A Word of Caution - Non-Competition Clause's

Chances are during the course of you busienss career, you will be ivolved with several other people who may potnentially pull the rug under your feet and decide to compete with you.

 

What is the solution? A Non-competition clause in the employment contract right???  Wrong!

The truth is non-competition contracts don't always fare well in the courtroom, factors like the nature and fairness of the contract are strongly considered,  since such contracts restrict someone's ability to earn a living.

What should we do? Ensure that your contract is compliant with industry norms/practices, be very specific in the terms (region/distance) and allow the individual to obtain independent legal advice BEFORE signing the contract. Get him/her to sign a spearate agreeeemtn saying that they had such an opportunity.

Anton, great job on the website and with your Idea, (cell phone) messanger service, I would pursue it and ensure that you do draft a contract with whoever you employ, those are the types of ideas entrepreneurs come up with.