My Sister’s Stealing Money from Our Business!
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- čas přidán 27. 11. 2023
- My Sister’s Stealing Money from Our Business!
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"She does the job well when she does show up on time" 😂😂😂 [and is not thieving or shouting at the boss]
As a brother of a sister that stole thousands from my other brother, I would say when it comes to money, you need to be very vigilant, even with family.
Yep. It really is sad what happens when money is involved! 😢
Get Dad to fire her now she has probably embezzled more than what you know
There’s always someone in the family that tries to destroy a family business it’s called them being greedy selfish entitled
Tell her we have a meeting after work. We got a thief why is the thief still working here? So should we charge this person?
She won't straighten out in that environment and will be EXPECTING the transfer of the business to go to her. The dad (owner) should show her the door now and if not, the son should seek employment elsewhere.
Ben better be very careful here and have EVERYTHING documented. If he fires her she will most likely accuse him of sexism and discrimination. This is always the go to for these kind of people.
True
Lets not get too far ahead of things. Dave gave some good advice. thats it.
@@melissam7067 its always good to get ahead of these ticking time bombs instead of being reactive and unprepared. How you can argue against that is absolutely absurd.
@@fkillah because you sound like a silly, anxious, female.
@@fkillah i was reacting to the original poster's comments. "these kind of people"...does he mean women? sexism, sexual harassment and discrimination are serious issues and were not brought up on the call. saying this person (a thief/ stealing/troubled/whatever) might allege discrimination is like saying men with anger issues are all physically abusive to their partner.
I worked for my father and I never called him Dad at work. I called him by his name the same as the other employees. Luckily since I am married, my last name is not the same as his and most people didn’t even know we were related.
Wasnt that awkward in the beginning? Lol I think I would call my dad Mr. So-and-so before I called him by his first name lol
@@NeeNee_B. nobody in our office goes by Mr. last name, so it just fit right in with how everyone else refers to each other.
I did the same thing, it took some customers years to learn it.
treat her like any other business! document everything, fire her, and send her to jail!
A 'transition' sounds like a slow-motion trainwreck. Better to make everything crystal clear,
with a clear sale date, and new list of employee positions effective on that date.
It's not a sale. It's a succession.
Over 35 years ago I hired one of my 2 brothers and everyday he asked for a $40 advance to by his cigars and his wife's quart of beer and 3 packs of cigarettes. Payday came and his check was minus that money advanced. Still screams at me 40 years later.. That was his 1st wife and been through 3 other women. And my little sis and him conspired and since took my mom who has dementia (on a good day) and made them beneficiaries on her accounts. While I have one other brother is just a town drunk .. My mom has me in the will as the executor but when the time comes and NO MONEY them two can handle it.. I have more money that all 3 of them put together. They say moms condition could take up to 4 years.. Just less than one year of money. My mom put the 2 Gamblers in charge? What could go wrong? She will have to go into a public nursing home by next summer.
I am so sorry, families can be sh$t sometimes.
Get your name taken off as executor or you have no idea what you're in for. My mom left us money but failed to fill one beneficiary form and it took me 50 hours of work, a year, and 8 thousand dollars for the lawyer to resolve it.
@georgewagner7787 They will have to fight it out No One can make me do anything..
You have enabled them for decades , you could have said , sorry , no more advances , you need to borrow elsewhere,
You totally misread his OP. He said that when he gave his brother advances over the course of ONE paycheck, his brother is still yelling at him about that singular incident.
Now he’s obviously not setting good boundaries because that conversation should have been OVER. But he’s not enabling anyone.
What Dave is missing is the father when he retires divides the equity in half and makes his sister also the brothers partner. The brother can't just wear an engineer hat and not see this happening.
Great point. Brother has to have the ability to fire her once he takes over. Othewise, he's stuck with her forever.
Ohhh thats an easy one ☝️ FIRED !
I was a nurse and i had to learn to wear nurse hat at work and mum hat at home, it was usually not hard, unlesd there was a really sad case at work but i just had to try harder
He should just tell his father the truth about how the sister is not performing professionally and say to him that I have no future here as long as she's here to undermine our family business. If he refuses to let the sister go, then just quit. Hopefully, the father wises up before it's too late.
The dad knows, he just wont do anything because that’s his precious daughter
@@fkillahYou’re right, but if the son takes a stand you might see a change. Sometimes people need a backbone, even if it’s their other child and future heir of the business.
She yells at the father...he knows
He also needs to be straight with his dad that if he won't fix it, then the son is unwilling to take over the company and might start looking for other employment. It's not fair to the son to allow this to continue and hold up son's career trajectory only to hand him a pile of stink in 5 years.
In addition to the sister definitely being fired for her behavior elsewhere, she would also likely be prosecuted for misappropriation of funds; her stealing from the company...and end up serving time in jail or prison depending on the severity of the situation. Furthermore, she probably wouldn't behave as badly elsewhere but feels she's got daddy wrapped around her finger and thus pushes the limits with him at the family business; she doesn't think he'll ever get firm with her and tell her to shape up or ship out....I hope he does because he's not doing her any favors by allowing her to get away with this type of behavior, and apparently she's been getting away with it her whole life; and it's neither right nor fair to expect the son to endure all of this any further, now or when he takes full control of the business. His father is going to have to decide to take some critical action and do what's best for the longevity of the company if wants to see his legacy endure.
Fire her
Great family-work ‘ reset’ advice.
GREAT ADVICE DAVE
Love Dave.
Agreed 1000 % with Dave here. HOWEVER; A whole lot easier said than done. Trying to tell your thief sister all that and she listening to you… HAHAHA! Good luck.
Reality is, sister will keep being a pain in the a-hole probably forever even if her daddy fires her..
Sorry about Ben having to deal with a sister like that and again. GOOD LUCK 👍🏽
I think if I were him, I'd have breakfast some morning and let Dad know, "I'm concerned about yelling at you in front of people and undermining you. There's also some evidence she's not being honest with the firm's finances." If Dad isn't open to hearing it at all, go looking for another job.
Then sister's strategy has won
That's ridiculous.
@@siteworld123If the sister’s strategy is to run the business into the ground. . .
. . . A 25 yr old engineer should be highly employable most places and he’d be better off if dad isn’t willing to address daughter’s issues.
Sherry I totally agree. Get out of the cesspool before it affects your mental peace. If Dad cannot get a handle on her, run! Enjoy your life. It is short.
All Family Business should follow examples like Dave Ramsey mentioned , everyone wears hats , etccc.
THIS VIDEO SHOULD BE DIRECTED TO FAMILY BUSINESSES THROUGHOUT THE USA.
What’s wrong with them? Why has she not been fired and law enforcement contacted?
I would love an update
I'd nip her bad behavior in the bud asap. If she doesn't get it and change her behavior, I'd fire her.
Who doesn’t get fired for misusing a company credit card?
@@genxx2724 The owner's kids. Pretty common.
Working with friends and family, or operating a business with friends or family, or investing or co-owning businesses together is the absolute worst idea you can ever do. As a lawyer i have seen nothing but hardship, drama, stress, criminal behavior, and embezzlement within family businesses. So much so that i dont think anyone should have strictly family/friend businesses. Its a terrible idea. Jealousy and competition is the only thing that comes from it. I live in a smaller city of 175k people and ive seen thousands of cases the last two years with family businesses.
Quick way to destroy your family.
No, like Dave says, if a family is functional the business can flourish. ❤. If the fam is disfunctional then the business is harmed. Since you are a lawyer, you only see the severe problems. If you have loyal family members, they are the very best employees, and will outperform any hired hand any day❤That’s b/c they care and realize the purpose of the work. It’s not just a paycheck to them 😮
😂😂😂
You have a serious bias as a lawyer in seeing people who are already embroiled in toxicity. Otherwise they wouldn’t be trying to sue the crap out of each other.
The bias comes from the fact that healthy family businesses never cross the threshold of your firm.
He is toast regardless. He will either be the family jerk or family chump. Family. Business. Pass.
Only jerk is the sister. If she doesn’t correct herself she needs to be fired. Could careless of what a jerk thinks of me for doing the right thing family or not. Not going to pass up on a 2 million dollar business because of her.
Just kick her out of family business and problem solved bro so he is not toast at all lol 😂stop thinking like a employee
My brother is doing this but my parents keep allowing it,we now in debt and we sitting with a huge bully brother
im so glad that i found yalls new program. i used to watch your program alot but the new co hosts i dont like them at all especially 1 female co host. i pretty much quit watching Dave at all. I saw this and started binge watching right away. so glad yall started this program.
Hard on the other employees under her😢
I talked to Dad and say I'd love to run the business, but if the problem with sister is not fixed by then, I probably won't. Push daddy to get her attitude in check or make her leave. You definitely don't wanna have to deal with this once you're in charge.
CEO & Boss (Dad & Engr son) need to keep many things on a 'need to know' basis, as is normally done in any business & family. Not everything needs to be disclosed to 'everyone' (her) nor the the kids. Below commenter Jackaroo says it best, be very vigilant. Very very, with some.
I'd love to have seen what happened to the career of any employee who didn't praise to the rafters the ability of a Ramsey child.
Easy: nothing. Did you listen??
Dave Ramsey is exactly right, again. If family businesses operated like this, they would be way more successful.
Hire a private investigator to get evidence
The sooner they hold her accountable the better for her and everybody.
Anyone know what company this is in Cincinnati
Rachel is the conspiracy theory daughter like I am😂😊
He only has the brother's opinion here. That doesn't make it true. Dad may be totally aware of how much his daughter is spending and doesn't care. It's his money and if he wants to let her spend it, so be it. There is nothing illegal or unethical about it if dad agrees to it.
Some things the brother needs to know: Is he just going to run it or is he going to own it 100%? How is his compensation going to be determined when he runs it, if he's not the owner? If he's not going to own it outright, how is the ownership going to be passed upon dad's death? Is the daughter going to get 50%? Or does dad have some cash he intends to give the daughter and give the son 100%? Does he, the son, willing to build this business knowing he might not own it 100%? Can dad ask his daughter to resign and not create a family war?
Nothing unethical or illegal about stealing and yelling? Explain that one to me…
@@fkillah I never said stealing was unethical or illgal. Please show me where I said that.
And yelling? Nothing illegal or unethical about it. It might be poor management technique but that's not illegal or unethical either.
@@USMC6976 seriously? This is a direct quote from you: "there is nothing illegal or unethical about it." And this is not the brothers opinion, he made a clear statement that she is stealing.
Moreover, you are making a lot of hypotheticals here and excusing bad behavior. We can only go by what the brother said. He could be 100% honest or false but we don't know that for certainty.
So your argument that what the brother is saying is false can be spun the other way around now too. See, the hypothetical game can work both ways.
@@fkillah Dad, you are dumb. That was not the "direct quote". It was a partial quote. The full sentence is " There is nothing illegal or unethical about it if dad agrees to it." Again, I never said stealing was legal or ethical. You really stretching at it there.
Dad is the owner, if dad agrees to it, it is NOT stealing.
I'm not spinning anything, I'm making the full legal claim that the brother's opinion isn't fact. So to assume it is, is a fallacy. When you are going to make claims of wrong-doing, you have to be right. When there is a question about if your knowledge may be lacking, it's not spinning.
What is spinning is taking facts and putting a story to it without facts. Brother says sister is using the credit card for personal purchases. So what, that doesn't make it stealing. This is a PRIVATELY owned business with ONE owner. The money belongs to that ONE owner. That ONE owner is DAD. DAD is the only one that can claim the daughter is stealing, not her brother. Is that clear enough for you? And if dad is ok with his daughter spending the money, then it is NOT stealing.
It is not normal or even reasonable to pay private stuff from a company credit card. She is getting a wage - so why is she doing it. If her father wants her to have more money he can raise her wage or gift her money out of his private funds.
And the accountants have to book that non-business expenditure as an equivalent of wage or a gift to her anyway. If she needs an advance on her wage - that could be handled correctly. I guess it was something that could be also a biz expenditure (so no nail treatments, but a computer or phone) ... but why is she allowed to take such liberties. She likely did not aks her father for permission - and he should not tolerate it. One reason (aside from fairness and morale) is the IRS.
He needs to leave and go to another business and get experience. The come back as owner manager and sort it out. Anything can happen in 5 years. Long time.
Fire here she is a thief and she will not be able to follow that concept unless she stops stealing and admits to and pays back the stolen money then she might have a chance , she was already fired from her previous job.
No.
Then there’s no reason to start a business if it’s not for the family’s future. Fact is, she IS the owners daughter and some special treatment is appropriate. Not stealing and acting fowl, but that’s the cost dad must pay for his failure to raise the daughter. There is a part of this story we didn’t hear. People are early just bad eggs.
Why is the 25 year old son in line to get the business? The 32 year old daughter wasn’t even considered???
Are you for real? Why so the sister can suck the business dry like a succubus.
Well, he’s an engineer and she’s stealing. That may have something to do with it.
He has the engineering degree
Everybody at Ramsey company knows his kids are untouchable. And are not like the rest of the employees
if they screw up badly you best believe they getting dealt with by their superiors. But I doubt Dave's kids act anything like the lady in the video. At most good jobs, as long as you do you job and are respectful you won't have many issues either....
Emphasis on "good job" because some idiot is going to comment about their horror story at their toxic work place, which isn't what I am referring to
@@ringchaser4488 I bet at the beginning the way was paved for them. I've seen this many times in family owned business. The offspring is put into the sales department and breaks all records (of course, all sales not assigned to anyone, and all repeat customers that dad had gets passed to the offspring). So now they offspring is promoted to a manage a new department. There's a little restructuring and wouldn't you know it, boom, new revenue record or profitability record is established. Again, all things controllable by dad. I saw this a lot in car dealerships. Same story with Zig Ziglar's kids and spouses of kids.
And of course, no manager is going to hate the owner's kid. No one is going to alienate their future boss, unless they intend to quit.
Give a free venue, get people there to listen to you, then push your teenager out there to speak for 5 or 10 minutes, people are polite and listen. Do this over a few years and then you have an adult that is advertising how many thousands of people have attended their lectures. Yeah, it's game. If you, the consumer, get lucky and might actually hear one or two that are actually very good. But always remember, the kid didn't have to earn their stripes the same as other employees. Make sure they are not just quoting their dad, insure they understand what they are saying.
I have an older brother that is a medical doctor. He would hear someone speak and tell me how great the guy was. I would remind him that we had that conversation two years prior and he told me how wrong I was. Or, he would be talking about some new concept and I would point out it's decades old and give him the book that first identified it. Just because someone changes the name doesn't mean it's new. Never could get him to recognize that his little brother with no medical degree was pretty smart, even though I retired 20 years before he did. I didn't have a $300,000 plus student loan to pay off.
I use to tell people to do the exact same method for paying off debt. And I always heard that same line "but the interest rate on the other is higher". As a student of human behavior, I recognized the need for some quick successes to keep one focused. It never dawned on me you could make a fortune selling that concept. Dave definitely has helped and is helping thousands of people improve the quality of their life.
I would like to see him recommend a few other books, such as, "The Richest Man in Babylon" by George S Clason would help with people that find themselves debt free and family wanting to "borrow" money. Another book I found very enlightening is "Unlimited Wealth: The Theory and Practice of Economic Alchemy" by Paul Zane Pilzer.
Consider this: Dave’s kids began the vetting process at BIRTH!! I’m sure they are not bad apples.
@@LioraLand1 Yeah, we all know how kids listen 100% to their parents.
@@USMC6976 maybe some listen 98 percent. I did.
Dave said he doesn't do yelling and screaming around there? That's not what I hear.
So he just pull out a gun?
She’s a modern woman, that’s what they do
No this has nothing to do with how "other" women are because all the other female employees don't do it in the company of this caller. And they also don't do it in the company where the sister of the caller worked before. That is what got her fired most likely.
She behaves like a person with a personality disorder / mental illness / addiction. Or she is just a spoiled brat. Father or parents must have spoiled her, or HE would check her, no need for the son to even call in. I know a lot of family businesses where that would NOT be tolerated. Now the CEO might yell around (Dave does the same in HIS company) but the children that do not even have very special skills do not get to misbehave, take liberties and undermine the team spirit.
The son has to call in - because the boss = the father tolerates her bad behavior (coming late, yelling and on top she takes liberties with the credit card using it for private expenditures. She can ask her father for a higher wage, she can ask him to borrow her money privately. It is also very inappropriate from an ACCOUNTING standpoint.
If these are articles that COULD pass for biz expenditures - it is fraud. Will not be detected if she does not do it more often. But WHY ? And if she does it more often it is an equivalent to a wage (or a bonus) and has to be treated like that.
And if not - the company commits fraud.
Video her actions...
Get a few videos..
Sit down with dad to review videos...
Then review videos with sister...
Explain this is not acceptable from any employee... no matter who...
How many hats did Donald Trump had to wear before being Pres?
Sis needs to lose company credit card privileges
This is why you dont hire family.
I'm sure his kids are paid more than a regular employee. I'm talking about Dave.
Rachel is well liked as Ramsey personality (and she is the only one that occasionaly dares to contradict Dave - at least a bit !) So she is an asset to the biz. And I am sure that DR would not accept it if the children would not pull their weight. Likely they would not have made these careers in another company (or not as fast), but on the other hand I am sure they do a good enough job.
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She's mostly on Telegrams app with the name below.
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SCAM!!
Pathetic, you scam bots! 🤖
Bad advice. Give her a raise so she doesn't have a reason to steal from the company. 👍
No-one needs a reason to steal from the company..... a raise won't work
That's moronic.
Entitled people steal because they can.
A theif is s theif.
@@AGM-ts5bb: Thief 😉