Perhaps his friends and family were just being reasonable? Leaving banking to start a coffee shop is a drastic, risky move. Passion doesn't pay the bills or fund retirement and I'd legitimately wonder if someone was having a mental health crisis if they told me that was their plan.
> Passion doesn't pay the bills or fund retirement and I'd legitimately wonder if someone was having a mental health crisis if they told me that was their plan
What's the point of working in finance if you don't make enough money to quit and try something new for a couple of years? You make it sound like his job only pays a little more than flipping burgers.
New coffeshop owner most likely pays less than flipping burgers. I'd imagine for the first three years at least, it's going to be a loss, especially on a cash flow basis. If the business can survive long enough, it might work out.
OTOH, if it fails, you just go back to banking, right? No big deal; hopefully you had fun.
