Ladies & Gentlemen,
After discussions with Luis about the company's direction, before opening the Forum to discussing new business,the one thing that has never been addressed is a Confidentiality, Non-Disclosure, and Non-Compete Agreement. I brought to Luis a new opportunity which modifies the business plan. This service is seriously needed by banks & homeowners nationwide. But before proceeding on this new added direction, it would be in Luis' best interest to have everyone sign a Confidentiality, Non-Disclosure, and Non-Compete Agreement to protect any & all ideas and work all of us produce.
By having everyone sign an NCND, all of our joint efforts won't be stolen by someone who takes the ideas we put together and run with it on their own. This particular new business opportunity, although quite simple, can easily be copied and duplicated. Its just a matter of putting in place proper working capital to establish the neccessary infrastructure. Someone who already has access to said working capital could easily circumvent Luis, establish themselves and run with this new idea. In the case at hand, it truly is a foot race as the need already exists. Someone just hasn't thought of providing this service, until now.
One problem we have with this Forum we use is EVERYONE can read this Forum. This makes it a "public Forum". I have counseled Luis that we need a different secure means to communicate our ideas. Otherwise anything & everything we do and posted here can be used by ANYONE reading this Forum without any liability. The quick & cheapest solution is to develop our own website with an email account for each department, or individual. This would allow everyone to communicate openly and still keep any information shared confidential and proprietary.
After reading, please post any comments or suggestions so Luis can make a decision as to what we will do next. Just note its important to know that TIME IS OF THE ESSENCE; as someone will eventually figure out the same market need & opportunity I came up with which I gave to Luis to pursue. Your feedback will expedite what needs to be done.
Sat Jul 02, 2011 6:18 am by cmanlarry