I'm Concerned About My Son Taking Over My Business...

I'm Concerned About My Son Taking Over My Business...
Say goodbye to debt forever. Start Ramsey+ for free: bit.ly/3g11A2V
Visit the Dave Ramsey store today for resources to help you take control of your money! goo.gl/gEv6Tj
Did you miss the latest Ramsey Show episode? Don’t worry-we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch debt-free screams, Dave Rants, guest interviews, and more!
Want to watch FULL episodes of The Ramsey Show? Make sure to go to The Ramsey Show (Full Episodes) at: www.youtube.co...
Check out the show at 4pm EST Monday-Friday or anytime on demand. Dave Ramsey and his co-hosts talking about money, careers, relationships, and how they impact your life. Tune in to The Ramsey Show and experience one of the most popular talk radio shows in the country!
Ramsey Network (Subscribe Now!)
• The Ramsey Show (Highlights):
www.youtube.co...
• The Ramsey Show (Full Episodes): www.youtube.co...
• The Dr. John Delony Show: www.youtube.co...
• The Rachel Cruze Show: www.youtube.co...
• The Table with Anthony ONeal: www.youtube.co...
• The Ken Coleman Show: www.youtube.co...
• The Christy Wright Show: www.youtube.co...
• EntreLeadership: www.youtube.co...

[@rebeccaoprea9917]

“Worry makes us believe that everything has to happen right now, faith makes us believe that everything happens at the right time.”

[@brenolad]

That's a great quote Rebecca! Thanks for sharing that one

[@nataliazakula3400]

When Dave threw out scenario being lack of intelligence the dude…….was silent. So I think that’s it. He quickly answered “no” to lack of character.

[@ddavis8988]

That just means you have to be creative in the way that you teach it.

[@spiritsofthesky]

Kid may not be smart in thre traditional sense, but I'd wager he can see things in a way the rest of us can't!

[@KEP1983]

Natalia, I thought the same thing.

[@JDHopeful]

I heard the silence too.

[@victoriagarcia5533]

Yeah, I was thinking the same thing and Gomer Pyle came to mind. 😬

[@OrionOlamPiksie]

Why I like Dave Ramsey is he tells it like it is, good or bad. Trying to work with my parents’ business at 35 and kinda finding it hard and find it hard to show up on time and do what it is to do business. Not entirely sure if I really like doing real estate. It’s great money, but I’m Not a people person….

[@TraitorHater]

Good luck to you in your struggles. Be honest with yourself and others and have a good attitude and things will get figured out for you.

[@ugabuga1361]

In a similar situation. Brothers and I do the maintenance to all of the apartments my dad owns. Usually we are done with our work by noon. Leaving my afternoon to do a side job and/or start another business.

[@jackh1032]

32 years ago I was in your position. Joined the family real estate business and I also not a people person, but I managed to push that aside and do my very best at the job. Fast forward to now, my dad and I have retired from the business this year. He is 84 and I am 62. We still work together to repair and remodel our rentals. I wouldn't want to work with anyone else. Good luck and I hope you find it as rewarding as I have.

[@donaldlyons17]

I think your in the wrong business for you but what are you alternatives??? One of those alternatives may be better for you in the long run!!! Your quote: (Why I like Dave Ramsey is he tells it like it is, good or bad. Trying to work with my parents’ business at 35 and kinda finding it hard and find it hard to show up on time and do what it is to do business. Not entirely sure if I really like doing real estate. It’s great money, but I’m Not a people person….)

[@Whitericeinmysalad]

If he has the desire everything else will follow. I would be scared if he didn’t have the desire. He’s young you’re not even giving him a chance.

[@random-nz7dy]

I dont think he wanted to be too specific about his sons issues on air. But more details are needed to find out if there are deal breakers.

[@rhoonah5849]

I agree completely. Either the son has other issues or the father just doesn't believe in his own son.

[@matthewgardner2144]

Yeah, the repeated references to the son's "toolbox" were too vague.

[@random-nz7dy]

@@matthewgardner2144 agree. I mean I appreciate Dave recognizing that potentially this kid could become a good leader but at the end of the day this Father knows his son. And if the father knows his son is not going to be the leader of the company needs, it doesn't necessarily mean he's wrong just because there's not some horrific thing going on

[@0neofthem]

He should just close his business if he doesn’t want to work anymore. His son can go to school/get a job and find his own path.

[@rhoonah5849]

That's a ridiculous approach. I can't run it so no one can? Come on, that's completely selfish and foolish when it is a viable business and the son wants to run it.

[@joedirte716]

School is worthless

[@heidi6544]

Teach your kids young that they need to help around the house and be responsible:)

[@plants4thewin]

hes ready to be gone now, thats the main issue

[@fakeaccount4092]

His son is lucky to have a dad like him!!! Blessed!!!

[@Je.rone_]

Your concern is an indication that he just needs to be taught

[@bencoupar1039]

Many things I see from my uncle and son and other people . Hard to work for family. Many relationships crushed trying to learn family business and taking orders from your dad at older age.

[@thetruth5635]

Dave “you can’t Put your feet up and play Pokémon in the back 😂 😆

[@OrionOlamPiksie]

I like this. Usually I do Pokémon, and not on the job, but- most jobs won’t let you do Pokémon in back. Do the work. But schedule your time off for yourself. Do what you want in time off so you WANT to do the real work when it’s time to do the real work.

[@SG-zh5xd]

He is young there would have to be HUGE warning signs stealing /heavy drug use to worry this early in the game.

[@jeanlaubenthal698]

Him being tired is effecting his view yes! Very good advice. AND ...There are other programs to develop him you can sign him up for to get the ball a rolling.

[@SalisburySnake]

Boomers everywhere: "My kid doesn't know any of the stuff I didn't teach him. What an idiot!"

[@tylerfabish5578]

To be fair a 54 year old is not a boomer. Thats gen x

[@carlosfontanez9804]

guy was born in 1964. that’s not Gen-x

[@Drenwickification]

@@carlosfontanez9804well it’s right on the cusp of boomers and gen x. He could be either really.

[@Swalley311]

Bless you Dave, and your team....y'all are doing very important work!

[@Ancano]

Sounds like he wanted to throw his son under the bus, but wouldn't do it over the phone.

[@stromari]

Hope Everyone Having a Good Day ❤️. Peace n Love☮️

[@esonon5210]

It sounds like his son isn't the right person to take over the business at this point in his life. If the dad is exhausted, he's going to have to bring in a mentor for his son to look up to.

[@JasonGroom]

If he is missing the business side mainly run that portion yourself and start transitioning the labor side to him fully, teaching him new skills rhere as needed. Teach him the business side over 4 or 5 years, and you are free of the business by the time you're 62 or 63 and ready to retire.

[@rharris61]

Like the small business advice from Dave (or someone that has experience)!

[@gw2993]

Dave: I don’t think you honestly believe he doesn’t have enough intelligence to learn.. Dad: crickets …..

[@ctrlaltcreate3827]

That’s tough!

[@SeanBaker]

And there we have it in words. "I'm watching Dave transition his business while driving the car down the road."

[@LaCrux]

We knew it was coming eventually. He’s 61 this year.

[@jessecohen1]

They did take his name out of the show title, I think his transition has been kinda obvious.

[@Cookieboy70]

He's going be able to play Po-Ke-Mon every day until the cows come home.

[@RichV20]

Thats a rough looking 61. He looks close to 71. Probably "tired".

[@linhaton4957]

Daughter Rachel is the best host next to Dave.

[@maclloyd1244]

Nobody gonna talk about the "s" changing to a "z" at 1:44 tho ? LOL

[@usercs_2682]

The son is only 22 and the father has already think he’s not good enough to take over. Sounds to me the father doesn’t believe his own son

[@ominous450]

It's construction, not rocket science

[@kkknotcool]

Construction is a wide range of professions. And I'm presuming your not a master of all building trades and a rocket scientist to boot, so maybe you shouldn't judge the difficulty of people's work.

[@donnafontaine2799]

Exactly takes certain talent in construction trades

[@joedirte716]

Rocket science requires construction. You obviously don't see the correlation. Probably in debt up to your eyeballs.. College kids deserve zero respect

[@matthewgardner2144]

"Land a plane when you're not a pilot anymore." Whaaaat? John goes off on metaphor tangents sometimes.

[@tymom9313]

Lol he thinks going out to breakfast will solve anything! 🤣

[@catchinbass2240]

It takes longer to train someone right. You have to left them make mistakes, but it’s not easy .

[@bobslate7231]

His kid can want it but may want to do things differently business and family can create a lot of stress broken families.

[@darksydesamy]

This guy is just tired. He’s not handing down his business now. It’s gonna be 10 years down the road. You have so much time to teach him everything about the business. This is a problem that sounds big at the moment but will solve it self with time.

[@davinasquirrel7672]

The dude is tired enough to want to get out now. But it will be 8 years before the kid turns 30, and very few under-30s have the skills and ambition to run anything more than a bath. In my 20s I had ambition, but not the skills. That takes time and experiences (mainly the bad kind, LOL). Dave is right that the kids need to perform above and beyond to get that level of respect from the employees/customers. Hopefully junior does not take the helm at 30 and have sweeping new-fangled ideas!

[@joannegosselin4390]

Send your kid to college for a year so he can learn construction ethic.

[@jeanlaubenthal698]

Become partners and co leaders in mindset as the transition occurs.

[@bmoney3837]

So he didn't train his son from young

[@mikebrownbassist802]

3:00 I knew Dave was retiring! That is the only reason all these other hosts are on here. Each host specializes is a part of Daves personality. I hope it works because Dave is hard to replace.

[@KarlDag]

Been pretty obvious...

[@andreysergeevich2945]

Problem is their all trash none of them have that crazy uncle Dave charm if you didn’t like you’d punch him in the throat

[@cutehumor]

oh..dad...do I really have to stop being a gamer too?!?!?!?! I'm gonna tell MOM about this!>?!

[@richardw3470]

Like to know how this one turned out. Knew a construction co got handed over to jr and in no time at all it was bought up by a co across the country which was itself bought up. Jr made out okay (eh) on first buy but not the second and everyone else was on the street. Shirtsleeves to shirtsleeves in three generations.

[@Maxim.Teleguz]

If you are reading this. May God Bless your day today.

[@gourabdey91]

Really?

[@therationalistparty9742]

@@gourabdey91 These guys are everywhere saying anything with no actual content to get likes. Lol

[@danielwf1971]

Thanks Man

[@Whitericeinmysalad]

Thank you I accept that blessing

[@Winnie-Kay]

Thank you, and right back at ya

[@michaelsauve3848]

If anybody has the aptitude and inclination they can learn something.

[@harrychufan]

I believed this until I started taking college level mathematics.

[@JDHopeful]

Some people just don’t have the coordination to handle construction. I love it, I just can’t keep up. I hope it works out and this guy gets some rest.

[@brianmcintyre8563]

Do have a good honest foreman, who can bring him along and keep an eye on him.

[@LetsTalkPersonalFinance]

I'm sure, with proper training and mentoring he will deliver able to handle running the business

[@merialusher5890]

My son-in-law and daughter faniggle my husband an I and demanded stock so when they got enough they ordered us out . We were broken hearts an allowed it so he’s passed and I struggle with my 28 thousand a year.

[@martinmi5]

You can’t teach a person drive, ambition or reliability. You either have it or you don’t.

[@thelonelybarbarian]

That kid has no idea how lucky he is. Being mentored over a period of time then eventually being handed the reins of your dad's killer company. Wow

[@behavioralhealthintegration]

Omg are they going to let the guy talk

[@SherryEllesson]

I wish I had been this man's wife.

[@plants4thewin]

?

[@sami-9233]

What

[@benjamingreen9540]

Ma’am this is a Wendy’s

[@matthewgardner2144]

Do you have a burning desire to be the mother of a slacker son? Or is it just the dad with the Texas accent and bad knees making you thirsty. We're gonna want to know, Sherry.

[@kickandblock]

Your husband is down bad rn

[@Winnie-Kay]

Dad needs to unplug and take a month-long fishing vacay

[@donnafontaine2799]

Oh yes Good he should hope he can

[@joedirte716]

And use his son as bait

[@willelliott5052]

Have him take some kind of business course at some vocational college at night.

[@Heisrisin3]

I was the third thing that would disqualify your son. That would be if he really doesn’t want to run the business.

[@desimo147]

This is exactly why you save when you are younger. You don't want to be that tired 58 year old with no way out.

[@OneAndOnlyKJx]

He may have a way out. Sounded to me like he didn't want to retire because there's no one to take over his business yet.

[@Lfr-kp1qb]

Where’s Anthony O’Neal haven’t seen him next to Dave for a while

[@mattytoal4088]

Yes I prefer him much more than John

[@KS-cl8br]

Anthony and Dave are dogmatic idi*ts. Dr. Delony adds things to the conversation.

[@johanna6050]

@@KS-cl8br I wish Delony wouldn't say, "man," so much, it sounds unprofessional for a broadcaster. "How's it going, man," and, "You sound tired, man." He's trying to be cool, but it's very tiresome.

[@azurmutai]

I don't like Anthony :)) He is arrogant :))

[@djsunshine1]

Give your son a time ..and You become a Coach!! Not Father!

[@michaelwoods4495]

You pays your money and you takes your chances. Give it go! Yeah, the kid will make a lot of mistakes. Didn't you?

[@gayle2276]

Start delegating jobs now.

[@peacepeace5788]

Why most boomers are like this?

[@larrybud]

Like what, exactly? Not wanting to see his life's work go up in smoke?

[@mambofuego5101]

Forget the son.. He DOES NOT have what it takes, because he would have been all over it by now. You are not going to survive this. Your son will be the end of you because you will NEVER be able to walk away. Don’t do it.

[@trudifruty6078]

This man should sell his business his son will run his business in to the ground I know a man that turned over two of his businesses to two of his sons they ran both businesses in to the ground an had to close both businesses

[@drillano4845]

Don't be....Kids... We're the future💪🏾😎

[@edgar9739]

What

[@joedirte716]

Lord help us

[@freeman7079]

I’d be more likely to try and sell my business to my best hand before just assuming it’s my sons right or something. My kids got another thing coming if they think it’s going to be that easy…

[@therationalistparty9742]

This world is one giant tool box. 😊

[@Whitericeinmysalad]

It sure is one giant empty toolbox

[@cashkitty3472]

How does he know the business isn't worth anything if he isn't running it. He sounds a bit narcissistic tbh

[@SalisburySnake]

A contracting business is a trailer full of tools, and this man's name. It's not sellable. Most business are not.

[@Rooot-username]

I play enough tekken to know this is a kazama problem lol

[@williamerazo3921]

Huh

[@wread1982]

Maybe the dad has sleep apnea

[@chessmatica8242]

Noone asks if son wants that?

[@Winnie-Kay]

Dad said the son expressed desire for the business.

[@yellowsnowman9157]

Ramsey business sucks without Dave. If he's not on the show I can't even watch it.

[@andreysergeevich2945]

I agree wholeheartedly

[@AaAa-ri4uf]

Is John Dumb??? Saying his boss is trying to let go is extremely disrespectful!

[@johnmirbach2338]

😎✌👌👍🖖😁

[@kkknotcool]

Giver your kids education, not businesses. An education will get you a business. A business will only give you an education if you run it improperly.

[@StockSociety.]

First

[@Maxim.Teleguz]

Congratulations

[@ashleycadena1918]

Second

[@danielebasile3957]

world champion

[@Whitericeinmysalad]

Just curious why is being first so important. I see a lot of people post first on other videos I watch?

[@fkillah]

Congrats, what a great accomplishment. You must be so proud

[@farmdogmusic2365]

He needs a vacation.. go 🎣🦦 fishing