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Decision Making Experience

In: Business and Management

Submitted By zartigas
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My Decision Making Experience
University of Phoenix

MGT/230
January 30, 2013

DECISION MAKING EXPERIENCE 2
My Decision Making Experience
There came a time in my life where I wanted to get married and have children. So I did. Here is where this story begins. I met my now ex-husband 15 years ago, he was studying to become a nurse and I worked as a supervisor of a State Farm Agency. We get married and decided to start a family. While I was pregnancy with our baby girl, Izabella, thoughts came over us, as to what we had to do for me to be able to work from home and not be tied down to a 9-5 job, having time to spend with our baby girl. Our decision making process began; “Lets open our own business”, said my Ex-husband. He was already a graduate Registered Nurse working for a high end hospital here in Miami, FL.
First we analyzed the situation, did I want to leave my stable job and invest all of our saved money into this business? However to us it was worth that and more, for me to have the opportunity to work from home and spend quality time with my baby girl.
Second, we analyzed our options; we both had a background in the health care industry as well as friends and connection in several hospitals around town. We also had my mother in law at the time, which previously had an Assisted Living facility and knew the business well. We then decided it was time to open an Assisted Living Facility for the elderly.
Lastly, we started searching for this kind of facility to purchase. Luckily, we had a dear friend of ours that at the time had a friend, who was selling their ALF (Assisted Living Facility). We came in, made a deal, and bought the facility. A lot of decisions made, led us this great business endeavor, which we took on with love and desire.

DECISION MAKING EXPERIENCE 3
To make a long story short, we ran this business for about 5 years and at the...

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