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If you are switching jobs:
"I'm leaving behind the business" is a phrase that will require a lot of courage. When pronounced at the wrong time or in the wrong manner, it can have a very negative effect on your profession. You may get a working job present with another company where the pay out is higher, but you are still uncertain if that work environment will be better then the current one. After all, it is not all about the money. What if you change your mind later? After all, this is not an easy decision. Needless to say your boss can absolve you and consider you back, but it isn't guaranteed.
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