And the doctor wonders why my blood preasure is high

skyhighZJ said:
Different scenario but I would agree. Almost dying puts a real big change of perspective right smack in your face!
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I guess that would depend on what your wants were before the event. If the wants were selfish or vanity based, sure it'll change perspective. If it was being able to afford something to see the smile on your kids face or to make sure you set your kid up better than you or whatever...it would make me expedite the path to whatever selfless/unconditional/philanthropic act I wanted, because then you'd understand time is fleeting and limited and you're not guaranteed tomorrow, so you need to get done, what you want to get done.
 
benXJ said:
Your boss that day was the crackhead. You dealt with him cause he had soemthing you wanted. He was in control. I deal with my boss every day cause he has something i want.that signed paycheck.

You left and didn't make money. Same with me, I could leave right now, but I wouldn't make any money.
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He wasn't my boss any more than the manager of Target is your boss when you go in to buy Bud lite. I had money, he wanted it. I still made money. Just not with his car.
 
jeepinmatt said:
I don't think that is an option in his line of work ;)
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Unfortunately they come w the territory.Scrap places,junk yards,FB MP,they all have em.Some just more than others.Ive been pretty lucky,I havent had to deal with much of that in a while.
 
I'm the 3rd generation of a family business. I'm kind of jealous of other people's situation who work for the man and can just walk away for a week because someone else will handle it. Vacations are constant phone calls or texts. And am also jealous of the first gen guys who get to keep all the $$ they make. Our business is smack dab in the middle of boring stability and "it's all your problem". It's a fairly unwieldy snowball you have to keep rolling to keep from melting.
 
awheelterd said:
I'm the 3rd generation of a family business. I'm kind of jealous of other people's situation who work for the man and can just walk away for a week because someone else will handle it. Vacations are constant phone calls or texts. And am also jealous of the first gen guys who get to keep all the $$ they make. Our business is smack dab in the middle of boring stability and "it's all your problem". It's a fairly unwieldy snowball you have to keep rolling to keep from melting.
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Sounds like you need to hire folks you can trust to help run it like you want to…. Of course that comes with pay like you’d want as well. Keep the interest in the company common with the pay. I work for a guy and run the company like it’s mine, and get paid the same.
 
Soo update.



I got a call from a woman about a Cadillac. It was at a different address about 10 miles from the first one. They said it needed to be gone today. So Heath, Bear, and I loaded up and headed to Gastonia.

Almost as soon as I got there I knew it was the same druggie Caddi. There were about 4 women this time. I gave them much less than I offered 2 days ago. The guy I nearly decked 2 days ago was hiding in the back seat of a car in the road. It was all comical.

One of the women was skulking around my truck until I said Bear was inside. About the same time Bear sat up and looked at her, and showed her teeth. She didn't stay there long. I guess 70 pounds of teeth was convincing.
 
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awheelterd said:
I'm the 3rd generation of a family business. I'm kind of jealous of other people's situation who work for the man and can just walk away for a week because someone else will handle it. Vacations are constant phone calls or texts. And am also jealous of the first gen guys who get to keep all the $$ they make. Our business is smack dab in the middle of boring stability and "it's all your problem". It's a fairly unwieldy snowball you have to keep rolling to keep from melting.
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Technically I'm 3rd gen too. My grandfather sold land to buy a truck for my dad and uncle to drive. At least that is the story dad told me. That was 1959 or 1960. Another uncle arrange the loads.

Noel said:
Sounds like you need to hire folks you can trust to help run it like you want to…. Of course that comes with pay like you’d want as well. Keep the interest in the company common with the pay. I work for a guy and run the company like it’s mine, and get paid the same.
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The problem with that is what we had happen in the 80's. I know you said trust but. They get through. In 80 or 81 or around there we were embezzled. CFO stole thousands. Estimated at millions. He was highly reputed and well recommended. Little did we know he was on one of the FBI top 10 list. Of course I was a kid and only what I remember being told.
 
ghost said:
Technically I'm 3rd gen too. My grandfather sold land to buy a truck for my dad and uncle to drive. At least that is the story dad told me. That was 1959 or 1960. Another uncle arrange the loads.



The problem with that is what we had happen in the 80's. I know you said trust but. They get through. In 80 or 81 or around there we were embezzled. CFO stole thousands. Estimated at millions. He was highly reputed and well recommended. Little did we know he was on one of the FBI top 10 list. Of course I was a kid and only what I remember being told.
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I said help run…not give full reign
 
awheelterd said:
I'm the 3rd generation of a family business. I'm kind of jealous of other people's situation who work for the man and can just walk away for a week because someone else will handle it. Vacations are constant phone calls or texts. And am also jealous of the first gen guys who get to keep all the $$ they make. Our business is smack dab in the middle of boring stability and "it's all your problem". It's a fairly unwieldy snowball you have to keep rolling to keep from melting.
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I mean…that’s what private equity firms exist for.
 
Noel said:
Sounds like you need to hire folks you can trust to help run it like you want to…. Of course that comes with pay like you’d want as well. Keep the interest in the company common with the pay. I work for a guy and run the company like it’s mine, and get paid the same.
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That's the direction we're headed. As the business grows, at the same time, there are less family members available to fill key positions. We've had to branch out and hire from outside. It's much more sustainable than the old way. Pay is fine, there is a bigger picture and a longer term goal than just a bigger paycheck next week.

UTfball68 said:
I mean…that’s what private equity firms exist for.
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Ewwe gross. We're too proud for that, I enjoy being part of a completely family owned business. I hope it's something we can keep going for the next generation. The point of my post was mainly to point out how there is never a "perfect" work situation. Bringing in a pe firm would.be the worst of both worlds. I'd be working for the man and have all the same responsibilities 😂. Zero interest in outright selling on our end.
 
awheelterd said:
Ewwe gross. We're too proud for that, I enjoy being part of a completely family owned business. I hope it's something we can keep going for the next generation. The point of my post was mainly to point out how there is never a "perfect" work situation. Bringing in a pe firm would.be the worst of both worlds. I'd be working for the man and have all the same responsibilities 😂. Zero interest in outright selling on our end.
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I hear ya…I was getting more at the ‘first gen cashed out’ and stagnant business perspective. This is my 3rd stint in private equity, and the objective is always growing revenue/ebitda 5-10x and vertical integration through acquisition/new launches. In my experience, if you’re good at it, the only time you see the man is when you hand him a check for 5x his money.
 
UTfball68 said:
I hear ya…I was getting more at the ‘first gen cashed out’ and stagnant business perspective. This is my 3rd stint in private equity, and the objective is always growing revenue/ebitda 5-10x and vertical integration through acquisition/new launches. In my experience, if you’re good at it, the only time you see the man is when you hand him a check for 5x his money.
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We're not that smart. Literally all of us would go crazy not being in the day to day and being down in the trenches. My grandad "retired", took two country wide road trips, came back and was chomping at the bit to be back at it.. At 87yrs old none the less 😅. After a while it turns out that the feeling of accomplishment and seeing the fruits of your labor is worth more than potential windfalls. At least for us. Like I said, we're weird
 
UncleWillie said:
I got a call from a woman about a Cadillac. It was at a different address about 10 miles from the first one. They said it needed to be gone today. So Heath, Bear, and I loaded up and headed to Gastonia.

Almost as soon as I got there I knew it was the same druggie Caddi. There were about 4 women this time. I gave them much less than I offered 2 days ago. The guy I nearly decked 2 days ago was hiding in the back seat of a car in the road. It was all comical.
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Curiosity question. How does this all work from a legal perspective? In other words if different people are showing up to sell the same car how do you know in general what a person is selling is really theirs to sell?
 
TARider said:
Curiosity question. How does this all work from a legal perspective? In other words if different people are showing up to sell the same car how do you know in general what a person is selling is really theirs to sell?
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Nc requires a firm nc 616 filled out, a picture of the sellers ID, and a picture of the seller with the vehicle. The seller assumes all responsibility if it is stolen. When intake the car to the scrap yard I fill out all the same papers, but the paperwork I have still keep me clear. In the last 20 some odd years, 6 people got silver braclets thanks to selling me stolen cars.
 
UncleWillie said:
Nc requires a firm nc 616 filled out, a picture of the sellers ID, and a picture of the seller with the vehicle. The seller assumes all responsibility if it is stolen. When intake the car to the scrap yard I fill out all the same papers, but the paperwork I have still keep me clear. In the last 20 some odd years, 6 people got silver braclets thanks to selling me stolen cars.
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Dang, Uncle Willie is fighting crime; he’s like Batman!

But seriously, all of us here hate a thief, that’s cool you could give them some jewelry!
 
"we were embezzled. CFO stole thousands. Estimated at millions. He was highly reputed and well recommended"
Most of you have heard such a story, toooo many times over! Weather it be in business, churches, or Families! It happens, if you don't check the books every week or so. :(
 
rodney eppes said:
"we were embezzled. CFO stole thousands. Estimated at millions. He was highly reputed and well recommended"
Most of you have heard such a story, toooo many times over! Weather it be in business, churches, or Families! It happens, if you don't check the books every week or so. :(
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Story goes dad thought something was fishy. He was in Vero Beach, FL the corporate headquarters was in Orlando which his brother was over. From what I remember, being a 10 or 12, checks to truckers started to bounce. Investigation showed payments to fake trucking companies. Dude was arrested and taken to jail. Posted his bond with company stock and skipped town. I think he finally got caught years later. This was around 82 or so I think. My other Uncle said a guy from NY came to his office shortly after and offered him a briefcase of cash if he could tell him where to find the crook. At least that is the story I remember. He apparently did this to several trucking companies over the years.
 
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