Posted by: Ricky | 2012/02/15

Business Venture...Have I been sidelined?

To whom it may concern

I''m a 24 year old male whose just started working. I work for a small company operated by another young guy, 27 years of age. He owns the company which makes over R500 GP a month. I must admit I bend my back working for the guy, I''ve always shared the idea- his success is my success hence me working hard so we can ultimately grow and become successfull business partners.

Recently we thought it was a good idea to start up a distribution side of the company as we have exclusivity to some of the products we sell. We often discussed what an exciting opportunity this may be but never about me having some form of ownership in the new business. I was asked about names and so on. Thats about it

Yesterday the new business was started up. My boss has gone into partnership with a wealthy 30 year old friend of his. This guy is sharp and demands some respect. The friend will continue to work at his own firm and not have any day to day involvement in the distribution company. I have been given the job of heading up the Distribution company myself. This is where I ask for help?? Should I feel cheated in that I wasnt asked to be a partner? Technically I''m good enough to head up the business but not good enough to be a partner? I''ve always made it in the open I have capital if needed. Would someone else in this situation feel cheated? Or am I being a brat and should rather make the most of it and see what the future holds. It just feels like I''ve been on the verge of something great but now i''m just all the dirty work. In my mind I would have least expected a 40 40 20 % share. Something to that extent. Please someone tell me if I''m being unrealistic or not?

Thank you

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Our expert says:
Expert ImageWorkplace health expert

I, personally, feel that you have been probably unfairly treated. The only way out of this is for you to have a sit down and express your sentiments and business ideas. Good luck!

The information provided does not constitute a diagnosis of your condition. You should consult a medical practitioner or other appropriate health care professional for a physical exmanication, diagnosis and formal advice. Health24 and the expert accept no responsibility or liability for any damage or personal harm you may suffer resulting from making use of this content.

Our users say:
Posted by: JJ | 2012/04/12

I think this is an opportunity for you to learn to start up a business so that you can start up your own, Always remember, nobody will buld you a business except yourself. So takee this opportunity positively.

Reply to JJ
Posted by: vincent pillay | 2012/02/16

well i think this is a good Opportunities to prove you can add value to the company and maybe this will create a way for becoming a partner ,or you can gain exposure and contacts you then can start your own company . allways take every step as a challenge and not just a job.

Reply to vincent pillay

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