That and his own wife going against him. I've witnessed first hand this kind of family treachery and I'll tell you, the wife on the receiving end of it is more than happy with the "Let them suffer" approach.
This is why CEOs keep 90% ownership in startups to keep control. Later on the other founders will get their share of ownership. The first stages are the hardest especially with no control of the company😂.
"I own this company" "I also dont have any stakes in this company" Makes sense... Also, why would he want to hire someone under-qualified for a role. Nothing wrong with not hiring someone who is incompetent.
I totally would don’t TOTALLY habe given my traitor brother a job at my new company. I would interviewed him, pretend to be impressed, tell him all is forgiven and then walked him down the hall right up to the nearest janitor closet and handed him a mop. “Here ya go! Be sure you get in the corners and hit those waste baskets in conference room 3! You gonna love the mid night shift!”
who in their right mind would hire a person who already stabbed them in the back before and what a shame that OP went back and bought his own business back. it's almost as if they had no clue what the hell running a business was like and just wanted a money-making machine while doing nothing to run it but that's just crazy talk right s/
I am only 3 minutes into this story, and the arrogance is off the charts with the poster. He looks down on everyone including his family making it seem like they are simpletons.
Have to call bullshit on this one. Only an idiot would give away controlling interest in their company to say thanks for finding investors. Even if he did do something that dumb, he'd still have at least a decent share in the first company.
This story makes no sense whatsoever stake or not people don't get to walk in and just take over. The person who signed for the tax ID is the owner, and just because you give seed money doesn't mean you get a vote it's an investment the story went from an investing story to a partnership story.
Voted out of your own company without being bought out, or seeking legal advice. Total bullshit. It started well though. Would have been more believable had there been compensation, and then you bought the company back for pennies.
I was with the story until he had to leave his company without compensation. Completely unbelievable and unrealistic
That and his own wife going against him. I've witnessed first hand this kind of family treachery and I'll tell you, the wife on the receiving end of it is more than happy with the "Let them suffer" approach.
@@AldotheApacheRaine94the wife was mentioned in one or two lines and that's it lol. I don't think she is needed in this story.
Me too. I was so annoyed at that. They need to research better before writing these fake ass stories.
It is unrealistic 😂
This is AI Story what do you expect? 😂😂😂
The family stealing from him is his own fault. He's weak.
This is why CEOs keep 90% ownership in startups to keep control. Later on the other founders will get their share of ownership. The first stages are the hardest especially with no control of the company😂.
And this is why you never do business with family
Exactly it's always been advised.....whole empires, countries were destroyed because of family feuds...
Dang man started TWO _very_ successful businesses with the 2nd one being better despite being in a worse situation. Let me have what he’s having.
Dont forget that they were completely unrelated businesses. Dude is apparently a business genius
OP deserves to lose his business if he didn’t have the common sense to retain overall control. Dumb.
"I own this company"
"I also dont have any stakes in this company"
Makes sense...
Also, why would he want to hire someone under-qualified for a role. Nothing wrong with not hiring someone who is incompetent.
They hired the wife to sabotage him 😢
This is y the saying dont mix friends and family with business 😂.
divorce your wife. she didn't understand anything. she is just a gold digger
Thats why you never give up more than 49% of NOTHING!
51%
@dikshithaariyawansa1299 no, no more than 49%. 50% still can make it a tie and ruin the business.
@@dikshithaariyawansa1299 More than 49.9% and you lose control.
Op clearly didn't learn his lesson. All because he wanted to be petty by interviewing the brother he should have just not.
I totally would don’t TOTALLY habe given my traitor brother a job at my new company. I would interviewed him, pretend to be impressed, tell him all is forgiven and then walked him down the hall right up to the nearest janitor closet and handed him a mop.
“Here ya go! Be sure you get in the corners and hit those waste baskets in conference room 3! You gonna love the mid night shift!”
OP should make a postnup, this wife will try to take everything from him.
This is why you always keep majority ownership of the company you start.
who in their right mind would hire a person who already stabbed them in the back before and what a shame that OP went back and bought his own business back. it's almost as if they had no clue what the hell running a business was like and just wanted a money-making machine while doing nothing to run it but that's just crazy talk right s/
I am only 3 minutes into this story, and the arrogance is off the charts with the poster. He looks down on everyone including his family making it seem like they are simpletons.
The guilt tripping over hiring his brother. OP was dumb to bring up the past. Just had to say the mfer wasn't qualified for the job and move on.
Have to call bullshit on this one. Only an idiot would give away controlling interest in their company to say thanks for finding investors. Even if he did do something that dumb, he'd still have at least a decent share in the first company.
Dude, I have already subscribed
How, again, did you lose ownership to what should have been merely employees?
Funny Corporate started in Entrepreneurship they grow to a corporate....Also mixing business with families doesn't always end well.
Never subscribe to this AI bs 😂😂😂
This story makes no sense whatsoever stake or not people don't get to walk in and just take over. The person who signed for the tax ID is the owner, and just because you give seed money doesn't mean you get a vote it's an investment the story went from an investing story to a partnership story.
Honestly those reminders at the beginning make me want to unsubscribe
AI caught in a loop.
Voted out of your own company without being bought out, or seeking legal advice.
Total bullshit. It started well though. Would have been more believable had there been compensation, and then you bought the company back for pennies.
22:29 sounds like you need to break up with her and get a better girlfriend