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The EntreLeadership Podcast

The Best Calls of 2024

The EntreLeadership Podcast

Lampo Licensing, LLC.

Entrepreneurship, Business, Management

4.74.1K Ratings

🗓️ 30 December 2024

⏱️ 50 minutes

🧾️ Download transcript

Summary

Today we’ll hear about:  A son who is fed up with his dad for draining their business’s profit  A business owner considering sharing the profit with his team  A brother wanting to buy out his brother who hasn’t worked in four years  A man who struggles with hiring the wrong people    Next Steps  📞 Have a question for the show? Call 844-944-1070 or send us a message: https://ter.li/ask-us  📚 Learn about the EntreLeadership System: https://ter.li/system-p  💻 Get EntreLeadership Elite for your business: https://ter.li/elite-p  ✉️ Sign up to receive tactical tools, advice and resources in your inbox every week: https://ter.li/enl  🏢 Attend EntreLeadership Summit: https://ter.li/summit   🎤 Attend EntreLeadership Master Series: https://ter.li/masterseries     Offers From Today's Sponsors  💼 Go to Belay Solutions or text ENTRE to 55123 for their free resource!  💻 Visit NetSuite today to learn more.  🧾 Visit Payority for a free consultation!  📝 Use code entre15 to get 15% off your first year of Trainual    Listen to More From Ramsey Network  🎙️ The Ramsey Show  💸 The Ramsey Show Highlights  🧠 The Dr. John Delony Show  🍸 Smart Money Happy Hour  💡 The Rachel Cruze Show  💰 George Kamel  💼 The Ken Coleman Show    Learn More About Your Ad Choices   Ramsey Solutions Privacy Policy

Transcript

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0:00.0

You've got to be at Entree Leadership Summit this spring.

0:04.0

And if you get your tickets this December,

0:06.2

you'll even be invited to an exclusive Q&A lunch with me at Summit.

0:11.3

So go to entreleadership.com slash summit today.

0:15.5

Today.

0:30.4

Music Happy New Year from the headquarters at Ramsey Solutions.

0:35.0

You're listening to the Ontario Leadership podcast, the show where I take calls from business owners and leaders just like you about what it takes

0:38.4

to win at any stage of business. I'm your host Dave Ramsey with 30 years of real life experience,

0:44.6

founding, leading, and growing successful businesses. Our team has compiled a list of top calls

0:50.8

and best interviews from 2024 to launch you into another year of hard work and impactful

0:58.2

leadership.

0:59.3

First up, a call from Gary in Seattle, Washington.

1:02.5

Gary and his father co-own a business, but Gary's frustrated about his dad continuing to take

1:07.5

home a large sum of the profits without doing any of the hands-on work anymore.

1:14.4

Let's take a listen.

1:16.7

So I own a dewatering company, which is a specialty contracting business, and have about 12 employees,

1:24.7

and I'm the 49% owner and my father owns 51%.

1:30.0

Okay.

1:31.7

Okay.

1:32.2

We do about $3 million annually and this is a 15 year old success story.

1:38.6

We started from Ashes in 2009 and here we are and we're, and we're doing really well.

1:46.9

But my problem is that over the last five years, in 2019, I tried to buy my dad out,

...

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