My Partner is F*#*#ing Me and I Don't Know What to do?

@petebaja (516)
Mexico
March 12, 2008 2:44am CST
I started this real estate business a while back and took in a partner. I had the sales experience, contacts, clients, etc. He had the money to expand the business. So it was a fair and equitable split - 50/50. Just a few months ago, he decided to take on a third partner, I did not object. The third person provided a very good product. We were to do a campaign for a blue chip publicly traded company. How can you turn down doing business with a multi-billion dollar company whose CEO is the richest man in North America. I will not mention names to protect the innocent! (No, it's not Bill Gates, this man is richer according to Forbes and Fortune magazines). We've been doing sales and marketing for this campaign for three months now. We've sold a lot and opened a few hundred accounts for them. But yet, we haven't gotten paid. It's either this "blue chip" company has a big bureaucracy and overlooked their debt to us. Or my partner is f****ing us. I don't have the heart to tell my original partner to dump this other piece of sh*t because he has grown attached to him. To tell you the truth, I have grown pretty fond of him to. Who do I believe? My "third" partner or the "blue chip" company? If my partner is f***ing us, then how do I tell the other partner who is still a believer in him? Help?
1 person likes this
3 responses
• United States
12 Mar 08
I agree with the poster above, you have to look into the matter more thoroughly before you can cast any blame on anyone. I would talk to the company and see what they have to say, and if they have paid you and you've seen nothing, then I would go to your business partners and talk to them about it. If that resolves nothing, then I would take legal action, but I would most definitely talk to the company first. Hope this helps you out some. ^_^ Tina
• United States
12 Mar 08
IMO before you cast doubt on a business partner you must thoroughly investigate the situation. I cannot believe a large company can overlook a debt. It would be very easy to get confirmation from them that they have paid what was owing you. If it has been paid then obviously one of your partners is a thief and should not be allowed to continue working with you.
1 person likes this
@gardengrrl (1445)
• United States
24 Mar 08
Heather's right, Pete, you gotta check it out thoroughly before you say anything to anyone. Remove this whole affair from the emotional back to the business realm. There shouldn't be any problem getting paid for work successfully completed. Don't know how much bread's involved, but let your degree of exposure to loss determine how deep you dig. If that means contacting the big company directly, do it, but in such a way that you don't sound accusatory... yet. Some kind of audit might provide a useful excuse. If you use an accountant, get them involved. When dealing with the 3rd partner, try to remember to hate the sin but tolerate the sinner. If he's boning you, that may help to keep you from punching him in the face! Good luck, friend, I really hope this is some kind of snafu and not a screwing. Keep us posted!