Lets get some DFW Mustang advice...

[FATHERFORD]

I'm 26 and currently at a great job at a large company. I bring in before taxes around $150k-$180k a year + 4hours PTO a week and insurance paid. I'm going to get promoted within the next month to an administrative position, which would give an unknown pay raise, and set me up for future promotions. I have a solid reputation and easy going job which lets me work whenever and however I want and I have no fear of ever being laid off. I'm now in the "core" group(500 people out of a company of 7000+).

Short version:
I got a sweet gig that pays well and could end up being a major player running the company in 10-15 years.

I have just been offered by another company to come work contract at $115 an hour with a guarantee to work a minimum of 60 hour weeks + bonus's(estimated at $20-30k every quarter) for the next 2 years+. The work will be hard and brutal, keep your head down and just constantly work. I take the risk of the project going under halfway through, or after the 2 years getting laid off and not being able to find another gig. Basically hanging my ass out taking a risk.

Short Version:
It's a crappy hard working, name calling, finger pointing, blaming job that will pay anywhere from $400k-$500k+ a year for the next 2-3 years with the risk of finding a job afterwards.

So should I stay with the decently paid job and have a solid career, or take a risk and make gobs of money in 2-3 years hoping to find another decent job afterwards.

I work in the engineering side of Oil and Gas.

[VaderTT]

Making the big bucks takes risks, Nice gigs though man!

[mstng86]

Stay

[forbes]

deliver pizzas

[FATHERFORD]

deliver pizzas

while being a cpa?

[mstng86]

while being a cpa?

If you need a part time job, sure a CPA will be good on the weekends.


TBH, I would be thinking of the long term side of things. Not the short 2-3 year time span. In the end you will make tons of money in your current job for years to come, guaranteed. That outweighs 2-3 years of ridiculous money that will ultimately not make you happy from all the work.

[FATHERFORD]

If you need a part time job, sure a CPA will be good on the weekends.


TBH, I would be thinking of the long term side of things. Not the short 2-3 year time span. In the end you will make tons of money in your current job for years to come, guaranteed. That outweighs 2-3 years of ridiculous money that will ultimately not make you happy from all the work.

That's what I keep leaning towards also. My biggest fear is with all my best intentions that I would get used to the pay I was making those 2-3 years and go spend crazy and over extend my budget. Cause lets face it, I have some self control, but seeing big checks roll in every week I might be tempted to buy that $500k house with a 8 car garage filled lots of nice cars.

[Mike]

Unless you truly need the money, you are better off staying where you are.
I wouldn't gamble with your career like that.

[Shaggin Wagon]

Unless you truly need the money, you are better off staying where you are.
I wouldn't gamble with your career like that.

Exactly

[Txstang1]

A bird in the hand.......

[KBScobravert]

You should hire me to make decissions for you.

[sosoe]

I'm 26 and currently at a great job at a large company. I bring in before taxes around $150k-$180k a year + 4hours PTO a week and insurance paid. I'm going to get promoted within the next month to an administrative position, which would give an unknown pay raise, and set me up for future promotions. I have a solid reputation and easy going job which lets me work whenever and however I want and I have no fear of ever being laid off. I'm now in the "core" group(500 people out of a company of 7000+).

Short version:
I got a sweet gig that pays well and could end up being a major player running the company in 10-15 years.

I have just been offered by another company to come work contract at $115 an hour with a guarantee to work a minimum of 60 hour weeks + bonus's(estimated at $20-30k every quarter) for the next 2 years+. The work will be hard and brutal, keep your head down and just constantly work. I take the risk of the project going under halfway through, or after the 2 years getting laid off and not being able to find another gig. Basically hanging my ass out taking a risk.

Short Version:
It's a crappy hard working, name calling, finger pointing, blaming job that will pay anywhere from $400k-$500k+ a year for the next 2-3 years with the risk of finding a job afterwards.

So should I stay with the decently paid job and have a solid career, or take a risk and make gobs of money in 2-3 years hoping to find another decent job afterwards.

I work in the engineering side of Oil and Gas.

I hate you, That is all.

[FATHERFORD]

You should hire me to make decissions for you.

If you stroke my cock now and then you might have a job. :wink1:

[slow99]

If you knew how to do a DCF valuation to assess the 2 potential projects (staying where you are versus the new gig), I'm positive the NPV maximizing choice would be to stay at your current position.

[Pokulski-Blatz]

Wouldnt risk it. Stay.