Hi Peter,

I am not in a position to give any meaningful business advice. However
it sounds to me like you are wanting to make steps towards a better
lifestyle. You seem like someone who values their work life. It comes
down to whether you are looking for a lifestyle business, more risky,
that might never succeed, but probably having some fun along the way,
or slog it out and probably cash in at some point and then retire,
that might be a few years, or never. It would come down to whether you
think it's a financial decision or a career change is really necessary
in order to keep your sanity.

You can get all the advice in the world but nobody knows what you
want. Remember the grass always seems greener on the other side.
Probably wise to take a break but maybe it's best to really do nothing
for a while and really make your mind up. And if you do get some
ideas, run with them.

Best regards,
Vincent


On Oct 24, 7:23 pm, pa2009 <[email protected]> wrote:
> I am a founder of a software company that has been around for over 10
> years and have come to the stage where I am pretty burnt out and am
> looking at a new opportunity .. I have spent pretty much my whole
> working life at my company and am not sure whether I really want to
> move on or I should just do something else and re-evaluate in 6
> months.
>
> The company is now quite large and is public (unlisted) .. but I have
> never made any money from the business other than my salary so I can't
> really afford to just walk away right now with a family .. plus I
> would lose considerable options.
>
> So ... I am considering taking 6 months to work on a new opportunity
> but will have my position (CTO) kept open for a period.  My employment
> contract has the usual clauses about projects I work on outside work
> and there is a very slight potential overlap with one project we are
> working on.
>
> I have spoken to the CEO and we have agreed in principle to doing
> something like this .. and I need to put together a document to cover
> my interest in the new venture. I also already have a domain name in
> my own name to be used for the project.
>
> Does anyone have any advice on such a situation or has anyone done
> something similar?  Also, can anyone recommend a good lawyer with
> startup\software knowledge that could help me out? Preferably in
> Brisbane but not a problem if not.
>
> Can a good legal document cover me in this case or am I better to
> leave the company for peace of mind for the future?
>
> Thanks for any advice.
> Peter.

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