"Business happens when a man with money meets a man with experience. The man with the experience gets the money, and the man with the money gets the experience." -Bonanza
I've been conned, to one degree or another by everyone I ever went into business with EXCEPT my brother. Unfortunately, he died in 2020. Since then, I've followed a no-partners policy. Employees, sure. Contractors, sure. But nobody I can't easily get rid of, or who can scam me.
Another youtube genius with the shoulda woulda coulda answers. Well done. Everyone wishes they had the same 20/20 hindsight vision you clearly possess. Oh, that's right, they do. dhead.
there are unscrupulous people, and they can tell that you are a caring person, which is why they wanted you to be a "friend".....this happened to me too.
I have a bestie of 30 years who wanted to partner in my Ebay business and I had to tell her NO because I knew it would end our friendship. Unfortunately it’s the people close to you who will do you in😮
Business relationships are akin to a marriage... those that work well are awesome, those that don't end in a nasty divorce... with mortal enemies. I have a couple business partners that we've shared multiple ventures with over the last 40 years, as well as a couple I would never enter a business relationship with again. Being honest, understanding each other's roles, strengths and weaknesses, ability, and TIME INVESTMENTS are vital to longevity. Not each and every business venture CAN WORK well, but most good ones CAN WITH EFFORT.
So true. Business has to be rational. Hobby businesses especially with women is all about feelings, fun and pretend. Women can certainly be excellent business people. They don't partner with friends and family.
Yep, my husband has a business partner who was one of his good friends that he now hates. And they’re totally enmeshed together in this business, so he can’t get away from him. He comes home stressed out every single evening telling me all of the horrible and passive aggressive things this guy said and did all day. I’ve wondered what this guy goes home and tells his loved ones about what my husband is doing to him. If this were any other kind of relationship I’d beg him to just get rid of this guy from his life and never look back. But he can’t in this situation because the guy and he are completely financially tied together, and neither can afford to buy the other off. Be very careful who you go into business with, even more so than who you dare.
YES! I’m always leery of people that are 30+ years old, but don’t have ANY long term friends. I can see if they’re new in town, but they should have friends from back home or from a previous place that they lived. If they don’t then they have either picked bad friends in the past (they have bad judgement) or they were the bad friend. Some people aren’t very outgoing and keep to themselves, but you can easily see that and they probably won’t be trying to befriend you anyway.
My mom ran into a similar issue. She opened up a store with a friend who later ran off with all the money causing my mom to lose the store. I was 12 at the time and it just broke my heart to see how destroyed my mom was and not being able to help.
Allowing EVERY 'owner' PERSON to have 100% access to 'the accounts' requires ethical people with high integrity to begin with. Drugs, gambling, bad romantic relationships, divorce, and jealousy are all factors that often cause these type of issues. CHALLENGING at best, devastating at worst.
That is why greed is a vice. To be a good salesperson, you can’t have greed as a motivator because like any vice, it doesn’t last and it’s your downfall. Slow and steady wins the race.
My mother told me twice about two business partners that they would turn out bad , one stole money from me $220K to be exact and the other didn’t put in the work that was necessary to continue the business, I will 100% always listen to my mom
Not all Mom’s are created equal. My Mom had zero people radar, and pushed me and my other siblings into weird situations with her bad advice. She herself got all Stockholm Syndromy with a very unscrupulous extended relative who took over her life and convinced her to make a lot of bad choices, such as getting a reverse mortgage. Nobody could tell my Mom anything to dissuade her from not worshiping this person who she saw as “so competent.” Competent = large ego. I could go on, but I just wanted to put my two cents in. Almost every time I allowed myself to be pushed into taking my Moms advice it went very badly.
As Robert Ringer taught in his books, there are three kinds of people you deal with in business: the ones who tell you they're going to screw you, the ones who lie and say they're NOT going to screw you (but do), and the people who never mean to screw you but do. The last category is always the one that screws you the worst.
Bob and Kate are outright scumbags. I'm sorry this happened to you, but I think it's awesome that you tell the story to help others to avoid these kind of scammers.
How can anyone avoid these kind of scammers when she hasn’t revealed their real names? How about knowing not to go in to business with so called friends and don’t be so impressed with people that you turn a blind eye to all the red flags that were already there from the onset of all of this.
@@ConcernedCitizen-fx7duyou act like she’s the first person that this has happened to. It happens all the time. The entire country has been fooled by con artists throughout history. You’re not immune!
Be honest with yourself about red flags. The way they were selling out of her store: 🚩 The iPad: 🚩 The 60/40 🚩 The trying to steal her idea 🚩 The half truckload thing was actually fine imo. Anyhow, people tell on themselves, their charming personalities just blind us.
If they sell the house and there is a lien on it and you have proof of money owed, when the house is sold your money will be deducted. Check with you State.
@@nunyaDbizWell it’s a given that you need a judgment to get a lien. I think they just simply didn’t post all the steps. To that end you need to go to small claims court, win, to get a judgment. It’s annoying that we have to teach people common information in our posts. If people don’t know how to secure a lien or look up how to secure a lien then they have bigger problems.
She already said she was not going to take them to court, so your comment about recording a lien is a moot point if she has decided not to get a judgement against them, in which case a lien is fraudulent, and in most states recording a fraudulent lien is a felony
She mentioned that they were running everything under a company name and not as small business owners. She would have to sue the company and like she said, the company had no assets. Unless the law works differently in the US to the rest of the world, it would be throwing good money after bad.
I am so sorry what happened to you but I have to say you really gave a great explanation on the red flags of going in to business with someone. You really educated a lot of people today. Thank you
A similar thing happened with my sister and her husband. They started a bakery with friends and the “friends” just siphoned cash out of it when they weren’t there. There was nothing they could do. I’m sorry they did this to you. You basically financed their wedding. I would like to note that even with all the things that happened to you, you had a cash reserve to pay the landlord, you are still viable and trying hard to make it each month. You are changing as you need to. You are the better business person even if you don’t feel like it. I imagine their debt both personally and in business is significant. His smooth talking will just dig him deeper!
I disagree with the split arrangement because in this situation you are to principal they are the agent. Thats split is not fair on your end because as the principal you still have your overhead cost and storage cost. You would of treated them as wholesalers and given them the 40% discount and have them run their business off that. But those items would be been sold by your direct local customers that would increase local brand loyalty and awaerness on deals. They took from the Lions share without participating in the actual merchandise sourcing, or paying to keep the lights on.
Exactly, in theory, it's easier to have a business partner so you're not spread thin, but it sadly usually always goes sideways and you get done dirty. I have small business and its just myself and I (well God too)
I didn't catch her video until day 12. I wrote a comment, then read others. Your comment and mine are right on. .... "Independent & Solo...Who do you trust with your money? You never know. Sad, that 'those kind of 'scumbag people' are out there."
Seems like they paid you off knowing they would not pay you the next time. If they paid you in full once it would give you a false sense that they would again!
Too good to be true. The minute I saw their business model I’d be out. Feels very scammy doing what they did in your store. You are brave. Your perseverance is unsurpassed. People don’t change. After the first time of disappointing you and pushing you off by not paying you, they were done. Trust broken. You were the person at risk. These people are awful.
Hello Valerie. That is all good and practical advice, however, hindsight is always 100% accurate. It's true that 'business is business', however, a person can only go by what feels right at the moment. Lindey, being the kind hearted soul she is, can't help but trust people. That is just the way she is; it's part of what makes her such a loving soul. I guess you could say it's in her DNA but she will bounce back stronger than ever. True, she has been 'set back' but she is nowhere out of the game.
@@gordjohn2322 yes she is a trusting sole and a terrific person. Someone would be lucky to have her as a business partner. She’s one brave woman and I admire her perseverance. I will continue to follow her on her journey! She’ll pull out of this!
Exactly, that "business model" sounds shady af & would have sent me running the other way, where she very clearly was enamored with the idea. So sorry it happened to her, but def warning signs from the get go.
They started out by collecting $ b4 they purchased an item from you, to then invoicing and delaying collection and paying you, then extending and extending…
the real red flag here and lesson from this is the fact you saw two people doin dishonest things and ripping people off essentially and you didnt realize that it was of bad character and instead glorified it and they unfortunately did the same to you.
Hi Lindey: johnny salgado here. I’m 71 a fan and an ebay seller. There are no friends now ya know. Stop bring so nice. I’ve followed you since your 100 listing video. LITIGATION IS THE WAY
LOL the main message from her first video back from the long hiatus was that she is done being nice, and to expect a different Lindey in the videos. I definitely miss the bubbly-ness and funny edits and what-not, but learning from her mistakes by-proxy is honestly more valuable to us.
60/40 cut is not the problem. The problem is skimming the best from your inventory. If you were selecting what to show them, then no matter how the profits or losses came out, I would not call it a scam. You lost the ability to shift goods you bought into different hopefully profitable streams.
@@mattk8810 It depends..... if you want to have a good business or bad business. I've fired friends and family QUICK! They know I don't mess around in business.
This is why I make excuses to people I know when they want me to sell their things on my Ebay. Friendship and business doesn't always work as the guilt trip is what makes it harder to be objective and detached when dealing with issues related to the business. This applies even in other areas of life, especially love life.
I remember when I was in a business school and had to take one Business Law class. The first thing they said was "If at all possible, never enter into a Business Partnership with anyone, including relatives, no less strangers, because it almost never ends well". Took that advise through life. I'm sorry this happened to you Lindey.
Ooh I didn't even think about that!!! All he ever really did was spreadsheets. He didn't do much else after they hired staff. Prior to that he did all the shipping. After staff was hired it was spreadsheets all day every day
Hey now, not everyone is using it as a coverup. I'm a spreadsheet lover, I use spreadsheet formulas and macros to automate some of my tasks so it takes less time. Then I teach the rest of the team how to do it so we can all be efficient.
My now exhusband kept showing me spreadsheets of how our money would be divided when we decided to divorce. I asked over and over to show me the actual accounts, but he would just keep doing the spreadsheets. I did get a lawyer later.
Ya know the other maddening thing it's not just the dollars lost here - how many hours did you spend ruminating, thinking, crying, talking it through w/ others, and worrying over how to reconcile this matter? How many sleepless nights? Those are lost hours that could have been spent making money, growing the business, or being with family. And that stuff really messes up our nervous system, affecting our physical & mental health. I do believe there is always a reason or bigger purpose that we go through this stuff. Sharing it was very brave & will absolutely help others. And you're right. bragging is a sure sign of insecurity - confidence is silent.
These last couple of raw emotion videos have been difficult on you but I really appreciate it. Any of us could have been caught up in this mess. Sadly beyond the $20k they were pilfering all profitable items from the bin store which likely led to the ultimate failure. Looking forward to you coming out on the upside in a couple months and being your bubbly self again soon! ❤
A mom has a lot more life experience and intuition that one should listen to. It’s good that you can reflect on this experience and share it with us. Unfortunately they will continue to scam others but eventually they will meet their match. Take care. It’s really nice to see you posting again.
Hon, I have been watching your channel ever since you were selling out of your basement. I'm so sorry you were treated like that. They will get what's coming to them. 🙏 ((Hugs)) from CA. ❤
I learned in university that business partnerships are always sailing in troubled waters and a shipwreck is bound to happen. My freshman roommate was still solidly embittered by her father’s business failure and ultimate financial ruin when she was a child because of how his “best friend” took advantage of the coupling and inevitably embezzled all of the money. I swore to never find myself in this type of situation and I never have.
Sorry this happened. I admire you being such an honest hard worker and business person. Working with others is always difficult! That’s why I like being antisocial. I wouldn’t have the courage to fight back like you have. Apparently they will never make it in life because they are not honest and manipulative. It’s probably not the first time they did something like this. Won’t be the last.
You not only need to file a police report about everything they stole from you, but you need to report their theft and bad business practices/shifty/unethical behavior to your state attorney generals office. More than likely, these people have pulled this con on other business owners, and you wont be the last.
The way you're telling the story says the amount of disappointment and pain you are feeling. Money doesn't have friends and/or family. One more lesson we can all learn from.
Wow!! That was really messed up Lindey!! TYFS because this will help others to be aware and cautious about going into business with others. Hang in there, Lindey and stay strong and know we love you!❤
Im soo sorry that happened to you. You are such a strong wonderful woman and didnt deserve that. Karma will, if it hasn’t already, catch up with them. Your great at tell your life experiences. Please share more if you have any. Have a Lovely evening xxxx
I honestly think that you should have never ever opened a storefront. No offense but from the Landlord to these people you were better off selling on EBay without the hassles of crap like this
@@dorcasia109but if it’s your opinion and it actually happened then she should be fine. Even though I agree they could still take legal action, which sucks :(
Moms rock! My mom was only wrong once about a person she met. She was spot on about everyone else. I'm so sorry you had to go through this, but you seem to have a great attitude about what happened and that you have moved on in a positive manner. Congratulations to you, you are a much bigger and better person than most.
A person like this is their own worse enemy . The business community gets wind of this and they are on their own. In partnership, always get an attorney.
They are both narcissists and what they do is discard people that they can no longer get their supply from. I am so sorry, but you and your mother were smarter than they were!
If you get a judgment against them, I believe you can file a lien against their house, car, or any other item that has value so if they sell it you get paid first. Truly a learning experience and a horrible learning experience. I hope you can get repaid but those two scumbags are the worse of humankind to do this to someone like you. I appreciate all the information you share and you have helped me greatly with my reselling adventure.
Unfortunately some of the best and biggest lessons in business and in life are the hardest ones to overcome. It seems like you've gained some clarity on the situation and are taking action to reclaim what's owed. I hope you at least get something back from them if not everything .
They were making partial payments, and think she said, because she was a friend of theirs at the time, and trusted them, but she did eventually cut it off.
The bragging thing. Is it manifesting or is it con artistry? 😂 But seriously, so sorry that happened to you Lindey! It’s such a gross feeling to trust someone and be scammed. 😔❤
I to see things like this happen to good hearted people!!! It pisses me off because I know exactly how feel. No matter what, don't let it change who you are deep in your soul.
Contracts are always key to an endeavor like this and in the future when you write such contract make sure to have a "personal guarantee clause" - basically it protects against them claiming bankruptcy and walking away from a business deal scott free, they are personally guaranteeing the money owed despite any claim of bankruptcy or loss of business.
So sad that has happened, they took advantage of your goodwill and good intentions. Their method of doing business will get them in the long run. What many do not understand is that overhead is a big factor, also having employees. You can have money rolling in, but with all of those factors, the money shrinks quickly. Buying a new car while in debt speaks volumes about their mode of operation, mindset and it won't bode well in the long run.
So sorry this happened to you Lindey. I agree with you 100%. They are narcissists and you were their target from the beginning. They come across as so attractive, successful and appealing at first. They love bomb and make you feel like you are so lucky to have them in your life as a friend or business partner. Things are going so well at first and you feel on top of the world. Then, the orchestrated drama starts unfolding and everything starts crashing. You wind up getting the short end of the stick and losing the most. They never even try to make it right and cast you aside when you no longer serve their purpose. That's OK though because they will never really gain much, especially after doing people so wrong. I know this from experience.
Oh Lindey! I'm so sorry this happened to you. It's so disheartening that people have the audacity to take advantage of others like this, especially knowing of your situation with your landlord. What trash people. Oh, and mama's are ALWAYS right! 😉💞
So after they burnt you the 1st time you still went back to splitting the loads with them? I understand they paid you in full by Christmas but that was a tale tale sign NOT to go back into business with them.
Saw you coming a mile away. I'd be surprised if she even sold that IPad. P.S sourcing is the most difficult part not selling. They saw all your good stock and you where the golden goose
Please Dont be Too nice to " Friends " as they mnake use of us when they need us but when they find that they cant use us anymore they become rebeliious and start fighting with you ... believe all my " Friends " they always paid me partially but they never help us back !!! You are very nice please dont be bullied !!! Dear Actress !!!
If they have any morals at all, I hope they have a burning guilt every time they look at all the wedding pictures you are in. So sorry you have had all this pile up on you. You don't deserve it. Prayers and best wishes. 2024 will be the year of Lindey! 🥰
That's awful. But honestly, a red flag to me are people who want to be fast friends. Asking you to be in their wedding was weird. And I would have immediately cut ties when payments stopped being made.
A year from now: Lindey finds out they're "getting married" again in some other town, with some other business lady as Kate's only bridesmaid, etc. ... and they also got married in several other towns involving several other business people in the past. 🤣
Oooh AND: it turns out they have a Pod they move from town-to-town, full of all the wedding stuff that they'll "have to buy" (silk flowers and all) to postpone paying each mark along the way.
I think we're all learning more than we want to know about con-men. I could be wrong, but it seems like people who are "good with money" are also good at manipulating money and people to their own profit. And you're right-- it wouldn't have hurt THIS much, if you hadn't started to think of them as friends.
Omg excellent story teller, at times looked like you were fighting back tears…😢 kept me intrigued throughout your ordeal, and trust me, I am not a business person at all. I am a pilot. Keep on keeping on. Kev.👍
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I was hugely scammed by someone who claimed to be a friend. Hugs to you. Those who have never dealt with professional con artists have no idea how it all goes down. How they set you up before you even meet them and all the nefarious stuff behind the scenes. But I know how this happens from my own horrible experience and I wish you well.
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Oh, yes, no point in suing con artists. They have it all worked out before they even meet you. Every step. They have lawyers and so on behind the scenes so don't worry about suing them cos they will waste your time, money, and good energy. Karma will get them.
So sorry to hear about this. Glad you are back on youtube tho! You're s best person. I'm looking forward to learning more about how you sell in your fb group.
when you said, well what he does, how he spends his money that's his business, you got your money. there's a lesson there too, don't miss it. that is your business. How you do one thing, is how you do everything. if they paid, on time, all the time, fine. but once they show they can't be trusted, everything is to be questioned. i was so hoping once you said you were paid in full, you told them we have to separate our business.
Business and friendships never go well with each other. Also late age friendships are only skin deep. But critically, business thrives because of daily tough decisions and friendships dilute that ability to be firm and decisive. I value the lessons on red flags at the end.
Partners are the death of the dream. My husband’s best friend “partner” worked in our service business out on the road. My husband manned the office and bids, etc. Well, the partner decided to tell the customers how bad he was treated (not) and then made his own company. The customers went with him. He was a charmer. It took us so long to get back on our feet since he skimmed all the cream off the top. Had to remortgage our home to keep afloat. We never talked to him again and that was in the early 90s. Very hard lesson.
I will never go into business with friends or family. Im sure so many people can relate with you. Appreciate you sharing your unfortunate business experience. Folllow moms gut, they usually know best. lol
My mom is almost always right about everything, too. I'm a grown ass woman, and she is still always right! LOL. Luckily, she is very kind and sweet and never holds anything over me. Never ever says "I told you so". She's such a blessing to me:)
The only people who share a gold mine are those people who want you to move all of the dirt.
Never heard that saying before - I like it.
Love this!
Great statement that's full of truth.
Per the great Dave Ramsey “The only ship that won’t sail is a partnership.” Another quote I love is “Sometimes you win, sometimes you learn.” ❤
I was told this quote from my grandma; " Never a lender or borrower be" . I believe it's from Shakespeare.
I like those quotes!!
Bob sounds like Trump!
"Business happens when a man with money meets a man with experience. The man with the experience gets the money, and the man with the money gets the experience."
-Bonanza
And all ships sink, eventually.
Never trust anyone in business, not even members of your own family.
You speak the truth.
I've always said, "friends and family will do it to you faster than total strangers" and sadly, I've never been proven wrong yet.
I've been conned, to one degree or another by everyone I ever went into business with EXCEPT my brother. Unfortunately, he died in 2020. Since then, I've followed a no-partners policy. Employees, sure. Contractors, sure. But nobody I can't easily get rid of, or who can scam me.
exception: your mom, always take her advise and sleep on things she said.
That's wise, when it comes to money, greed can cause people to take advantage.
you should never co-mingle funds, first mistake was letting them take merchandise from you without payment in full BEFORE they get the item
Yep
Another youtube genius with the shoulda woulda coulda answers. Well done. Everyone wishes they had the same 20/20 hindsight vision you clearly possess. Oh, that's right, they do. dhead.
@@mrsog7468sod off
there are unscrupulous people, and they can tell that you are a caring person, which is why they wanted you to be a "friend".....this happened to me too.
I have a bestie of 30 years who wanted to partner in my Ebay business and I had to tell her NO because I knew it would end our friendship. Unfortunately it’s the people close to you who will do you in😮
Business relationships are akin to a marriage... those that work well are awesome, those that don't end in a nasty divorce... with mortal enemies. I have a couple business partners that we've shared multiple ventures with over the last 40 years, as well as a couple I would never enter a business relationship with again. Being honest, understanding each other's roles, strengths and weaknesses, ability, and TIME INVESTMENTS are vital to longevity. Not each and every business venture CAN WORK well, but most good ones CAN WITH EFFORT.
True my mother always tells me: Friendship ends, where money begins.
We were scammed once by a fake model agency. Never again.
So true. Business has to be rational. Hobby businesses especially with women is all about feelings, fun and pretend. Women can certainly be excellent business people. They don't partner with friends and family.
y would she be your bestie then? if ur sure she would screw you over?
Yep, my husband has a business partner who was one of his good friends that he now hates. And they’re totally enmeshed together in this business, so he can’t get away from him. He comes home stressed out every single evening telling me all of the horrible and passive aggressive things this guy said and did all day. I’ve wondered what this guy goes home and tells his loved ones about what my husband is doing to him. If this were any other kind of relationship I’d beg him to just get rid of this guy from his life and never look back. But he can’t in this situation because the guy and he are completely financially tied together, and neither can afford to buy the other off. Be very careful who you go into business with, even more so than who you dare.
The first red flag was how they were doing business the first day you met them. They were already conning you.
Yes, exactly! I thought the same thing. It’s sad.
How was it conning?
How so?
This lady is way to kind and trusting to run a business
A bridesmaid after a 6 month friendship? That’s a huge red flag.
Yep. THAT was the biggest red flag.
YES! I’m always leery of people that are 30+ years old, but don’t have ANY long term friends. I can see if they’re new in town, but they should have friends from back home or from a previous place that they lived. If they don’t then they have either picked bad friends in the past (they have bad judgement) or they were the bad friend. Some people aren’t very outgoing and keep to themselves, but you can easily see that and they probably won’t be trying to befriend you anyway.
The best con is you coming up with “the idea”!
My mom ran into a similar issue. She opened up a store with a friend who later ran off with all the money causing my mom to lose the store. I was 12 at the time and it just broke my heart to see how destroyed my mom was and not being able to help.
Allowing EVERY 'owner' PERSON to have 100% access to 'the accounts' requires ethical people with high integrity to begin with. Drugs, gambling, bad romantic relationships, divorce, and jealousy are all factors that often cause these type of issues. CHALLENGING at best, devastating at worst.
That is so sad. I’m so sorry.
Hope your mom overcame
Hugs to your mom ❤
Once you were paid in full, should have established new terms, 5k limit, check every Friday.
This is definitely what I was thinking. Clearly they couldn’t keep up and that wasn’t going to magically change. Their expenses were too high somehow.
Only way she was going to win with these losers was payment upfront before they could sell her inventory. At least cost+some prodit
Generous of you to post this story. Scams are So common.
Same with church - no $ no membership
Better yet, end the business relationship right then and there.
That is why greed is a vice. To be a good salesperson, you can’t have greed as a motivator because like any vice, it doesn’t last and it’s your downfall. Slow and steady wins the race.
My mother told me twice about two business partners that they would turn out bad , one stole money from me $220K to be exact and the other didn’t put in the work that was necessary to continue the business, I will 100% always listen to my mom
220k...OUCH 🤕
Not all Mom’s are created equal. My Mom had zero people radar, and pushed me and my other siblings into weird situations with her bad advice. She herself got all Stockholm Syndromy with a very unscrupulous extended relative who took over her life and convinced her to make a lot of bad choices, such as getting a reverse mortgage. Nobody could tell my Mom anything to dissuade her from not worshiping this person who she saw as “so competent.” Competent = large ego. I could go on, but I just wanted to put my two cents in. Almost every time I allowed myself to be pushed into taking my Moms advice it went very badly.
Except when you don't listen
As Robert Ringer taught in his books, there are three kinds of people you deal with in business: the ones who tell you they're going to screw you, the ones who lie and say they're NOT going to screw you (but do), and the people who never mean to screw you but do. The last category is always the one that screws you the worst.
I agree and it has been a long time but I do remember that, thank you.
People will always disappoint you no matter what.
Robert Ringer 🐢 great books.
this hits heavy, just had to tell an employer how they screwed everyone over
With friends like that ,who needs enemies .
Bob and Kate are outright scumbags. I'm sorry this happened to you, but I think it's awesome that you tell the story to help others to avoid these kind of scammers.
How can anyone avoid these kind of scammers when she hasn’t revealed their real names?
How about knowing not to go in to business with so called friends and don’t be so impressed with people that you turn a blind eye to all the red flags that were already there from the onset of all of this.
You have to pay attention to who surrounds you at all times.
I had something similar happen to me.😢😢😢😢
You are one tough cookie! And God does not sleep!!
@@ConcernedCitizen-fx7duyou act like she’s the first person that this has happened to. It happens all the time. The entire country has been fooled by con artists throughout history. You’re not immune!
Be honest with yourself about red flags. The way they were selling out of her store: 🚩 The iPad: 🚩 The 60/40 🚩 The trying to steal her idea 🚩 The half truckload thing was actually fine imo. Anyhow, people tell on themselves, their charming personalities just blind us.
Wait it out, In the future if they should buy a house put a lien on their house and property. It may work.
If they sell the house and there is a lien on it and you have proof of money owed, when the house is sold your money will be deducted. Check with you State.
In almost every state, you have to have a judgement in order to record a lien. You can't just go file a lien.
@@nunyaDbizWell it’s a given that you need a judgment to get a lien. I think they just simply didn’t post all the steps. To that end you need to go to small claims court, win, to get a judgment. It’s annoying that we have to teach people common information in our posts. If people don’t know how to secure a lien or look up how to secure a lien then they have bigger problems.
She already said she was not going to take them to court, so your comment about recording a lien is a moot point if she has decided not to get a judgement against them, in which case a lien is fraudulent, and in most states recording a fraudulent lien is a felony
She mentioned that they were running everything under a company name and not as small business owners. She would have to sue the company and like she said, the company had no assets. Unless the law works differently in the US to the rest of the world, it would be throwing good money after bad.
I am so sorry what happened to you but I have to say you really gave a great explanation on the red flags of going in to business with someone. You really educated a lot of people today. Thank you
A similar thing happened with my sister and her husband. They started a bakery with friends and the “friends” just siphoned cash out of it when they weren’t there. There was nothing they could do. I’m sorry they did this to you. You basically financed their wedding. I would like to note that even with all the things that happened to you, you had a cash reserve to pay the landlord, you are still viable and trying hard to make it each month. You are changing as you need to. You are the better business person even if you don’t feel like it. I imagine their debt both personally and in business is significant. His smooth talking will just dig him deeper!
Nine minutes in and all I've heard is that you were impressed, they were impressive. Like you said it 50 times already.
No, brilliant.
I disagree with the split arrangement because in this situation you are to principal they are the agent. Thats split is not fair on your end because as the principal you still have your overhead cost and storage cost. You would of treated them as wholesalers and given them the 40% discount and have them run their business off that. But those items would be been sold by your direct local customers that would increase local brand loyalty and awaerness on deals. They took from the Lions share without participating in the actual merchandise sourcing, or paying to keep the lights on.
This is why I don’t have buisness partners except myself. Can’t trust anybody ESPECIALLY with money
me too
Exactly, in theory, it's easier to have a business partner so you're not spread thin, but it sadly usually always goes sideways and you get done dirty. I have small business and its just myself and I (well God too)
I have one partner. My wife. I like her so it's a good partnership😊
@@SprucedandGussied Its always a plus having god on your team
I didn't catch her video until day 12. I wrote a comment, then read others. Your comment and mine are right on. ....
"Independent & Solo...Who do you trust with your money? You never know. Sad, that 'those kind of 'scumbag people' are out there."
There are NO friends in business, and, the best way to lose friends, is going into business with them.
EXACTLY!
And family.
. I think in some cases that family can be even worse...
Or buy a house with a life long friend. Similar to a business relationship that goes sour. We now are mortal enemies. So sad really.
Seems like they paid you off knowing they would not pay you the next time. If they paid you in full once it would give you a false sense that they would again!
Literally what a confidence scam is
Right, looks as if they were manipulating her. Once they paid her off the first time, is when she needed to cut off all ties with these scammers.
Too good to be true. The minute I saw their business model I’d be out. Feels very scammy doing what they did in your store. You are brave. Your perseverance is unsurpassed. People don’t change. After the first time of disappointing you and pushing you off by not paying you, they were done. Trust broken. You were the person at risk. These people are awful.
Hello Valerie. That is all good and practical advice, however, hindsight is always 100% accurate. It's true that 'business is business', however, a person can only go by what feels right at the moment. Lindey, being the kind hearted soul she is, can't help but trust people. That is just the way she is; it's part of what makes her such a loving soul. I guess you could say it's in her DNA but she will bounce back stronger than ever. True, she has been 'set back' but she is nowhere out of the game.
@@gordjohn2322 yes she is a trusting sole and a terrific person. Someone would be lucky to have her as a business partner. She’s one brave woman and I admire her perseverance. I will continue to follow her on her journey! She’ll pull out of this!
Exactly, that "business model" sounds shady af & would have sent me running the other way, where she very clearly was enamored with the idea. So sorry it happened to her, but def warning signs from the get go.
I can't even believe their business model was sustainable. Even with lots of followers, seems like the people would pause buying things at some point.
@@happyzahn8031 exactly what I just said. They lured her thanks to her greed.
Also, you described the relationship as very fast. HUGE red flag.
I have heard of people who sell live while they are in the store. I always thought it was weird and scammy.
I see people do so in my local Goodwill, especially books.
I still think is a tricky business as well.
all over tiktok - people shop at TJMaxx like this
It's low class. If I would've been in her shoes as a store owner, I wouldn't have allowed this.
They started out by collecting $ b4 they purchased an item from you, to then invoicing and delaying collection and paying you, then extending and extending…
the real red flag here and lesson from this is the fact you saw two people doin dishonest things and ripping people off essentially and you didnt realize that it was of bad character and instead glorified it and they unfortunately did the same to you.
how they where ripping people off?
@@DeLeon-gx3emyour pfp 🤣 the irony
@@lukejones7366 ahhhh i was not expecting a racist joke... you got me there... LOL
I'd like to know, too.
They buy, then resell? That's ripping off people? What was the dishonest part? I missed it.
Hi Lindey: johnny salgado here. I’m 71 a fan and an ebay seller. There are no friends now ya know. Stop bring so nice. I’ve followed you since your 100 listing video.
LITIGATION IS THE WAY
LOL the main message from her first video back from the long hiatus was that she is done being nice, and to expect a different Lindey in the videos. I definitely miss the bubbly-ness and funny edits and what-not, but learning from her mistakes by-proxy is honestly more valuable to us.
60/40 cut is not the problem. The problem is skimming the best from your inventory. If you were selecting what to show them, then no matter how the profits or losses came out, I would not call it a scam. You lost the ability to shift goods you bought into different hopefully profitable streams.
They are out of your life forever! Well worth 22k
It will come back universe will make sure ..karma
Drama drama drama !!! Never EVER make friendship with employees or business partners. PERIOD !!!
It depends.
@@mattk8810 It depends..... if you want to have a good business or bad business. I've fired friends and family QUICK! They know I don't mess around in business.
People who make declarative, absolutist statements like “never ever…” are usually drama drama drama.
As per usual, context matters.
@@QEsposito510 Says the broke clock puncher.
NO partnerships, EVER.
This is why I make excuses to people I know when they want me to sell their things on my Ebay. Friendship and business doesn't always work as the guilt trip is what makes it harder to be objective and detached when dealing with issues related to the business.
This applies even in other areas of life, especially love life.
So sorry this happened to you. You have just a kind heart. It sucks when people take advantage. Hopefully there are way more brighter days ahead!
I remember when I was in a business school and had to take one Business Law class. The first thing they said was "If at all possible, never enter into a Business Partnership with anyone, including relatives, no less strangers, because it almost never ends well". Took that advise through life. I'm sorry this happened to you Lindey.
Ok what is your advice when only you isn’t enough to keep the business afloat?
@@carltonthepugfind a business that you don’t need others
@@carltonthepug then they should be employees at that point. Not business partners that have access to all the financials.
@@carltonthepugmake them employees not partners
instead of warehouse facility maybe downsize to storage locker and definitely dont have kids until you have your sht together as they say
I had a coworker who was really into spreadsheets. It was a diversionary tactic covering up a lack of actual work.
Ooh I didn't even think about that!!!
All he ever really did was spreadsheets. He didn't do much else after they hired staff. Prior to that he did all the shipping. After staff was hired it was spreadsheets all day every day
Hey now, not everyone is using it as a coverup. I'm a spreadsheet lover, I use spreadsheet formulas and macros to automate some of my tasks so it takes less time. Then I teach the rest of the team how to do it so we can all be efficient.
No need to disclose, but was this a government job?
@@LindeyGlenn sorry youre sotry closed but this dude wasnt textbook conman he was more of an incompitent
My now exhusband kept showing me spreadsheets of how our money would be divided when we decided to divorce. I asked over and over to show me the actual accounts, but he would just keep doing the spreadsheets. I did get a lawyer later.
Ya know the other maddening thing it's not just the dollars lost here - how many hours did you spend ruminating, thinking, crying, talking it through w/ others, and worrying over how to reconcile this matter? How many sleepless nights? Those are lost hours that could have been spent making money, growing the business, or being with family. And that stuff really messes up our nervous system, affecting our physical & mental health. I do believe there is always a reason or bigger purpose that we go through this stuff. Sharing it was very brave & will absolutely help others. And you're right. bragging is a sure sign of insecurity - confidence is silent.
this!
These last couple of raw emotion videos have been difficult on you but I really appreciate it.
Any of us could have been caught up in this mess. Sadly beyond the $20k they were pilfering all profitable items from the bin store which likely led to the ultimate failure.
Looking forward to you coming out on the upside in a couple months and being your bubbly self again soon! ❤
A mom has a lot more life experience and intuition that one should listen to. It’s good that you can reflect on this experience and share it with us. Unfortunately they will continue to scam others but eventually they will meet their match. Take care. It’s really nice to see you posting again.
In my opinion getting the goods is the most difficult part it should have been you get 60 they get 40
Hon, I have been watching your channel ever since you were selling out of your basement. I'm so sorry you were treated like that. They will get what's coming to them. 🙏 ((Hugs)) from CA. ❤
I learned in university that business partnerships are always sailing in troubled waters and a shipwreck is bound to happen. My freshman roommate was still solidly embittered by her father’s business failure and ultimate financial ruin when she was a child because of how his “best friend” took advantage of the coupling and inevitably embezzled all of the money. I swore to never find myself in this type of situation and I never have.
Sorry this happened. I admire you being such an honest hard worker and business person. Working with others is always difficult! That’s why I like being antisocial. I wouldn’t have the courage to fight back like you have. Apparently they will never make it in life because they are not honest and manipulative. It’s probably not the first time they did something like this. Won’t be the last.
You not only need to file a police report about everything they stole from you, but you need to report their theft and bad business practices/shifty/unethical behavior to your state attorney generals office. More than likely, these people have pulled this con on other business owners, and you wont be the last.
The way you're telling the story says the amount of disappointment and pain you are feeling. Money doesn't have friends and/or family.
One more lesson we can all learn from.
Amen
I have friends and we are doing business with them and we all have a good relationship 😊
Wow!! That was really messed up Lindey!! TYFS because this will help others to be aware and cautious about going into business with others. Hang in there, Lindey and stay strong and know we love you!❤
Im soo sorry that happened to you. You are such a strong wonderful woman and didnt deserve that. Karma will, if it hasn’t already, catch up with them. Your great at tell your life experiences. Please share more if you have any.
Have a Lovely evening xxxx
Expensive lessons! Sorry this happened to you. What dont kill ya makes ya stronger!! You are a very creative and hardworking person, you will be fine
I would serve a lawsuit. In bankruptcy you still get your opportunity to stand in line to get paid. You could probably stop the new business
Exactly I was thinking that myself. They can seize most of their property to pay creditors a nd such.
She did think about suing but she said it will cost a lot and will take a lot of time, with no guarantees of winning.
So many valuable lessons in this 45 minute video. ❤
I honestly think that you should have never ever opened a storefront. No offense but from the Landlord to these people you were better off selling on EBay without the hassles of crap like this
Trust only your mom LOL
You need to expose these people, why on earth would you protect their identity so they can now go and do this to someone else?
because they could take legal action against her if she did
@@dorcasia109 She needs to be the one taking legal action.
@@ccrbonline1752 they'd just declare bankruptcy and you are lucky to get pennies on the dollar that may not even cover legal fees
@@dorcasia109but if it’s your opinion and it actually happened then she should be fine. Even though I agree they could still take legal action, which sucks :(
Agree
Moms rock! My mom was only wrong once about a person she met. She was spot on about everyone else. I'm so sorry you had to go through this, but you seem to have a great attitude about what happened and that you have moved on in a positive manner. Congratulations to you, you are a much bigger and better person than most.
That's sounds kinda shady to begin with... That would have been an immediate red flag.
A person like this is their own worse enemy . The business community gets wind of this and they are on their own.
In partnership, always get an attorney.
The problem is friends and business rarely last long. It's better to keep the two apart.
They are both narcissists and what they do is discard people that they can no longer get their supply from. I am so sorry, but you and your mother were smarter than they were!
So sorry to hear, t he first mistake was thinking they were your friends!!!! They scammed you since the beginning !!!
They say that what doesn’t kill you makes you stronger. You are a strong woman. You will survive.
So sorry to hear AND you are awesome. 🙂
You are very sweet lady they took advantage of you. I’m very proud of you. You will be fine. Very sorry this happened to you.
Friends and business don't mix well sadly
Ditto with family
If you get a judgment against them, I believe you can file a lien against their house, car, or any other item that has value so if they sell it you get paid first.
Truly a learning experience and a horrible learning experience. I hope you can get repaid but those two scumbags are the worse of humankind to do this to someone like you.
I appreciate all the information you share and you have helped me greatly with my reselling adventure.
I think she said that they rent everything.
They will buy at sometime.
Unfortunately some of the best and biggest lessons in business and in life are the hardest ones to overcome.
It seems like you've gained some clarity on the situation and are taking action to reclaim what's owed.
I hope you at least get something back from them if not everything .
I'm sorry this happened to you. Always trust mom. Much love to you and your family.
I’m so sorry this happened… Always listen to your mom! I had to learn that the hard way, too…
Why didn't you cut them off from the merchandise until they paid up?
They were making partial payments, and think she said, because she was a friend of theirs at the time, and trusted them, but she did eventually cut it off.
The bragging thing. Is it manifesting or is it con artistry? 😂 But seriously, so sorry that happened to you Lindey! It’s such a gross feeling to trust someone and be scammed. 😔❤
I to see things like this happen to good hearted people!!! It pisses me off because I know exactly how feel. No matter what, don't let it change who you are deep in your soul.
First rule of anything in life...always have an exit strategy.
Holy cow that's not scamming at all that's similar to drop shipping e-commerce. Where suppliers don't ship out the items until someone buys.
Contracts are always key to an endeavor like this and in the future when you write such contract make sure to have a "personal guarantee clause" - basically it protects against them claiming bankruptcy and walking away from a business deal scott free, they are personally guaranteeing the money owed despite any claim of bankruptcy or loss of business.
You have a big heart, many of us have been in your shoes. I am sorry this happened to you.
Some people would get pay back on scammers like this. Perhaps if they do this again to someone else, they just might not get off so easy.
So sad that has happened, they took advantage of your goodwill and good intentions. Their method of doing business will get them in the long run. What many do not understand is that overhead is a big factor, also having employees. You can have money rolling in, but with all of those factors, the money shrinks quickly. Buying a new car while in debt speaks volumes about their mode of operation, mindset and it won't bode well in the long run.
So sorry this happened to you Lindey. I agree with you 100%. They are narcissists and you were their target from the beginning. They come across as so attractive, successful and appealing at first. They love bomb and make you feel like you are so lucky to have them in your life as a friend or business partner.
Things are going so well at first and you feel on top of the world. Then, the orchestrated drama starts unfolding and everything starts crashing. You wind up getting the short end of the stick and losing the most. They never even try to make it right and cast you aside when you no longer serve their purpose.
That's OK though because they will never really gain much, especially after doing people so wrong. I know this from experience.
Oh Lindey! I'm so sorry this happened to you. It's so disheartening that people have the audacity to take advantage of others like this, especially knowing of your situation with your landlord. What trash people. Oh, and mama's are ALWAYS right! 😉💞
I am so sorry you went through this... makes me nervous to open my woodworking/river table business with friends
So after they burnt you the 1st time you still went back to splitting the loads with them? I understand they paid you in full by Christmas but that was a tale tale sign NOT to go back into business with them.
Saw you coming a mile away. I'd be surprised if she even sold that IPad.
P.S sourcing is the most difficult part not selling. They saw all your good stock and you where the golden goose
Please Dont be Too nice to " Friends " as they mnake use of us when they need us but when they find that they cant use us anymore they become rebeliious and start fighting with you ... believe all my " Friends " they always paid me partially but they never help us back !!! You are very nice please dont be bullied !!! Dear Actress !!!
If they have any morals at all, I hope they have a burning guilt every time they look at all the wedding pictures you are in. So sorry you have had all this pile up on you. You don't deserve it. Prayers and best wishes. 2024 will be the year of Lindey! 🥰
That's awful. But honestly, a red flag to me are people who want to be fast friends. Asking you to be in their wedding was weird. And I would have immediately cut ties when payments stopped being made.
Lindey I'm so very sorry. I've been scammed by a " friend " wholesaler. Big hugs from afar
I can’t believe they actually got married. I am so sad this happened to you. I appreciate you sharing and insights.
Very strange people get married all of the time. I see them every day 😂
A year from now: Lindey finds out they're "getting married" again in some other town, with some other business lady as Kate's only bridesmaid, etc. ... and they also got married in several other towns involving several other business people in the past. 🤣
Oooh AND: it turns out they have a Pod they move from town-to-town, full of all the wedding stuff that they'll "have to buy" (silk flowers and all) to postpone paying each mark along the way.
A modern day Bonnie and Clyde
@@audreymuzingo933THAT'S the Netflix script 😂 (Have you seen IMPOSTERS?)
Appreciate the story and your insights on the scammers when looking back on how they acted.
I think we're all learning more than we want to know about con-men. I could be wrong, but it seems like people who are "good with money" are also good at manipulating money and people to their own profit. And you're right-- it wouldn't have hurt THIS much, if you hadn't started to think of them as friends.
Omg excellent story teller, at times looked like you were fighting back tears…😢 kept me intrigued throughout your ordeal, and trust me, I am not a business person at all. I am a pilot. Keep on keeping on. Kev.👍
I was hugely scammed by someone who claimed to be a friend. Hugs to you. Those who have never dealt with professional con artists have no idea how it all goes down. How they set you up before you even meet them and all the nefarious stuff behind the scenes. But I know how this happens from my own horrible experience and I wish you well.
Oh, yes, no point in suing con artists. They have it all worked out before they even meet you. Every step. They have lawyers and so on behind the scenes so don't worry about suing them cos they will waste your time, money, and good energy. Karma will get them.
So sorry to hear about this. Glad you are back on youtube tho! You're s best person. I'm looking forward to learning more about how you sell in your fb group.
when you said, well what he does, how he spends his money that's his business, you got your money. there's a lesson there too, don't miss it. that is your business. How you do one thing, is how you do everything. if they paid, on time, all the time, fine. but once they show they can't be trusted, everything is to be questioned. i was so hoping once you said you were paid in full, you told them we have to separate our business.
That is exactly right - how we do one thing IS how we do everything
Business and friendships never go well with each other. Also late age friendships are only skin deep. But critically, business thrives because of daily tough decisions and friendships dilute that ability to be firm and decisive. I value the lessons on red flags at the end.
Partners are the death of the dream. My husband’s best friend “partner” worked in our service business out on the road. My husband manned the office and bids, etc. Well, the partner decided to tell the customers how bad he was treated (not) and then made his own company. The customers went with him. He was a charmer. It took us so long to get back on our feet since he skimmed all the cream off the top. Had to remortgage our home to keep afloat. We never talked to him again and that was in the early 90s. Very hard lesson.
WoW!!! That's so messed up!!
You know the good ole sang friends & business don’t go together most of time sometimes you got know when pull out while you’re doing good 💙
Thanks!
I will never go into business with friends or family. Im sure so many people can relate with you. Appreciate you sharing your unfortunate business experience. Folllow moms gut, they usually know best. lol
My mom is almost always right about everything, too. I'm a grown ass woman, and she is still always right! LOL. Luckily, she is very kind and sweet and never holds anything over me. Never ever says "I told you so". She's such a blessing to me:)
Sorry this happened to you. Very informative video
You’re taking this extremely well. Salute, but you need to Expose them ❤