Weekly Round-Up: July Week Three
Each week we search this thing called the world wide web to find our favorite articles that inspired us. Here’s this week’s line-up.
Want to Schedule a Productive Workday? Follow These 4 Really Simple Strategies.
Your Employee’s Non-Compete Might Not Be Enforceable Anymore: Here’s What You Need To Know
This Company Pioneered a New Business Structure to Preserve Its Mission
Summary: A recent study from Vouchercloud showed that in the course of an eight-hour workday, the average worker studied was productive for only two hours and 53 minutes. If this sounds like you, how can you make the most of your work time in order to be more productive?
Our Take: Sounds like in this day and age we all have a few too many distractions. But it also sounds like it’s human nature to become distracted during periods of time. Don’t beat yourself up and check these tips out to reorganize yourself and your time.
Summary: In 2016, the Utah Legislature took an aggressive step in limiting non-compete agreements. Among other provisions, the legislature limited non-compete agreements entered into or after May 10, 2016 to one year.
Our Take: Employers are facing a dilemma – do they decline to enforce the non-compete, or do they pay for the legal costs incurred to fight the non-compete? Read up on these changes and make sure you become informed before you make a decision.
Summary: Organically Grown Company created a purpose trust – meaning that it will have a single owner devoted only to investing its profits back into the business. The company is the first in the U.S. to use this model.
Our Take: One word – fascinating. Instead of selling a company, this trust will ensure that the profits will continually be reinvested into the company’s mission. Sounds like this is the kind of company that believes in its mission and wants to be around forever. We can get behind that.