Ah, what difference a day can make
I had eceided this morning that I couldn't take the new job offer and to stay where I am at for now. I called the owner of the company to let him know what I had decided. He understood my reasons and told me that when I do get into a position to be able to work for him, he'd be happy to hire me at that time

Now I'm going to follow all of the good advice I got from many of you. I'm making my prtners come along and become known in all aspects of this business so that this wouldn't be an issue anymore.
I win, they win and I get a good buy-out price when the time comes

Thanks for letting me vent and throwing in the good advice!