Need advice - Walked away from my toxic corporate job- Looking for start up options
I (M43) recently resigned from a major consulting company after spending 13 years there, growing from junior to senior associate level. The team I was in became super toxic to the level that it pushed people beyond what they could offer and started micromanaging to levels of digging into personal life and using it to target people at meetings and in resource allocations. That’s the short story of why I left without having a job lined up.
Given I have been in NZ and lately in Melbourne, I have created client connections, so I am thinking of starting a company solo first to provide services to them. How is that going to work in this market?
I am a geotechnical professional and have worked in a couple of big consulting companies (the biggest ones in my profession — North American ones).
Given I left my job and am going to eat into my savings, how can this startup be structured? We are a couple with a 5-year-old kid, and my wife earns reasonably well to cover expenses for now.
On the expenses side for startups, what are we to expect? Accounting fees, insurance, etc.? Has anyone tried this here ( or knew someone who did this) in the Melbourne market? Any advice?