I know there are a number of business owners here and wanted to get some opinions on a situation that I am facing. I lost my job unexpectedly earlier this year and have been looking for an other opportunity. Unfortunately, I work at the executive level in the manifacturing field and there just aren't a lot of jobs available at that end of the spectrum. A previous customer of mine would like to back me in a business venture and we may have found a suitable business that is for sale. I have enough capital to invest to a reasonable percentage, but could get to the 50% mark if I sold my '67 Z-28's. I am confident that I can make a success of this business and am leaning towards investing as much as possible without leaving us totally devoid of cash or mortgaging the house etc.
So for those of you who may have been in this position before...what did/would you do? Thanks in advance to those who share their thoughts