She Gave Up Her Dream to Stay Home With Her Kids. Now, Her Second Act Brings In $1M a Year: 'This Is My Favorite Part'
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She Gave Up Her Dream to Stay Home With Her Kids. Now, Her Second Act Brings In $1M a Year: 'This Is My Favorite Part'
"For years, Lorraine Pater had her eyes on the prize - making partner at KPMG, one of the Big Four accounting firms. She had interned at the company for two summers in college and joined its ranks of auditors right after graduating. She recalls spending one New Year's Eve doing an inventory audit of diamonds - counting them, measuring them and looking at their color and clarity to ensure they passed inspection."
"Her main task was auditing a bank's quarterly financials for her first two years on the job. Lorraine says that she "loved" her job, but was at a crossroads after she had her first child, her daughter Brooke. She was about to get back to work after a five-week maternity leave, and was having an anniversary dinner with her husband, Todd Pater, when he asked her a difficult question: "Are you excited about going back to work next week?""
""I started crying," she recalls. "I was like, 'I don't know if I want to go back. I think I want to stay home with Brooke.' Todd had a copier business at the time that was doing well, so he said that she didn't have to go back; they could afford for her to stay at home. "It was a random conversation," Lorraine says. "After being home for five weeks with her [Brooke], I didn't want to leave her. So we always laugh about that.""
Lorraine Pater left a promising audit career at KPMG after the birth of her first child and chose to stay home with her daughters for about a decade. Her husband Todd supported the decision financially while running a successful copier business. Later the couple pursued franchising and selected Smoothie King because it matched their active lifestyle, they were longtime customers, and they saw a nearby franchisee scale successfully. They opened their first Smoothie King in 2016 and expanded steadily to ten locations clustered in the same Florida area, managing growth on their own terms.
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