4.7 • 4.1K Ratings
🗓️ 5 May 2025
⏱️ 45 minutes
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0:00.0 | From the headquarters of Ramsey Solutions, this is the Entree Leadership podcast, where I take calls from |
0:15.8 | leaders like you about what it takes to win at any stage of business and leadership. |
0:22.4 | I'm Dave Ramsey, your host with over 30 years of experience leading in the trenches right |
0:27.1 | alongside you. I actually did this stuff today. If you want to submit a question, |
0:32.6 | go to entreleadership.com slash ask or leave us a voicemail at 844-944-1070. In either case, we'll get back with you and make you a caller on the |
0:43.2 | Ontario Leadership Podcast. 844-944-1070. Dial it up. Brad is in Vancouver. Hey, Brad, how are you? Good. How are you? Thanks for your time today. |
0:59.6 | Certainly, sir. How can we help? So I am the third generation of a family business. We're in the tourism sector. |
1:07.5 | We operate seasonally for six months a year. I'm currently one of two managers |
1:13.1 | and our parents are the shareholders. We have about 15 employees. And in terms of the business |
1:21.0 | in 2024, we did 3.1 net or sorry, 3.1 revenue and 2 million of that was net after tax and the business itself |
1:32.1 | is a great business but um there's a lot of internal fighting as it's my father and his sister and |
1:41.0 | now that we're onto the third generation, |
1:47.3 | her kids, there's four of them and there's two of us. |
1:54.0 | And there's just a lot of conflict with the operation and whatnot of the business. |
1:57.7 | And so the question I'm trying to get to is, |
2:02.3 | we're at the point where we would like to either be bought out or buy them out. |
2:07.2 | They don't want to take the advice of our lawyers. |
2:08.7 | They don't want to sit down. |
2:10.8 | They don't take the advice of our accountants. |
2:17.5 | So I'm just trying to figure out what are some steps I may be able to take to try and get them to the table to at least start those conversations. |
2:19.8 | Sounds very childish. |
2:23.6 | Yeah, no doubt. |
... |
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