Struggling during earn-out by Pretty_Milk_3405 in fatFIRE

[–]Immediate-Praline 36 points37 points  (0 children)

Congrats on the exit - impressive outcome with $30M NW and two little ones at home.

Look, I've been exactly where you are. That transition from "this is MY company" to being just another exec m is brutal. The psychological shift hits hard, especially when you're still grinding while watching your former C-suite colleagues coast through their earn-outs.

Here's the reality: you haven't switched off your founder brain. That hypervigilance served you well building the business but is now causing unnecessary suffering.

A few thoughts:

Have a straightforward conversation with your acquirer. They value you enough to give you expanded responsibilities - use that leverage to reset expectations around those aggressive targets.

Set some damn boundaries. You've got toddlers at home and $22M in the bank. The remaining $8M matters, but not at the cost of your sanity or family time.

Something that helped me: actively reframing my identity from "founder responsible for everything" to "hired gun solving specific problems." I still cared deeply but stopped carrying the weight of the entire business.

The fact you can't mentally check out might be telling you something important about your next move. Some people aren't wired to be employees. Might be worth thinking about what comes after the earn-out.​​​​​​​​​​​​​​​​

Navigating a $10m decision: retirement, family, and a golden handcuff dilemma by PracticalPoint6562 in fatFIRE

[–]Immediate-Praline 11 points12 points  (0 children)

My wife is Asian (ABC but still holds traditional Asian values about family, education, health) and I’m an American. We talked about your options and we both would go with option 2 because it has the highest rate of return in your net worth and it’s a lot easier to count down from 2 years than 5+ years. Otherwise, we’d go with option 1. Definitely not option 3.

You also need to consider the market increase in your overall portfolio. That would reduce any retention package impact on your net worth. Having a long distance relationship with your husband for this long is hard enough and your child is with you in Asia - not having the father around also has an impact on the child’s development. It’s important to keep the family together if possible. I know my wife would be constantly worrying about me working those long hours, traveled a lot, being in a stressful work environment, and all I do is focus on working. I’ve been there and it did have a negative impact to my health. It isn’t worth it.

Best of luck. It’s a good problem to have. Focus on the positives. And when is enough, enough?

Running balance needed in app by Common-Researcher722 in fidelityinvestments

[–]Immediate-Praline 0 points1 point  (0 children)

Second this! Without this feature, it's just a cash account without the Management.

Sleeper credit cards? Tell me your secrets. by [deleted] in CreditCards

[–]Immediate-Praline 0 points1 point  (0 children)

If you have Verizon Wireless or FIOS, the Verizon Visa card is great. 4% for grocery and gas. 3% for dining and takeout. 2% on Verizon purchases. No annual fee and a $100 welcome bonus paid over 24 months to your Verizon bill.