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Good riddance to non-competes

OnlyOnce

I love that the FTC just banned non-competes, as everyone expected they would. We started off at Return Path years ago with a standard and fairly benign non-compete because they were standard. Customer and employee non-solicits for a year – no problem. But by and large, I say good riddance to non-competes.

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How To Scale Your Startup Far Beyond Organic Growth

Startup Professionals Musings

Use external sourcing to fill in the non-critical gaps. Don’t use alliances for core competencies. Rather than push non-compete agreements on your superstars, it’s more productive to create incentive systems and creative ways for them to work more independently, just for you. Add basic partner contracts or alliances.

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7 Reasons That Worker Empowerment Rules The Workplace

Startup Professionals Musings

The problem is particularly acute for middle-class, non-managerial, and exempt employees who don’t qualify for overtime pay under tightening labor laws, and high big-company expectations. Number of non-compete agreements is way down. Millions of folks need to find supplemental income to rebuild their eroded purchasing power.

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8 Tactics For Every Entrepreneur To Manage Technology

Startup Professionals Musings

Technology is so key to every business these days that experienced business-smart but non-tech entrepreneurs are feeling deeper and deeper in the hole. The non-technical leadership attributes of excellent communication skills, high integrity, passion, and perseverance are critical for the success of the whole team.

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Primary Problems with Enforcing Non-Compete Agreements

YoungUpstarts

Businesses often require employees to sign non-compete agreements to protect their business interests. However, just because an employee has signed a non-compete agreement does not make the agreement valid under the law. Non-Compete Time Period. by Yasir Billoo, partner at Golden & Grimes LLP.

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6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

Don’t count on contracts and non-disclosure agreements to save you. It’s hard to write a detailed specification on an evolving new service, process, or product that embodies your core competency. Despite some recent advances, there are still some cultures which have less regard for patents and other intellectual property.

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Pros & Cons Of Non-Compete Agreements

YoungUpstarts

Non-compete agreements can be an effective tool to protect these assets. Under the right circumstances and when properly drafted and implemented, non-compete agreements are enforceable in Florida. A competitor who hires an ex-employee under a non-compete can become liable for what is known as tortious interference.