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/biz/ - Business & Finance

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22093895 No.22093895 [Reply] [Original]

>Be me
>Work for company
>Most employees in the company are just forwarding our messages to the customers (Large F500 companies) and getting paid more than us.
>Company decision makers are a bunch of boomers wasting revenue on stupid ideas and promoting people similar to themselves.
>Company is likely to start doing layoffs in 3-4 months.
>Have access to all of the customer contact info (hundreds of names and contact info of directors/VPs at F500 companies)
>know all of the technical side of the business but don't have any sales experience.
>I have a non-compete clause in my contract that I need to be careful of.

Can I realistically take business away from the client and start a competing firm when they decide to do layoffs? Anyone been in this position?

>> No.22094190

>>22093895
/biz became a pure shitcoin shilling threads. You will receive advice from people who are mostly unemployed. But to help you you would need to give at least hints what business this is that you want to continue with your collected contacts after being laid off.

>> No.22094198
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22094198

srs, can I do anything before I get laid off in a few months?

>> No.22094238

You could just go on Upwork and do the same stuff you do now.

>> No.22094368

>>22093895
Don't be an idiot.
If they have a competent IT staff they can see when you access contacts via Powershell reports.

>> No.22094412

>>22093895
The law generally discourages no competition clauses. It is against the public interest to prevent individuals from working to their highest and best utility. That is not to say they won’t enforce it, but it would be very unlikely in the case where the company fires you. If you think you can actually make it, hire a lawyer.

>> No.22094984

>>22094190
>But to help you you would need to give at least hints what business this is that you want to continue with your collected contacts after being laid off.
A medium sized consulting company.

>> No.22095975

>>22094412
>>I have a non-compete clause in my contract that I need to be careful of.

That's going to wank you

>The law generally discourages no competition clauses

Horseshit. Especially when he's talking about pulling their customer list. Every court in the US has upheld NDA's/NCC's even in marginal cases. You need two years to be reasonably clear of that shit, and many cases have upheld the boilerplate five years.

>> No.22096328

>>22095975
>Horseshit. Especially when he's talking about pulling their customer list. Every court in the US has upheld NDA's/NCC's even in marginal cases. You need two years to be reasonably clear of that shit, and many cases have upheld the boilerplate five years.
My contract has a 16 month NCC.

I have pretty decent savings and can focus on other ideas in the meantime. I can try to build the reputation of the business in another field before competing in the same field as my employer. This would involve waiting 16 months - 2 years for the Non-competition clause to wear off. Is this a reasonable strategy?

I understand I need to consult a good lawyer but there's no point in putting the cart in front of the horse here.

>> No.22096687

It does seem a little lopsided that you can't start a business in the field you have industry experience and contacts in.

Experience and contacts are often prerequisites to starting a business in the first place.

>> No.22096733

>>22093895
Have a huge amount of initial capital

>> No.22097438
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22097438

>>22093895
You will become rich friend just wait a 2years and contact all your previous clients