Getting bullied out of my own business by majority shareholders - what to do? Entrepreneur |
- Getting bullied out of my own business by majority shareholders - what to do?
- High Impact Tools and Daily Habits That You Cannot Live Without. Looking for Productivity, Sales, Digital Sec, Health, and more.
- Are there ANY entrepreneur vloggers worth following?
- For those of you who've ran afoul of your investors or business partners, what were some (non-violent) things they did to screw you over?
- looking for ideas, software engineer
- How do you use google search/scripts to find web pages with specific content/ads that may not be listed on social media?
- Are sports gyms viable investments?
- tip: if a company charges you ridiculously high prices, they probably dont actually offer that product/service or they dont want to work with you
- Should I get my own personal lawyer when setting up a partnership?
- What Are Your Guiding Principles As An Entrepreneur? Have You Established Any To Follow?
- Go 100% business or join yet another 9-5 with somewhat more money?
- Early startup employees get tax benefits with ISOs, is it he same for founders of a small company?
- Entreprenurial opportunities: Hurricane Ida
- Selling a Shopify store, how to value it?
- Best ways earn money at a beach location?
- Feeling of wasting time when not working
- Change business address
- What are the mandatory qualities to succeed as an entrepreneur?
- Historical Merchandise Site - Need Feedback
- Have a tech company in the middle east wanting to open business in the USA
- I've decided I want to start an online shop! Help?
- Fiverr client wants me to make a telegram bot to sell cannabis, IDK what to do?
| Getting bullied out of my own business by majority shareholders - what to do? Posted: 05 Sep 2021 12:13 AM PDT Hi all, I started a ecommerce (self fulfillment) business 4 years ago with a friend. We sold 20% shares to his father which put them at 60% total ownership together and me 40%. Things went well for 4 years until I went fulltime with the business last year. The two of us are both directors of the company. His father is just a shareholder. Since going full-time, I have been constantly bullied by the other two shareholders because they say I'm not deserving my wage, doing enough etc when they don't even see all the work I do everyday. I wrote a massive list of all my responsibilities and they decided at the end because I was taking 65% of the profits to pay my wages, they weren't happy with this and want to go back to the two of us working for free during nights, weekends etc. Now they have decided together they want to close the business down and sell everything up and cash out. I feel helpless because I've put in ~90% of the work over the last 4 years and I don't have the majority of shares to go against them. I asked to buy their shares out over time but they said they will only accept instant payment, and wanted an inflated sale price for their shares (more money than they would make if liquidated). I really want to continue to run this business but don't know what to do. If we close down the business, I'll lose our customer base and everything I've worked for. [link] [comments]  |
| Posted: 05 Sep 2021 05:41 AM PDT Fellow founders and entrepreneurs from r/Entrepreneur what are some of the tools and daily habits in your stack that have the most impact on your professional/personal life? I'll explain. Like some of you I work in the early stage space where time is a scarce and valuable commodity. Time, of course, if not managed correctly will often bring along a wide array of consequences that most of us had to face at some point or another. (stress, fatigue, unhappy clients, total chaos, etc.) Finding ways to streamline complexity whilst increasing efficacy as human operator is in fact mission critical to juggle work/life balance. (IMO). That said, these are some of the tools and daily habits that I can't live without: Collective - collective.com
Aura - aura.com
Obsidian - obsidian.md
Rise Science - risescience.com
Phantombuster - phantombuster.com
SuperHuman - superhuman.com
Fastic - fastic.com
Coursera - coursera.org
Calm - calm.com
Daily habits: Dynamic Stretching
Journaling
Pomodoro
Your turn. What are some of the daily habits and tools that you can't live without? PS. These are NOT affiliate links. [link] [comments]  |
| Are there ANY entrepreneur vloggers worth following? Posted: 05 Sep 2021 08:17 AM PDT I just find it entertaining, motivating and inspiring to watch these guys show snippets of their lives and maybe throw in a few tips or lessons here and there. And when I mean worth following I mostly mean they aren't full of shit with a fake lifestyle or trying to shove products down your throat. There's gotta be some people out there who genuinely just want to Vlog portions of their life? [link] [comments]  |
| Posted: 05 Sep 2021 07:57 AM PDT I've heard some pretty dark tales of deals gone awry, that's been one of the main reasons why I've avoided taking money from outsiders in the past. One including a nightclub owner who fell out with his backers. His investors began sending under age kids to his clubs, paying the security staff to let them in. Eventually his license was revoked which left him in a world of debt. I've heard of another where people were paid to follow a guy and his family round for months to the point he had a nervous breakdown, through 24/7 gaslighting by a group of PIs who'd keep appearing outside his offices and at restaurants where he ate. The kind of tricks that the super wealthy can get up to are pretty crazy without resorting to violence or threats. Just wondered if anyone here had stumbled down that unfortunate path before, would be great to hear your stories. [link] [comments]  |
| looking for ideas, software engineer Posted: 05 Sep 2021 10:06 AM PDT Hey, I'm a software engineer looking for ideas and a partner to start a business. I used to have a bunch of ideas when I was in university/college but right now I can't think of any real problem to solve. Please feel free to DM me or just comment below your ideas. Appreciate it. [link] [comments]  |
| Posted: 05 Sep 2021 12:52 PM PDT I'm specifically thinking in targeting employment ads that may include keywords such as "Portuguese content writer". Many times small companies may advertise such openings in their career pages and they're not appearing anywhere else, not on LinkedIn nor in any agency page. Would be great to find this kind of opportunities more efficiently, so if you know of a way please do let me know :) Thanks guys. [link] [comments]  |
| Are sports gyms viable investments? Posted: 05 Sep 2021 10:38 AM PDT Thoughts on the economics and investment opportunity of these gyms? Contact sports, fitness gyms, etc [link] [comments]  |
| Posted: 04 Sep 2021 09:00 PM PDT ive seen this happen before: company charges a super high price for a product or service hoping you'd decline because they dont really offer that product or service or they dont want to work with you for whatever reason. but maybe you accept their fees and proceed after you agree, guess what? they drop you cold. they ghosted you. they never wanted to work with you (possibly because they do not actually offer it) but merely quoted you to move the convo along and hope you decline, not them decline. thats their goal. but they ended up declining. they ghosted you, they look bad, they were not serious i was contacting a chinese manufacturer for pet supplies 100 custom pet leashes for $900, or 1 sample leash for $100 (ridiculous rip off) i took 1 sample for $100. i know its a rip off, but i need samples. samples are key i tell them i agree to 1 for 100. emailed them multiple times. got ghosted. they simply never had that "deal" in the first place; it was just a convo mover [link] [comments]  |
| Should I get my own personal lawyer when setting up a partnership? Posted: 05 Sep 2021 02:09 PM PDT Long story short - I work on a farm and I've done some home winemaking there. I've been looking into starting a small commercial winery (~1000 cases/year) and my current boss (who's a Silicon Valley type investor that owns the farm) seems on board with the idea and likes what I've come up with so far. I also know another lawyer that may invest as well and possibly be a partner and would be a good resource for the company. I know winemaking, and I'm pretty confident I can pull off the operations part. But I have 0 experience on the business side, and I know with alcohol in particular the business/licensing/legalities/finances can be complicated. I'm also not really sure if me and my boss are on the same page when it comes to "I want to start this new business with his support, maybe partnership" vs "he should start this new business with me playing some role but probably not owner" and I honestly don't know which option is best for me in the long run either. I definitely want this to be my thing and I've done (and probably will do) all the work, and will have a different location and name. But I also know both of their partnership would be valuable both for running things and financing. So my question is, should I get my own personal lawyer (outside of the business's legal needs) when it comes to actually setting up the LLC and making any kind of formal arrangements to protect my own personal interests, and if so, when? I know both of these people pretty well and don't think they'd be out to screw me or anything, but I also have no idea what I'm doing on that side of things and life has made me cynical and suspicious. Right now I'm operating off my own research, but I feel like I need someone in my corner who's on a more level playing field with my more business-savvy potential partners. [link] [comments]  |
| What Are Your Guiding Principles As An Entrepreneur? Have You Established Any To Follow? Posted: 05 Sep 2021 08:02 AM PDT A lot of posts here in this sub deal with burnout, anxiety, frustration. Starting and building something, as is commonly known, can be overwhelmingly frustrating at times. Living by a set of principles can help mitigate the frustrations and anxieties that will (not if) come from time to time. What are yours? It would be interesting to compile a community-derived list for entrepreneurs... I came across a random youtube video reciting 24 principles the old Norse Vikings would recite. Some have clear applications to entrepreneurship (These are from old Norse Poems to give some context):
[link] [comments]  |
| Go 100% business or join yet another 9-5 with somewhat more money? Posted: 05 Sep 2021 10:13 AM PDT Hey all, I have no idea who to turn to and randomly thought I might get some wisdom. I'll be leaving my current 9-5 job which pays me like 1500$ a month just cause it isn't enough to sustain my current life… marriage, a 3 yo and an upcoming newborn in a month or so. My business which I ran for the past few years had its ups and downs but as I negotiate a new 9-5 job I found which pays a lot, like 3500$ a month…. All of a sudden my business started to show great signs. I'm doing media marketing and business services and I had the best month in years… I get excellent leads from ads, the leads are interested in my services… And no I have like a week to decide on if I join this new 9-5 job which will 100% make me lost customers that need me through the day. My new job will take most of the most important hours of each day, from 9am to 5pm…. With zero ability to do anything business related. I closed 2 big customers which will pay pay monthly but will probably leave me since I'll just have to be disconnected from my business as the new boss demands it. This is a very weird time…. Covid is still weird out here, my wife is 8month prignent and passing this new job is a risk for sure. My previous job btw did kinda allow me to do stuff for my business here and there… but that's to be over with in the new 9-5 as they are super strict. Any advises on how to make the right choice? Edit: didn't tell you my business's income. So it's about 3000$ a month on a good month. Bad month back then was like 500$. [link] [comments]  |
| Early startup employees get tax benefits with ISOs, is it he same for founders of a small company? Posted: 05 Sep 2021 11:54 AM PDT Like even if you have a small company and sell it after a year, are you gaining LTCG tax benefits? Or do you need to legally structure it with a share and options? Why do people do this? [link] [comments]  |
| Entreprenurial opportunities: Hurricane Ida Posted: 05 Sep 2021 03:53 AM PDT My area of NJ was completely clobbered by Ida. Thousands of people lost their cars and have sustained massive water damage to their homes and property. If you're in the business of disaster clean up, landscaping, scrapping, car rentals or sales, all states in Ida's path have serious need! [link] [comments]  |
| Selling a Shopify store, how to value it? Posted: 05 Sep 2021 05:10 AM PDT I'm speaking to someone who's interested in buying my Shopify store (tea-related and self-fulfilled). It has done a modest £3.5k of revenue over the last year, 220 email subs, 1,650 IG followers. I've built quite a unique brand, really good creative assets (product photography, product IP), data based on FB ads tests (all sunk costs). It's in really good shape for someone to pick it up and run with it to give it the love it deserves. I'm selling as I'm just not spending time on it at all due to other priorities. How would you go about valuing the business? It also has £1k of stock (at cost price) [link] [comments]  |
| Best ways earn money at a beach location? Posted: 05 Sep 2021 07:07 AM PDT Calling all Entrepreneurs. Get your thinking hats on. I am staying in a location with plenty of sun for the next few months. It has a varied crowd from young party goers to family's with Children. How would you go about earning money? [link] [comments]  |
| Feeling of wasting time when not working Posted: 04 Sep 2021 04:08 PM PDT So pretty much every second that I don't spend working on my business feels like a waste of time. The rational part of my brain understands that working 24/7 is not sustainable, but yet it's weighing somewhat heavy on me. I feel like I have to squeeze as much out of the day as possible. I sometimes don't even feel like I deserve to be doing something "fun" and feel guilty when I'm not spending all my hours working. How do you guys deal with this? [link] [comments]  |
| Posted: 05 Sep 2021 06:29 AM PDT Hey all, I recently filed my business with the secretary of state, but then I moved to a new place because college. How do I update my business' address to be my new place I'm living? I'm in Colorado btw. [link] [comments]  |
| What are the mandatory qualities to succeed as an entrepreneur? Posted: 05 Sep 2021 01:51 AM PDT More and more people are thinking about becoming entrepreneurs, but it's clearly not for everyone. Before you start, what qualities do you think you need to have to be a successful entrepreneur? Can these qualities be developed over time? Or is it necessary to already have these qualities in you before you start? [link] [comments]  |
| Historical Merchandise Site - Need Feedback Posted: 05 Sep 2021 08:56 AM PDT The Past Amassed Idea: I have created a site where I create merch items that feature old; Photo's, Prints, Paintings, advertisements, and documents. 99% of this material is so old that it is in the public domain so I don't have to worry about that, and my sources, my massive book collection and the Library of Congress, are so large that I will never run out of designs. I am going to utilize Print on Demand drop shippers in the beginning and will eventually move to a bulk buy system for popular items. I also plan to offer a design service for decorators and businesses. Many of these items would be perfect for decorating different restaurants and businesses and I can work with their decorators to get designs that match their vision and give them a bulk rate. Market: Fans of history, Decorators, Schools, Restaurants/Businesses. Problem: My main problem is I have never created a website before and I really need some feedback. If anyone could please check out what I have so far and give me feedback that would be greatly appreciated. I am working on the tags, SEO, and advertising but I have to teach myself all this as I go so it's a work in process. [link] [comments]  |
| Have a tech company in the middle east wanting to open business in the USA Posted: 05 Sep 2021 07:40 AM PDT As the title says. I have a well known web/apps developing start-up and looking for help on how to find people interested in helping for a share Edit: this might be the wrong sub to post this [link] [comments]  |
| I've decided I want to start an online shop! Help? Posted: 05 Sep 2021 07:07 AM PDT Ok! So a bit of back story, I'm a filmmaker. Studied it and have had numerous internships etc... And I finally got a really good job ,but it's only for the next month and a half. But!!! I'll be getting paid a relatively significant amount, way about 20-30k for my month and a bit of work. Epic! I have an investment account and I generally out money in there in case I decide to uproot my life and vanish lol ,not really. But I have a bit saved up too. But my personal flaw is that I unknowingly spend too much money... Like I'll go out and buy a new pair of shoes or an ice cream and before I know it I'm back to being broke. So! I've wanted to start an online shop for a while and I think this would be the perfect opportunity to finally try. I'm based in South Africa and I love new stationary, like adore notebooks and pens etc... So I thought I could start an online stationary store for cute but practical stationary. Stuff that would be more popular in South Korea and Japan compared to SA cause through tiktok I've come to realize there are a lot of Anime fans and k-drama fans on this side too. My second idea was to start an electronics shop, but just sell Xiaomi products, I love the phones and the quality for money as well as how the camera's are probably the best ever created . So I though I could also maybe launch that too? But yeah, please advise how I can move forward with this. Here's what I know : 1. I need to go and find suppliers that sell the specific stuff I want 2. Figure out how payment will work i.e. PayPal or whatever else 3. Figure out how to ship to different people 4. Establish a website, get a domain name 5. Start selling and do quality checks [link] [comments]  |
| Fiverr client wants me to make a telegram bot to sell cannabis, IDK what to do? Posted: 05 Sep 2021 05:08 AM PDT So I'm new to Fiverr and desperately in need of rating and money, I got this message from a person referencing on of my gigs that he wanted a telegram bot done for selling his products, I was really excited about getting a client until I asked him about the products he is going to sell, they were cannabis and some thc products. As far as I know, recreational use of cannabis is illegal in UK(his country), it's illegal in mine too(India). Although my services are just making a sort of a shop in which user will get a choice, they will select a product and buy it. There is nothing illegal in what I am doing, but I'm still scared on what to do. I don't want my first income to be something illegal, but on the other hand I don't want to let my first client go, I really need the reviews(and the money!). Edit: He says he was joking about cannabis, he is going to sell CBD which is legal in the UK. [link] [comments]  |
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