Tell me i'm wrong for being frustrated with the owner of my company who comes up for three or four hours a week.
It's set up so that he is president, owns a pass through company and a holding company. He created a company to facilitate the close where he siphoned money at close, paid himself closing costs and 2% for stock issuance to himself, took out 300,000 from our closing loan that's still in a suspense account, then he takes out loans from our line of credit to our sister company, then pays himself for undescript closing costs woth wires he initiates with no forethought, then drains our highly profitable company of money so that WE have to draw from our own line of credit to hit payroll. Then he hits us with surprises like bringing on his friend as a consultant at 1,000 /week for a one hour meeting that changed nothing at all about our Financial situation, then finally adds himself to payroll with no thought that it could make cash flow tight, despite having 1.6 million in AR, which is many times more than we normally would have at less than 300k a month in expenses. By the way, since I started, the only big losing project we've had was the one he sold. We lost 200% on it, meaning we spent three times the cost. He also started having us pay his sister company for software we aren't using.
I am sure it is all “perfectly legal”, but I don't like it or him when he doesn't understand the business, seek to learn it or understand why things are done a certain way. He likes to grow revenue, compete on price, change priorities, disrupt then complains about deadlines.
This is all well and good, until I stay at work until 12 in the morning after coming in at 7 (with a half hour commute) so that I can facilitate his worthless “not optional” demands. It feels like i am shirking my duties if i leave at 6:30 and am home by 6.