Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,143,295 members, 7,780,693 topics. Date: Thursday, 28 March 2024 at 07:45 PM

Am I Wrong To Do This To My Brother? - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Am I Wrong To Do This To My Brother? (23626 Views)

Funds In My Brother's Bank Account Was Wiped Off / I Watched My Brother, Sani, Die - Dangote Tells Tinubu / $4800 Sent To Me By My Brother Has Been Hijacked By Nigeria Customs (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (8) (Reply) (Go Down)

Am I Wrong To Do This To My Brother? by kenedyx: 12:23pm On Jan 16, 2023
I got a huge contract through my brother's company.

The contract is securely in my possession now and I've been fully paid. Initially, the plan was for my bro to supply me the materials

But the issue now is the quotation he's giving me is way higher than what I'm getting elsewhere.

I've asked him to beat down his price but he's adamant. I plan on sidelining him if he doesn't do the needful.

Guys any thoughts on this?

6 Likes 2 Shares

Re: Am I Wrong To Do This To My Brother? by sisisioge: 12:31pm On Jan 16, 2023
Is your brother selling materials normally or sourcing for it so he could make some money from the contract as well? Did you guys have a prior agreemen on whether or not he gets a rebate from the contract? People and money sha, better thread softly so you dont become a one time contractor in his company or worse, your delivery sabotage.

141 Likes 6 Shares

Re: Am I Wrong To Do This To My Brother? by kenedyx: 12:39pm On Jan 16, 2023
sisisioge:
Is your brother selling materials normally or sourcing for it so he could make some money from the contract as well? Did you guys have a prior agreemen on whether or not he gets a rebate from the contract? People and money sha, better thread softly so you dont become a one time contractor in his company or worse, what your delivery sabotage.

He sells the materials. There was no prior agreement of sorts ..just that naturally it's expected that I buy from him since he sells it.

But the honest truth is that I got a hold of his supplier and even other suppliers too.. the difference is just too much to ignore.

grin @ bolded
I get that, but should I be cheated by my own bro?

18 Likes 5 Shares

Re: Am I Wrong To Do This To My Brother? by Wawelexy(m): 1:04pm On Jan 16, 2023
If after buying from him you still have something reasonable to hold on to as profits, I would advice you just patronise him, cos he might still be the door to a breakthrough contract, but if you spoil the relationship cos of little money, you might not regret it tho but might be loosing a lot.

Moreso, that company could refer you to others who your brother won't be your supplier by then anymore, except by choice.... So Just see it as you giving him some money and do the work perfectly... undecided

324 Likes 20 Shares

Re: Am I Wrong To Do This To My Brother? by sisisioge: 1:24pm On Jan 16, 2023
kenedyx:


He sells the materials. There was no prior agreement of sorts ..just that naturally it's expected that I buy from him since he sells it.

But the honest truth is that I got a hold of his supplier and even other suppliers too.. the difference is just too much to ignore.

grin @ bolded
I get that, but should I be cheated by my own bro?

Show him your other quotes then so he can adjust himself accordingly. Meanwhile, you know his suppliers will naturally have cheaper rates than him cos he buys from them and need to markup to make profit....I hope it all works out well for you guys.

86 Likes 3 Shares

Re: Am I Wrong To Do This To My Brother? by kenedyx: 1:25pm On Jan 16, 2023
Wawelexy:
If after buying from him you still have something reasonable to hold on to as profits, I would advice you just patronise him, cos he might still be the door to a breakthrough contract, but if you spoil the relationship cos of little money, you might not regret it tho but might be loosing a lot, that company could refer you to others who your brother won't be your supplier by then anymore, except by choice.... So Just see it as you are giving him some money and do the work perfectly... undecided

Hmmm. So you also believe this will affect our relationship? But he's the one who chose not to sell. To me I feel like I'm losing money that I shouldn't..

2 Likes 1 Share

Re: Am I Wrong To Do This To My Brother? by kenedyx: 1:28pm On Jan 16, 2023
sisisioge:


Show him your other quotes then so he can adjust himself accordingly. Meanwhile, you know his suppliers will naturally have cheaper rates than him cos he buys from them and need to markup to make profit....I hope it all works out well for you guys.

I have shown him quotations.. but he insists he didn't even buy them at that price.
And he's the silent type.. he won't push it but I know he'll be very hurt.

I don't see this ending well either way.

16 Likes

Re: Am I Wrong To Do This To My Brother? by sisisioge: 1:37pm On Jan 16, 2023
kenedyx:


I have shown him quotations.. but he insists he didn't even buy them at that price.
And he's the silent type.. he won't push it but I know he'll be very hurt.

I don't see this ending well either way.

Well, you have tried. Just tell him you would have to buy from those other people and would give him some rebate once the project is completed. But do this only if the difference in their prices is really much and would cumulatively exceed the amount you have in mind as a rebate for him. That way, there wont be shocking outcomes. Whatever you do, spell it out openly at the begining.

34 Likes 2 Shares

Re: Am I Wrong To Do This To My Brother? by kenedyx: 1:55pm On Jan 16, 2023
sisisioge:


Well, you have tried. Just tell him you would have to buy from those other people and would give him some rebate once the project is completed. But do this only if the difference in their prices is really much and would cumulatively exceed the amount you have in mind as a rebate for him. That way, there wont be shocking outcomes. Whatever you do, spell it out openly at the begining.

Actually thanks for this suggestion.

Better to buy it cheaper and share the profits with him. So it will be sort of even.

Great input.

31 Likes 1 Share

Re: Am I Wrong To Do This To My Brother? by Wawelexy(m): 2:22pm On Jan 16, 2023
kenedyx:


Hmmm. So you also believe this will affect our relationship? But he's the one who chose not to sell. To me I feel like I'm losing money that I shouldn't..

I understand you well, but you need to make some sacrifice at times....

10 Likes

Re: Am I Wrong To Do This To My Brother? by ogub(m): 2:49pm On Jan 16, 2023
My one cent, I 'll suggests you buy from your brother just plead with him to give some discount, afterall the money still flows within the family, don't think of just now and forget there's tomorrow.

41 Likes 1 Share

Re: Am I Wrong To Do This To My Brother? by kenedyx: 3:04pm On Jan 16, 2023
Wawelexy:


I understand you well, but you need to make some sacrifice at times....

I pray I listen to you bros. Me set no trust myself.. especially as I believe I need this money more than him currently. He's my elder bro and he has a lot of other things going for him.

2 Likes 1 Share

Re: Am I Wrong To Do This To My Brother? by Wawelexy(m): 3:17pm On Jan 16, 2023
kenedyx:


I pray I listen to you bros. Me set no trust myself.. especially as I believe I need this money more than him currently. He's my elder bro and he has a lot of other things going for him.

Ok bro, do whatever you think is best for you both... Success in your contract....

6 Likes

Re: Am I Wrong To Do This To My Brother? by kenedyx: 3:47pm On Jan 16, 2023
Wawelexy:


Ok bro, do whatever you think is best for you both... Success in your contract....

Thanks bro.
Re: Am I Wrong To Do This To My Brother? by RZArecta(m): 4:11pm On Jan 16, 2023
It's not every battle that you'll fight. Yes, you're on your right to buy from elsewhere but I suggest you buy from your brother even if it's this once. He'll know why you refused to patronize him tomorrow but it won't be with grudges

66 Likes 4 Shares

Re: Am I Wrong To Do This To My Brother? by Nyceguy92: 4:31pm On Jan 16, 2023
Keep the wealth in the family.

If you still make a reasonable profit after all and you are not under obligation to split it with your brother, you should go ahead and buy from him.

His share is built into his quotation.
Besides he got you the contract and more may come in future.

41 Likes 2 Shares

Re: Am I Wrong To Do This To My Brother? by infotainment(m): 4:47pm On Jan 16, 2023
kenedyx:


He sells the materials. There was no prior agreement of sorts ..just that naturally it's expected that I buy from him since he sells it.

But the honest truth is that I got a hold of his supplier and even other suppliers too.. the difference is just too much to ignore.

grin @ bolded
I get that, but should I be cheated by my own bro?


Just tell your brother how much you want to buy from him. If he can't match the price, pls look else where.
Re: Am I Wrong To Do This To My Brother? by yemmit90: 4:53pm On Jan 16, 2023
kenedyx:
I got a huge contract through my brother's company.

The contract is securely in my possession now and I've been fully paid. Initially, the plan was for my bro to supply me the materials

But the issue now is the quotation he's giving me is way higher than what I'm getting elsewhere.

I've asked him to beat down his price but he's adamant. I plan on sidelining him if he doesn't do the needful.

Guys any thoughts on this?

You should've adopted a good strategy the moment you see his bogus quotations and the cheaper ones from other source. He got you the contract, same way he is expecting you 100% to buy materials from him, don't jeopardise your relationship with his person because of today.

I will do this if in your shoes, the moment I see his quotations, I won't even say anything, I will just reduce what I need to buy, 60% from him and get the 40% from other source. He won't suspect anything, since I did not argue or protest his price.

101 Likes 2 Shares

Re: Am I Wrong To Do This To My Brother? by kenedyx: 5:06pm On Jan 16, 2023
ogub:
My one cent, I 'll suggests you buy from your brother just plead with him to give some discount, afterall the money still flows within the family, don't think of just now and forget there's tomorrow.

It's funny that I'm the one to plead with him on this.
So but if I do that and he doesn't accept, will I be right to look elsewhere then?
Re: Am I Wrong To Do This To My Brother? by emmanuelbrown26: 5:19pm On Jan 16, 2023
kenedyx:


He sells the materials. There was no prior agreement of sorts ..just that naturally it's expected that I buy from him since he sells it.

But the honest truth is that I got a hold of his supplier and even other suppliers too.. the difference is just too much to ignore.

grin @ bolded
I get that, but should I be cheated by my own bro?
Greed is playing at d bolded bro. Either greed is about to get hold of u or ur brother since he brought d deal and knows d worth of d deal.
See, if u want to succeed in business or deals, u hv to let go sometimes, u can't get it all d time. Allow him to supply u d materials, in as much as u still hv some profit. But if there is no profit at all after supply, u can come to d roundtable and do some negotiations with him.
Kill that spirit of Greed right now or u get it wrong

65 Likes

Re: Am I Wrong To Do This To My Brother? by emmanuelbrown26: 5:20pm On Jan 16, 2023
Wawelexy:
If after buying from him you still have something reasonable to hold on to as profits, I would advice you just patronise him, cos he might still be the door to a breakthrough contract, but if you spoil the relationship cos of little money, you might not regret it tho but might be loosing a lot.

Moreso, that company could refer you to others who your brother won't be your supplier by then anymore, except by choice.... So Just see it as you giving him some money and do the work perfectly... undecided
exactly my thought comr, greed is just playing here

5 Likes 1 Share

Re: Am I Wrong To Do This To My Brother? by kenedyx: 5:42pm On Jan 16, 2023
emmanuelbrown26:

Greed is playing at d bolded bro. Either greed is about to get hold of u or ur brother since he brought d deal and knows d worth of d deal.
See, if u want to succeed in business or deals, u hv to let go sometimes, u can't get it all d time. Allow him to supply u d materials, in as much as u still hv some profit. But if there is no profit at all after supply, u can come to d roundtable and do some negotiations with him.
Kill that spirit of Greed right now or u get it wrong

That's deep. But this is business and I believe he and every other business man, made their money this way, doing market survey and comparing prices.
I really wish it was someone else and not my brother... I wouldn't have hesitated.

4 Likes

Re: Am I Wrong To Do This To My Brother? by Foodqueen(f): 5:50pm On Jan 16, 2023
Buy from him. If he can refer you now, he will definitely do it again.

This might open other doors that he wouldn't be aware of.

By then you will make lots of money that you wouldn't even have to buy or share anything with him.

Caution!!!!!!

29 Likes

Re: Am I Wrong To Do This To My Brother? by brain54(m): 5:53pm On Jan 16, 2023
Op honestly…


And with all due respect. You do sound like a very greedy person.

What do you even mean by he has other things going for him? Because he has other things going for him you won’t give him his due?

You have seen food now and you think tomorrow will never come.


Chop this one this time and clean mouth but don’t expect any more recommendation from him…


Simple!

67 Likes 2 Shares

Re: Am I Wrong To Do This To My Brother? by Reinamaria(f): 6:07pm On Jan 16, 2023
kenedyx:


I pray I listen to you bros. Me set no trust myself.. especially as I believe I need this money more than him currently. He's my elder bro and he has a lot of other things going for him.

You see that mentality @bolded? Die it! Before it ruins your relationship with your brother.

Brothers should support each other, and not the younger feeling entitled to the older's help whenever.

By the way, you're greedy!

45 Likes

Re: Am I Wrong To Do This To My Brother? by Ishilove: 6:07pm On Jan 16, 2023
So because his brother got him the contract, he shouldn't make profit?? The brother here is the problem, not the OP. If it was another buyer will he not try to shift a little bit so his prices can be competitive?

5 Likes

Re: Am I Wrong To Do This To My Brother? by kenedyx: 6:10pm On Jan 16, 2023
Reinamaria:


You see that mentality @bolded? Die it! Before it ruins your relationship with your brother.

Brothers should support each other, and not the younger feeling entitled to the older's help whenever.

By the way, you're greedy!

Hahaha... You're right though.
The last thing I want to do is ruin our relationship. I'll think about it some more.

4 Likes

Re: Am I Wrong To Do This To My Brother? by GoldenJAT(m): 6:15pm On Jan 16, 2023
Some family members eh! Na only God fit help!! It will help if you state the amount he wants to supply you, and the amount you can get the materials elsewhere!
Because blood or not! You have to make a reasonable profit!!
Re: Am I Wrong To Do This To My Brother? by Ariketolu: 6:20pm On Jan 16, 2023
Op. I understand your angle of view honestly, and that is simply what a smart business minded person would think -maximizing profit.
However, trust me you can't have your cake and eat it. You lost every tendency to have it all to yourself the moment your bro sidelined other contractors to secure it for you. He could have worked it for someone else you know, and I fear that will be his smartest option if you insist on not buying from him.
I guess this is your first serious business dealing with him because there was no trace to any prior pattern btw both of you on your write up and oops, you want to spoil it all in your first "hit".

26 Likes 1 Share

Re: Am I Wrong To Do This To My Brother? by Reinamaria(f): 6:22pm On Jan 16, 2023
kenedyx:


Hahaha... You're right though.
The last thing I want to do is ruin our relationship. I'll think about it some more.

Come to an agreement with your brother.
See it as your way of supporting him.

5 Likes 1 Share

Re: Am I Wrong To Do This To My Brother? by Oblongata: 6:28pm On Jan 16, 2023
What is happening to you is simply *selfishness*

Your brother was wrong to had used you as plug, he should have used outsider that would be appreciative. How can you even think of sidelining him? Your type is the reason people run away from helping family. But my guess is that you are either too young to understand life, or you are simply a wicked fellow.

Person give you food chop, you wan con hold him hand make him no Chop, no be juju be Dat?

29 Likes

Re: Am I Wrong To Do This To My Brother? by jmoore(m): 6:28pm On Jan 16, 2023
Those saying the poster is greedy should be flogged!!

Una go just open mouth to spill nonsense!!

The same people that say fuel marketers are greedy for increasing price of fuel are the same people saying the poster is greedy for not wanting to buy materials at higher price.

4 Likes

(1) (2) (3) (4) (5) (6) (7) (8) (Reply)

A Nairalander Gifts Her Customers Xmas Gifts / ‘I Kiss My Husband Everyday’ – Folorunsho Alakija / Naira Dips Against Dollar As Oil Price Rises To $48.05

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 55
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.