Why Dave Ramsey Doesn’t Recommend Hiring Family Members
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- Опубликовано: 11 сен 2024
- Today we’ll hear about:
• A brother looking for advice on hiring family
• A business owner struggling to make the right hires
• How to protect your business in case you die
• A business owner unsure of how to scale his company
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I think it really depends on the person. There are people who are ethical, honest , hardworking and a family member. Yes to hiring.
There are family members who are not hardworking, or not honest, or entitled, no to hiring.
First caller started reading a speech 😂
Yes and he sounds like an idiot too 😂😂😂😂
Dude had his PR team plan his whole call
It is how a lot of people handle situations that they are nervous going into, it could also be that in the position he has in the company that is what he says over and over so it has become robotic.
Bullets, Food, and Gas translates to Tech, HR, and Finance in business. As a veteran I love that analogy!
You see this accepted incompetence everywhere. Places hiring anybody just to have the extra body. I see this all of the time while doordashing (side hustle).... Fast Food workers who just stand around, doing tasks super slow and don't know how to actually work. I feel like if someone can do the work of 2 people they should get that second person's pay, that would incentivize people to hustle and reward those who already are.
Great idea.. pay the competent ones much more!
That’s a great idea.
The competent ones are paid more…by another company. Did you guys just discover capitalism yesterday? The reason fast food workers are shit is because the pay is shit and the job is shit, anyone who is competent moves on to a different industry that pays better
Id say for the last guy he would invest in the extra truck and he can cycle it out with the other trucks so it doesn't sit but then all his trucks will get less wear. I'm a mechanic and I know people don't think about how much wear and tear happen on their vehicles, especially bigger trucks with heavy loads so I would think it would be worth it to get the extra truck, temporarily hire the part time guys and when the truck isn't needed you cycle your trucks so maybe truck 1 on Monday truck 2 on Tuesday etc. and that'll also extend the life of the trucks and reduce maintenance costs
No. Never hire family members. I would even go as far as to say never be in buisness with family members. It's a sure fire way to break up family. Greed.
I know a family that is good at setting personal boundaries and working together; and they are not American! Our family culture is not up to stuff, IMO.
I have been waiting for this podcast for over a decade. Dave, I am so glad you are doing this. I haven’t missed an episode. I love it.
And on another subject, If you’re reading this and you have found what is working In marketing, please reply!
Tyler needs to mind his own business, it's not your company. You're an employee like your brother will be..
Love the Entre Leadership podcast. Dave is the only one who can host it with his decades of experience and massive self-funded business. Keep up the great stuff!
Agree 100%
It would be tough not hiring him cause he is your brother when the whole business is full of kids of founders
Who else hears callers address Dave, as "dude" and reflexively, before your better judgment kicks in, imagine Dave clapping back "...okay, FIRST of all. I am not a 'dude.' I am Dave Ramsey and I am a god damned CEO of a god damned billion-dollar enterprise built over the course of 30 years with blood sweat and tears, but with absolutely zero debt, zero investment and zero fluff. "Okay, maybe not... "but, it would be pretty cool if [he] did!"
The guy calling in about his brother seems like his fear is that his brother is probably the prodigal son of the family and he’s been busting his butt at his fathers firm and sees the vision but his brother who’s been figuring out what to do may come in and take away that validation share he’s been getting. Just my impression on why he’s calling in, I think he wanted some type of pat on the back from Dave
Says the guys whose kids work for him
the guy whose kids are immediately at the top level of the business whether they earned it or not...
Do you guys actually disagree with anything he said, or just upset because someone you’ve never met got hired by their dad?
@@TonyCox1351do you actually believe Dave’s viewers agree with everything he has to say ?
I agree with lepoj and Johneaves460. yet, three goons are harassing me for the same points.
Did you even listen to the podcast?
With the first call I had a similar situation, my brother who was older than me wanted to work for my boss. My boss asked me if I would have any concerns with him working, at the time I didn’t but once he started working he would goof off, call his girlfriend for long periods of time and just disappear for little bits at a time. In the end we had customers that didn’t like him and they said he didn’t work and acted more like a supervisor lol! Long story short he my boss let him quit after the summer and now he’s a lot more mature because of it but he still had growing to do
Dave thanks for this 🙌 you so correct!
I would not hire your bother as a peer. It seems really unfair to you. Certainly, there will be a probation period before the hiire is considered a regular hire. Probation being a 3 month period where either party can quit the arrangement with no penalties.
I think the caller is overstepping his position. I hope the brother comes in crushes it in sales. Then quits and goes and gets super successfully doing something somewhere else
I agree. Just treat him like any other employee, no special privileges, but give him the opportunity to succeed. The results will either speak for themself or they wont
Is there a way to just get the middle question and Dave's answer?
He may be concerned that his brother will reflect badly on him.
"Future partner" is a big assumption. The brother is getting the position from Dad. He doesn't get a say in the hiring of his brother. And he's really going to be shocked when they give his brother a partnership at the same time they give him his. This is probably how dad is passing on his estate to the sons.
The problem the 2nd caller is having, is not unique among companies that hire a lot of young people. The young person's lack of experience works against him. You may be the best company in the world, the best boss, but the newly hired individual that is new to the work force has nothing to tell him he's already got the best job in his field with the best company.
Yeah Dad doesn't own the controlling interest... This guy might end up with nothing!
@@semosancus5506 But dad owns something, and is probably going to pass his shares on. Hoping his sons get to keep their jobs and salary. But as you pointed out, dad doesn't own a controlling interest.
Kid acts like it's his business??? 😂
Dave has his way to say enter leadership
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Do as a say, not as I do
The first guy needs to mind his own business and stop acting like he's royalty at a company where he's apparently just another sales guy for now.
Also, he's a total dork. He practically opened up the call with a rehearsed sales pitch. Part of me thinks he's a little jealous of his brother who has been cooler than him his entire life.
Yeah, the reading of his question was a bit cringe lol
Tyler is a loser. A sad sad loser 😂
Yeah, the question was worded in a way like he really had some authority over the brother when he has none.
Dude what?!?! Take your brother out of it and look from the perspective of “is he going to be an asset or liability for the company” than vouch for him if not it’s out of your hands
no
Dont live with family and dont work for friends. Heartaches will happen
Wow! This guy is a control freak! Lord help the woman who screws uo and marries him! What a nightmare.
What is this title??? Half his family is in his company???! 😅
3 people are. That's not half
@@janelleg597 as far as we know. he may have cousins and brothers working for him. Dave said his son in law manages his rental properties
@@janelleg597*Dave's company
Im 2 minutes into this clip and its annoying. This guy is making a pitch like he's on shark tank or trying to sell something. Come on guy.
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Dave hired his kids at his company. The title of this RUclips video "Why Dave Ramsey Doesn’t Recommend Hiring Family Members" is a lie.
His is a family business from the start though. They have to learn the ropes if they are going to take over the business. They seem to be doing a good job.
Did you watch the video? He's talking about family members of employees, not family members of owners or founders.
@@r.rodriguez4991 Should be no difference. I am anti nepotism
Lmao this dude didn’t watch the video and just came here to comment FOH
Think he means family members of current employees
Dave is lying
?
You are lying
No, it’s more like he’s telling the truth about his personal decisions to gain wealth and pass it on to the ones he loves. Daniel and Rachel could easily start their own businesses. They aren’t forced to work there.
I’m just glad Dave is transparent about this stuff.
Boomer Dave does is EXACTLY the opposite of what he recommends to his viewers.
Hires his own children in leadership roles...🤣🤣🤣
Business is Business if your children don't know the difference, then don't get hired.