My Brother Quit but Still Wants a Check

My Brother Quit but Still Wants a Check
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Пікірлер: 479

  • @s.f.4629
    @s.f.462923 күн бұрын

    This might be an option too. My friend's Father retired and left his business to his 2 sons. While one brother was doing 90% work, the lazy one was taking 80% profit. My friend was trying to fix this for few years. Father didn't want to be the judge and any attempt to talk with "lazy" brother and fix it was a fail. The hardworking brother divided everything on half (tools, cars, everything). He rented a new office and started new company. He contacted all customers and informed them that he is starting new business alone without his brother. Most of the customers never heard about the "lazy brother" and they followed him. He handed his brother and father the keys, and his resignation. Of course the Original company went out of the business within few months. He become the black sheep of the family, but he is successful business owner now.

  • @ugabuga1361

    @ugabuga1361

    21 күн бұрын

    sounds like my family. dad complains about how my brother is lazy, never answers his phone. i am the opposite. but we get paid the same. confront him about it and says its about being fair. i say ya na ya na ya na. long story short I'm getting a new career. the family business is now my second job.

  • @secularthinker

    @secularthinker

    20 күн бұрын

    That is a nuclear option. It is an honor to be the black sheep in an abusive family

  • @liberty4392

    @liberty4392

    18 күн бұрын

    There are so many people have no conscience or honor. Be fair, treat others the way you want to be treated. Too much selfishness exists in the hearts of mankind. Thankfully about 50% of people in this nation have a sense of what is fair, in my opinion.

  • @JDAfrica

    @JDAfrica

    9 күн бұрын

    I did exactly that … was in businesses with my father, who I found out with a degenerate gambler - he was stealing money, hiding profits and refused to give me access to the business bank account.

  • @TexasRiverGirl

    @TexasRiverGirl

    6 күн бұрын

    I think this would be the best way to go.

  • @Beginningtopeak
    @Beginningtopeak27 күн бұрын

    It is so strange how often parents side with the child they obviously raised poorly.

  • @arberdemiri

    @arberdemiri

    26 күн бұрын

    Sounds like my mom unfortunately.

  • @rush8222

    @rush8222

    26 күн бұрын

    exactly my mom

  • @qkwjz

    @qkwjz

    25 күн бұрын

    Also my mother

  • @weirdnomad8868

    @weirdnomad8868

    25 күн бұрын

    It happens a lot

  • @laurenj.5312

    @laurenj.5312

    25 күн бұрын

    It's guilt! They think they did something wrong to why that child can't "do", "go", "have". No silly parent, that child just made bad choices

  • @helenhilton2158
    @helenhilton215827 күн бұрын

    He’s gonna try to call your bluff, so you have to make sure you’re NOT bluffing and in turn call HIS bluff.

  • @michaelplunkett8059

    @michaelplunkett8059

    24 күн бұрын

    Meet with Dad alone 1 hour in advance. 1 piece of paper. 3 options, big print. He needs to get concept in a calm environment. Then bring in brother.

  • @roadrunner9622

    @roadrunner9622

    22 күн бұрын

    Absolutely right. Never make an ultimatum until you've first done the internal emotional work to be ready to follow through with it.

  • @testodude

    @testodude

    22 күн бұрын

    Exactly. When he confronts his brother, he needs to present a time table, like "you have until date x to pick option 1 or 2. Else, I'm moving on option 3."

  • @loriloristuff

    @loriloristuff

    5 күн бұрын

    And the locks need to be changed yesterday.

  • @BigRed2
    @BigRed227 күн бұрын

    Take the 10 guys and create a whole new company and leave your brother and Dad worth zero!

  • @catherinewilke5583

    @catherinewilke5583

    26 күн бұрын

    This is great advice. There is nothing that says he can’t start his own company and take the workers with him.

  • @patriciabarnhart1886

    @patriciabarnhart1886

    25 күн бұрын

    Take a four year bonus in your final pay before you restart with a new company.

  • @FR-tb7xh

    @FR-tb7xh

    23 күн бұрын

    Unfortunately, the devil would be in the details - he can’t invent a new company out of thin air, it takes enormous capital - which he probably doesn’t have unless he sells the company he has. Too, his current company probably has debts that can’t be walked away from.

  • @BigRed2

    @BigRed2

    23 күн бұрын

    @@FR-tb7xh No he can easily get a loan by using the financials from previous company, in fact he could sell all the equipment from old company to new company on a payment plan that is low and takes years to pay off too.

  • @justinmc415

    @justinmc415

    21 күн бұрын

    ​@@FR-tb7xhyou can in fact "invent a company out of thin air" for about 300 bucks. Nothing complicated about it

  • @conaldpetersen9756
    @conaldpetersen975627 күн бұрын

    Dave gets emotionally invested in calls from people who are getting screwed

  • @jamisojo

    @jamisojo

    25 күн бұрын

    It makes life fun to set twerps straight.

  • @JacobsNews

    @JacobsNews

    23 күн бұрын

    I wish he had asked more questions . If the brother is taking care of the dad . What his role in the company he sounds 70 . Dad's 90 . He is most likely just pushing some paperwork around

  • @maximumoverload5134

    @maximumoverload5134

    22 күн бұрын

    Dave is talking out of his a$$ , look from the other spectrum of this situation, you would have legal rights to the business

  • @googleuser8740

    @googleuser8740

    12 күн бұрын

    @@JacobsNews Good point there are 2 sides to every story. If he is looking after real estate and Dad that might be a fair bit of work that the caller isn't appreciating.

  • @mph5896
    @mph589627 күн бұрын

    4 years not working and getting paid a salary. Sounds like a great deal to me🤣

  • @georgewagner7787

    @georgewagner7787

    27 күн бұрын

    I would have a conversation the week he left

  • @thomasdalton1508

    @thomasdalton1508

    27 күн бұрын

    ​@@georgewagner7787Absolutely. How does anyone allow that to go on for four years?

  • @leejace

    @leejace

    27 күн бұрын

    @@georgewagner7787not unless the parents get involved. Toxic parenting is the issue here.

  • @TzUuup

    @TzUuup

    27 күн бұрын

    ​@@leejaceyou can hear dad telling the caller to don't be greedy

  • @bruces2665

    @bruces2665

    26 күн бұрын

    why would brother want it to change? he got$$ for four years.

  • @christopherdunham2637
    @christopherdunham263727 күн бұрын

    I'd love to hear the conclusion of this situation.

  • @shericole9540

    @shericole9540

    25 күн бұрын

    Me too!

  • @quincyremington927

    @quincyremington927

    24 күн бұрын

    Me three!! Must be nice to get a large paycheck and not work.

  • @Emily38868

    @Emily38868

    15 күн бұрын

    Me four

  • @googleuser8740

    @googleuser8740

    12 күн бұрын

    It's Texas it ended in a shoot out

  • @loriloristuff

    @loriloristuff

    5 күн бұрын

    However- I STILL want to know the result.

  • @9liveslisa
    @9liveslisa27 күн бұрын

    I'd get an attorney before they do. Then push forward.

  • @gregjones1339

    @gregjones1339

    26 күн бұрын

    This, very much this. I get that Dave gets emotional over these things but his advice is going to get the guy in legal trouble. If you have the money to pay a worker that doesn't work, you have the money to hire an attorney.

  • @USpatriot741776

    @USpatriot741776

    26 күн бұрын

    Good idea

  • @marymorris6897

    @marymorris6897

    23 күн бұрын

    That was my first thought. Gotta get a lawyer.

  • @dongmingzhu666

    @dongmingzhu666

    23 күн бұрын

    Attorney charges you $500 an hour and all the profits will be gone to someone outside of the family

  • @roadrunner9622

    @roadrunner9622

    22 күн бұрын

    You mean "some off-the-cuff advice from Dave Ramsey" isn't gonna cut it?

  • @jessehudson1318
    @jessehudson131827 күн бұрын

    I don’t know why I’m constantly shocked at how scared small business owners are of making the right decision, especially with family is involved. Whoever thought this ownership structure was a good idea was insane and letting us go on for four years is even worse.

  • @vickieclark5931

    @vickieclark5931

    27 күн бұрын

    That's why Dave talks against partnerships. They can definitely end relationships.

  • @lilolmecj

    @lilolmecj

    27 күн бұрын

    I am no business person of any sort, but that structure worked as long as both brother’s equally contributed. I think probably it should have been set up differently though in order to avoid problems. What is interesting is how long it worked.

  • @tuckercase2449

    @tuckercase2449

    27 күн бұрын

    A peaceful Thanksgiving is a heck of a motivator. There are a lot of families out there who don't talk to one another and I think that's where this guy is coming from. But jeeeeeeez I would not have gone into a partnership with family in the first place.

  • @TzUuup

    @TzUuup

    27 күн бұрын

    ​@@lilolmecjexactly. There was nothing wrong with it until(according to the caller) the brother stopped wanting to work. People like to leave big details out of stories etc. I bet it's something like the brother moved back to take care of dad. Dropped it all and did it for dad so that's why the dad is on his side.

  • @TzUuup

    @TzUuup

    27 күн бұрын

    ​@@tuckercase2449why not? Maybe they didn't think it was going to be something this big

  • @williamrichards7081
    @williamrichards708126 күн бұрын

    Another option might be to take the workers and start a new company. Shut down the existing company , get a fair estimate of the value for the trucks and tools, then give brother his 49 percent and dad his 2 percent and keep the trucks and tools, Subtract the 4 years wages and the value of his free truck. Once it's done, you have the trucks, tools, workers and customers. for your new company.

  • @-ilkis-
    @-ilkis-16 күн бұрын

    Brother has a full time job working on his father’s Will

  • @Sarahthompson2237

    @Sarahthompson2237

    11 күн бұрын

    Exactly!

  • @richard77231
    @richard7723127 күн бұрын

    Caller has to remember, without him, there probably is no business since the brother/father won't do anything to run it.

  • @TzUuup

    @TzUuup

    27 күн бұрын

    I bet he's leaving huge details out of the story. Sounds pretty farfetched someone would think it's ok to keep taking a salary and keeping a company vehicle if they're not working

  • @moonbuni59

    @moonbuni59

    27 күн бұрын

    He probably feels like he is due it since he is managing the real estate. They are separate entities though so that part should hold no baring.

  • @pearlbubbles6885

    @pearlbubbles6885

    26 күн бұрын

    @@TzUuup I believe every word.

  • @TzUuup

    @TzUuup

    26 күн бұрын

    @@pearlbubbles6885 I would believe it if dad wasn't siding with the brother. If we were all that father than we all would tell the brother to get off his ass and go back to work

  • @jamisojo

    @jamisojo

    25 күн бұрын

    ​@@TzUuup people might be much stranger than you think.

  • @davidchester429
    @davidchester42926 күн бұрын

    I'd be tired of that set up 24 hours after it started

  • @BlackExcellenceProductions
    @BlackExcellenceProductions26 күн бұрын

    With all due respect, Dave has the biggest balls in the business realm 🤣🤣

  • @sharvo6

    @sharvo6

    26 күн бұрын

    Easy to talk tough when you have no skin in the game

  • @truthsayer9534

    @truthsayer9534

    25 күн бұрын

    Yeah, it’s just business it’s not personal. Emotions will ruin a business.

  • @carolblair2845

    @carolblair2845

    23 күн бұрын

    Amen to that, brother!!!

  • @MichaelJones-rn2pq
    @MichaelJones-rn2pq26 күн бұрын

    I can't believe this guy put up with this for four years. He clearly need to get a backbone.

  • @jbd0217
    @jbd021724 күн бұрын

    He should have had this conversation with the brother about 3.5 years ago. It's hard to get tough when you've set a precedent of weaknesses. Change the locks, order the truck returned or file charges for unauthorized use which will get it seized upon 1st contact with LE. Go to the bank and open new accounts to transfer business accounts without him having signature authority.

  • @JamesWilson-ox1kc
    @JamesWilson-ox1kc26 күн бұрын

    CALLER SHOULD JUST PLAY THIS CALL TO HIS FATHER AND BROTHER

  • @arlenesmith7883

    @arlenesmith7883

    18 күн бұрын

    Amen! Hard to believe this happens …but sadly happens all the time in Families !!! Getting paid to hand with dad and check on some properties!!! Omg!

  • @paulkeys175
    @paulkeys17523 күн бұрын

    Option four, start a new business yourself, sole trader, and take your customers with you. Brother can be captain of a ghost ship

  • @jonathanbeyer7852
    @jonathanbeyer785227 күн бұрын

    Partnerships are tough. There’s always one person doing most of the work. Articulated paperwork a must!

  • @osirismalu3394

    @osirismalu3394

    26 күн бұрын

    And getting paid less.

  • @kokoskokso

    @kokoskokso

    5 күн бұрын

    Especially with family!

  • @LoseMike-og9in
    @LoseMike-og9in27 күн бұрын

    I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.

  • @VictorB.Henrickson

    @VictorB.Henrickson

    27 күн бұрын

    The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

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    @Henry-hp3kl

    27 күн бұрын

    This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

  • @LoveFrank-cp7tv

    @LoveFrank-cp7tv

    27 күн бұрын

    Mind if I ask you to recommend this particular coach to you using their service?

  • @Henry-hp3kl

    @Henry-hp3kl

    27 күн бұрын

    Leticia Zavala Perkins, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

  • @user-ko1xu4ow4w

    @user-ko1xu4ow4w

    27 күн бұрын

    Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @lms2379
    @lms237926 күн бұрын

    Change the locks BEFORE having the conversation.

  • @testodude

    @testodude

    22 күн бұрын

    and freeze the bank account if the other brother has access.

  • @Justin-yb2yd

    @Justin-yb2yd

    5 күн бұрын

    I'm not sure if you guys actually listen to the phone call his brother and dad have 51%. That means they have controlling interest if they vote with each other.

  • @harpjason208
    @harpjason20827 күн бұрын

    And hire an in-house office manager. 50-65k for her/ him.

  • @jamiejensen321

    @jamiejensen321

    27 күн бұрын

    Can.

  • @dustinadair7893

    @dustinadair7893

    27 күн бұрын

    Hire your wife in house office manager 150k a year lol

  • @user-yf6cd9bb8t
    @user-yf6cd9bb8t23 күн бұрын

    My uncle had a business. His sons worked for him. One son kept stealing from the business. My uncle fired the son. The son didn't talk to the family. I don't think he came to my uncle's funeral.

  • @BrokeTruckerGyal
    @BrokeTruckerGyal25 күн бұрын

    What a sweet tempered man. I feel so bad for him.

  • @ruthlessreid9172

    @ruthlessreid9172

    2 сағат бұрын

    Perfect example of nice guys and finishing last.

  • @mattm597
    @mattm5974 күн бұрын

    It took this guy FOUR YEARS to "get tired" of that? My gosh!! I wish I had a brother like that!!

  • @tcurry1531
    @tcurry153124 күн бұрын

    Don't tell your brother that you are going to give yourself a raise, just do it and it will show in the bottom line. Tell him you are no longer going to provide insurance to his vehicle, give him the pink slip and tell him to put it in his name. Reduce his next profit check by the honest value of the vehicle. Make sure you give him a receipt for the vehicle and let the DMV know that you no longer have an interest in the vehicle, there are forms for this. Buy yourself some liability insurance to cover if they sue you.

  • @Hillbillypatriot3
    @Hillbillypatriot327 күн бұрын

    I have my doubts the dude is going to implement Dave's advice, if this has gone on for 4 years it will probably go on.

  • @TheOmahaTherapist

    @TheOmahaTherapist

    20 күн бұрын

    I agree.

  • @dmoney8373

    @dmoney8373

    10 күн бұрын

    I just basically said the same thing.

  • @paulstrauss9146
    @paulstrauss914627 күн бұрын

    Dad and the golden boy have a majority vote. Good luck.

  • @Gruuvin1

    @Gruuvin1

    26 күн бұрын

    What good is it the majority vote if they do nothing to operate the company? The caller has all the actual power, because he's the only one who goes in every day and does all the things. He's the boss.

  • @Michael-jo9jb

    @Michael-jo9jb

    26 күн бұрын

    There's no actual contract!

  • @adamseidel9780

    @adamseidel9780

    25 күн бұрын

    A person who can destroy a thing owns the thing. If the caller stops stops, the money stops. He can then go form a different company and just take all the business.

  • @jamisojo

    @jamisojo

    25 күн бұрын

    Majority vote in an ownership agreement that is not written down. And they don't want to work, so wtf are they going to do?

  • @bernadette573

    @bernadette573

    25 күн бұрын

    @@Gruuvin1 The boss should give himself a bonus, take the best employees, and start his own business without the deadweight.

  • @tiffanyw735
    @tiffanyw73510 күн бұрын

    This is a tale as old as time. One brother has a strong work ethic while another brother gets to skirt by, all the while, the parent does nothing to interfere because that would take work on their part. As a parent of smaller children, when I see this inequality in the dynamic, I am especially hard on the one the expects all the help so that this doesn't happen when they grow up!

  • @liasilva2789
    @liasilva278927 күн бұрын

    And the wages factored in of brother not working for 4 years that the other brother had to take that on that extra work should be figured into that equation. Man. Family business is hard.

  • @veramae4098
    @veramae409827 күн бұрын

    A local GREAT very popular restaurant closed. They had a "sell it to the walls" week. The owners mentioned to me that, having had a large family, everyone wanted a piece of the pie even if they didn't work much. So the parents, elderly now, decided to sell and close and retire. Idea: Let your brother sort out what's a fair deal for you and for him. Then take the pile he intended for himself. Fair, right?

  • @jamisojo

    @jamisojo

    25 күн бұрын

    Yeah, I love that strategy with idiots who want all the good stuff.

  • @genxx2724

    @genxx2724

    24 күн бұрын

    @@jamisojo the family members who actually work can open new restaurant to replace it.

  • @bonnie5596
    @bonnie559627 күн бұрын

    It's always a sticky situation when dealing with family. Whether it be business or a will. I think this man really just wanted to keep the peace within the family,and that's why he put up with it for so long, but sometimes you have to speak up. I hope it goes well for him and the family understands and can resolve this peaceably, but I have my doubts.

  • @JacobsNews

    @JacobsNews

    23 күн бұрын

    He is also 60+. What's his role at this point . And did dad give them the company to run

  • @ziggywalsh5562
    @ziggywalsh556226 күн бұрын

    The father is telling this son to keep paying the other brother, saying shit like «do you really want to break up this family» ?

  • @JacobsNews

    @JacobsNews

    23 күн бұрын

    Dad's 90 guy sounds 70 . He is probably just pushing around some paperwork . 😂

  • @user-yf6cd9bb8t

    @user-yf6cd9bb8t

    23 күн бұрын

    The brother is breaking up the family by not doing his share. You don't have to be a doormat just to keep people happy whom take advantage of you.

  • @roathripper
    @roathripper27 күн бұрын

    love to hear how this one played out. I'm thinking early morning duel in the hay loft.

  • @ASouthernBoyCanSurvive

    @ASouthernBoyCanSurvive

    26 күн бұрын

    dude is getting a paycheck still

  • @jerrystauffer2351
    @jerrystauffer235127 күн бұрын

    No way this guy has the spine

  • @pearlbubbles6885

    @pearlbubbles6885

    27 күн бұрын

    He's needs an attorney asap to help handle this.

  • @briangasser973

    @briangasser973

    27 күн бұрын

    The guy is upset, but is responsible for this mess. He let this situation continue for 4 years. Definitely needs to talk to an attorney first.

  • @pearlbubbles6885

    @pearlbubbles6885

    25 күн бұрын

    @@briangasser973 4 years pay for compensation is fair.

  • @Ka_Gg

    @Ka_Gg

    13 сағат бұрын

    You can hear it in his voice.

  • @hwinny2
    @hwinny227 күн бұрын

    Sell it and start on your own.

  • @Justin-yb2yd

    @Justin-yb2yd

    5 күн бұрын

    He would need his brother and father agree to it since they own 51% which is controlling interest.

  • @Viviko
    @Viviko26 күн бұрын

    This was my first company. Always have EVERYRHING written down.

  • @maryannanderson2213
    @maryannanderson221327 күн бұрын

    If the caller is in charge of operations but his father and brother have controlling interest in the company, I don't understand how it's as simple as Dave said. He has 49%, his brother has 49% and his dad has the deciding 2% but he said Dad was in his brother's pocket so he would undoubtedly side with brother in this dispute. If he decided to give himself a hefty pay raise could the other two come in and veto that and fire him and get someone else to run the company, putting HIM out instead? I would love to see an update as to how this played out.

  • @cheezeball6109

    @cheezeball6109

    27 күн бұрын

    With Dave is referring to is a operating agreement of the actual business and if that operating agreement doesn't detail anything specific then it's up for grabs as to what happens. So since the brother basically has the keys and the checkbook and full control of the operations he could pull a coup like they've said. Essentially they'd have to take him to court and fight it out but at that point it would be more wise for them It would force the option that Dave is actually pushing. Business is a lot more than just percent ownership

  • @megalodon1726

    @megalodon1726

    25 күн бұрын

    If they don't like what he does, all they can do is sue him. Then the court can force a buyout or sale.

  • @adamseidel9780

    @adamseidel9780

    25 күн бұрын

    @@cheezeball6109not to mention they have no written agreements so there’s nothing whatsoever stopping him from just founding a competing company and hiring away whoever he needs and taking all the customers. Honestly I’d keep that option in my back pocket before going nuclear. Tell them you don’t want to pay him any more and weight that as an option. Start the competing company without telling them and just start signing customers.

  • @faizanalvi3932

    @faizanalvi3932

    22 күн бұрын

    The solution is to use his end of the profits to buy equity from his brother until its 98% him and 2pc his dad and brother gets no share Thats the right thing to do and wont spoil a brothers relationship

  • @manyworldsvideo

    @manyworldsvideo

    12 күн бұрын

    And nothing is in writing. This is an important point.

  • @radolfkalis4041
    @radolfkalis404127 күн бұрын

    Good advice. 4 years not contributing to the business, all he is entitled to is 49% of the profits. You bet the lazy brother will blow his top. Too bad. The caller does, in my opinion, need to retain a business lawyer, if for nothing else I believe his brother will get a lawyer.

  • @javaskull88
    @javaskull8826 күн бұрын

    Time to dissolve the partnership and start his own business. Let lazy brother figure it out.

  • @ryanskinner8789
    @ryanskinner878927 күн бұрын

    So right on!! family and business are so difficult to work with together. Dealing with this right now, and its so hard to do what makes sense financially, yet upsets family. Good advice Dave!!

  • @annarichter6196
    @annarichter619623 күн бұрын

    Love it when it’s just Dave.

  • @bayoumanbryan

    @bayoumanbryan

    23 күн бұрын

    yep me too. i refuse to watch it at all when he has 1 particular female cohost on.

  • @LadyMatriarch.
    @LadyMatriarch.27 күн бұрын

    This is a reality show I’d like to see.😅

  • @veramae4098

    @veramae4098

    27 күн бұрын

    💕💕💕💕💕💕💕💕💕💕💕💕

  • @eightiesaddictone9063
    @eightiesaddictone906316 күн бұрын

    I would LOVE to hear the follow-up to this story.

  • @tonycrabtree3416
    @tonycrabtree341627 күн бұрын

    What a maroon to allow his brother to get paid for more than 3 months without working.

  • @Kevintendo

    @Kevintendo

    27 күн бұрын

    Don’t bring the color maroon into this!

  • @peaceonearthgoodwilltoall4743

    @peaceonearthgoodwilltoall4743

    26 күн бұрын

    ​@@Kevintendo,tony probably meant "moron" 😂

  • @andrew8168

    @andrew8168

    25 күн бұрын

    A maroon doesn't know the difference between a year and a month.

  • @tonycrabtree3416

    @tonycrabtree3416

    25 күн бұрын

    @@peaceonearthgoodwilltoall4743 No, I meant maroon just like Bugs would say.

  • @tonycrabtree3416

    @tonycrabtree3416

    25 күн бұрын

    @@andrew8168 I know and it’s baffling he let it go past 3 months, let alone get to 3 years.

  • @eightiesaddictone9063
    @eightiesaddictone906316 күн бұрын

    The brother was waiting for an excuse to "work from home". He got one.

  • @rsh793
    @rsh79311 күн бұрын

    I love how you put the family togetherness at the heart of your suggestion which is really such a great choice of options. We do need to grow up and put negotiation on the table and not get frustrated by not doing it. Even when it's hard and conflict ridden

  • @rds9872
    @rds987227 күн бұрын

    He wants his brother to do all the work and give him the money. Who does that to their own brother? Tell him its over

  • @MarkFirstList

    @MarkFirstList

    24 күн бұрын

    Yeah, if his brother is going to act like this, he should probably bail.

  • @genxx2724

    @genxx2724

    24 күн бұрын

    Right. He’s been supporting his brother’s family.

  • @garymelanson8089

    @garymelanson8089

    19 күн бұрын

    you"ve never worked with a nacissistic brother?

  • @zapdosmtr4961
    @zapdosmtr496127 күн бұрын

    Not a business owner but this is good info to know

  • @ShawnMarieFrazier
    @ShawnMarieFrazier27 күн бұрын

    This is really good. Would love an update!

  • @_Y.Not_
    @_Y.Not_25 күн бұрын

    I worked for a company that was family run, far too many relatives taking out of the pie without adding into the pie and the business went belly up after years of being in business.

  • @diamondjim7560
    @diamondjim756012 күн бұрын

    Good grief, don’t buy out the brother and father. They don’t deserve a cash buy out. Close the business in that name; set up a new company. Let him keep the truck as compensation. Having family in business with you is one of the most frustrating things that can happen. I know this….. from experience.

  • @macpduff2119
    @macpduff21196 күн бұрын

    Double the callers salary to reduce his brother's portion of the profits. Then write up a legal contract giving the caller majority control. My husband, was a Master Licensed plumber working for the LI, NY family business. His sister was gifted position of President/CEO when dad died. She had been a receptionist and knew nothing about plumbing contracting business. My husband walked away and started his own business and the family business failed..

  • @sharondoan1447
    @sharondoan144724 күн бұрын

    Lawyer up, change the locks, stop cutting the paychecks, raise your salary to compensate you for doing your brother’s job. No matter what guilt trips they try to lay on you, remind them who is wrong. Never apologize for doing the right thing. Bottom line the entire family disrespects you if they come take your brother’s side in this matter. Remember my first admonition, Lawyer up after doing some research to find a qualified attorney who comes recommended, preferably. Now, spend some time with your father . Lovingly let your father know your concerns without laying down demands immediately. Maybe ask Dad’s advice just to get an upfront and personal discussion started, one on one. You will get a better feel for how things are headed.

  • @lovemyscotsman
    @lovemyscotsman22 күн бұрын

    He can tell his brother and dad that no one will get paid if he decides he doesn't want to work either. This is nuts that they expect this man to support all of them.

  • @MickyAvStickyHands
    @MickyAvStickyHands22 күн бұрын

    This is advice for a true businessman. A shark can pull this off. If you're a regular guy running a business, your counterpart will call your bluff. You have to be honest with yourself on which one you are before you act.

  • @MichaelHasebroock
    @MichaelHasebroock26 күн бұрын

    Is this guy hiring? 4 years of no work and a consistent paycheck, Im putting in my application today!

  • @JacobsNews

    @JacobsNews

    23 күн бұрын

    It's probably dad's company 😂😂

  • @pkmcnett5649

    @pkmcnett5649

    Сағат бұрын

    ​@@JacobsNewsonly 2%.

  • @JacobsNews

    @JacobsNews

    25 минут бұрын

    @@pkmcnett5649 no it's 100%2% was the handshake agreement

  • @businessacc179
    @businessacc17927 күн бұрын

    So wait how is it 49/49/2 without a written agreement? Whose name on the bank account? the annual report filings? If no one else is listed, that person can take it all.

  • @JacobsNews

    @JacobsNews

    23 күн бұрын

    Those hvac companies are all the same. it's all in dads name . He probably just goes to the office and pushes paper around, and says I run this company 😂😂 he has got to be 60+ dads 90

  • @testodude

    @testodude

    22 күн бұрын

    @@JacobsNews I'm surprised Dave didn't harp on this. If Dad started the HVAC company and "passed it" 49-49 to his 2 sons with no written agreement, isn't the business still really's Dad's? He might have final say on how this shakes out. The real estate side sounded like a totally separate interest between brothers. Caller might be hosed on the HVAC side.

  • @andrewlayton9760
    @andrewlayton976018 күн бұрын

    OMG! The 49 / 49 / 2 partnership structure is the dumbest thing ever.

  • @toobsteak
    @toobsteak27 күн бұрын

    I envy this guy, at least he has the means to do something. My business partner just changed the locks and cut me off from everything after I repeatedly asked for the yearly 3rd party audits of the financials he's contractually obligated to provide. I was asking for these because I'm 99% certain he is embezzling six figures from me. Now I don't have the means to press charges and get what I'm owed. Get what you deserve man, a lot of us are getting screwed out here.

  • @pkmcnett5649

    @pkmcnett5649

    Сағат бұрын

    That is awful

  • @shirleytaylor8148
    @shirleytaylor814821 сағат бұрын

    Yes, I agree with you. 100% force their hand.

  • @cherylawitherell1800
    @cherylawitherell180012 күн бұрын

    So many of us are stuck with these unreasonable and selfish families..

  • @Anthony99
    @Anthony9923 күн бұрын

    Tricky one with family involved, I think your play is right though. Renogitation of the terms needs to happen, a buy out seems like the correct way to go.

  • @daviddiehl565
    @daviddiehl56525 күн бұрын

    NEVER, EVER do business with family, PERIOD. Been there and done that. SUCKED.

  • @Trishpage312
    @Trishpage31214 күн бұрын

    SO GOOD! I’m dying to know what happened!

  • @alrivas1477
    @alrivas147713 күн бұрын

    Great advice

  • @bernicezappala7958
    @bernicezappala795827 күн бұрын

    Do you think “brother” might have dad on his side and now own 51%?

  • @pkmcnett5649

    @pkmcnett5649

    Сағат бұрын

    That is what brother is aiming for. The caller needs to work fast.

  • @Poetic-op1dq
    @Poetic-op1dq24 күн бұрын

    I wish ee got updates on stories. That would be a cool channel idea. Ramsey updates

  • @hansadler6716
    @hansadler671627 күн бұрын

    I really want to know how this turns out.

  • @freedomaipros
    @freedomaipros25 күн бұрын

    Good advice

  • @rosemarcinko318
    @rosemarcinko31826 күн бұрын

    This is familiar to my son and my brothers business, my son owns it and my brother was doing jobs for cash behind his back and not reporting it. That’s more than likely what is going on here. His brother is using his own personal company truck doing side jobs for cash plus getting a paycheck from the company. Awful.

  • @kevinlawrence3105
    @kevinlawrence310518 күн бұрын

    The appliance end of the deal was always the easiest part of the business compared to the HVAC side.

  • @keystonecarpenter3546
    @keystonecarpenter354617 күн бұрын

    Wish y’all did fallow up videos on how things turn out.

  • @sn4rl277
    @sn4rl27726 күн бұрын

    Working with family is the worst. Love my family, but it is so hard for folks to separate work life from family life sometimes. Seen good businesses go belly up due to one spoiled brother or sister in a family business ruining it for everyone.

  • @TheSheona123
    @TheSheona12326 күн бұрын

    It’s these ones that I want an update on, like did he follow through?!

  • @beckyward6650
    @beckyward665018 күн бұрын

    Sounds like the brother that does all the work needs to grow a set and take care of business.

  • @randybrechbiel9748
    @randybrechbiel974821 күн бұрын

    That sounds like my brother when we bought our first truck. Finally went to the bank and closed the checking account and started another

  • @DewTime
    @DewTime26 күн бұрын

    Never knew Dave Ramsey had a show like this. When did it start?

  • @kathleenrussell2934
    @kathleenrussell293419 күн бұрын

    Would love to know how this was finally resolved.

  • @carolhutchins8995
    @carolhutchins899518 күн бұрын

    Change the locks and remove all bank information from the office before you confront them. If possible change banks so they don't know where the money is. Have the truck repossessed as a company vehicle(company asset)and get it towed back to the shop.

  • @HomewiseProperties
    @HomewiseProperties25 күн бұрын

    These guys gotta be in their 60’s… the dad is 90. The brother is basically retiring… just retire him already

  • @VioletEvans-yt2fd
    @VioletEvans-yt2fd12 күн бұрын

    This is a sad reminder that when going into a family business contracts need to be drawn up and made legal for the protection of all parties. Thinking everyone is going to be honest and do the right thing is not the way to start a business.

  • @carnivoreRon
    @carnivoreRon26 күн бұрын

    He calls this show but not a lawyer 4 years ago???

  • @annettegrymes3402
    @annettegrymes340225 күн бұрын

    So I normally don’t comment but noticed no one else talking about the fact that the caller said their Dad is 90 so unless their Dad had them way late in life the brothers are probably in their 60’s at least. I kept waiting for Dave to ask but he didn’t. Maybe the brother just wants to retire but I agree he went about it the wrong way. Their should have been some conversations about how to accomplish that. But I wouldn’t necessarily say he is being lazy. There just comes a time that people realize there is more to life than working yourself to the bone until your in the ground. But again he should have been upfront and said I want to retire or slow down how can we make that happen?

  • @AirmanBrown
    @AirmanBrown27 күн бұрын

    Delt with this same situation a few years ago

  • @cherrypieforbreakfast1499

    @cherrypieforbreakfast1499

    27 күн бұрын

    Sorry to hear that. How did it turn out?

  • @AirmanBrown

    @AirmanBrown

    27 күн бұрын

    @@cherrypieforbreakfast1499 It was brutal. I ended up having to cut my family off and one of my family member withdrew thier equity which left the business with no cash. It left me with a business with no clients, employees, no money, and fractured family relationship. Brutal

  • @jewelswinfield
    @jewelswinfield6 күн бұрын

    The problem is he has let it go on for four years. When stuff like this happens the talk should be immediately, not 4 years later.

  • @frozentundra7446
    @frozentundra744622 күн бұрын

    ...And get it in writing signed and notarized!!!

  • @zacharyfair6738
    @zacharyfair673825 күн бұрын

    buy out sounds reasonable, but you have to factor in 4yrs of pay.....

  • @phillipcooper5168
    @phillipcooper516825 күн бұрын

    would love to see the results on this one

  • @danielrn133
    @danielrn13327 күн бұрын

    You can tell he isn't going to do anything. He gets pretty quiet when it is time to lay the hammer down. I hope he does what Dave says.

  • @genxx2724

    @genxx2724

    24 күн бұрын

    Even a timid person can stop working and let the whole thing implode.

  • @talyahr3302
    @talyahr330222 күн бұрын

    "It speaks to his lack of character". True Dave. But this situation also speak to this guy's lack of backbone. 4 YEARS of free salary? Now he's finally breaking down. Me and my brother are extremely close, like besties and this would never fly. Maybe 1 year just because of the pandemic but this has gone on way too long.

  • @femalephobia
    @femalephobia26 күн бұрын

    Damn, go DAVE🤗

  • @brentheid6002
    @brentheid600224 күн бұрын

    Only I would not say it that way, Dave. A gentle word turneth away wrath.

  • @stephenwalton9646
    @stephenwalton96465 күн бұрын

    Eat dinner as friends(family,) do business as strangers.

  • @dougholdem2898
    @dougholdem289824 күн бұрын

    Why not ask brother.....How long do you think I am going to pay you for a job you aren't showing up for or doing?

  • @cl5193
    @cl519323 күн бұрын

    I guarentee this has been a family dynamic for decades. Something has happened that has triggered this decision, especially after 4 years.

  • @cathietonkin5577
    @cathietonkin557710 сағат бұрын

    That was great advise!!! Why should one person have to do all the work?

  • @josejuarez1993
    @josejuarez199324 күн бұрын

    Business is business.

  • @thedorsinator
    @thedorsinator24 күн бұрын

    I’d love to know how this turned out.

  • @michaelreece2966
    @michaelreece29668 күн бұрын

    You need to make sure they don’t have access to the accounts, or it could backfire….big time. I do agree you need to have an attorney in your back pocket before you escalate the situation.