I completely agree with you Snow! My business is MY business, PERIOD!
I’ve had a couple of unique & new potentially revolutionary in a business start up context stolen simply due to not thinking /Lazy / too much pain to do the stairs, up to my secure PC’s instead using my iPads or phone to communicate…..
Trust me when I say I don’t believe in coincidence when it comes to business or $$$. Hell after my 1997 accident where I fell through the 2nd+ Story rotted floor, into the basement unwittingly pulling a bunch of crap down on top of me. Once again a was put into a light coma as they had to do a lot of painful surgery on me very quickly so they kept me knocked out for 4 days while they worked to put Humpty Dumpty back together again.
I had built a successful chain of 33 Cutting Edge furniture stores in the Midwest, with no help from 2 lazy partners. Accountant 8% ownership, operations partner started at 10% and I gifted him an additional 30% over 3 years. I had been communicating with bankers and manufacturers around the globe to expand nationally with backing & logistics for 300 more stores over the next 2 years.
When I finally awoke my Surgeon / Friend told me not to worry about work, my accountant had brought in some documents for him to sign while I was incapacitated, to fund a manager etc. to cover things while I recuperated. Standard boilerplate contract….
Once home I couldn’t reach either partner, nor log on to the company server & my company phone was turned off??? As it turned out my GOOD FRIENDS since High School that I made partners, INSTEAD of employees! had sold themselves MY COMPANY!!!
They had been secretly reading all of my communication with the banks & manufacturers & thought they could do it better by themselves! Found a FRIENDLY Chicago Judge, showed him the Dr. signed documents stating I was incapacitated (without the for a week or so sentence) who signed over my company to these idiots for $1, yes ONE DOLLAR!The accountant had done some spreadsheet magic! After 4 years of working nights & weekends while juggling my real job to build this unique & very cool company from scratch after finding it impossible to find cool furniture for a loft I just bought! With all the loft construction in Chicago and other cities it was a no brainer! License great designers, and design my own with the help of countless artists! Display up & coming artist in all my stores. Have it built and sell unique stuff available in only my stores!
ONE DOLLAR!
The idiots were too dumb to realize that the bankers were my clients, and I was putting together an IPO for the manufacturers! 2 phone calls and I killed the company….Both the bankers & manufacturers wanted nothing to do with their kind.I felt bad for the employees, but many quit as soon as they found I was out. Eventually I collected Some of my money,I think my lawyer got more than me, but the idiots lost everything….
By no means a win for anyone, a learning experience? Everyone involved!
I now trust only one human and that is my AMAZING Wife!
Ive also realized I can talk to my dog about anything, I get his undivided attention right up til I give him that treat!
Happy New Year!!!