learned firsthand how to handle
home economics up close and personal.
From: Steve Jones
Sent: Friday, March 18, 2022 12:15 PM
To: AnimalFarm Microwave Users Group
Subject: Re: [AFMUG] Ot: vauluing an investor
My wife came from a home with allowance. There were many fights over the last
18
ll home!
> On 3/18/22 10:34, Chuck McCown via AF wrote:
>
> Heck yes. I grew up on a farm and ranch. Nobody ever paid me other than
> food and board.
>
> *From:* Sam Lambie
> *Sent:* Friday, March 18, 2022 10:21 AM
> *To:* AnimalFarm Microwave Users Group
> *Subject:* R
home!
On 3/18/22 10:34, Chuck McCown via AF wrote:
Heck yes. I grew up on a farm and ranch. Nobody ever paid me other
than food and board.
*From:* Sam Lambie
*Sent:* Friday, March 18, 2022 10:21 AM
*To:* AnimalFarm Microwave Users Group
*Subject:* Re: [AFMUG] Ot: vauluing an investor
So that
Heck yes. I grew up on a farm and ranch. Nobody ever paid me other than food
and board.
From: Sam Lambie
Sent: Friday, March 18, 2022 10:21 AM
To: AnimalFarm Microwave Users Group
Subject: Re: [AFMUG] Ot: vauluing an investor
So that is what having kids are for? Indentured servitude?
On
So that is what having kids are for? Indentured servitude?
On Thu, Mar 17, 2022 at 2:59 PM Steve Jones
wrote:
> I really am hoping my boy gets behind it, I want him to vest in 5 years.
> but with another partner it may not work that way
>
> On Thu, Mar 17, 2022 at 3:30 PM Chuck McCown via AF
>
I really am hoping my boy gets behind it, I want him to vest in 5 years.
but with another partner it may not work that way
On Thu, Mar 17, 2022 at 3:30 PM Chuck McCown via AF wrote:
> I really dislike partners that are not my kids. I would not ever give up
> controlling interest. I have had so
I really dislike partners that are not my kids. I would not ever give up
controlling interest. I have had some 50/59 deals that worked.
Sent from my iPhone
> On Mar 17, 2022, at 11:44 AM, Steve Jones wrote:
>
>
> So im buying out a friends business. Not big, small drill and such. Enough
>
He does have labor, but its commercial alarm, structured cable type labor,
i dont know that hed be able to keep staff sending them out for shovelwork.
He gains access to underground, has some benefit to him on the commercial
work, but limited to specific project work.
He wants my brains, i want to
Be brutally honest with him about what your expectations are, and what
you think his return might (or might not) be, and map out exit
strategies for both of you (just him, just you, or total bail out).
bp
On 3/17/2022 10:44 AM, Steve Jones wrote:
So im buying out a friends business. Not big,
See if he’ll give you a loan with a good interest rate (for him) instead.
(6-10%)
If you do give up some ownership I wouldn’t give up more than 25% unless
it’s a total 50-50 type work environment. If his only contribution is
money and not labor then keep ahold of as much as you can.
Good luck!
My father always said never take partnerships if you can help it. I didn't
listen to him and now I am a partner with my brother. We still like each
other.
On Thu, Mar 17, 2022 at 11:47 AM Steve Jones
wrote:
> So im buying out a friends business. Not big, small drill and such. Enough
> that a guy
So im buying out a friends business. Not big, small drill and such. Enough
that a guy can get started and build upward. I just am afraid of heights
and want to get lower and build something with my kid.
I have an interested party that made me an offer, it will get me a second
truck and mini excava
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