Re: 72 Hotrod - my new project
Posted: Mon Feb 22, 2016 4:09 pm
well let me see, the lesson here I think is "beware the perma-tanned multi millionaire".
After many years working for large banks I tee'd up what looked like (and I did a LOT of due diligence incl many meetings with the CEO) a move to be global sales director of a small, fast growing fintech business that offered far more optionality and potentially large £ making potential in due course (but half the salary). However, once I got my feet under the table it took me about 2 weeks to work out it was a triumph of spin over reality...and thats being polite.
Shortly after I resigned with no job to go to and money pissing out of every orifice, (which concentrates the mind!) shareholders started to work that out as well and the shareprice halved. and halved again !
thankfully I cut my losses aggressively and quickly such that it doesn't really ever need to be on my CV - but in the intervening period toys like the hotrod had to be sacrificed!
c'est la vie, its only a car !
After many years working for large banks I tee'd up what looked like (and I did a LOT of due diligence incl many meetings with the CEO) a move to be global sales director of a small, fast growing fintech business that offered far more optionality and potentially large £ making potential in due course (but half the salary). However, once I got my feet under the table it took me about 2 weeks to work out it was a triumph of spin over reality...and thats being polite.
Shortly after I resigned with no job to go to and money pissing out of every orifice, (which concentrates the mind!) shareholders started to work that out as well and the shareprice halved. and halved again !
thankfully I cut my losses aggressively and quickly such that it doesn't really ever need to be on my CV - but in the intervening period toys like the hotrod had to be sacrificed!
c'est la vie, its only a car !