Quote:
Originally Posted by Stephen
I really don't think he bought it for his own fun and enjoyment.
Also if he rarely gets involved in daily business now but rather sits back and watches the money roll in. Why on earth would he start running about after he retires going to the office??
Doesn't make sense at all.
Personally I think he bought the business for the same reason he buys other businesses and that is to make a lot of money, so he has a nice nest egg for after he retires.
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He bought risky businesses, but "doesn't care" because he "loves the financial investment and personal activity side" suggests otherwise to me.
My comments about him building up a business that he enjoys in the very place that he intends to retire suggests to me that he
may take an inappropriate interest in the day to day running of that part of the business.
I have experience of Directors who retire, suddenly end up with a lot of time on their hands, feel useless and start to try and interfere. This can even happen when the business is passed onto a son or daughter- or even sold out of the family altogether!
To an extent I suppose it's unavoidable, especially if it's a business that they have nurtured and grown and they believe that what's been done or proposed is harmful to the business.
I guess something along the lines of the saying that 'teachers never really retire, they just grow older' comes into the equation too.