5 ways to escape middle-management hell

Tired of responsibility without rewards? The best way to get out is to strike out on your own.

1. Piggyback on your current job
1. Piggyback on your current job
Chuck Sacco
Chuck Sacco had five kids at home, which isn't a good thing when you'd like to quit your job and start a business. So Sacco negotiated a severance package with his employer -- and a monthly consulting contract -- and co-founded PhindMe Mobile in 2007. "I was probably working 100 hours a week," says Sacco. It paid off. His startup merged with Movitas, a Bryn Mawr, Pa., tech firm, in 2009, and the company attracted $3 million in angel funding in 2010.

By Verne Harnish, contributor @FortuneMagazine - Last updated February 21 2012: 5:36 AM ET
Join the Conversation
Most Popular

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.