Is This "fair"? Is This "right"? Can This Happen?

[SPEEDSPiRiT]

I have a situation here, just want to ask everyone their opinion and what you think about this?



First Person
------------
1) Took out RM1 Million to invest
2) Take 2 tranquilliser 2 sleeping pills everyday to sleep.
4 pill x 365days x 8 years = 11680 table
3) Drink at least 3 cans of beers at night
3 x 365 days x 10 years = 10950 cans
4) Salary 11K
5) Degree Holder
6) Depression (say by level 8/10)
7) Contribution to the company 120%

Second Person
-------------
1) Took out the most RM100k
2) NONE
3) NONE
4) 7k
5) Accountancy experience
6) Maybe 1.2/10
7) Maybe 50%

First person is the one who ask Second person to work for him.
First person is the one who come out with the product,business and company.
First person makes Second person as board of directors, and also GM of the company.
First person takes all the pressure, depression, scratch head, crack head, and manage the company.

No worries about the company.
Second person work normal working hours.
If the company were to go down, he wont even have anything to lose, just get another job.

Now, first person were to get a company car let's say a RM200k car.
First person want to share the car with Second person.
First drive 4 days Second drive 3 days. Seems funny right?
The car is not expensive but should this be the way?
And also it's not about the car... it's about the whole thing..

Mind telling me what you all think of this? Opinion? Thanks...

 

[slk850]

1st person should own the car.
2nd person should get his own car.

Or

1st person should own the car.
1st person find replacement of 2nd person.

B)

 

[NOSkill]

You mean first person takes sleeping pills everyday??
That sounds like me in the office. Without sleeping pills of course.


P/S: Need real situation. Your descrition is kind of confusing.

 

[sarcastic]

he is considered as an active partner as he had pumped in 100k of capital and is responsible in the company management. so to say he not need to worry about the company is just not justifiable

 

[koolspyda]

1st person need to manage 2 person by having him to take more responsibilities.

sometimes it may be difficult because of "buddy issue". Also, I would assume your are the 'founder' of the company. Have you tried to see his/her side first before coming to this conclusion.

I was in the reversed situation. never enjoyed the perks as much as the 1st person (it was 1(me) : 2.5 (him) ) and i took equal responsibility as 1st. Me owned 40% but have to bear 60% of company liabilities and responsibility level of running the office (meaning hours of work a day!!) 20hours averagely! Even then "I was forced out" when situation turned very well for the company (making good money).

Difficult to balance but "contribution" is the key. If he/she is an 'asset' turn around and make "him/her so" and you sit back and orchestrate.

Give him/her to have certain "freedom" to work for you but since 'you' are the founder and i assume you have greater controling rights, exercise them well. if he/she is an asset, he/she can contibuted for the betterment for all in the company which on the botomline means good for the controling partner.

If not, you should seek legal advise if you wanna go the other side. It isn't "really" about "whats fair", it about exercising controling stake.

 

[keithys]

Originally posted by slk850@Apr 18 2005, 13:37
1st person should own the car.
2nd person should get his own car.

Or

1st person should own the car.
1st person find replacement of 2nd person.

<!--emo&B)--><img src='style_emoticons/default/cool.gif' border='0' style='vertical-align:middle'
alt='cool.gif' /><!--endemo-->

[snapback]907040[/snapback]​

totally agree with ya....i think should be...

1st person should own the car
1st person find replacement of 2nd person

plus:

find urself an assistance
cut down on those pill.....
go get some teraphy and rest

or (what my company usually do :( ):

treaten him (which is not recomended)
throw the 2nd person tons of hard work and ask him/her to finish by a tight deadline

and in the end...dun reward him/her anything and just email him/her with a note "Thank you" ....

yeah my company pretty fuck up....so i advise u not to listen to me...hahaha

 

[TypicalGuy]

the 1st person is superman......he will work till he die....he will only rest when he die...

no one can stop him not even himself....

i salute the 1st person...

this kind of person exist wan lar....

yes it is right to do so...coz the 1st person wants it that way

 

[BlackHD]

i don't understand y at the first place the 1st person need the 2nd one since he got the 2 million. another 100k is so small, does he really need to go throu all this to team up with someone else?

 

[boggysv]

office politics :lol:

my dad was a MD in one of the companies he started/invested.
he hired a exec. director drives a 200k jap company car, and you know what he told my dad?

"The BOD concluded that we should all drive the same cars, and we shall therefore only buy you a 200k japanese car"

ignorant right?

my dad said ok, but until today, there was no company car for him, the MD.
reason being, he has other cars at home :lol:

total bull-poo right?

 

[flying bear]

office politics..........huh
actually nw i facing this kind of prob, but my capital far more smaller la, i juz started up a business wit my fren. huh he seems like a carefree person since his gf left bcoz another guy.... this happened after ours planned to start up a business together..... if u take a week to chill tats ok rite?? but he seems like taking longer period to adapt a bachelor's life. huh i rush like hell get evrythg prepared... from A to Z i hv to make decision....... boss killing oii ;) wat to do, he's the one who take nth onli effort but in the of d day i hv do 2 person works....... almost everyday i hv to check wat is he doin, hv to gv advise , letcure, and scold dunno how times lost count edi, <_< :( ........ i keep on asking myself am i really need him to help me..... :( finally i found an answer 1 person work is very limited but 1 and a half person works get things quiker....... i decided choose to work wit me..... and i dun really know when i am gonna kick his ass out of my business....... :blink:
i do need advise from pros , pls guide a sheep go astray...... thanx

 

[SPEEDSPiRiT]

thanks for all the opinion....


sometimes BOD make stupid decision that all i/we can say.
it's their company and maybe the company is gonna give them 200k but will ask them to find a 2 million business back? maybe that is the reason?

 

[SPEEDSPiRiT]

Originally posted by NOSkill@Apr 18 2005, 14:06
You mean first person takes sleeping pills everyday??
That sounds like me in the office. Without sleeping pills of course.


P/S: Need real situation. Your descrition is kind of confusing.

[snapback]907084[/snapback]​

wat do u mean real situation?
there 1 i describe is kind of real situation lo?
maybe u can ask question and i will try to make it clear for u?

 

[SPEEDSPiRiT]

Originally posted by koolspyda@Apr 18 2005, 18:20
1st person need to manage 2 person by having him to take more responsibilities.

sometimes it may be difficult because of "buddy issue". Also, I would assume your are the 'founder' of the company. Have you tried to see his/her side first before coming to this conclusion.

I was in the reversed situation. never enjoyed the perks as much as the 1st person (it was 1(me) : 2.5 (him) ) and i took equal responsibility as 1st. Me owned 40% but have to bear 60% of company liabilities and responsibility level of running the office (meaning hours of work a day!!) 20hours averagely! Even then "I was forced out" when situation turned very well for the company (making good money).

Difficult to balance but "contribution" is the key. If he/she is an 'asset' turn around and make "him/her so" and you sit back and orchestrate.

Give him/her to have certain "freedom" to work for you but since 'you' are the founder and i assume you have greater controling rights, exercise them well. if he/she is an asset, he/she can contibuted for the betterment for all in the company which on the botomline means good for the controling partner.

If not, you should seek legal advise if you wanna go the other side. It isn't "really" about "whats fair", it about exercising controling stake.

[snapback]907649[/snapback]​

yeah i think 1st take 2nd as an "asset" as 2nd has always been in the company since it started but it is just that 2nd dont put in 75% effort it in. to me i think he is getting more than wat he deserve/worth.

but there is good points and wat u said is quite true. "he/she can contibuted for the betterment for all in the company which on the botomline means good for the controling partner. "

 

[NOSkill]

Originally posted by SPEEDSPiRiT+Apr 19 2005, 09:29 --><div class='quotetop'>QUOTE(SPEEDSPiRiT @ Apr 19 2005, 09:29 )</div><div class='quotemain'><!--QuoteBegin-NOSkill@Apr 18 2005, 14:06
You mean first person takes sleeping pills everyday??
That sounds like me in the office. Without sleeping pills of course.


P/S: Need real situation. Your descrition is kind of confusing.

[snapback]907084[/snapback]​

wat do u mean real situation?
there 1 i describe is kind of real situation lo?
maybe u can ask question and i will try to make it clear for u?

[snapback]909321[/snapback]​

[/b][/quote]

I'm kind of confused about the beer part. Does he like drinking or else?? Is it company expense??

Also, I think their profit is not only the salary, right?? Maybe first person owns large sum of the company share??

 

[BlackHD]

Originally posted by flying bear@Apr 19 2005, 05:38
office politics..........huh
actually nw i facing this kind of prob, but my capital far more smaller la, i juz started up a business wit my fren. huh he seems like a carefree person since his gf left bcoz another guy.... this happened after ours planned to start up a business together..... if u take a week to chill tats ok rite?? but he seems like taking longer period to adapt a bachelor's life. huh i rush like hell get evrythg prepared... from A to Z i hv to make decision....... boss killing oii <!--emo&;)--><img src='style_emoticons/default/wink.gif' border='0' style='vertical-align:middle'
alt='wink.gif' /><!--endemo--> wat to do, he's the one who take nth onli effort but in the of d day i hv do 2 person works....... almost everyday i hv to check wat is he doin, hv to gv advise , letcure, and scold dunno how times lost count edi, <!--emo&<_<--><img src='style_emoticons/default/dry.gif' border='0' style='vertical-align:middle'
alt='dry.gif' /><!--endemo--> <!--emo&:(--><img src='style_emoticons/default/sad.gif' border='0' style='vertical-align:middle'
alt='sad.gif' /><!--endemo--> ........ i keep on asking myself am i really need him to help me..... <!--emo&:(--><img src='style_emoticons/default/sad.gif' border='0' style='vertical-align:middle'
alt='sad.gif' /><!--endemo--> finally i found an answer 1 person work is very limited but 1 and a half person works get things quiker....... i decided choose to work wit me..... and i dun really know when i am gonna kick his ass out of my business....... <!--emo&:blink:--><img src='style_emoticons/default/blink.gif' border='0' style='vertical-align:middle'
alt='blink.gif' /><!--endemo-->
i do need advise from pros , pls guide a sheep go astray...... thanx

[snapback]909073[/snapback]​

u need to kick a person out u have to spend time and money... maybe u can suggest him to take a break with some concern comment "as i see you really can't forget the past" and let him tell his cock story, then "i think u need to take a break bro... why not like this, u just take a break and go somewhere else for tour... but do remember to call or email me ok? i already prepare your trip to bangkok etc... hope u find someone u can talk to later" poison him with the easigoing chicks there la... and find your replacement. when he find out about the replacement one day when he call office, he will surely ask "what is the replacement suppose to mean" and u can just say "business need to go on man... i need help during the time you were not here" so there he leave.

sometimes if u don't take things seriously and take decision too fast, u'll get lots of trouble. e.g. if u have fight and kick him out, he will try all his best to ruin your business... u know what to do la actually... a good boss can think more far than anyone else, so are u a good boss with correct decision?

 

[SPEEDSPiRiT]

Originally posted by NOSkill+Apr 19 2005, 09:42 --><div class='quotetop'>QUOTE(NOSkill @ Apr 19 2005, 09:42 )</div><div class='quotemain'>

Originally posted by SPEEDSPiRiT@Apr 19 2005, 09:29
<!--QuoteBegin-NOSkill

@Apr 18 2005, 14:06
You mean first person takes sleeping pills everyday??
That sounds like me in the office. Without sleeping pills of course.


P/S: Need real situation. Your descrition is kind of confusing.

[snapback]907084[/snapback]​

wat do u mean real situation?
there 1 i describe is kind of real situation lo?
maybe u can ask question and i will try to make it clear for u?

[snapback]909321[/snapback]​

I'm kind of confused about the beer part. Does he like drinking or else?? Is it company expense??

Also, I think their profit is not only the salary, right?? Maybe first person owns large sum of the company share??

[snapback]909367[/snapback]​

[/b][/quote]

drink cos cannot sleep and not on the company's expenses..drink to sleep...
yes 1st person owns alot of the company share because he is the 1 who started it
2nd owns small amount only...maybe 5-7%?

 

[NOSkill]

Originally posted by SPEEDSPiRiT@Apr 19 2005, 10:28
drink cos cannot sleep and not on the company's expenses..drink to sleep...
yes 1st person owns alot of the company share because he is the 1 who started it
2nd owns small amount only...maybe 5-7%?

[snapback]909504[/snapback]​

Also, what's the relationship between them?? It seems pretty normal if they're father and son.

 

[SPEEDSPiRiT]

Originally posted by NOSkill+Apr 19 2005, 10:59 --><div class='quotetop'>QUOTE(NOSkill @ Apr 19 2005, 10:59 )</div><div class='quotemain'><!--QuoteBegin-SPEEDSPiRiT@Apr 19 2005, 10:28
drink cos cannot sleep and not on the company's expenses..drink to sleep...
yes 1st person owns alot of the company share because he is the 1 who started it
2nd owns small amount only...maybe 5-7%?

[snapback]909504[/snapback]​

Also, what's the relationship between them?? It seems pretty normal if they're father and son.

[snapback]909628[/snapback]​

[/b][/quote]


i think they are not father n son gua...
cos both their age is about the same?