
Hi guys, I have to make a decision about a partnership which is really stressing me out. It actually feels like heartburn!I've bulleted things from my perspective:Initially started out teaching in a tutoring business which I later realised had significant problems with costs, owner having atrocious organisation and thousands outstanding in unpaid service feesFelt I could have improved the situation so decided to partner with the owner (with another very minor shareholder) because I felt I could help manage the money and some of the day-to-dayManaged to save the business money by the end of the year but at the cost of no wages being paid out, the minor shareholder quit because of the owner's issues. The business made ~30k in both years, however in the first year it was in about 2.5k debt. At the end of the second year we were up 10kOver the year I have realised that I cannot makup for my partner's lack of organisation.It has been hard to make decisions because he is a good talker, making compelling arguments that I disagree with, but feel like my counterarguments do not get heard. Similarly on occassions where I've told him not to do something, he has initially agreed but then continuously brings it up until he just does it himselfHe has taken action several times before letting me know of his decisionsI disagree with the way he carries out some business, for example, he sometimes pushes customers who cannot/are not willing pay into taking more servicesHe ignores issues, only for them to worsen - e.g. ignoring letters from landlord until court action was about to begin. Missing payments until fines are issued.I feel i cannot trust him as he misrepresents himself (e.g. missing out things by omission) or seems to word things in ways which i feel are to get me to agree to a certain actionIn my partner's defense: He taught 30-40 hours every week without pay (but also because he decided to give free/cheap tuition to alot of these students), he took on a lot of roles and he knows he is deficient at a lot of them. Personal circumsances made it so that I had to significantly reduce my hours for the past 6 months.Now he is asking me to continue, but says that I will be the one running the business day-to-day and the decision making for that. Except he want me onsite for a specific number of hours. Last year, I felt that I gave it my all, but the owner is hampering things with his attitude and behavior. I was spending 50+ hours week after week.I strongly believe the business can work and there is potential. We have existing customers at the moment but they've all been put on hold and have lost a few as a result as well as potential customers.I would like an unbiased, third party perspective on this. Am I stupid for thinking about carrying on or should I just run? via /r/business https://ift.tt/2IxTdcO
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