I’m Firing People That My Late Dad Hired…

I’m Firing People That My Late Dad Hired…
Start growing in business and leadership with the EntreLeadership Newsletter. Sign up to receive tactical tools, advice and resources in your inbox every week: bit.ly/3ktHxiM
Support our sponsors:
• NetSuite: bit.ly/NetSuiteEntre
• BELAY: bit.ly/351P9AE
• Payority: bit.ly/3IaA5SK
• Trainual: bit.ly/3EbBEgc
Learn more about EntreLeadership Events:
• EntreLeadership Summit: bit.ly/EntreLeadershipSummit
• EntreLeadership Master Series: bit.ly/EntreLeadershipMasterS...
Learn more about EntreLeadership Coaching:
• Elite: bit.ly/3tI2fN8
• Advisory Groups bit.ly/EntreLeadershipAdvisor...
• Executive Coaching: bit.ly/EntreLeadershipExecuti...
• Workshops: bit.ly/EntreLeadershipWorkshops
Find out what stage of business you’re in and what you can do to level up with our Stages of Business Assessment: bit.ly/45RXQaZ
Learn more about your ad choices: www.megaphone.fm/adchoices
Ramsey Solutions Privacy Policy: www.ramseysolutions.com/compa...

[@anthonya2349]

Next call: Dave I'm 60 and getting fired from a place I've been at 35 years because the owner died and his punk kid took over.

[@mosquitofleetfishing6599]

😂 it’s coming

[@dlyras]

And Dave’s response: I’m so sorry. You deserved better than that. That young man has a lot to learn about loyalty. If he ever called this show I’d give him a piece of my mind.

[@JL-ds1pi]

Nah. Dave has always told people to not assume that their loyalty at a company will mean that they won't be replaced.

[@michaelsanders5578]

😂😂😂😂

[@davidhickenbottom6574]

That sucks.

[@jamesritchie8540]

Had an older accountant say it’s not what he does but what he knows that makes him valuable to the company… He liked to leave early every day…. Usually 30 to 35 hours a week

[@NotMuchHere]

its possible that some of those older workers are slow but vital. Dont cut off your best people /experienced and knowledgeable/, because they are just aging.

[@NotMuchHere]

I am going to say this another way, if they are a good worker and slow and you replace them with a younger worker, who does not want to work, or know how to work, or quits in a month (or less ) are you really better off?

[@josephinenatsui4267]

Good point

[@Papiiswagg]

I agree. The old timers are there for what the know not what they do. You gotta use their best atributes which is their experience.

[@MichaelJones-rn2pq]

I talked to a young guy who was made foreman of a construction company. He was constantly on a foreman for moving slow compared to his younger friend and was looking to fire him. The owner called him over and said, "Let's watch for a while. Young guy runs down, goes to the bathroom and then runs back up on the roof. Old guy gets down slowly, uses the bathroom, fills his nail apron, picks out the 2x4s for the next step, finds a tape measure and puts it on the crate, and talks to the crane operator to tell him what's going on with the rafters. New guy yells at old guy to hurry up, and then has to run down and get nails and finds his tape measure on the crate, and annoys the crane operator arguing with him over what's going to happen next...but all at top speed. The budding foreman felt a little sheepish that he had missed all of this, but then that is why the owner was the owner. So I tell this young guy to "Measure twice and cut once" when it comes to your work force. He might be right about employees but make sure he can actually upgrade. Better yet, go read 1 Kings 12 and see how NOT to run a place.

[@_Y.Not_]

Exactly! Young man in video is not seeing the full picture at all.

[@NeeNee_B.]

Great advice!

[@jonny-b4954]

That's because old timer KNOWS every single step of the process. Like me building a screen room. He is not even really "thinking" 5 steps ahead, it's just so ingrained in him. Young buck is running at full speed, like chicken with head cut off, but forgetting the small things. Not having all tools on him, forgetting "we gotta do this first or it's gonna be more work" not having a game plan that everyone knows etc. Old timer knows this is a 5 hour job and it doesn't matter if you can get it done in 4 hours and 40 minutes. It's not worth it.

[@WISHBONEL7]

​@@_Y.Not_ Hopefully he reads this comment section .

[@LawrenceTimme]

You have to be really careful firing long term employees like that. Sometimes they make the job look easy or they dont look like they are working as hard, because they absolutely 100% know what they are doing and have done it 1000 times. Then you geta new guy in whos got minimal experience and he runs round like a headless chicken, but the efficiency goes down and he makes mistakes. It looks like he working hard though.

[@veramae4098]

The Director of Housekeeping in a hospital retired, along with my Mom (Ass't Director), another Assistant, and a worker retired together. Hospital was delighted, thought housekeeping was too expensive. Six months later hospital called all of them and asked them to come back at least part time. Everyone said "no". Hospitals are inspected for bacteria regularly by the state. Under the old crew they did great, and were placed on a once a year inspection. Under the new crew they and being inspected once a month and reamed out for such a lousy job!

[@pewdoesbully]

@@veramae4098I love that story, thanks for sharing. I hope the hospital loses money to learn a lesson

[@paulstrauss9146]

100%. I long ago stopped getting paid for what I do. Now, I get paid for what I know. It often doesn't appear that I do much, but five companies that no longer exist have discovered what happens when you let people like me go because they're all protestant work ethic cranked up because I'm not busy looking busy.

[@connormccloy9399]

You don't have to know everything as the CEO, but you do have to know what you don't know. If you're not aware of your areas of weakness as a CEO, you're not qualified to be the CEO.

[@jamibeckham4544]

And sometimes their clients are there, and stay there for the salesman. You had better be careful because they could leave you.

[@sct4040]

I am a “senior” employee, some didn’t think I did anything. The reality is, I am experienced and can do things very quickly since I know it inside and out. Once I retired, they found out😂. It’s like that with every one of my jobs when I leave. I am that kind of worker. I use my brains first, in order not to work harder.

[@Odin31b]

I like the call back and salary increase. Fix the problems again and then leave cause honestly the owners never change.

[@chrisfoxwell4128]

As a senior employee, what percentage of coworkers have you had that have been slackers, do the bare minimum, or hope someone else covers their work?

[@conradvonhotzendorf1128]

@@chrisfoxwell4128for me, it’s about 30% within the first month, because they usually get let go very quickly. After that it’s very rare for us to have someone who’s blatantly lazy, but someone always slips through the cracks. For employees that have been here for years, it’s very rare to see one who’s lazy, because they usually either get promoted to where they’re doing less work and more supervising, or they stay in their position because they love it and are very good at it. Sometimes it looks like they aren’t doing anything, but it’s because they are very efficient and know the job inside out.

[@clipperbob960]

I can relate. When I leave a job I am replaced with 5 people. They start with 3 people then 2 of them quit so they have to rehire them. Note: the reason they needed so many people isn't because I did the work of that many people it is because I was an expert in separate and distinct fields. Interestingly, those companies were "saving" money by not providing adequate raises or promotion from within. I don't know how hiring 3 people verse a $5K raise makes mathematical sense but oh well. The one job the head hunters called me for 3 years afterwards trying to get me to apply for the job I left because people just kept quitting on them. LOL. Two of those jobs I offered my help during transition and told to say home then I get called because their entire operation completely stopped. To your point, they eventually find out what they lost but I could care less as I shut those doors when I opened the new one.

[@powderriver2424]

Yes, that is a scenario within business, however good leadership requires observation and understanding of seamless operations, then there is complacency within a job that turns efficiency into a bottleneck slowing down or altering efficiency. It takes leaders, that are hard to come by for sure, to recognize the difference, whether this guy is speaking in this term, is a guess on our part because we only know a fragment of the story.

[@lgrantnelson2863]

Worked maintenance for a company that had me reconfigure an office while the occupant was on vacation. The next Monday when he came in from vacation he's going what happened to my office? They came down and handed him his retirement packet and told him to take it or leave it. He was shocked and became a bitter man. I feel bad that I had a part in his demise. Twenty years later I still remember. Happened to several other people.

[@davinasquirrel7672]

That is brutal.

[@paulstrauss9146]

He should proceed with caution. Very often long term employees don't get paid for what you see that they do, they get paid for what you don't see that they know.

[@n.w.414]

I don’t think Dave asked enough questions on this one. He missed quite a bit.

[@WISHBONEL7]

You are *EXACTLY RIGHT* , hopefully the young Man looks at this comment section .

[@clipperbob960]

I have two issues with the caller. First he says he is working to improve the “culture” followed by “work ethic.” Great buzz words but he is mistaking “work harder” with values, attitude and how the employees treat each other as well as the customers. If someone is really concerned about culture firing people is not going to improve the culture it is going to spread like an infectious disease and destroy the culture. Nobody wants to work at a place that looking for a reason to get rid of you. This place is making $12 million with 70 people. So what is he thinking if he cuts 5-8 people he can make more money? If each of them made $100K that still nets him $5 million a year. Second problem which is a HUGE problem. He said he has been working with his father for 10 years at the company and in all that time he can’t work with his father to find a solution to the “work ethic” problem? Not one time! And why is it that he father who likely built the business isn’t seeing the same issue? To this end, I strongly disagree with Dave that this man has any leadership skills. If he did he would have started getting involved 5 years back not waiting until his father is gone. A leader would set new policies and expectations. Make people be responsible for their outcomes or quotas and have them sign off that they have read the policies and new expectations. Use a simple metric that everyone knows up front what they have to meet and if they don’t you follow up by coaching them then when that doesn’t work you are left with letting the person go. It is clean, clear and unbiased. The difference is that the person was given every opportunity to improve. I can tell you that when someone sees that they are not cutting the new standard or dislikes the new “culture” they will self-select out on their own and find a new job. Not one time did this guy say anything remotely close to what a leader would say. Firing someone is not leadership that just makes you a boss. It is cowardly to IMO. Any moron can fire someone, leadership involves skill. Anyone know who General Patton is? Do you think he just fired his solders? No he got them to put their lives a stake for him. I guarantee not one of this guy’s 70 employees would follow him into battle. I am going to make a prediction that in 10 years that company doesn’t exist anymore.

[@WISHBONEL7]

You made a bold prediction , I wish that the guy would do a follow up call in a couple of years . I really wonder if his disrupting the culture might be a bad idea , especially when it comes to experienced employees .

[@davebrown5130]

27 and way beyond his years. His father would be proud❤

[@cashway0420]

He hasn't even proved himself yet lol maybe 10 years down the line when the company is still successful or has grown they can celebrate.

[@davebrown5130]

@@cashway0420 You are obviously not a father.

[@cashway0420]

Why would you assume that? Your comment doesn't make sense...@@davebrown5130

[@cashway0420]

You've obviously have never ran a business before.@@davebrown5130

[@_Y.Not_]

Are you kidding me, he is not seeing the full picture, he full of ideas and has a vision of what he wants, reality will kick him in the ............

[@Cent51]

There is always that one guy that wants to re-invent the wheel and put his stamp on everything to show how smart he is and he is the boss, which in the end just makes the business worse..

[@gstar876]

He should try company wide training about the new culture he wants to establish and give them an opportunity to change. You can all out general poor behaviors and why they are bad without directly pointing fingers at someone. Letting go persons with institutional knowledge is also not a good idea.

[@privateinfo1711]

I am aware of a situation where an older lady was an admin for years. After 35 years, she was let go because she refused to learn needed computer skills. This was causing other employees to do extra work.

[@sct4040]

Next video, my business is down the drain cause I fired all the senior employees who know the job and how the business runs.

[@tristenrogers4369]

Exactly, fire employees who know how to do things 5x faster and 5x more efficient than anyone else and he’ll wonder why things suck now. People think that efficiency = laziness but someone who is inefficient but looks busy gets all the praise

[@sanjayaiyar4351]

You guys are making a whole lot of assumptions.

[@Kharnellius]

You are too. In fact, we all are since we’re not in any way involved with any of these people.

[@dagobert1234321]

@@sanjayaiyar4351 nope, seen it happen before

[@user-pn6rd6fv9w]

Guarantee it

[@cashway0420]

I'd have a hard time taking direction from a kid who had a business handed to him, I'd definitely be looking for a new company if I was told I wasn't pulling my weight by someone who hasn't proved they can pull their weight yet. I think he knows the long-time employees have doubts about his leadership skills (as they should) and probably feels the pressure as the new leader. My dad worked for the same company for 30 years and chose to retire when the company got bought by new owners, he said it was a completely different atmosphere and a bunch of others employees quit and retired too.

[@teoshaetuk3616]

He said he worked there for 10 yrs

[@teoshaetuk3616]

He said he worked there for 10 yrs

[@teoshaetuk3616]

He said he worked there for 10 yrs

[@teoshaetuk3616]

He said he worked there for 10 yrs

[@teoshaetuk3616]

He said he worked there for 10 yrs

[@bigcatdaddy7573]

He’d better think twice, Dave doesn’t know everything! His dad had him for 20 years for a reason, he probably knows how to do things very quickly & thoroughly.

[@cmitch5493]

He's in a delicate situation. On one hand, he has an older crew who has the knowledge and they feel entitled to take it a little easier because they've been there a long time. On the other hand, he feels that this old crew isn't pulling their weight and are not working as hard as the younger less experienced crew. He really needs to keep these guys until they demonstrate to him that they are toxic to him and the business, otherwise he WILL find himself shooting himself in the foot rather than saving the business. He has to know that these guys have been there and done that, that they have earned their reward to have an easier job mentoring, directing, and supervising others with less experience. He must also understand that ALL of his employees are watching him and they are going to judge him as a good leader or a bad one based on how he treats the elder crew. I started at the very bottom as a machine operator 40 years ago and I am now the general manager. I, too, have experience dealing with an older entitled crew, one of which was very toxic and I would've had to fire him but he quit/retired. If you start walking in and slinging the hatchet around, things will not go well with you.

[@_Y.Not_]

I think this is wrong. To take employees who have been with the company for years, contributed greatly to the success of the business and toss them aside because they may have slowed down a bit is foolish from a business perspective and a personal perspective. What young man doesn't realize is that he is getting rid of years of experience in his company which is huge, he's showing younger employees that he is not loyal and that he has an immature outlook. "Pulling your weight" in a company is relative and I don't think he understands just how much they have contributed and are contributing, but I think he will find out when he lets them go.

[@USMC6976]

He will never recognize it.

[@mahmoudanabtawi]

@@USMC6976Yes. But if he want to take his business in a certain direction, those so Loyal employees should also “pend the knee” to the new leadership, or they should start looking for new jobs ASAP.

[@dgs8011]

Why didn't Dave push him on what was wrong with the employees? I didn't hear him say the people aren't working. He was super vague about "not a part of the work culture." Dave heard that the guy's heart was hurting. I heard that he was looking for permission to can people for vague reasons.

[@woody3162]

I work for a company that sold to a new company. Us as employees where told how much better new company is goin to be. New company came in changed all kinds of things. Senior employees said the hell with it quit. New company can't get the quality of product out costumers not happy. New company now has a turn over rate of employees of like 25 to 1 for a year. Losing partnership contracts. The new company has kept the old name but not the old quality.

[@AGM-ts5bb]

Are they less productive because they are aging? Put them in less demanding, but productive, positions.

[@user-vl8qw8hp1g]

I have a feeling that this young man is about to send his father's business into a death spiral in the name of "creating a new culture" in the business. Dave was comparing his situation to the caller's, and they are as different as night and day. Dave is STILL HERE to offer his own son guidance. The caller's father is no longer available to him to provide insight and input. Far too often, when the boss's kid takes the reigns, they "have a vision" for how to take the company forward. More often than not, they end up destroying the business in the name of creating that vision. They cut a few of their "old timers" loose, and it all goes to hell in a handbasket from there, because no one has the necessary skills or knowledge to keep the company going once those "old timers" are, as Dave said, "given the opportunity to retire gracefully." Then again, this is the SAME Dave Ramsey who has said that married couples should not have separate bank accounts, but that's a rant for another day.

[@rutgerniemeijer]

Can I ask for that other rant? About married couples and bank accounts? I'm curious as to why you say they should have separate bank accounts.

[@cheezeball6109]

Yeah my whole thing is why not made some of those changes when the dad was around or involved but all of a sudden the whole culture needs to change when he has control of the business? Yeah this guy's going to send it right into the toilet.... This is what happens when you have a Gary vee and you know Facebook founder type who thinks they know everything. A little time will tell eventually

[@kingjuju6675]

This conversation hurt but definitely a necessary conversation to have.

[@christopherdolack7110]

With your compassionate aporoach of treating employees with respect and fairness, of giving them the opportunity to change and keep moving forward with your business, your employees should thank you and their gratitude be expressed in their enthusiasm to generate anew, the profile of your business which you envision.

[@codystockton3799]

As someone who has a small manufacturing company, it sounds like hes getting into some weeds. Im still amazed at the things i didnt know at 10 years in. They may be sand baggers...or they may be the reason you turned profit despite the loss of your father, the economy and the labor roller coaster.

[@betsyoman7173]

If keeping the older folks only slows the growth, try to keep them a little longer. If they actually hinder the company or cause the company to go backwards, then you've got to let them go more quickly. Be patient, maybe you can bring some of those oldsters (who still need the job and do fairly good work) along if you just work at it a little bit.

[@davinasquirrel7672]

What I did not like was the way this 27yo kid laughed at certain points. Not a nervous laughter, but more of ego/maniacal laughter. Creeped me out. He is still very much a kid to be taking the helm. It has come before he is mature enough. Like sure, there may be one or two that are chillin' back. But I guarantee there are others that have seen it all, know all the problems before the kid does. He needs to identify the most savvy senior there, and make him a 2IC, and also be his compass and sounding board, particularly for his 'grand ideas'. The worst thing anyone can do to an established and successful business is make dramatic and rapid changes. Small increments of change. I remember one workplace when I was in my mid-40s, managerial experience prior to that company (but hey, doing a lot of the contract manager's work). He was mid/late-20s. So was his brother, and a more minor contract role went to his brother, with zero managerial experience. The brother always gave the appearance of work, but bunked off at every opportunity. But watching them both from my age and experience, they were still kids playing in the grown-up sandbox. I kind of hate the youth culture going on today, experience and the gained knowledge counts.

[@maryjoness2898]

i wonder if by work ethic he means a 50 hour work week with no overtime.

[@Excalibur2]

Yeah, making any changes to staff when his father thought they did well seems like a bad idea. It could have a cascading effect. You let one go, the atmosphere changes, suddenly there's all these blind spots that they were working hard at that they aren't motivated to go above and beyond any more and new replacement employees cost way more.

[@blodus4521]

Counterpoint: employees who have been with a company for awhile and know the owner can get too comfortable and start slacking off. The old owner may not have noticed or may have overlooked it because they were friends. His son has a different perspective.

[@JacobsNews]

​@@blodus4521in my opinion when the dad grows a 12 million dollar business with 70 people and passes the 27 year old kid always runs it into the ground 10 years he'll be filing bankruptcy call Dave asking how he lost everything

[@Kevin-wj4ed]

The only time you have total control is when you work for yourself!!!!!!!!!!!

[@coderider3022]

Need to be fair and objective when doing this stuff. People go through phases of being good and bad so it’s ok to check progress and reevaluate things. Loyalty matters though so there is a warning here.

[@kokoskokso]

Slackers and people with special privileges are incredibly demoralizing to reliable hard working employees who aren't taking any shortcuts.

[@dmoney8373]

You may be firing relationships with vendors that are resulting in lower costs, historical knowledge of systems, etc. Not saying you can’t do it, just be very careful.

[@corinnespanelewski4732]

Good luck replacing those employees.

[@donmccaig]

Everybody in this comment section is acting like there's never in the history of working ever been an old guy phoning it in. This young guy isn't just chopping heads to make a point. It seems pretty clear that there is a specific guy at work that is having a bad influence on the rest of the staff. He may be good at his job, but he's making everyone else bad at theirs.

[@pollynicklas5220]

Most of the long term people where I work have a very good work ethic. The ones that don't are these youngsters - walking around, talking nonstop, callling off, etc.. It's so hard to bust your ass while these other people just do whatever. The help situation is at a critical phase since Covid also. Less people putting in applications, etc. Don't know what's ahead in the future, I only have 3 years to retirement age and I don't feel like retiring yet due to my physical shape which is good!

[@suzannekeith7304]

Dad ran the company successfully. If there was dead weight, he would have gotten rid of them. Son worked with Dad for 10 years, and the conversation of getting rid of employees never came up? Probably because dad saw no problem. I disagree with son. There is a lot to be said for loyalty.

[@57_Triumph]

Treat this employee with respect. The problem with this employee is not that he changed, the fact is the company changed. If the employee can’t or won’t change, then they need to part ways. But do so respectfully. This 27 year old business owner will do well.

[@milworks]

Hard part is people find it difficult to see the respectful part of getting fired.

[@cboutdoorfun9955]

As long as you are looking at the performance of the employee not how hard they "look" like they are working. Look at production if he produces 50% of the other employees they yes he isnt contributing but if he produces the same amount as the other employees than he's not lazy. Also did his work ethic go down after the dad passed.

[@justin2956]

And this is why second generation business owners almost always tank the business.

[@kansaidan2302]

Oh ..... the irony. 'Senior' Dave can't seem to see himself in the crosshairs. What is the value of age and wisdom? Apparently not much in this company. If it's a successful company handed to wet-behind-the-ears kid .... then maybe he ought to take a while to think this issue over.

[@oblivion85]

What he should do is give everyone a raise and with that raise comes new standards. One thing you shouldn’t do is make people work twice as hard with the same pay.

[@jonny-b4954]

I wouldn't do it.... things work, keep them working. You'll be surprised at the lost efficiency, constant BS that pops up, things you didn't even know existed or were problems, when you get rid of the old timers. I don't think this guy was genuine, it was his chuckles....

[@mikehenkes]

The longer you do something the hard change becomes, In a leadership position myself it's hard to work with people to move forward towards change. After 60,90,180 days and multiple attempts you'll just have to cut them loose.

[@juliebenich5459]

He’s a punk kid! The older workers usually have the better work ethic!

[@user-mf4gz3sp1q]

..."usually" and baseless assumptions...you're not ready for these conversations...

[@leroygeorge352]

Not true at all

[@keithb3801]

You definitely have to handle these situations carefully or you could lose a bunch of your workforce and really be in a difficult spot.

[@Doors067]

These choices are what you call career enders. Its one thing to fire a 30 year old but a 65 year old may never find employment again you may literally destroy thiere lives

[@HugoLopez-nm1qn]

People hating but if he is calling he cares about those older people. Maybe they do slack or just know how to make things happen quick

[@sharvo6]

HARSHER IS THE WORD. " Work" ethic is window dressing when you don't know the particulars.

[@azimuthbusinesscenter]

if firing people is based on measurable standards, the potential drama is the level of problem that the person has inside of them

[@kungdu]

I would called bs and its either work harder or quit.

[@gregorysampson8759]

Daves fired so many people he has it down.

[@carguyuk7525]

You are not a charity. Do what you need to so to protect your business. Be fair, transparent and allow your employees to step up or go.

[@joefunk76]

He’s gonna step up, not because he loved Jared’s dad (whether he did or didn’t), but because he’s got bills to pay. 😮

[@user-fj6ts6bt7z]

If your company has a cancer, you have to get rid of it. I've seen long time employees get fired because of their arrogance, ego or stupidity thinking the company can't make it without them. You have to decide if the person is a cancer bringing other people down or simply a headache that needs an attitude adjustment.

[@bettysmith4527]

Two sides to every story!! Has this guy lowered his productivity because he gets paid shitty and hasn't has a raise or a positive compliment in 25 years, or is he really a lazy bum!! Self reflect on this as an owner FIRST!

[@JacobsNews]

is the 27 year old kid just looking at salaries and wants to buy a Ferrari😂

[@desimo147]

At just 27 years old, you tend to look at things in a very black and white way. That can be good, but it can be bad as well. Some of those senior employees may not work that hard, but they likely have critical knowledge or relationships that are very hard to replace. And what if one or two of them decides to join your competition, or they start up their own company, steal a bunch of your employees and then end up competing with you? I do agree with Dave that if one or two of them are completely useless, and you get rid of them, it will send a message to those who remain to shape up. This could also improve morale, as your best workers are likely resentful towards those who slack off.

[@jrs4ex]

I bet this guy started off sweeping the floors of that warehouse as a kid and had many roles before his father passed and he’s now running the show. I always had more respect for 2nd and 3rd generation leaders/owners that truly worked there way up rather then just getting handed the keys one day because their DNA said they’re next.

[@cashway0420]

That's a big assumption

[@jrs4ex]

@@cashway0420 How far off could I be? What I described is one of the keys to success with multi generation family businesses. The ones I’ve seen first hand where the kid had a silver spoon mentality instead of learning the ins and outs of the business and working many roles almost always failed.

[@cashway0420]

He didn't say anything about having to sweep floors though, you're assuming that. Most kids that grow up rich don't have the same drive as the previous generation that built the company from the ground up. The ones who built it from the ground up had hanger and had to work hard to survive. Only time will tell if he has what it takes but he just took over so he hasn't proved anything yet. Also, the ones who built the company were able to take it one step at a time and learn/gain experience as they went, they started off with a small company and only expanded the company when they felt comfortable and had the knowledge to do so. This guys getting thrown into something that may be way over his head, there's a reason why big companies looking to hire a new CEO or leader want someone very qualified and with a lot of experience, there's a lot of peoples jobs on the line... they idon'thave rich dads to fall back on. There's plenty of statistics about generational wealth and how it doesn't last.@@jrs4ex

[@_Y.Not_]

I'm amazed at the number of people in the comments who have a whole scenario worked out in their head, presented as facts but really have no clue whatsoever.

[@JacobsNews]

​@jrs4ex Way off in my 20 years of working and now owning a business I've never seen a second or third generation do better than the first generation at least in Blue Collar or retail

[@random-nz7dy]

As always you'd like to hear the other side to this. But I feel like I hear in this guy's voice sadness. I think he has a different aggrsssive vision for growth than his dad. And now, He's realizing that to accomplish that he's going to have to undo a lot of what his dad did as far as culture etc. I think there is a grief in feeling his dads "spirit" leave with his new/different ideas.

[@JacobsNews]

Dad that grew a 12 million business with 70 people the kid will probably run into the ground in 10 years😂

[@zachschwartz1586]

I know plenty in fact a plethora of lazy people from older generations

[@nancysexton545]

also many lazy young people who have no work ethic and expect to slide by because it's not fair that I have to work hard!! two sides to each coin!

[@_Y.Not_]

apparently compared to this youngest generation companies are specifically asking for older workers in job advertisements because of the difference in work ethic and ability.

[@USMC6976]

Just don't replace him with a younger individual. Those age discrimination lawsuits are expensive. What was wrong with the old culture? And did it really need fixing so rapidly?

[@anthonykeller5120]

You should look at Jordan Peterson’s spot on review of the Pareto Principle. The Pareto Principle is quite old. The Principle states the square root of the number of people working on a project (company wide might be a project) does 50% of the work. Doesn’t sound like much when it’s only ten people working. When you get up to 10,000 employees, you are talking about only 100 of them doing 50% of the work. The hard thing (based on my own experience in business) is getting people who will fit into that square root group. Somehow people like Musk seem to be able to do it, but then look at the people who think he’s a tyrant, not ethical, immoral, etc. On the other hand he’s very successful at getting his dreams to come true.

[@tacticalheadlampwithstrap3184]

I’m going to fire all my people because I want to hire people part time. I don’t like paying for benefits. I also want to pay considerably less. It’s part of the culture I want to create.

[@drmodestoesq]

What you do is wait until there's an economic downturn. And use that as an excuse to fire all the old Baby Boomers who shuffle around a tenth of a mile an hour. And say to the other employees, it was a painful decision but I did it to save the company. And by inference, all your jobs.

[@thesauce669]

There is a lot of dead weight in many businesses. People get really complacent at work.

[@meganeisemann754]

That is so manipulative and twisting the situation to say “help you gracefully retire” no it is firing them, this means they are entitled to unemployment plus if they want to bring a lawsuit against you for wrongful terminate it makes it easier.

[@jillgott6567]

So Dave's son is now Pres. Whereas, his daughter who has been with the company longer isn't. hmmm

[@karnypharax1917]

Srsly everyone in the comments seems to envision that this caller's father must have had some deep battle buddy blood brother life debt with the employee and the only way he could honor it was with a 9 to 5 (limited benefits) job at his small business. Now this son is about to spit in the face of DECADES of blood, brotherhood, and honor by giving Jim Bob a pink slip. Prob not the case. Anyone stop to consider that the father might have fired the employee himself eventually?

[@JacobsNews]

Most of the comments also assume that the father was some kind of soft man who built a 12 million year business with 70 employees and the 27-year-old grieving kid is a genius😂 the kid is most likely looking at salaries and looking at Ferraris and Lamborghinis

[@snowmizer8302]

This is extremely aggravating, "let's get rid of everyone who knows how to make the place successful " dave saying his dad would be proud, his dad would be pissed. Caller didn't say they didn't work, he said they didn't fit his "culture " ....bunch of crap

[@mominthe209]

Is this personal? The “old guy” may have been disrespectful or nasty to Jared as he was the owner’s son. Is the employee saying the infamous lines, “When Sr. was with us, he didn’t do it like this; your dad wouldn’t have done it like that.” If none of this applies, I would have the talk just like David presented it. However depending on your state, you might get sued for firing him.

[@_Y.Not_]

Making up scenarios in your head about a company you know nothing about is ridiculous.

[@TempeSoldier123]

Did they get the job done effectively and efficiently? He’s one of those nepo babies who want to create a corporate “culture” to a business built on loyalty and trust. The culture he’s looking to create is gonna be the end of the business.

[@sleepyjoe1685]

This guy will run the business into the ground. I feel bad for the employees. He's 27, and no one respects him.

[@userJohnSmith]

Could go either way here, but this guy's 27. He doesn't know a damn thing. His judgement is uninformed, even if it's correct. Someone needs to tell him that.

[@JayJay-ii5un]

Sounds like this guys going woke and soon to be broke.

[@datapark9118]

Rsmsey giving some more bad advice lol

[@NowWeWorldwide]

Dave fluffs his audience more than anyone. lol. he’s firing institutional knowledge. business straight to the shitter. we quit.

[@bobbytheblade2550]

Cleaning house should have been first order of business. Day One - Fire the old guard. Move on!

[@toddgriffis3860]

I now will not be watch Dave Ramsay ever again! Horrible advice. Did not ask if he pays excellent to expect excellent work.

[@Swalley311]

Microsoft and WNBA sux.

[@miketheyunggod2534]

Imagine a millennial stating that someone is not pulling their weight. How ironic.

[@Drenwickification]

Yes because everyone that was born in the same 15-20 year period are exactly the same

[@mph5896]

What an ignorant comment

[@wufflerdance9481]

plenty of hard working dependable on time millenials in the work force. there are lazy slow people of every generation working

[@semosancus5506]

​@@Drenwickificationwill they were raised in the same cultural fabric which is utter garbage. Some are so strong they come out fine regardless... But the middle of the road ones fall into stupidity driven by the culture.

[@MrTmenzo]

Good, got to keep lazy Z's and boomers in check 😂