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I intentionally destroyed the business relationship. Was I wrong?

King Belieal

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There is a guy I rent music equipment from when I have a job to play somewhere. I had a gig and money was sent from the client. I transferred same to this guy that I rent equipment from, after speaking with him and he assured me that equipment were available.

All of a sudden, he stopped taking my calls. And the gig was the following day. I had to mop up funds from external sources to get equipment somewhere else and deliver that gig and the guy I transferred money to didn't pick my calls for days. After a week, he picked my call and didn't offer any explanation. I went to pick equipment from him for the payment I sent him earlier for another gig.

I kept the equipment for extra 7 days without returning it. I wasn't using it. I just needed to get back at him. He lost money that he would have gotten from renting out the equipment which were with me. I returned it after 7 days and I didn't give him a dime. And that business relationship of 3 years died.

Was I wrong to take my pound of flesh and kill that business relationship?
 
There is a guy I rent music equipment from when I have a job to play somewhere. I had a gig and money was sent from the client. I transferred same to this guy that I rent equipment from, after speaking with him and he assured me that equipment were available.

All of a sudden, he stopped taking my calls. And the gig was the following day. I had to mop up funds from external sources to get equipment somewhere else and deliver that gig and the guy I transferred money to didn't pick my calls for days. After a week, he picked my call and didn't offer any explanation. I went to pick equipment from him for the payment I sent him earlier for another gig.

I kept the equipment for extra 7 days without returning it. I wasn't using it. I just needed to get back at him. He lost money that he would have gotten from renting out the equipment which were with me. I returned it after 7 days and I didn't give him a dime. And that business relationship of 3 years died.

Was I wrong to take my pound of flesh and kill that business relationship?
I think you are wrong. A business relationship may be useful in future. I think you over reacted. It is against ethics of entrepreneurship to intentionally destroyed a business relationship.
 
All the comments point to the fact that I overreacted. I would accept that. But have all of you considered that he himself didn't value the business relationship when he just messed me up like that?

I was under the rain looking for alternative arrangements at night because he messed me up. And he refused to transfer back my money to make it easier for me to find another alternative.

Maybe, I shouldn't have reacted like that. I agree. But which way would I have reacted?
 
I think it would have been better you had asked for an explanation first and if he refuses to give one you can simply choose to continue business with him or go somewhere else.
 
It is always better to end relationship with clients or even business associates if they are dishonest
I think it is better to end the relationship with a client that messes your sanity. It might have been a bit extreme in my own case with the way I ended it.
 
That's why it is said that proper comunication is required to keep the relationship alive. That fellow should have picked your call or at least should have told you the reason for not picking up the call. You need to sit together and talk to each other before breaking your business deal.
 
That's what you can do now to make the things better. We should keep our ego aside when we want our business to flourish.
That's the truth. We should always learn to keep aside emotions at some point as business persons. Sentiments and emotions don't grow a business.
 
They always say that tit for that is really a fair game. I think that was right and gladly the game ended in a draw. That's very cool for that matter
In business, it is not really about tit for tat. Sometimes, you might need to compromise for interest sake. Looking back now, I feel I could have handled it better. But it is all good.
 
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