Monthly Archives: January 2012
Watch out for the gray areas in non-competes.
What if you are the seller of a previous business or shares amounting to more than an insignificant percentage of a previous business? Certainly the buyer’s asset purchase documents included a non-compete clause, usually valid for two years from … Continue reading
What about previous company non-competes?
Entrepreneurs tend to remain in the business arena they came from. Some are alumni from companies that would be a competitor to the enterprise being created or joined. And some are former selling shareholders of just those businesses. What is … Continue reading
Fail fast!
Professional investors want to live by this rule. With the first round of funding, there should be milestones to be achieved. If they are not achieved within the expected time, the reasons must be analyzed and acted upon to avoid … Continue reading
Entrepreneurs: Do it your way.
Yes, this is a takeoff from Frank Sinatra’s song, where he did it his way and got away with it. You’re building a company from your vision and a passion, and lots of people are going to tell you that … Continue reading