So here’s the deal: My dad was laid off from an oil company job a couple years ago, partly as a result of the 2014 oil market crash and partly because of his being nearly 70. With his connections, he was able to throw out his shingle for a tiny ‘consulting’ firm.
TLDR, said firm has 1 client and just 1 person working there, me. I had graduated one of those ‘affiliated’ state schools (like UT:Tyler or UH:Downtown) that carry the name but are actually a totally separate school, and had a tough time finding a job.
Basically I work from a second house he inherited, and I don’t pay rent. Due to only having one client and the poor state of the oil industry, the ‘firm’ has only pulled in about 90k in revenue in 2 years. I’ve been paid about half of it. In 2 years, I’ve maybe done 6-8 months of actual work.
Well, I’ve been taking OMSCS courses online (that’s the Master’s program they offer from Georgia Tech), and I went to an online job fair and was offered an internship at a major software firm in a different city. It only pays $25 an hour, but when I do work for my dad as a consultant (he pays me as a 1099), I only make $32.5, so it’s comparable.
More importantly, this puts me in the running for a full time position there, and they told me verbally that was the case. Certainly they aren’t going to make their money back doing whatever they have interns do for 3 months. Full time workers report salaries where 72k is the bottom end of the scale on Glassdoor for a similar position.
So, it comes out to this :
My arguments :
I have a decent shot of getting a full time offer, and if it’s remotely close to the median salary for my years of experience + job title, that’s ~72k. I’d need to be paid $90k a year as a 1099 employee to be comparable.
I can finish up any outstanding projects before I leave for the internship and do some code cleanup on weekends.
My parent can rent the house I would no longer be living in to someone else for $1500 a month.
In reality I’m making $20k/year at the moment for my folks and it’s probably costing them most of that in various expenses. The oil industry is only slightly picking up so this is not going to change anytime soon.
My dad is not senile or even mentally degraded much, he's fully capable of doing
some of what I was doing for him.
The oil industry is highly cyclical and may in fact be doomed long term, Trump's
election notwithstanding. The new industry is in a growing one.
Yes, my folks are giving me a free house to live in, but it's not "worth" the annual
rent to me added to my salary because I could live in an apartment with
roommates for 40% of that.
My Parent’s arguments :
It's bad to be a "wage slave" working for a major firm.
The major firm would bust me back to much simpler work than I am currently
doing.
If I leave for this new job, it's over 1000 miles away and I won't see them much.
When our one client finds out, they might be mad.
I owe them for helping me out in a jam. (this is absolutely true)
Naturally, after I accepted the internship, our one client is talking about all kinds of
possible future work.
I'm making a bad decision, and shouldn't listen to anything I read on the internet,
this is going to be a disaster like well meaning decisions I made in the past.
My parents don't want to throw away or store any of the family possessions
stashed in this house, so they won't be renting it to anyone else, therefore it's all
my fault and my dad claims he might just die from the stress of having to take
care of a second house.
Anyways, I dunno how to sort all this out. Yeah, this is why you don’t do business with family, but at the time I didn’t have any better options. I feel like shit after getting yelled at, and it’s absolutely true that I owe them massively for helping me.