Your Ex-Wife's New Husband Mocked Your Truck… Not Knowing You Own the Company He Works For
Your Money POV
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Your Ex-Wife's New Husband Mocked Your Truck… Not Knowing You Own the Company He Works For
6 461 просмотр · 3 ч назад
Your Money POV
3,26 тыс. подписчиков
6 461 просмотр · 3 ч назад
In this fictional POV story, your ex-wife's husband kicks the bumper of your thirty-two-year-old truck and laughs at it, on the day her father moves out of his house. He manages a rental yard for a company you bought three years ago, and on Monday morning he is meeting its owner for the first time.
He backs the company's box truck into the side of your pickup, offers you eight hundred dollars to keep it quiet, and then puts a twenty-two-year-old yard hand's name on the accident. You have two days, one witness, and a habit that cost you a marriage: deciding things for other people without asking them first. What you do at the yard gate is the easy part. What you do about her father's room is harder.
Chapters:
0:00 The driveway
2:54 The lift gate
5:11 One dollar
8:18 Lloyd's room
9:16 Sunday night
10:35 The gate
12:28 The office
14:32 The shop
15:56 Thirteen thousand two hundred
18:23 The step
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Disclaimer:
This is a fictional story. Characters, events and financial figures are invented or illustrative. It is for entertainment and is not financial, investment, tax or legal advice.
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Story figures:
Wildcat Creek Equipment has 34 rental yards in four states. It bought Stonegate Rentals, nine yards, for $38 million, most of it borrowed. You started with $31,000 of house savings, a used loader that cost $24,000, and a truck her father sold you for one dollar. The loader rented for $900 a week and went out 27 weeks in its first year, which is $24,300. Her half of the savings was $15,500. The movers quoted $2,300. Her husband was paying $1,100 a month toward her father's room, and twelve months of that is $13,200. Wildcat Creek, Stonegate and every figure here are invented for this story.
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Background:
An equipment rental yard buys a machine once and rents it out by the day or week, so a machine only earns while it is out on a job. The rental trade calls the share of time a machine is out on rent its utilization. This is a plain-language description of how the business in the story works, not a guide to starting one; the prices, weeks and payback in the story are fictional.
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BOOKS TO EXPLORE
For the two things this story turns on: a question you should have asked years ago, and a business you own but have never stood in.
The links below are affiliate links. I may earn a commission on qualifying purchases you make through them, at no extra cost to you. As an Amazon Associate I earn from qualifying purchases.
Difficult Conversations by Douglas Stone, Bruce Patton, and Sheila Heen
For the talk you keep replacing with a decision, or a cheque.
https://www.amazon.com/dp/014313759X/...
The E-Myth Revisited by Michael E. Gerber
For the distance between running a machine yourself and owning yards that other people run.
https://www.amazon.com/dp/0887307280/...
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