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Old 06-06-2017, 04:14 PM
 
1,279 posts, read 1,829,322 times
Reputation: 1710

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Background. I'm a tech lead/mgr, six figure salary, etc.

I would like to get into a more executive level role. At work, I "hang" with the executives. I'm one of the people in their inner circle, lunches, after hours, you name it.

But my work resume doesn't reflect the experience with these people at the exec level because my title is a lower level manager title, despite the fact that thanks to these execs, I actually outrank MY manager. I don't report to him, only on paper. It's complicated...

Alas, I DO run a business that I make 260K a year from. It's a real estate business, but it shows business skills. I am the CEO/Owner/Operator of this business. I could easily demonstrate how I create value at an executive level with this on my resume, despite it not being directly related to my primary job (technology).

So should I include it or no?

In line with that, would it be bad to include stuff like this in a cover letter, to show how I built a 260K a year profit business (profit, after all expenses...) in a few years with me being the owner driving everything? Would it be bad to say I'm a millionaire??

I ask because I imagine the $15 an hour recruiters who see this are more jealous than in awe at my skills.
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Old 06-06-2017, 04:23 PM
 
13,011 posts, read 13,002,641 times
Reputation: 21913
Could go either way. Some people will see it as proof of your ability, others will see it as a possible distraction from the job they are advertising. I don't see a definitive answer.
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Old 06-06-2017, 09:21 PM
 
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
44,346 posts, read 80,658,912 times
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Quote:
Originally Posted by fishbrains View Post
Could go either way. Some people will see it as proof of your ability, others will see it as a possible distraction from the job they are advertising. I don't see a definitive answer.
Correct. I listed my business of 16 years on my resume because it was related, and also there would have been a huge gap. My potential employer (I did get the job) only required that I lose any customers that were potential conflicts of interest, and there were some. They didn't care if I kept the business while working, as long as it didn't interfere. As it turned out I don't need the money after two good promotions so now I just keep a few good customers that I handle on the side, working a few weekends a year for extra vacation money.
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Old 06-07-2017, 12:06 AM
 
10 posts, read 13,223 times
Reputation: 35
Yeah it's a win/lose situation. Why apply for a job if you're already stable with your own business? Maybe you'd be better to invest in something else with your spare income?
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Old 06-07-2017, 11:12 AM
 
1,279 posts, read 1,829,322 times
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Quote:
Originally Posted by johnboy1234 View Post
Yeah it's a win/lose situation. Why apply for a job if you're already stable with your own business? Maybe you'd be better to invest in something else with your spare income?
Because I make well into six figures and my business is part time. I won't gain significant profit by adding more hours to my business currently. I have to have W2 income to keep growing the business, which adds a few more hours of time to it, but there is a huge opportunity cost quitting W2 work because I won't have that steady stream of income and I will not be able to invest as easily to scale in my business without said W2 income. The opportunity cost of quitting W2 income is beyond just the lost W2 income, which by itself is significant, but also presents an opportunity cost in that I will not be able to scale my business without said income, so I would lose future profits from my business expansion.

Yes, I could call it good now and walk away as a millionaire, make 260K a year and become a multi millionaire in a few years, but people who achieve these types of things don't just give up so soon. I have a drive that is far higher than average.
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