[QUOTE=Heffalump and Roo]
When I read your OP, I wondered if this is true and how you know it, or if you’re just assuming it.
Are they multimillionaires by assets, net worth or sales? And how do you know?
I ask because I used to work in a bank and people who other people think are very wealthy usually are not. Wealthy people don’t live lavish lifestyles and squander all their money. Most of the people that other people thought were high society actually had more debt than assets in many cases, and the interest on the debt took all their cash. I remember one case where this guy who owned a bunch of hotels went bankrupt seemingly overnight, but he must have been on the edge for a long time.
You might think that because you’re sending tons of money their way from your carwash that they get to keep it. Very likely, these payments go to debt service. And of course, to support their lavish lifestyle, which they probably rationalize by considering them business trips to network.
Your boss doesn’t sound like someone that could easily spare this money. Calling back every five minutes is time-consuming and emotionally draining. I’m guessing that he really doesn’t have the money and is therefore more worried about the potential expense than you.
[/QUOTE]
No, I assure you, he has a ton of money that he inherited. The two companies that his family derives their wealth from are the largest of their kind in the world, Batesville Casket Company and Hill-Rom.
I read somewhere that his Dad is worth close to a billion dollars, and his Dad’s siblings are also worth hundreds of millions each. My boss was trusted tens of millions, as were his brother and twin sisters.
I can say this about them…they don’t live a particularly lavish lifestyle in terms of outward appearances, aside from their huge houses. But they eat out at the finest restaurants a lot, travel to exotic locales a lot, and my boss’ Dad has three homes, one of which is in Naples (where the yacht is), as well as being an antique car collector…
Oh yeah, and the chain broke AGAIN today after I left. I was at my parents house to celebrate their anniversary and luckily I was able to call one of my guys up that was off today that’s pretty mechanically inclined, so it’s back together again…for now.
So that’s four breakages since Thursday. I wonder if this will finally jar him to get me what I need to keep his business operational!