The Jordan Harbinger Show 1158: Can Coup Against Kin Save Family Fortune? | Feedback Friday
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May 23, 2025 The hosts tackle a listener's dilemma about executing a corporate coup against family members who hijacked the family business through manipulation. They explore the emotional complexities of helping a friend stuck in a toxic relationship and the psychological toll it takes on loved ones. The conversation also dives into the repercussions of significant bank fraud faced by recent business buyers, emphasizing the need for better financial protections. Join the lively banter filled with insights on family dynamics and personal growth.
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Family Business Betrayal
- A family manufacturing business thrived under the mother who paid off massive debt and built a new company.
- After her death, the sister and niece misused company funds and ruled by intimidation, threatening employees and damaging reputation.
Legal Steps for Corporate Coup
- Follow the company's bylaws or governing documents to legally remove officers misusing the business.
- Prepare evidence, request formal records, and be ready for a potentially long and costly legal fight.
Rebuild Company Culture
- Change company culture by promoting open communication and safety for employees to report wrongdoing.
- Take accountability for past limited action and set a clear, new leadership tone to restore trust and loyalty.
