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The Ramsey Show Highlights

I’m Selling My Shares of the Business to My Sleazy Business Partner

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 26 July 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

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0:06.0

I have a little bit of a situation happening right now where I have started a company with a co-founder three and a half years ago.

0:15.0

We, and from day one, we've had some disagreements, but throughout those disagreements, we've always

0:22.4

been able to come to a compromise, and we were both very hard working.

0:26.4

Over the period of time, the company has grown to 12 employees with a shop in New York and everything

0:37.4

that you could possibly need to do a beautiful paint job

0:41.3

on your home.

0:42.2

Nice.

0:42.6

I have worked tirelessly for the past three and a half years to build the business to what

0:48.6

it is today or what it's cash flowing at today.

0:53.4

Now, these disagreements between my co-founder and I have come to a point where a lot of

1:00.8

trust is lost.

1:02.1

He's started other businesses within the same shop, taking resources from my business.

1:08.7

Uh-oh.

1:09.3

While simultaneously, I mean i mean anything from you know

1:14.6

putting wrong things at the paint store on other accounts x y and z sketchy checks so fraud

1:22.3

cashed in his other bank account so fraud of like six of six of six, like we're talking $6,000.

1:30.7

That's stealing.

1:31.3

So he's stealing from what from, he's stealing from you.

1:36.7

Yes, that's what that's called.

1:38.1

It's called theft and fraud.

1:40.4

And, you know, I'm going to be hiring a very good lawyer during this process along with a

...

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