Is It Time To Shutter Our Business?
The Dr. Laura Podcast
Dr. Laura Schlessinger & SiriusXM
4.6 • 6.3K Ratings
🗓️ 23 September 2022
⏱️ 8 minutes
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| 0:00.0 | Thanks for listening to my call of the day podcast. You can hear my live radio program Monday through Friday from 2 to 5 p.m. Eastern time on serious XM triumph 11 Greg. Welcome to the program. |
| 0:13.0 | Hello, Dr. Laura. Thanks for chatting with me today. Appreciate everything you do. You're welcome. |
| 0:20.0 | I am struggling with a pretty big decision in my life right now. I'm debating on whether to close a third generation business that I've been in. I've been in it for 30 years now and 56 years old. |
| 0:39.0 | I just am really, really struggling with, you know, do I get out of the business now or do I continue to continue to work and I. |
| 0:52.0 | There's moments of joy in the business, but then there's also times when it's like I just, I think I'm ready and I'm really struggling with it. |
| 1:03.0 | Okay, for how long have you been struggling? Probably a couple years now. |
| 1:14.0 | Well, then it seems like most of you wants to stay in it. |
| 1:21.0 | How old are you? 56. |
| 1:27.0 | So if you gave up the business shuttered or sold it. What do you have on your plate to do with your time? |
| 1:37.0 | I mean, I, you know, I'm out in bike ski. I run. I, you know, I have those sorts of things. I do, you know, a fair amount of volunteer service. I'm in a local rotary club and I give my time at the local juvenile detention. |
| 1:52.0 | So I do, you know, come volunteer work. I'm active and alcoholics anonymous. So I try to give back that way also. |
| 2:01.0 | I'm not sure if boredom would be an issue. |
| 2:06.0 | I think at times it could be. |
| 2:09.0 | But, yeah, I think I could stay busy generally speaking. |
| 2:21.0 | And you say third generation business. Do you have some sense of obligation that must continue for all eternity? |
| 2:32.0 | Yeah, I hear my grandpa and my dad in the back of my head saying, you know, what do you, what are you thinking? Yeah, that's, there's no question about that. |
| 2:42.0 | Well, they were at a different time in history too. Mm-hmm. May I ask what kind of business it is? |
| 2:51.0 | We're in that jewelry business. |
| 2:55.0 | Okay. |
| 2:58.0 | How much of it is the guilt of your sense of obligation to the family? |
| 3:05.0 | 30%. |
| 3:13.0 | And what's the rest of it? |
... |
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