If I leave my (successful) career to start a business, could I get back on the ladder if the business fails? [closed]

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I am currently excelling in my career - especially when compared to other professionals my age. I am about 1 promotion away from being a Global Director of Marketing....it is in sight and totally possible in the next year.

I, however, have a few business ideas and I really think they have leverage and could become successful.

If I leave my career and set up these businesses, could I re-enter my career where I left if the business failed?

Thanks!

career-development

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asked Mar 6 '16 at 11:05

David

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closed as primarily opinion-based by Jim G., Joe Strazzere, alroc, Dawny33, gnat Mar 6 '16 at 16:06

Many good questions generate some degree of opinion based on expert experience, but answers to this question will tend to be almost entirely based on opinions, rather than facts, references, or specific expertise. If this question can be reworded to fit the rules in the help center, please edit the question.

• 
  
  
  

  
  

  
  
  
  
  
  

  
  Would working part time be an option?
  – Ed Heal
  Mar 6 '16 at 11:17
  

  
  
  
  

suggest improvements | 

up vote
-1
down vote

favorite

I am currently excelling in my career - especially when compared to other professionals my age. I am about 1 promotion away from being a Global Director of Marketing....it is in sight and totally possible in the next year.

I, however, have a few business ideas and I really think they have leverage and could become successful.

If I leave my career and set up these businesses, could I re-enter my career where I left if the business failed?

Thanks!

career-development

share|improve this question

asked Mar 6 '16 at 11:05

David

6

closed as primarily opinion-based by Jim G., Joe Strazzere, alroc, Dawny33, gnat Mar 6 '16 at 16:06

Many good questions generate some degree of opinion based on expert experience, but answers to this question will tend to be almost entirely based on opinions, rather than facts, references, or specific expertise. If this question can be reworded to fit the rules in the help center, please edit the question.

• 
  
  
  

  
  

  
  
  
  
  
  

  
  Would working part time be an option?
  – Ed Heal
  Mar 6 '16 at 11:17
  

  
  
  
  

suggest improvements | 

up vote
-1
down vote

favorite

up vote
-1
down vote

favorite

I am currently excelling in my career - especially when compared to other professionals my age. I am about 1 promotion away from being a Global Director of Marketing....it is in sight and totally possible in the next year.

I, however, have a few business ideas and I really think they have leverage and could become successful.

If I leave my career and set up these businesses, could I re-enter my career where I left if the business failed?

Thanks!

career-development

share|improve this question

asked Mar 6 '16 at 11:05

David

6

I am currently excelling in my career - especially when compared to other professionals my age. I am about 1 promotion away from being a Global Director of Marketing....it is in sight and totally possible in the next year.

I, however, have a few business ideas and I really think they have leverage and could become successful.

If I leave my career and set up these businesses, could I re-enter my career where I left if the business failed?

Thanks!

career-development

share|improve this question

asked Mar 6 '16 at 11:05

David

6

share|improve this question

share|improve this question

asked Mar 6 '16 at 11:05

David

6

asked Mar 6 '16 at 11:05

David

6

asked Mar 6 '16 at 11:05

David

6

6

closed as primarily opinion-based by Jim G., Joe Strazzere, alroc, Dawny33, gnat Mar 6 '16 at 16:06

Many good questions generate some degree of opinion based on expert experience, but answers to this question will tend to be almost entirely based on opinions, rather than facts, references, or specific expertise. If this question can be reworded to fit the rules in the help center, please edit the question.

closed as primarily opinion-based by Jim G., Joe Strazzere, alroc, Dawny33, gnat Mar 6 '16 at 16:06

Many good questions generate some degree of opinion based on expert experience, but answers to this question will tend to be almost entirely based on opinions, rather than facts, references, or specific expertise. If this question can be reworded to fit the rules in the help center, please edit the question.

• 
  
  
  

  
  

  
  
  
  
  
  

  
  Would working part time be an option?
  – Ed Heal
  Mar 6 '16 at 11:17
  

  
  
  
  

suggest improvements | 

• 
  
  
  

  
  

  
  
  
  
  
  

  
  Would working part time be an option?
  – Ed Heal
  Mar 6 '16 at 11:17
  

  
  
  
  

Would working part time be an option?
– Ed Heal
Mar 6 '16 at 11:17

Would working part time be an option?
– Ed Heal
Mar 6 '16 at 11:17

suggest improvements | 

2 Answers
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could I re-enter my career where I left if the business failed?

It can be difficult to reenter the workforce at the same level if you had a failed business for many reasons. Even reentering after selling a successful business can be hard.

Employers tend to look askance at entrepreneurs and they're not usually the preferred sort of employee. And negotiating from a failed business scenario is a weak negotiating position to be in. I don't know a single entrepreneur who has managed this.

In your case you know marketing is a very competitive profession, and a lot of it is networking, if you're out of the picture for a while it may be even harder to break back in then for a technical person.

If you start your own business, always have an exit strategy.

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edited Mar 6 '16 at 11:58

answered Mar 6 '16 at 11:14

Kilisi

94.6k50216376

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Short answer: There's absolutely no way to tell.

There is no way to tell what impact your going out on your own will have on the relationship with your current professional contacts, nor if you would be able to return to your previous role if it all goes wrong. They may look at your entrepreneurial venture as a positive or negative, especially if it does not end well.

All I would say is that you should probably expect that you will not be able to pick up where you left off in the face of a failed business. That is not to say you can't, but you need to understand the gravitas of what you are setting out to do in the context of your future career path, and that it may be a starting point you can return to, but just as possibly it may not.

As the old saying goes, hope for the best but plan for the worst :)

share|improve this answer

answered Mar 6 '16 at 11:16

Jane S♦

40.8k17125159

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2 Answers
2

active

oldest

votes

2 Answers
2

active

oldest

votes

active

oldest

votes

active

oldest

votes

up vote
3
down vote

could I re-enter my career where I left if the business failed?

It can be difficult to reenter the workforce at the same level if you had a failed business for many reasons. Even reentering after selling a successful business can be hard.

Employers tend to look askance at entrepreneurs and they're not usually the preferred sort of employee. And negotiating from a failed business scenario is a weak negotiating position to be in. I don't know a single entrepreneur who has managed this.

In your case you know marketing is a very competitive profession, and a lot of it is networking, if you're out of the picture for a while it may be even harder to break back in then for a technical person.

If you start your own business, always have an exit strategy.

share|improve this answer

edited Mar 6 '16 at 11:58

answered Mar 6 '16 at 11:14

Kilisi

94.6k50216376

suggest improvements | 

up vote
3
down vote

could I re-enter my career where I left if the business failed?

It can be difficult to reenter the workforce at the same level if you had a failed business for many reasons. Even reentering after selling a successful business can be hard.

Employers tend to look askance at entrepreneurs and they're not usually the preferred sort of employee. And negotiating from a failed business scenario is a weak negotiating position to be in. I don't know a single entrepreneur who has managed this.

In your case you know marketing is a very competitive profession, and a lot of it is networking, if you're out of the picture for a while it may be even harder to break back in then for a technical person.

If you start your own business, always have an exit strategy.

share|improve this answer

edited Mar 6 '16 at 11:58

answered Mar 6 '16 at 11:14

Kilisi

94.6k50216376

suggest improvements | 

up vote
3
down vote

up vote
3
down vote

could I re-enter my career where I left if the business failed?

It can be difficult to reenter the workforce at the same level if you had a failed business for many reasons. Even reentering after selling a successful business can be hard.

Employers tend to look askance at entrepreneurs and they're not usually the preferred sort of employee. And negotiating from a failed business scenario is a weak negotiating position to be in. I don't know a single entrepreneur who has managed this.

In your case you know marketing is a very competitive profession, and a lot of it is networking, if you're out of the picture for a while it may be even harder to break back in then for a technical person.

If you start your own business, always have an exit strategy.

share|improve this answer

edited Mar 6 '16 at 11:58

answered Mar 6 '16 at 11:14

Kilisi

94.6k50216376

could I re-enter my career where I left if the business failed?

It can be difficult to reenter the workforce at the same level if you had a failed business for many reasons. Even reentering after selling a successful business can be hard.

Employers tend to look askance at entrepreneurs and they're not usually the preferred sort of employee. And negotiating from a failed business scenario is a weak negotiating position to be in. I don't know a single entrepreneur who has managed this.

In your case you know marketing is a very competitive profession, and a lot of it is networking, if you're out of the picture for a while it may be even harder to break back in then for a technical person.

If you start your own business, always have an exit strategy.

share|improve this answer

edited Mar 6 '16 at 11:58

answered Mar 6 '16 at 11:14

Kilisi

94.6k50216376

share|improve this answer

share|improve this answer

edited Mar 6 '16 at 11:58

edited Mar 6 '16 at 11:58

edited Mar 6 '16 at 11:58

answered Mar 6 '16 at 11:14

Kilisi

94.6k50216376

answered Mar 6 '16 at 11:14

Kilisi

94.6k50216376

answered Mar 6 '16 at 11:14

Kilisi

94.6k50216376

94.6k50216376

suggest improvements | 

suggest improvements | 

up vote
0
down vote

Short answer: There's absolutely no way to tell.

There is no way to tell what impact your going out on your own will have on the relationship with your current professional contacts, nor if you would be able to return to your previous role if it all goes wrong. They may look at your entrepreneurial venture as a positive or negative, especially if it does not end well.

All I would say is that you should probably expect that you will not be able to pick up where you left off in the face of a failed business. That is not to say you can't, but you need to understand the gravitas of what you are setting out to do in the context of your future career path, and that it may be a starting point you can return to, but just as possibly it may not.

As the old saying goes, hope for the best but plan for the worst :)

share|improve this answer

answered Mar 6 '16 at 11:16

Jane S♦

40.8k17125159

suggest improvements | 

up vote
0
down vote

Short answer: There's absolutely no way to tell.

There is no way to tell what impact your going out on your own will have on the relationship with your current professional contacts, nor if you would be able to return to your previous role if it all goes wrong. They may look at your entrepreneurial venture as a positive or negative, especially if it does not end well.

All I would say is that you should probably expect that you will not be able to pick up where you left off in the face of a failed business. That is not to say you can't, but you need to understand the gravitas of what you are setting out to do in the context of your future career path, and that it may be a starting point you can return to, but just as possibly it may not.

As the old saying goes, hope for the best but plan for the worst :)

share|improve this answer

answered Mar 6 '16 at 11:16

Jane S♦

40.8k17125159

suggest improvements | 

up vote
0
down vote

up vote
0
down vote

Short answer: There's absolutely no way to tell.

There is no way to tell what impact your going out on your own will have on the relationship with your current professional contacts, nor if you would be able to return to your previous role if it all goes wrong. They may look at your entrepreneurial venture as a positive or negative, especially if it does not end well.

All I would say is that you should probably expect that you will not be able to pick up where you left off in the face of a failed business. That is not to say you can't, but you need to understand the gravitas of what you are setting out to do in the context of your future career path, and that it may be a starting point you can return to, but just as possibly it may not.

As the old saying goes, hope for the best but plan for the worst :)

share|improve this answer

answered Mar 6 '16 at 11:16

Jane S♦

40.8k17125159

Short answer: There's absolutely no way to tell.

There is no way to tell what impact your going out on your own will have on the relationship with your current professional contacts, nor if you would be able to return to your previous role if it all goes wrong. They may look at your entrepreneurial venture as a positive or negative, especially if it does not end well.

All I would say is that you should probably expect that you will not be able to pick up where you left off in the face of a failed business. That is not to say you can't, but you need to understand the gravitas of what you are setting out to do in the context of your future career path, and that it may be a starting point you can return to, but just as possibly it may not.

As the old saying goes, hope for the best but plan for the worst :)

share|improve this answer

answered Mar 6 '16 at 11:16

Jane S♦

40.8k17125159

share|improve this answer

share|improve this answer

answered Mar 6 '16 at 11:16

Jane S♦

40.8k17125159

answered Mar 6 '16 at 11:16

Jane S♦

40.8k17125159

answered Mar 6 '16 at 11:16

Jane S♦

40.8k17125159

40.8k17125159

suggest improvements | 

suggest improvements |