He’s ‘In A State Of Disbelief And Horror,’ As His ‘Boomer Parents’ Want To Launch An IT Business Without Knowing What They’re Doing
A 23-year-old student says he’s “in a state of disbelief and horror” after learning that his parents want to open an IT consulting firm despite having no experience in the field and only $300 to their name.
“My boomer parents want to open business again and it’s scary,” the young man said in a Reddit thread recently, saying that his 73-year-old father and 50-year-old mother are pushing ahead with plans to open a business again, even though they already went bankrupt running a supermarket. “At first, I thought it was just a weird whim of my mom… but now, when even my dad supports her, I am starting to feel that they are dead serious,” he wrote.
Don’t Miss:
The poster fears they may try to involve him and his brother in legally establishing the company. “I think they will try to force me and my brother to sign all the documents to open the firm,” he added.
Reddit commenters overwhelmingly advised him to protect himself. “Don’t sign. Simple as that,” one person wrote, while another warned, “Lock down your credit and don’t sign anything. Your brother should do the same.”
Many encouraged the poster to freeze his credit with all three major bureaus to prevent any unauthorized activity. Others shared their own stories of parents who ruined their credit or committed fraud using their children’s Social Security numbers.
“It will be viewed as YOU doing it no matter what you say,” one commenter warned, while another added that “parents have been known to forge signatures of their kids.”
Trending: Motley Fool’s analysts have built a new lineup of passive ETFs — explore which “Foolish” strategy fits your investment goals.
Making matters worse, the parents reportedly have no IT experience or a clear business model. The father, according to the son, simply wants to be a CEO, while the mother has been using AI to help name the company. The first result? Less than ideal.
“She said to AI name a company, by using two words: Business and Analytic,” the son said.
Redditors ridiculed the idea of launching an IT firm with no expertise. “If you literally don’t know what you are doing, you are 100% going to fail,” one tech professional said.
Another pointed out that today’s IT landscape is competitive, saturated with recently laid-off professionals who actually know what they’re doing. “Your parents are 35 years too late to start an IT business,” one commenter wrote. “Mostly because the heyday of IT has passed but also because of their ages, IT consulting is a 24/7 lifestyle.”