He Completely Maxed Out All Of His Credit Cards ($120,000)

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[shadowtank]

"I know how to run the business side". If that doesn't include running the day to day of the business or handling the financials there ain't much left.

[cocomuhly]

That “mom” took complete advantage of her son. Is she going to help pay back that debt?

[simplygrateful]

I am so mad at his “mother”.
Did she do this on purpose in order to keep him in her life forever? Who wants to marry a man with that much debt?
He needs to never take advice from her ever again and she needs to help pay back that money. 😡

[Dzrixnn_]

The real mistake is letting his mom make him fund most of it shouldn’t the parents have more money than their kid so they so be paying most of it

[amoose]

60% of restaurants fail during the first year, 80% fail within five years.
If youve never worked the line you dont understand what youre getting into.
F

[lilms.deafpastrychef]

The first mistakes is ising personal finances not using your buiness account and not getting you EIN and requesting small buiness loan

[CaesarEllish]

You’re doin the lord’s work, sir. Please continue pointing helping people and teaching us to learn from their decisions 🙏✌️

[Bekssss]

Credit cards rates 22%-29%, average profit margin for restaurants 2%-7% yeah they know how to do business..

[markmcilrath]

There's a strange relationship here. Talk about inherited mindsets. Son Husbandry American Style. What did Dad have to say? Ha! Don't know. He left 20 years ago and hasn't been seen even know How much he put on his credit cards. Thats why Caleb always goes to the Mentality of Purchase.

[kieronphagoodejesus]

A parent that uses their children for their dreams is ridiculous. You basically used your child, his credit, his income, his SSN and life future is a soul sucking leach

[thenecessaryevil]

120k, lightweight in the restaurant world.

[Wyde-awake]

I did the same thing to my kids. Theyre 3-5 and 7 theyve maxed out their credit cards but i got a sweet Kabob stand.

[stevieboy]

Never get into business with your family

[fatcatc]

boomer generation relies on credit cards will you expect this

[Dizzymarvel]

This millennial have no planning lol. If this guy won $50 million he would loss it all in 2 years.

[YourMomSVT]

Why credit cards and not a business loan?

[tttoms]

Is this the only person he's ever had on the show that wasn't mentally handicapped? Every single other one I've seen have the mentality of a 9 year old