Noname1234
PARKED
- Joined
- Jun 6, 2022
- Messages
- 1
Rep Bank
$25
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Context: the mother of my boyfriend (Ms. X) dreamed of having her own art gallery, which she founded. She’s a good curator but she was barely selling anything and the management of the gallery was terrible until I stepped in (I have a background in Communications and Marketing + experience working with global companies). I started taking care of the social media, took less than 2 months to gain more followers than she had gained in 2 years, and ended up making the gallery gain a lot of visibility. I introduced her to basic knowledge of Marketing + shared all the corporate knowledge I knew. Following my advice, she started educating herself more to a point that the gallery started getting a lot of attention.
Recently, a potential investor challenged us to come up with an extremely innovative idea that would make him want to invest in the galley, but he hated the ideas that Ms X proposed. Not wanting to lose this opportunity, I shared with Ms. X a business idea I had since University (linked to art + a social initiative), after hesitating a lot to share it as it was my own personal project (that I developed before I even meet my boyfriend). She loved it, so I presented it to the potential investor as “our” business so she could also benefit from it. He fell in love with my project, and wants to help us develop it.
Now here’s the thing. Ms. X absolutely wants to be CEO. Not only that: she also wants to have the majority of shares in order to never be voted out by a future board of directors. She has never been employed, has no corporate knowledge, lacks a lot of good judgment, multiply bad decisions, takes constant unnecessary risks, and the majority of the decisions taken that got us here today were secretly taken by my boyfriend and I without anyone outside of the family knowing. When we pointed this out, she told us that she’s the chief, and that she’s the only person who’s not disposable in this project because it was initially her gallery. She lacks a lot of humility, is ungrateful, and demonstrated greed countless times. Neither I or my boyfriend find her suitable for the position. It’s a project I initially wanted to develop with him independently, and only included his mom because I didn’t want her to feel like I’m stealing “her” investor.
I don’t necessarily dream of being the CEO but the idea of an unfit person directing a dream I had for years and potentially driving it into a wall terrifies me, especially that it was made to help many people. It’s true that we owe the encounter with that investor to him walking into her art gallery, but I imagined this project years ago and was basically called disposable from something that I designed. I almost feel tempted to step out - out of frustration - but Now Im stuck because either I continue working with her and try to find a way to convince her of the importance of a good company structure that will help us grow so she doesn’t ruin my business, either I back up and take the risk to let her patent it without me and potentially become a millionaire by stealing my project while I stay in poverty.
Not sure anyone can help me with this situation but i was hoping on finding anyone that knows about company structures and what configurations works best for me to be able to debate with her more efficiently about what’s best for the business. Or if anyone can reassure me telling me that she won’t be able to do EVERYTHING she wants because of shareholders that would be very well appreciated as well haha I would even rather have a stranger running the company as long as they do a good job. That’s all that matters to me.
Recently, a potential investor challenged us to come up with an extremely innovative idea that would make him want to invest in the galley, but he hated the ideas that Ms X proposed. Not wanting to lose this opportunity, I shared with Ms. X a business idea I had since University (linked to art + a social initiative), after hesitating a lot to share it as it was my own personal project (that I developed before I even meet my boyfriend). She loved it, so I presented it to the potential investor as “our” business so she could also benefit from it. He fell in love with my project, and wants to help us develop it.
Now here’s the thing. Ms. X absolutely wants to be CEO. Not only that: she also wants to have the majority of shares in order to never be voted out by a future board of directors. She has never been employed, has no corporate knowledge, lacks a lot of good judgment, multiply bad decisions, takes constant unnecessary risks, and the majority of the decisions taken that got us here today were secretly taken by my boyfriend and I without anyone outside of the family knowing. When we pointed this out, she told us that she’s the chief, and that she’s the only person who’s not disposable in this project because it was initially her gallery. She lacks a lot of humility, is ungrateful, and demonstrated greed countless times. Neither I or my boyfriend find her suitable for the position. It’s a project I initially wanted to develop with him independently, and only included his mom because I didn’t want her to feel like I’m stealing “her” investor.
I don’t necessarily dream of being the CEO but the idea of an unfit person directing a dream I had for years and potentially driving it into a wall terrifies me, especially that it was made to help many people. It’s true that we owe the encounter with that investor to him walking into her art gallery, but I imagined this project years ago and was basically called disposable from something that I designed. I almost feel tempted to step out - out of frustration - but Now Im stuck because either I continue working with her and try to find a way to convince her of the importance of a good company structure that will help us grow so she doesn’t ruin my business, either I back up and take the risk to let her patent it without me and potentially become a millionaire by stealing my project while I stay in poverty.
Not sure anyone can help me with this situation but i was hoping on finding anyone that knows about company structures and what configurations works best for me to be able to debate with her more efficiently about what’s best for the business. Or if anyone can reassure me telling me that she won’t be able to do EVERYTHING she wants because of shareholders that would be very well appreciated as well haha I would even rather have a stranger running the company as long as they do a good job. That’s all that matters to me.
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