, has become tired of the business. He's watched it change from one that was fun and exciting and profitable in the "old days" to one that is filled with aggravation and dwindling profits. He's had enough and he wants out. So, in a short amount of time he will either sell the store, or sell his interest in it, and we will both be starting anew once again.

    My father has a bunch of ideas of projects that he wants to do and he's expressed interest in bringing me along. I just don't know if that's the right move for me. I feel like I'm being given the window of opportunity that I've always wanted. I know I am not happy with my current career but I've always wanted the freedom to pack up and move to a totally new location and start off fresh. I'm finally getting that chance. Within the month my father and I will be free and it's very, very exciting and yet very scary at the same time. I've worked under the protective wing of family for most of my life. Now I have a chance to change all of that and truly see what I'm capable of. I just don't know where to start. I like the idea of relocating, preferably to South Florida (the place I know almost as well as this area). I just don't know what steps I should take. I have an education, qualifications, and talent but I don't really know how to funnel it in the right direction.

    That is where you guys come in. I figured I would ask what others did when they were in a similar situation so that I can gain some inspiration from their stories. I would appreciate any and all discussion, opinions, advice, etc. Sorry for rambling on like that. I just wanted to paint a small picture of where I'm coming from with this. Thanks in advance! :)
     
  2. BigDog

    BigDog Formula 3

    Nov 1, 2003
    1,316
    under the sea!
    I'm sort of in the situation now... I work in a job that pays me very well... but i HATE coming to the office everyday


    HATE IT

    but I stay because like you... the money funds my other intrests...

    regardless, I know that in the end if I stay here, I may have a warm wallet, but I'm going to be absolutly miserable...

    my solution as of now?

    I'm still here... but I've begun searching to move out of this field totally and move on to new and different things... but as a precaution, I'm still sticking here until I have something concrete to move onto...

    its better to be miserable for an extra 5-6 months and move onto something concrete than to stop being miserable, but without money... (atleast for the short term)
     
  3. Enzo

    Enzo F1 Rookie

    Feb 14, 2002
    4,089
    MinneSOta
    Full Name:
    Pat Pasqualini
    Well I didn't move but I was walking down the path of becoming a Police Officer. In fact I only have 2 classes left to finish. I was even working at the Police Dept in another capacity until I finished school. I changed and got out while I could and ended up at a small printing and packaging company and worked my way from the factory floor into the office and finally their IT guy and have stuck with computers ever since then. I finally came to the conclusion that they call work 'work' for a reason and that unless you have some sort of dream job no one wants to get up every day and go to work. Don't know what advice I could give you Gus but let me know if you need anything. If you are interested in a change of scenery you could always move out here and we can open a liquor store or something (there is an empty lot next to us for sale).
     
  4. andrewg

    andrewg F1 Rookie
    BANNED

    Sep 10, 2002
    4,667
    Chester, England
    Full Name:
    AndrewG
    Over the past 2 years I've turned my occasionaly profitable Ferrari hoby into a proper business, from 22 to now I've made a decent living in IT, whilst I've always had and always will be interested it stoped being fun a couple of years ago. I now do both part time and have never been happier (its still early days though) I've gone from hating going in to work in the morning to jumping out of bed looking forward to it!

    If you can afford to live whilst your making this change go for it even if it all goes breasts skywards at least you'll be able to jump back into the Auto business
     
  5. Daytona Rick

    Daytona Rick Formula 3

    Jan 23, 2005
    1,060
    Windy City
    Full Name:
    Rick
    You are describing "DIVORCE"! After 24 yrs my ex wanted to go back to mommy and daddy. So new house, new friends, stayed in same company but took new job (mistake). Lot poorer, but lawyers were happier. Many new things, very confusing and discouraging for awhile but then there is life after Divorce and someone new in life so life is once again great.

    Don't be afraid of Change and remember there is a light at the end of the tunnel and not always a freight train. Just keep on going! Better to come to the Pearly Gates and look back on your life and all the things you did and accomplish than to say: "should of, could of, would of" - Just do it and good luck!
     
  6. BWS550

    BWS550 Wants to be a mod

    Apr 1, 2002
    8,933
    NEW JERSEY
    Full Name:
    BRUCE WELLINGTON
    GREAT READ GUS......

    MY STORY IS DIFFERENT,,,,,,,,,


    WORKING FOR MY GRANDFATHER AND DAD IN THE MID 70S AND THE CRUSH OF CANAL ST, NYC WAS IN MY BLOOD..

    WENT TO COLLEGE, PLAYED PROF HOCKEY FOR 2 YEARS, AND THEN THE ALWAYS FAMOUS WORDS FROM DAD " WHY DONT YOU COME WORK FOR ME"..I SAID YES IN 1982 AND WAS THERE TILL " 97, WHEN DAD GOT RID OF THE BUSINESS ...

    I HAVE BEEN IN THE BATTERY BUSINESS FOR 27 YRS, (IM NOW 45) WHILE DUCKING HUGE MONIES FROM CORPERATE ENERGIZER, I STAY HERE IN NJ, SMOKING MY PIPE AND COMING TO WORK IN SHORTS...

    ITS A BORING BIZ FOR ME, BUT ITS MINE AND THE RESIDUALS I CANT COMPLAIN ABOUT

    MAYBE IN SOME YEARS, ILL GO TEACH AT A COLLEGE OR A BE A COUNSELOR AT A TEEN AGE JUVENILE TYPE SETTING.....

    WE WILL SEE....GOOD LUCK GUS AND CARBON...YOU WILL ALWAYS HAVE FRIENDS THAT SUPPORT YOU

    BRUCE
     
  7. jimwalking

    jimwalking Formula Junior

    Jan 3, 2006
    489
    What do you dislike about the automobile business?

    I know people always say you have to follow your dreams, find a career you'll love. Who do you know actually loves their job? I have friends that enjoy their work, but everyone of them would move on for more money.

    It sounds like your ability to make the same money somewhere else is slim. You want to see how good you have it already, I have an experiment for you. Live for one year on 50% of your present income, which includes moving down in your residence. If after a year of living with half as much, see if it is a lifestyle you could deal with indefinetely. If you can live so cheaply, then you might be able to find a career that you enjoy at an income level you can accept. To believe you will replicate your current lifestyle anywhere else is simply a dream. You were handed a job in an established company. Your distain probably shows in your dealings, and despite that, you are still succeeding.

    Be careful what you wish for, you just might get it. You think you are unhappy now, wait until you have a real boss screaming at you for 1/4 of the pay.
     
  8. ryalex

    ryalex Two Time F1 World Champ
    Consultant Owner

    Aug 6, 2003
    26,017
    Las Vegas, NV
    Full Name:
    Ryan Alexander
    I always love changing and new adventures, so obviously I'd say sell the home and move on. Of course, I've never bought a home of my own - and I grew up moving from home-to-home and eventually city-to-city, so I have this aversion to 'stagnation' and don't feel at home anywhere.

    You know enough people that if you came up with a business idea you could probably get funding (esp if your dad sells, and has a wad of cash to reinvest). You could go to graduate school and buy yourself some more time and earn another credential... and debt. If you did FL you could work with alumni contacts if you wanted a "job" job - surely you still know ppl in the area.
     
  9. fanatic1

    fanatic1 Guest

    Nov 1, 2003
    561
    columbus
    Full Name:
    philip
    I'll respond a little differently. Stay where you are. It doesn't really matter if you like your job, it give you the power to get what you want out of life. Don't get your EGO from your job. No one has ever died, and put on their tombstone. "I wish I would've spent more time working". My point is no matter how much you love your job, you will always love your freetime more. Get your ego and your enjoyment and your fulfillment from being a great boyfreind, a great son, a great husband, father, mentor, a great person! Not a great employee, see what I mean. Generally speaking, no matter what you do as a job, sooner or later you don't like it anymore. i understand there is a minute amount of people who are lucky enough to love their job forever, but that is a miniscule amount of the general population. Use your job to get a better life for yourself, for your family and spend your quality time with them. Be a great employee, be honest and hardworking, but find pleasure in that in itself, not the actual tasks you are completing.
     
  10. fanatic1

    fanatic1 Guest

    Nov 1, 2003
    561
    columbus
    Full Name:
    philip
    p.s.
    There's an old Japanese proverb that goes something like this. "If you have to move 10 feet to be happy, you'll never be happy". To me it means that happiness is found inside, happy content people are usually happy and content whereever they are.......we all know people who are unhappy and unfullfilled wherever they are...........which one do you want to be?
     
  11. AJS328

    AJS328 F1 Veteran
    Owner

    Apr 23, 2003
    7,520
    New Jersey
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    Augustine Staino
    I really appreciate all of the responses so far. Please keep in mind though that I no longer have a choice about whether I will stay or leave the dealership. That decision has been made for me. The only place I can stay is with my father, and it has yet to be determined where or what that would be.
     
  12. darth550

    darth550 Six Time F1 World Champ
    Lifetime Rossa

    Jul 14, 2003
    61,161
    In front of you
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    BCHC
    #12 darth550, Jan 5, 2006
    Last edited by a moderator: Sep 7, 2017
  13. Tomf-1

    Tomf-1 F1 Rookie

    Jan 17, 2004
    4,528
    Leawood KS/ South FL
    Full Name:
    Thomas

    adopt me, dave.......i will move :D
     
  14. Kds

    Kds F1 World Champ

    Hi Gus.......

    I couldn't ever see myself leaving the car business.....but here's my story....FWIW......

    20 years ago I was a commercial banker managing a $150MM loan/mortgage portfolio and earning a very good upper middle class salary ($65K in 1986) at the age of 25.........I was moving in a circle of guys at work who were 45-65 and I was coming up the ladder at the big national bank very fast.......VP in 5 years maybe......loved the money and job.....but hated the environment and politics of white collar banking. I was not going to accept another promotion and transfer involving relocation regardless of what they offered.

    One day I just woke up and instead of putting on my business suit I put on my ski suit.......loaded up the Corvette.....went to the office, cleaned out my bank accounts and packed it in......no notice......no nothing.....have a nice day guys !! It was best day of skiing I ever had in my life.......I still remember sitting on top of Brewster Mountain at Sunshine Village (7,500' AGL) and a looking out over the Rocky mountains for miles on that crisp, clear, sunny day......the merlot in my wineskin never tasted so good.....maybe it was the freedom, the sense of control, or the risk that I had just ingested......but whatever......

    I've never been happier walking away from it all like I did that day......I had it made in one way.......but the challenge and adventure of restarting over awaited.

    How I got that banking job is a story that started 4 years earlier when I was offered a position way above my head (IMHO at least) that I nervously accepted, never expecting to stay that long or be that succesful at.......same scenario.........lotsa nerves taking the risky job......but I reasoned that had I walked down a street one day and bumped into someone that I knew who got that job and I thought I was a better person for it than him I would have been pissed off at myself.

    Don't be scared of risk.......risk is manageable. Do what you like rather that what you need to and it may work out better than you ever imagined.
     
  15. AJS328

    AJS328 F1 Veteran
    Owner

    Apr 23, 2003
    7,520
    New Jersey
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    Augustine Staino
    Wow. That's incredible. I've often fantasized about doing what exactly what you did but I couldn't because it's my father's business. Still, the prospect of just jumping into something totally different is definitely appealing. I just need to see what I would be good at. It doesn't need to be glamorous.
     
  16. matteo

    matteo F1 World Champ

    Aug 1, 2002
    13,748
    On a plane somewhere
    Full Name:
    Heir Butt
    I wish I had nuts to do that.
     
  17. CMY

    CMY F1 World Champ

    Oct 15, 2004
    10,142
    Redondo Beach, CA
    Full Name:
    Chris
    It seems as though there is just a lack of focus at work here. Yes, moving may broaden your horizons but it could also raise more questions than answer them.

    Let's be honest- you've been enjoying employment through your father, making good money and while you hated the position, you might have been too lazy/scared to rock the boat. I'd say that's pretty natural.

    But now your hand is getting forced and the idea of "moving away" seems to be the only thing you're holding onto. It's a romantic notion at best, and without a semi-solid idea of what you want to do when you get there you might not be any better off. In an ironic twist, it's the dealership that's moving away from you, not the other way around.

    I'd suggest that you take a hard look at what you like to do and what opportunities may be available to make a living doing that (THEN look at locations).
     
  18. Tomf-1

    Tomf-1 F1 Rookie

    Jan 17, 2004
    4,528
    Leawood KS/ South FL
    Full Name:
    Thomas
    gus,

    at one point or another in our lives, most of us experience that metamophisis urge for a clean slate start. change is hard on those that are comfortable. change is harder on those caught off guard. change is hardest on those who can't afford the associated risks of change. change is a pretty unnatural act at least for me (for some unknown reasons, the same doesn't apply to my car habit...but that's another issue).

    i faced a very similar predicament a couple years ago. i had a well paid and respected senior leadership position in a fairly large trading company with life time job security but i was bored and felt under challenged. it took over four years of agonizing deliberation for me to finally arrived at a decision to leave and started my own company "with fraction of my former capacities". people thought i was crazy but things worked out in the end.

    i'm less than distinct at your family status (married w/ children) but as you know, our obligation and financial commitment play a big role in your risk model. to be perfectly honest, i am not sure if i'd have had the risk appetite to make the same decision today but i do know three years ago, there was much greater risk in "doing nothing" than making changes" so no regrets here....my best wish to you.


    regards,
     
  19. alanhenson

    alanhenson Formula 3

    Dec 2, 2003
    1,357
    I did. I had a very promising career. I was making lots of money meeting new people all the time. It was fast paced and demanding. I really learned alot thru my job but i just was't fullfilled. I just had an emptyness inside me that i couldn't reach. i tried all the self help books, diet, exercise and even tried dating different women.
    I finally had to come to the conclusion that it was my job that wasn't satisfying me. I mean yeah it made me alot of money and challenged me but it did not fullfill me. So I quite Taco Bell and went to work for Chick Fil A. Them some damn good chicken sandwiches. And I lived happily ever after.
     
  20. HUTCH91TR

    HUTCH91TR F1 Rookie

    Nov 7, 2003
    2,894
    Charlotte, NC
    Full Name:
    Hutch
    Hey the Gus!!! I've been vegging for a couple of years now, and not working. I recently moved from CT to North Carolina, because I dislike the northeast's weather, traffic, roads, and the snooty 10 cent millionaires that are overtaking CT. I did this because I will never have a better time in life to do this, I only have myself to take care of (No wife, no ex-wife, no kids, and no other responsibility). My life is what I make of it right now.
    I worked as a warehouse manager, and assistant service manager for a pool company in Bridgeport, CT from June '97 to July '04. I quit that job because it was not going anywhere for me, it was also very stressful working for 5 different bosses who couldn't agree on how they wanted things run. I had enough of being stuck in the middle, and just quit. I quit with enough money in bank to get me by for quite a while, and had my family's real estate business to play around at. So, I played around at real estate (nothing serious, just answering the phones and keeping the door open).
    I decided to move south last winter, when it was freaking cold in CT and Spring seemed to take forever to arrive. I don't like the cold, snowy winters of the northeast. I've always liked the Carolinas and decided to go for it. So far, I like it better down here than CT (And I was just up in CT for the holidays!).
    Gus, these transitions I've made, were made because I knew I had the resources to make it happen. My mother passed away back in October of '03 and I inherited a nice chunk of change. I also inherited some property which is now leased out for a long time. Before you go making any transitions, check that you've got some resources to fall back on for a while. But don't be afraid to take a chance!!! There are F-Chat brothers all over the world that will help you out (Daniel @ RICAMBI has introduced me to a lot of great NC Tifosi, THANKS DANIEL! :) ). Hope this helps ya to make a decision, Gus!!!! :) :) :)
     
  21. AJS328

    AJS328 F1 Veteran
    Owner

    Apr 23, 2003
    7,520
    New Jersey
    Full Name:
    Augustine Staino
    You bastard! LOL!
     
  22. ^@#&

    ^@#& F1 World Champ
    BANNED

    Feb 27, 2005
    12,091
    I am not gonna write an essay like a lot of these guys have, but Gus, You are one of few people that I believe can and will be successful at whatever they do. You seem to have a good head on your shoulders, although I still do question how you can stand lamour :D. Oh wait yeah, you just like his 360... Anyhow, I think you have the brains, and a sharp mind that will lead you to success. I can picture you running your own business. It does not need to be a car business, but it can be if you want. Have you considered starting your own business? Going in the car direction, have you considered maybe creating your own dealership? Whatever it is that you choose to do, just make sure you want to do it, and you like doing it.
     
  23. AJS328

    AJS328 F1 Veteran
    Owner

    Apr 23, 2003
    7,520
    New Jersey
    Full Name:
    Augustine Staino
    That's the only nice thing you've ever said about me. Thanks! ;)

    I do appreciate the kind words. Starting my own business is something that I would be very interested in. I would just need to figure out what and where.
     
  24. ^@#&

    ^@#& F1 World Champ
    BANNED

    Feb 27, 2005
    12,091
    That's not true, I've been nice to you. There was that time when....wait no that wasn't you. How about when...no not you again. Weren't you the one that....no that was someone else. :D
     
  25. sjmst

    sjmst F1 Veteran
    Lifetime Rossa

    Jul 31, 2003
    9,854
    Long Island, NY
    Full Name:
    Sam
    Hey Gus.
    Interesting. First, even if you had a choice, I could see why you’d want to leave the car sales biz. I have read what it is like, and it doesn’t look pleasant, much less glamorous. And right, it has nothing to do with love of cars. Its just business.

    Anyway, my advice is do what you want. Sounds corny, but FDR was right. The only thing you have to fear is fear itself.

    I consider myself a very stable, conservative, non-risk taker.

    Yet,

    As far as business:

    In my early thirties I went back to nite school, got a law degree, took a new job as a very junior atty. Took a HUGE cut in pay. REpaid my dues big time in the new career. Now, less than 10 years later, I have a great job. Not megabucks, but a good lifestyle.

    As far as personal life:

    Married for what I thought was for life. One day my wife, out of the blue, leaves a Dear John letter and walks out. Must sell the expensive house in best part of LI North Shore and live alone in an apartment. Now, just a short time later, I have my own place, a nice woman, and a great relationship with my kids.

    Bottom line. You are smart and will thus always land on your feet. May be bumpy at times, but you’ll get by. Don’t say, “If only I had…”

    Good luck
    Sam
     

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