I absolutely agree with you both; I've actually thought of beginning a family owned business as this would be one of the "pros."
Of course, the con is that you could go broke, as most new busnisses fail.
And, as I've dithered about making lists of pros and cons, my eldest kid is almost 16 (in May).......and I'm pushing him toward joining the Reserves in May 2011.![]()
how old are the other kids? the family owned thing is probably too late for the 16 year old though honestly. reserves is a good choice for income (and free tutition), but your son must be very dedicated if he is planning on doing college at the same time. even just oen weekend away a month can really mess up a semester if you are a full time student. partying/frat boy/etc isn't going to work, the week days are going to have to be fulltime school attention.
I know a few people who did school with me while they were in the reserves and they were insanely dedicated to both to get by. one was so into that he served a year in iraq, had to rebuild his own home after katrina, and still doubled majored in math and computer science at the same time and graduated in in 6 1/2 years.