Hey, great for you! And I'm sure you're fair with your employees as well. But that was 25 years ago- things have changed and the job market is tougher; a lot of people have a lot less hope for their prospects in careers. Tough to write your own ticket when you're handed a pen that's out of ink.
With all do respect Sir I implore you to reconsider your perspective within the context that your experience regarding "working up the ladder" is from 1988, 28 years ago.
The type of opportunity you're describing, while certainly a part of the American history I'm most proud of, is simply not modern reality. Managerial positions and the ability to "move up" have been drastically reducing since the 80's and 90's. In addition real wages have gone down, and your experience is a perfect example.
Your $38,000 manager position in 1988 equates to $77,000 in 2016. Today Guitar Center managers make around $50,000. Bike store managers certainly make less.
Source:
Calculate the value of $38000 in 1988 - Inflation on 38000 dollars - DollarTimes.com
You don't need to tell me thing are tougher now. There were plenty of ups and downs for me, and there continue to be. Not wanting to write out my life story here, I wanted to give a high level view of my situation.
But, since you seem to think it was all rainbows and unicorns for me since it all happened so long ago, I'll fill in the details.
The course I took meant I shelved the idea of being an AE, as that was about as lucrative as being a musician........long odds of success. So, good by dream.
I'll also add that my "leaving telecoms" was due to the fact that I was laid off. This happened, by the way, after I was married, had a mortgage, and two children.
I then spent two years in the wilderness, trying to leverage my background and connections to get another job, to no avail.
So after going nearly broke, I looked at my situation and said, I'll need to make it on my own, I'll get into Real Estate.
While that has worked out for me, it's a long road to build an income. I made $12,000 my first year, for example. That's before expenses.......
In an effort to stay afloat during the unemployment and the beginning of my real estate business, I blew through all of my 401K and eventually racked up $100k in credit card debt. Never paid a single bill late though, not my mortgage, utilities, or the credit card bills.
So please, go on about how easy my road has been.
You'll forgive me if I tell you to eff off.