Our Partners Stole our $3,500,000 Business

Our Partners Stole our $3,500,000 Business
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Пікірлер: 71

  • @threeseven86
    @threeseven8628 күн бұрын

    Im curious to hear the minority stake holders' side of the story on this. Seems to be a lot of pieces missing in this story

  • @TonyCox1351

    @TonyCox1351

    24 күн бұрын

    The minority stake holders side is almost irrelevant at this point. Would be interested to know for my own curiosity. But they need to move forward regardless

  • @Rexamillion16
    @Rexamillion1627 күн бұрын

    glad I'm not the only one picking up on the funny business here. doesn't sound right, wish we could hear a full story

  • @MaydaysCustomWoodworks
    @MaydaysCustomWoodworks28 күн бұрын

    I have a small business. If my most valuable team members tried to stage a coup and take over my business, my customers would never in a million years fall for it... And from 2 mentors? Something sounds strange.

  • @graycee8326

    @graycee8326

    18 күн бұрын

    No it doesn't, do you understand what a mentor is then? Mentors are more experienced and give lesser experienced persons help and advice. It would be so easy for a mentor to take advantage and plan a 'steal' as they probably feel they earnt it and built it with their mentorship.. I feel sorry for Grace and her husband.. Its disgusting what those mentors did and should be illegal..

  • @MaydaysCustomWoodworks

    @MaydaysCustomWoodworks

    17 күн бұрын

    @@graycee8326 lol. That's my opinion and my experience, lady. Nothing for you to argue here

  • @Floridaman8783

    @Floridaman8783

    13 күн бұрын

    You might think that about your customers. But when push comes to shove you’d be surprised. Seen it time and time again. Doesn’t mean they’ll all abandon you mind you. Just saying you’d be surprised

  • @MaydaysCustomWoodworks

    @MaydaysCustomWoodworks

    13 күн бұрын

    @@Floridaman8783 IDK why people keep thinking that they know more about my business than I do lol. I assure you that I wouldn't be surprised at all. My business isn't large enough for my team members to have even the slightest chance of stealing my customers and doing what I do. And I only have 4 customers who are incredibly loyal.

  • @graycee8326

    @graycee8326

    11 күн бұрын

    @@MaydaysCustomWoodworks I'm not arguing lol... just like you, I stated my opinion and provided the means to prove why I thought that way. I was just trying to show you how easy mentors, with all their knowledge and understanding on the business topic, would know how to make an offer irresistible to the best clients. That was all...

  • @tate6809
    @tate680928 күн бұрын

    "The other partners left and took all the clients and now we don't have a clue what to do for ourselves" ....is it just me or does it sound like she and her husband were the dead weight in the business that got pushed out by the other successful productive partners?

  • @zbeavermanz4277

    @zbeavermanz4277

    18 күн бұрын

    It's possible but also it's possible that they had acess to insider knowledge like what their profits were and cash flow. A cunning individual could undercut them at the worst time and since they are minority holders they can convert effectively their minority shares into complete ownership.

  • @tomsassurance
    @tomsassurance28 күн бұрын

    Why do I suspect that the "Mentors" built the business and they took a free ride. Seems they cannot make it on their own. Time to go to work for someone else. The "Mentors" and "Clients" all left. Tells a story.

  • @JessicaLovely1

    @JessicaLovely1

    28 күн бұрын

    Good point. I didn’t think of that.

  • @DeepestQuotesAnd

    @DeepestQuotesAnd

    27 күн бұрын

    I personally don't think anyone would have the chutzpah to say "built with our own blood and tears just the 2 of us" if they just "took a free ride". It's too easy to verify nowadays. But I agree that her version sounds a lil fishy/incomplete.

  • @tomsassurance

    @tomsassurance

    27 күн бұрын

    @@DeepestQuotesAnd Remember the Mentors took the customers and somehow 30 employees left. If you can build it once you can do it a second time much quicker.

  • @TeKnoVKNG23

    @TeKnoVKNG23

    25 күн бұрын

    Yeah that along with the reputation hit makes it seem this way. The reputation hit is probably because they weren't pulling their weight or doing any work.

  • @Big-Government-Is-The-Problem
    @Big-Government-Is-The-Problem20 күн бұрын

    wow 34 employees for 3.5m revenue seems like a small amount of revenue for so many employees. my bro started a company with basically no startup cost with 2 other employees that had 3m in revenue its first year.

  • @johnwhite6667

    @johnwhite6667

    7 күн бұрын

    What was the business?

  • @briannagross790
    @briannagross79028 күн бұрын

    "How do I rebuild? Also, I'm kind of a stay at home mom right now..."

  • @fauxbro1983

    @fauxbro1983

    28 күн бұрын

    Lol yep. A mommy-peuner

  • @MrTmenzo

    @MrTmenzo

    28 күн бұрын

    Got lazy

  • @totostamopo

    @totostamopo

    23 күн бұрын

    And...why isn't her husband on the call with her???? . It sounds like he got clients and then couldn't manage them and then those he chose to bring in to "help" took over. Great insight from Ramsey on this one.

  • @MsJoyce31202
    @MsJoyce3120224 күн бұрын

    Confidence can be shaken when people do you wrong but you do go forward and regroup. You know who you are, and will have to go forward. Stopping is not an option.

  • @Williams093
    @Williams0936 күн бұрын

    Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

  • @Lourd-Bab

    @Lourd-Bab

    6 күн бұрын

    Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

  • @Williams093

    @Williams093

    6 күн бұрын

    @@Lourd-Bab However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments

  • @Lourd-Bab

    @Lourd-Bab

    6 күн бұрын

    @@Williams093 Oh please I’d love that. Thanks!

  • @Williams093

    @Williams093

    6 күн бұрын

    @@Lourd-Bab Judith Ann peace is her name

  • @Williams093

    @Williams093

    6 күн бұрын

    Lookup with her name on the webpage.

  • @Lifeofbass
    @Lifeofbass25 күн бұрын

    Not buying this one. A lot of missing information here.

  • @humanbass
    @humanbass28 күн бұрын

    You dont own the clients, competition can come any time and offer something that they perceive as better.

  • @thomasdalton1508
    @thomasdalton150828 күн бұрын

    You had three clients that the business was entirely dependent on, those clients had a better relationship with your minority partners than they did with you and you had no non-poach clause in the partnership agreement? The blame is entirely on you for that. If you run a $3.5m revenue business and do it badly, I have no sympathy. Your partners and your clients left for a reason. They were better off without you. You can't blame them for that. They looked after themselves, which is their right. You need to examine why they were better off without you. Once you've figured that out, it will probably give you a clue to why you can't find any new clients. Then you can decide what you are going to do about it. Which might be to just go and get a job and stop trying to be a business person.

  • @u2fkeys665
    @u2fkeys66528 күн бұрын

    Seems like you're the problem, not the mentors!

  • @krstin3497
    @krstin34972 күн бұрын

    This is an amazing woman! She is fighting for a company that her husband and she created while getting screwed. Her call in seems last resort while Dave gives advise of you fck’d up start again. I’d hate to be in that situation and really hope the best for her and her family!

  • @mikeyg1776
    @mikeyg177628 күн бұрын

    Gotta look out for #1

  • @nofacetravels6165
    @nofacetravels616511 күн бұрын

    so with around 30k salary. 1m in wages. Covered by 3.5m salea

  • @amiekienzle7597
    @amiekienzle759711 күн бұрын

    How do stakeholders steel clients from their own company? They dissolved the company because the minority stakeholders wouldn’t buy them out??? Something isn’t adding up.

  • @joeeberstein5752
    @joeeberstein575228 күн бұрын

    Why get a degree and student loans if you are going to stay home with the kids???

  • @suellenfunk1898

    @suellenfunk1898

    23 күн бұрын

    Education is a benefit no matter your position in life! And the children see this also!

  • @ykook7000

    @ykook7000

    21 күн бұрын

    Well why is the women always blamed when it takes 2 PARENTS to have kids

  • @buckybarnes3803
    @buckybarnes380328 күн бұрын

    Offer the callers like this one a one-to-one phone consultation for a half an hour. For a fee of course

  • @lucilleyoung4744

    @lucilleyoung4744

    2 күн бұрын

    Interesting but Dave is 100 right. The best revenge is moving on, before you know it, you are in a better place, maybe a different, more productive business.

  • @anthonya2349
    @anthonya234928 күн бұрын

    They just played this the other day.

  • @CanadaHasFallen
    @CanadaHasFallen28 күн бұрын

    Sounds like she was leeching off of them and they finally cut her out?

  • @bweiler
    @bweiler23 күн бұрын

    If they were hungry this wouldnt of happened. They wouldnt have been taken over either. Gotta be hungry.

  • @christopherdunham2637
    @christopherdunham263728 күн бұрын

    Education costs.

  • @markw5805
    @markw580512 күн бұрын

    I’m going to give them the benefit of the doubt and say they were the suckers who put up the financial risk for an idea a couple pro’s had. They had three clients, so easy to steal and implode. They learned things, but didn’t really grow an😢thing. My guess is the minority partners had a non-compete that expired and this take-over was always 😢he plan

  • @fire12731
    @fire1273128 күн бұрын

    Infuriating how people do this to others. 😡😡 emotionally hard and obviously financially but damn people suck and can be vicious

  • @mikeyg1776

    @mikeyg1776

    28 күн бұрын

    She said it was their mentors so they had built them the company and decided to go on without them

  • @fire12731

    @fire12731

    28 күн бұрын

    @@mikeyg1776 Doesn’t sound like that at all. Sounds like they were left high and dry🤷‍♀️

  • @veramae4098

    @veramae4098

    27 күн бұрын

    I've had the same housekeeping company for over 20 years. On and off the owner will mention that this or that worker went off and started their own cleaning business, doing everything they'd been taught, and TAKING their customers.

  • @-vv3rv
    @-vv3rv28 күн бұрын

    How do most of you guys still make profit, even with the downturn of the economy and ever increasing life standards

  • @gaspardfigueroa

    @gaspardfigueroa

    28 күн бұрын

    Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency and stocks, through the assistance of my discretionary fund manager

  • @SC-4rqub

    @SC-4rqub

    28 күн бұрын

    This is correct, Nancy's strategy has normalized winning trades for me also and it’s a huge milestone for me looking back to how it all started..

  • @Scott-qwer

    @Scott-qwer

    28 күн бұрын

    Nancy is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.

  • @-vv3rv

    @-vv3rv

    28 күн бұрын

    Please how can I reach out to her easily?

  • @gaspardfigueroa

    @gaspardfigueroa

    28 күн бұрын

    She's mostly on Telegrams, using the user name

  • @tomsassurance
    @tomsassurance28 күн бұрын

    Why do I suspect that the "Mentors" built the business and they took a free ride. Seems they cannot make it on their own. Time to go to work for someone else.

  • @MrTmenzo

    @MrTmenzo

    28 күн бұрын

    Or the mentors provided capital and the couple doing the hard work who knows

  • @thomasdalton1508

    @thomasdalton1508

    28 күн бұрын

    ​@@MrTmenzoClients don't go with the person providing the capital. They go with the person doing the work of maintaining a relationship with them.