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Is it time to change careers? Vanity

Posted on 08/05/2013 11:46:55 AM PDT by vwbug

I have worked as an Electronics Engineer for the last 30 years and have been unemployed for the last 6 months. Job prospects are not what they used to be where, I could put out my resume and have an offer in 2 - 4 weeks. This has got me to thinking of a change in careers before the savings run out.


TOPICS: Business/Economy; Chit/Chat
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What my thought is to find something in that I could invest 4K and make a 15% return. By doing this on a weekly basis I could live well indefinately. I'm 54 and live in New Hampshire. Any thoughts, comments will be appreciated.
1 posted on 08/05/2013 11:46:55 AM PDT by vwbug
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To: vwbug

Get a job with the IRS. You get bonuses for stealing other peoples money after you break their chops and you can never be fired.


2 posted on 08/05/2013 11:49:17 AM PDT by GrandJediMasterYoda (Someday our schools will teach the difference between "lose" and "loose")
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To: vwbug

Maybe TacoCopter?

http://www.freerepublic.com/focus/f-chat/3051380/posts


3 posted on 08/05/2013 11:52:35 AM PDT by JennysCool (My hypocrisy goes only so far)
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To: vwbug

In the mid-70s I switched from E.E.-type jobs to computers but I am afraid that it is too late to do that for you. Home computers are on the way out.


4 posted on 08/05/2013 11:54:00 AM PDT by spel_grammer_an_punct_polise (Learn three chords and you, too, can be a Rock Star!)
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To: vwbug

Look for a contract job. There are always engineering openings. It took me 6 months to find a new job last time, a year ago. That is a fairly normal time frame.


5 posted on 08/05/2013 11:54:04 AM PDT by TalonDJ
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To: vwbug

If you are able to move, there are jobs out there.
It is strange how the NE generates a sizeable amount of engineers and yet companies who use them setup shop elsewhere.


6 posted on 08/05/2013 11:54:07 AM PDT by Zathras
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To: vwbug

How about a related trade: I and C technician, elevator maintenance? Are you open for relocation?

Stay in related fields. I went through 11 months in 2002, but eventually got back in (IT) and am doing better than ever.


7 posted on 08/05/2013 11:54:39 AM PDT by cicero2k
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To: vwbug
What my thought is to find something in that I could invest 4K and make a 15% return. By doing this on a weekly basis I could live well indefinately.

You think you're going to be able to consistently make a 15% return on a weekly basis for the next decade? Sign me up when you find that investment, and I'll give you a third of my 15% earnings as a finders fee!

How to become a millionaire:
Step One: Get a million dollars.

8 posted on 08/05/2013 11:55:14 AM PDT by Alex Murphy ("Thus, my opponent's argument falls.")
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To: vwbug
It's probably time for a change. I hate to say it, but it's likely age discrimination, combined with off-shoring and out-sourcing.

I don't know if it's an option for you, but you might consider a small business venture. There's risk (and potentially a lot of it), but it's not something that can be outsourced.

9 posted on 08/05/2013 11:56:01 AM PDT by justlurking (tagline removed, as demanded by Admin Moderator)
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To: JennysCool
Maybe TacoCopter? http://www.freerepublic.com/focus/f-chat/3051380/posts

Aw, the thread got pulled! And here I was, looking forward to getting a free TacoCopter with my next order of tacos!

10 posted on 08/05/2013 11:57:45 AM PDT by Alex Murphy ("Thus, my opponent's argument falls.")
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To: vwbug

Quite honestly, I think you’re on the right track in that you have to consider every option. You’re at a tough age where a lot of young kids are in charge and you may seem like “the old guy” even though you are not. That’s in addition to a lot of work either not being there or being done overseas primarily as is the case with e-eing.

Have you considered changing locations?

Do not lose heart. Consider yourself fortunate that you have savings to rely on. And don’t worry about using government services to help you through. You’ve earned them at this point.

Best of luck. Prayers.


11 posted on 08/05/2013 11:59:26 AM PDT by Obadiah (Inside of every Liberal beats the heart of a fascist yearning to reveal their true nature.)
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To: vwbug

Good luck, fellow Freeper. When I was younger my dad lost his job when he was around the same age as you. I know how extremely difficult it can be for someone in your age range to get hired. Seems like mosr companies would rather go with a young buck they could hire for a lower salary.


12 posted on 08/05/2013 11:59:36 AM PDT by NotYourAverageDhimmi
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To: vwbug

If you can take electronics engineering to control system engineering, there is a lot of demand in the oil/gas/petrochem industry. Not so much in New Hampshire.


13 posted on 08/05/2013 11:59:42 AM PDT by thackney (life is fragile, handle with prayer)
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To: GrandJediMasterYoda
Get a job with the IRS.

They won't hire anyone who is 54 years old.

14 posted on 08/05/2013 12:03:12 PM PDT by Bloody Sam Roberts (So Obama "inherited" a mess? Firemen "inherit" messes too. Ever see one put gasoline on it?)
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To: vwbug

Just being honest and not hurtful....it’s most likely the 30 years thing that is hurting you.

Though technically illegal, age discrimination is rampant and widespread in the job market. Some potential points of pushback:

-”Oh, he’s almost retirement age. He’ll probably just retire in a couple of years. We don’t really want to have to do this search over again, do we?”

-”How many years? What, this guy works with vacuum tubes?”

-In this field your manager will likely be around 40 and intimidated by having someone much more experienced around, and/or threatened or afraid that you won’t follow his direction.

If you can get in front of someone I’d really push the fact that you are up-to-date on the latest technology, can be flexible and take direction from younger supervisors, and can commit to a certain number of years working there.


15 posted on 08/05/2013 12:10:34 PM PDT by Buckeye McFrog
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To: Alex Murphy

Dang it!


16 posted on 08/05/2013 12:16:32 PM PDT by JennysCool (My hypocrisy goes only so far)
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To: vwbug
If you're not in shape physically, better start working on that immediately. You're going to need the energy and you'' be amazed how it helps your attitude and ability to reason. Any investment that will return 15% will be risky, and you may lose your 4K nest egg. You might do it by betting against bonds, currencies and etc. but timing is impossible with this artificial market.

If you like to eat, keep cloths on your back and etc, I'd look at blue collar trades that fit in with your electronic skills as an interim source of income. Perhaps even sales, both retail and industrial if you have the personality for it. If you're creative, work on a new device in your spare time that you might patent and market later. Necessity is indeed the mother of invention.

Set goals, and assign your subconscious the task of figuring out how to accomplish them. Above all, don't forget to call on the Almighty when you're stumped.

Being successful, financially independent is much like a well designed circuit. Think of it that way. ;)

Finally there are a number of great informative books that will help get and keep you motivated to succeed.

Age is just a number - it's your abilities and drive that count.

Best wishes for success...

17 posted on 08/05/2013 12:16:38 PM PDT by Errant
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To: Alex Murphy
How to become a millionaire: Step One: Get a million dollars.

Or become a professional poker player. Then it becomes: Step 1: Start out with 10 million Step 2: Turn it into 1 million

18 posted on 08/05/2013 12:16:55 PM PDT by Usagi_yo
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To: thackney

Yep. North Dakota needs petroleum engineers like crazy right now.


19 posted on 08/05/2013 12:19:04 PM PDT by miliantnutcase
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To: vwbug

Here is my free advice. It’s worth every penny you paid for it.


20 posted on 08/05/2013 12:19:56 PM PDT by Revolting cat! (Bad things are wrong! Ice cream is delicious!)
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To: miliantnutcase

Petroleum Engineer is a lot harder to convert from Electronics.

But much of Control Systems IS electronics, depending on specializations.


21 posted on 08/05/2013 12:20:14 PM PDT by thackney (life is fragile, handle with prayer)
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To: vwbug

Learn to drive a truck and go have some fun.


22 posted on 08/05/2013 12:22:56 PM PDT by knarf (I say things that are true ... I have no proof ... but they're true)
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To: vwbug
I feel for you, mate. I was in somewhat the same boat not too many years ago, which became compounded when My disabilities became so severe no one would hire Me. Went from Engineer to Computer builder and troubleshooter, and now working on programming once again.

I am working on starting a small business with a small amount of starting capitol as founder and calling the shots. Heck, who am I kidding? A TINY amount of start-up capitol. Lots of obstacles so far but what the 'ell, take a chance -what have you (I) got to lose?

23 posted on 08/05/2013 12:25:14 PM PDT by Utilizer (Some days yer du vindshield, somedays yer der boog.)
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To: vwbug

(1) You could contact Colt, which is building a new factory in central Florida. Some employees from CT won’t make the move.

(2) You could start a business to prevent/minimize government spying on us using our own personal computers and cell phones.


24 posted on 08/05/2013 12:26:01 PM PDT by pfony1
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To: vwbug

(1) You could contact Colt, which is building a new factory in central Florida. Some employees from CT won’t make the move.

(2) You could start a business to prevent/minimize government spying on us using our own personal computers and cell phones.


25 posted on 08/05/2013 12:26:16 PM PDT by pfony1
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To: Bloody Sam Roberts

Probably because it’s more difficult to brainwash people at that age.


26 posted on 08/05/2013 12:34:30 PM PDT by GrandJediMasterYoda (Someday our schools will teach the difference between "lose" and "loose")
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To: knarf

There is good money in that, especially if you own your own rig. A friend of mine does and he loves it, but he gained weight like crazy.


27 posted on 08/05/2013 12:35:33 PM PDT by GrandJediMasterYoda (Someday our schools will teach the difference between "lose" and "loose")
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To: vwbug

I’d go two-track if I were you. Look for something immediate so you don’t burn through your savings (depending on your unemployment, etc.) and look for something in your established field. Six months isn’t that long for an experienced professional and especially one who maybe hadn’t anticipated how difficult or lengthy the search may be.

Meanwhile, no harm in thinking about possible alternative directions and how you might get there. If you could combine either that immediate job with a new direction you’d be interested in, that might be good. Or, if you can somehow leverage your engineering background for a new direction you might be interested in (e.g., does your state have a program for a latter career move into teaching math at a public school?), that could be good too.

Expecting to find something that returns a definite 15% is expecting an awful lot.

Good luck!


28 posted on 08/05/2013 12:39:04 PM PDT by 9YearLurker
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To: vwbug

You can always find work as an Obamacare guide or an Obamaphone agent.


29 posted on 08/05/2013 12:39:23 PM PDT by TADSLOS (The Event Horizon has come and gone. Buckle up and hang on.)
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To: vwbug

We are locked in a depression and have been. We live under a tyranny that lies to us more than they tell the truth. Americans do not even believe their latest terror warnings... lying and crying wolf forever will do that to one’s integrity and trust. I do not think that you will find a decent job today... unless you are a government employee at IRS, State or NSA/CIA... otherwise you will just get furloughed and lose pay.

LLS


30 posted on 08/05/2013 12:40:53 PM PDT by LibLieSlayer (FROM MY COLD, DEAD HANDS!)
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To: Utilizer; vwbug

The best way to start a business with very low capital investment is online retail. All you need is a computer (which you already have), about $50 for a domain, and a few bucks for your first products to sell (start small).


31 posted on 08/05/2013 12:44:09 PM PDT by expat2
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To: thackney

Yep, and they are putting satellite systems on pump jacks now at almost every location. Lots of electrical and electronic stuff in the oil patch now.


32 posted on 08/05/2013 12:45:12 PM PDT by biff (WAS)
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To: GrandJediMasterYoda

Ha! Good one.


33 posted on 08/05/2013 12:48:30 PM PDT by Bloody Sam Roberts (So Obama "inherited" a mess? Firemen "inherit" messes too. Ever see one put gasoline on it?)
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To: vwbug

Find a headhunter who specializes in placing people for contract work. A family member, who is an EE, has been working contract for the last 25-30 years. Every time a contract is over, he contacts his headhunter and usually has another job within 2-3 weeks. Of course, he’s flexible on location (and doesn’t have a family to uproot), but he’s had a lot of interesting jobs all over the country.

Failing that, come to Texas. The economy is doing quite well - considering the interference by the fedborg - so at least you will be in a state with no income tax and where people are still relatively independent (more so out here in the sticks than in the city).

Good luck!


34 posted on 08/05/2013 12:48:54 PM PDT by nanetteclaret (Unreconstructed Catholic Texan)
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To: GrandJediMasterYoda
owner/operators have a whole set of headaches a newbie does not want.

let a fleet push you around for a year and THEN throw your weight a little.

Here in the tri-state .. pa/wv/ohio area the gas wells are booming and dry bulk sand cans for fracking are making about 1600 a week.

You work for it and you have no life, but there's money to be made.

A single man or with with a stable marriage can do well.


I never went OTR so I can't comment on that except ... you get to see a lot of America

35 posted on 08/05/2013 12:52:36 PM PDT by knarf (I say things that are true ... I have no proof ... but they're true)
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To: vwbug

Hire a head hunter (agent) to find a job for you it’s worth the fee most don’t charge if they fail to find a job for you.


36 posted on 08/05/2013 12:55:01 PM PDT by Vaduz
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To: expat2
Thanks for the general suggestion, mate. I mean it. The immediate difficulty with that that I can see is that My specialties (pretty much like him) lie in the area of Electronics and Barebones computing, with some minor programming skills that I am brushing back up on.

I do not see attempting to offer computer or electronics parts as a profitable online venture as there are already several companies that do a fairly decent job at that. I should know; I shop with them quite a bit. I do have some personal designs and schematics that are not available in the common market, however given how specific areas are addressed by them I do not see too much demand for them, as well as the fact that as soon as I post My creations online the danger of some large corporation stealing them or a repeat of the Micr()shaft - and - Lotus123 example spring immediately to mind.

Then there is the need to incorporate in another state if I can find one that has much kinder regulations for small start-ups than California. Delaware, perhaps? Yes, I know, the "Relocate!" cries will abound, but with My disabilities and travel restrictions that is really not a viable option for now or for the foreseeable future.

37 posted on 08/05/2013 1:04:16 PM PDT by Utilizer (Some days yer du vindshield, somedays yer der boog.)
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To: vwbug

Design a GPS that can receive SMS messaging from the Cell phone systems, outline an advertising scheme where business can SMS message somebodies GPS in the area with special offers. Patent it and then sell it to google and give me 10%.

Digital movie distribution via USB thumb drives with built-in DRM technology. Instead of red box delivering a DVD, they download it directly to your USB drive. After a set period, the USB drive erases itself or otherwise makes the rental expire. Add high speed WI-FI to your car and you can develop a model of distribution from grocery stores that require no returns and your movies are downloaded directly from the store parking lot to your car while you shop or wait. Sell that to red box or net flix or google, then give me 10%.


38 posted on 08/05/2013 1:06:39 PM PDT by Usagi_yo
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To: vwbug
Hope this helps... *grin*


39 posted on 08/05/2013 1:14:38 PM PDT by Utilizer (Some days yer du vindshield, somedays yer der boog.)
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To: Buckeye McFrog; vwbug
it’s most likely the 30 years thing that is hurting you.

Well, it wouldn't hurt you with me, but I could see where it would with others.

Have you thought about leaving some of your earlier work off your resume? Maybe just expand on the last three jobs, or last 15 years, or whatever 'looks' the best?

Right this minute - at least in my area - the 'buzz' is about 'what projects have you completed'? As in, took from start to finish, finished ontime, under budget, etc etc etc. Which is hard for IT people, as so many projects are journeys, not destinations. And so much IT work is straightup support, with 'completion' not really a priority.

Good Luck.

40 posted on 08/05/2013 1:21:02 PM PDT by wbill
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To: Errant; vwbug
If you're not in shape physically, better start working on that immediately.

This. Good Advice, and easily accomplished.

At my previous employer, we had a guy come in for a programming position who was morbidly obese. Pleasant fellow, and competent, he just had a hand-to-mouth problem. Fortunately, I wasn't on the programming team, I just heard all this over the water cooler.

He came exceptionally highly recommended by a trusted member of senior management. That's the only reason he was hired, and he *still* had to go through a six-month 'probationary' period. I doubt that there would have been any question whatsoever, if he wasn't carrying an extra person's worth of weight.

41 posted on 08/05/2013 1:28:04 PM PDT by wbill
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To: Utilizer

You have some knowledge of programming and could quickly learn to use html and css and php to develop and run your website. There is no reason to confine yourself to computer parts, you can sell anything (e.g., jewelry, pens, GNC-type supplements, etc. Everything is ‘pretty well covered’ — you can’t let that stop you. If you can figure out how to get Google to put you on their first search page, that’s all you need.


42 posted on 08/05/2013 1:37:47 PM PDT by expat2
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To: vwbug

Be careful not to let your objectives limit you. That 4k, 15% thing is fine in the abstract but what you should be looking for is steady income.
In the old days, people who needed extra dough would “take in mending.” You can fix computers. Advertise. Put business cards everywhere, and brochures.
Then for regular employment, don’t laugh but retailers that sell electronics will happily hire an older person with your background. It won’t be the salary you’re used to but on the bright side, it’s income, and after you reach a certain age it will supplement your Social Security. Which by the way you can get at age 60, in some cases.
You might also look into teaching classes in what you know. On your own, or at a community college, or at a senior center.
Freelancing and part-time work give you flexibility and may well be better for you overall than an investment you have to tend anxiously all the time.
/my.02


43 posted on 08/05/2013 1:55:54 PM PDT by HomeAtLast
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To: GrandJediMasterYoda

The only way I made decent money driving a truck was by backing up the log book. That can’t be done anymore. You can drive 11 hours out of 24. That means you might get 500 miles a day. Plus there’ll be days you’ll be sitting and waiting on a load.

If you’ll notice there are any smaller trucks on the road anymore. Paperless logs put that part of the industry out of business.


44 posted on 08/05/2013 2:01:13 PM PDT by VerySadAmerican (If you vote for evil because you can't see evil, you ARE evil!)
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To: wbill; vwbug
I think many of us, after years in the same "job", neglect our physical condition.

Anytime you can take a bad break and turn it into something positive, it's a step that motivates you onward to even more accomplishment. Feeling good about yourself is a magnetic quality that others pickup on.

Many blue collar positions, unless supervision and etc., requirement more physical activity than engineering or white collar positions. In some ways, that can be beneficial both physically and mentally. Many of these positions pay well, compared to years past. Here, specialized maintenance personnel earn $35 and over per hour. That's 70K per year without any OT, and skilled blue collar worker positions are getting harder to fill.

Having electronics expertise is a lucky break for vwbug. Many new fields such as robotics, process controls, remotely controlled operations, and so forth are just beginning to proliferate in earnest.

Adapting electronic controls to real world applications is one of the top future fields to be engaged in. Some others are cutting edge medical, agriculture, and information security.

No doubt the economy is screwed through centralized control, social engineering, corruption and etc. But life still goes on and we have to find creative ways to adapt to the situation. It's called survival and it's something we've been lulled into a complacency about, at least those not reading FR. lol

Those who think the government will take care of them no matter what, will meet the same fate the millions who died last century met, I'm afraid.

45 posted on 08/05/2013 2:04:16 PM PDT by Errant
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To: VerySadAmerican

What do you mean, backing up the log? Driving more than 11 hours? I don’t know, I never drove, my friend does it. Reminds when I use to drive a taxi in New York city (when I was out of my mind) They would constantly give us tickets and the more tickets you got the more you had to work because if you didn’t pay them they would suspend your license and then you’d be unemployed.

So I would pull “double shifts” driving 24 hours straight, - everyone ends up doing that - sometimes 48 hours straight. That is until the city introduced having to type in your license number into the meter which then got transmitted to the Taxi and limosine commission which started recording the driving hours of all the drivers, and if you drove more than 12 hours in a 24 hour period, what do you get? A ticket!!! lol

That’s when I quit because I realized what the city does is steal the drivers money until that driver is out of business. They don’t care, they got every immigrant on earth looking to drive those things. Nice scam.


46 posted on 08/05/2013 2:49:31 PM PDT by GrandJediMasterYoda (Someday our schools will teach the difference between "lose" and "loose")
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To: GrandJediMasterYoda

I hauled expedited freight for almost one year. It was a 40’ Six Wheeler. Double tires in the back. If I sat somewhere for 24 hours that meant I had 13 hours to “play with”. So I’d drive for 11 hours then re-do my log book to show I had left 13 hours earlier. That meant it looked like I’d been sitting in that spot for 13 hours. Then I’d get back on the road and drive another 11 hours. I once drove 40 hours straight. I know that was stupid.

But doing it the way I did it I could bring in 10 to 12 grand a month at 72Cents a mile. Then the company got scared they were going to be audited so they started giving me runs I could legally make in 11 hours or less. Couldn’t make enough money so I quit.


47 posted on 08/05/2013 5:44:45 PM PDT by VerySadAmerican (If you vote for evil because you can't see evil, you ARE evil!)
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To: VerySadAmerican

Holy God, 11 -12k a MONTH!?? Oh maaan, I’m doing that! I know what you mean though, I use to drive those hours, it was nuts but I didn’t make nowhere as near as that much. I remember one time I was going over the 59th street bridge from Queens to Manhattan on about the 18th hour of a 24 hour shift and I reached the top of the bridge and this car was in front of me going going maybe 40 mph..Next thing I know this guy is shaking me. What happened was I instantly fell asleep and smashed into him going down the bridge and I never even realized it much less felt it. Just *pop* instantly went to sleep out of nowhere like a switch was shut off lol Oh yeah then i use to fall asleep when I had passengers and they use to scream at me and run out. That was freakin’ nuts thank God I didn’t kill anyone or myself. I use to eat these ephedrine pills like candy, I forget the name of them. They were diet pills with ephedrine when ephedrine use to be legal over the counter.


48 posted on 08/05/2013 6:05:24 PM PDT by GrandJediMasterYoda (Someday our schools will teach the difference between "lose" and "loose")
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To: vwbug

In spite of Obama’s policies there is some manufacturing going on. I know, I’m a small manufacturer that just now signed some big contracts. But I am not hiring anyone and I can’t really find anyone anyway. Aircraft companies always need good EEs and in my shop I see people that need motion control and automation control EEs. I think you will see a lot of shops like mine invest in robots rather than employees with Obamacare. And as suggestion you may just have to move or at least be willing to travel. There are a lot of opportunities out there with temp agencies. I did the contract scene for many years while I built up my savings. Good luck.


49 posted on 08/06/2013 12:56:44 AM PDT by Organic Panic
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To: spel_grammer_an_punct_polise

Been there. Done that and have the t shirt. Best advice. Searchable resume on dice and a good resume on linkedin. This is where I got myast two jobs.


50 posted on 08/06/2013 2:33:15 PM PDT by fremont_steve
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