LJ
Posts: 16,351
May 20, 2010 11:33am
the market sucks so bad and oil well production declines over time. Not being able to get new loans for the past 16 months has destroyed me, having to use cash for everything while my incomes are declining. It has finally come to the point where I am going to pay off all my loans with my cash and shut down shop. I will still have residual income, but only about $1900/month (I have to sell a few interests to pay off the loans) the income of $26,000/month isn't enough to pay overhead of about $32,000/month. So, I guess I am throwing myself at the mercy of this shitty ass job market. honestly I am just posting here to get some support. this isn't an easy decision nor am I very hopeful for te future. Thanks.
Trueblue23
Posts: 7,463
May 20, 2010 12:36pm
I feel your pain man. I was out of work for a while too.. just keep your head up buddy, things always have to get worse before they can get better.
F
fan_from_texas
Posts: 2,693
May 20, 2010 12:50pm
Sorry to hear this, but best of luck. Things have a way of shaking out in the future. Keep working hard, and good things will (eventually) come your way.
ptown_trojans_1
Posts: 7,632
May 20, 2010 1:06pm
Man, that sucks. Best of luck LJ, I'm sure you'll land somewhere.
wes_mantooth
Posts: 17,977
May 20, 2010 3:07pm
That does suck...hopefully it turns around for ya.
LJ
Posts: 16,351
May 20, 2010 3:14pm
I'm doing 2 things I swore I would never do. I am applying for jobs with the Fed Government and The Evil Empire (Chase Bank).
Being Self Employed doesn't really help your Resume, even though I would perform functions that of a Financial Analyst 3, it's hard for me to be considered for a Financial Analyst 1 position.
Being Self Employed doesn't really help your Resume, even though I would perform functions that of a Financial Analyst 3, it's hard for me to be considered for a Financial Analyst 1 position.
LJ
Posts: 16,351
May 20, 2010 6:36pm
Well, I am done moved out of my office and my home office will be my battle command for the time being. Battle Station Blacklick
Fab1b
Posts: 12,949
May 20, 2010 6:43pm
Sorry to hear this, good luck to you my friend!
Heretic
Posts: 18,820
May 20, 2010 6:50pm
Best of luck to you, man.
LJ
Posts: 16,351
May 20, 2010 6:52pm
Pretty shitty when 1 year you bank a ton of money and pay yourself $100k+, the next year you burn up all your cash on a well that the idiot drillers implode, while paying yourself $40k, to going out of business the next. Times were different when I took off from DFAS and decided to do oil full time. "you want a loan secured by an oil project? SURE no problem!!"Fab1b wrote: Sorry to hear this, good luck to you my friend!
They wanted me to put my paid off house up for collateral on a loan for 1 more project, but I decided that a roof over my head is more important. I have a car and a house, I can get by working at wal mart if I had to with those.
Heretic
Posts: 18,820
May 20, 2010 11:28pm
Good attitude to have. Make sure the important things are nailed down and then do what it takes to get by. If you have what matters, it's a fuck of a lot easier to endure the time until things get better.
Fab1b
Posts: 12,949
May 24, 2010 10:54am
Take care of you and yours first my friend things will turn around!
LJ
Posts: 16,351
May 24, 2010 12:42pm
Luckily my gf accepted a really good paying job just this morning, so we ain't gonna go broke, lol, but the job search is not fun. I have applied for I want to say at least 40 jobs since last Thursday. So far I have heard from 1 application, and it happens to be one of those sales scams where they have you door to door gift cards and stuff, but, I haven't interviewed for a job in so long, I am going to go to the interview anyways just to brush up on my interview skills.
F
fan_from_texas
Posts: 2,693
May 24, 2010 2:41pm
That's probably wise. Send out lots of resumes, network with your contacts, see what you can do. Doors will open.
Are you open to relocating? What sort of job do you want to find?
Are you open to relocating? What sort of job do you want to find?
LJ
Posts: 16,351
May 24, 2010 2:44pm
own a house outright so no relocation, but i can work anywhere in Lancaster, newark, zanesville or columbus. Looking for a business to business sales or a financial analyst job. Interviewing for a Financial Advisor position on Thursday, but I am not sure I want to sell insurance.fan_from_texas wrote: That's probably wise. Send out lots of resumes, network with your contacts, see what you can do. Doors will open.
Are you open to relocating? What sort of job do you want to find?
GoChiefs
Posts: 16,754
May 24, 2010 3:09pm
Best of luck LJ. Remember..shits tough right now. Get in where ever you can if you know what I mean. I looked for almost a year and nothing came up..so I said screw it and went back to school..of course..finished school..THEN my job decided they wanted to bring me back to work! Bastards! I wouldn't have wasted my time going to school!!!
LJ
Posts: 16,351
May 24, 2010 3:19pm
yeah, getting my MBA is an option.
LJ
Posts: 16,351
May 24, 2010 3:53pm
non-profit accounting interview friday. I won't be posting every interview I get, but i feel the first few are crucial in getting my interview skills back into shape as well as giving me confidence that places are at least willing to interview
GoChiefs
Posts: 16,754
May 24, 2010 5:24pm
Show 'em your junk. You're sure to get the job then. Based on pity alone.
LJ
Posts: 16,351
Jun 3, 2010 12:42am
personality profiling questionnaires make me wanna blow my brains clean out
zambrown
Posts: 1,093
Jun 3, 2010 9:15am
Sorry to hear of your troubles, LJ, but I'm sure the right thing will come along soon. Having a paid off house and a car certainly help to take some of the pressure off. I'll keep you in my thoughts and hope that something great opens up for you.
Heretic
Posts: 18,820
Jun 3, 2010 12:17pm
LJ;377610 wrote:personality profiling questionnaires make me wanna blow my brains clean out
Potential employers NEED to know if you're Team Jacob or Team Edward, dude.
LJ
Posts: 16,351
Jun 22, 2010 9:12pm
Job interview at chase tomorrow, tomorrow is gonna suck
10am job interview
after that- job fair across town
after that- picking up tux for friends wedding friday
after that- picking up engagement ring from jeweler
after that- picking up my truck from the mechanic.
FML
10am job interview
after that- job fair across town
after that- picking up tux for friends wedding friday
after that- picking up engagement ring from jeweler
after that- picking up my truck from the mechanic.
FML
LJ
Posts: 16,351
Jun 23, 2010 12:59pm
Got the job at Chase. I start July 8th, so I won't be on much during the day after that
Fab1b
Posts: 12,949
Jun 23, 2010 3:43pm
congrats