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426: Let's Talk About the FTC Non-Compete Ruling episode artwork

May 7, 2024 21 min

426: Let's Talk About the FTC Non-Compete Ruling

from Your Virtual Upline Podcast

In case you haven't heard, the FTC recently announced legislation banning non-compete agreements, essentially making it illegal for any company in the United States to have a non-compete on an employee or in our case, an independent contractor. Today, I want to share my thoughts on this development, and more importantly, provide a warning and a word of caution because I know for a fact that the "vultures" are starting to circle. So what does this all mean for you, your business, and the industry as a whole? Tune in to find out as I break it all down in this episode! Listen to Learn 3:26 - My opinion on whether this new ruling from the FTC will be a good thing or not for our industry 5:34 - The two important clauses that are in most distributor agreements and are not covered in the FTC ruling, plus why this is important to be aware of 7:49 - Exciting details on our brand-new workshop, Transformed! 10:51 - Why I believe that this is a just rule, based on my past experiences and what I see in the industry 15:46 - What will never change for you, despite this ruling or any other ones that are introduced Are you tired of all the transactional strategies being taught today? Check out our brand new program, Transformed! (and get it for less than $10 right now) at: https://yourvirtualupline.com/transformed 417: The Downside of Selling Products from Multiple Companies Follow me on Threads & Instagram at @bob_heilig Join our free Network Marketing Community Subscribe to our YouTube Channel

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This episode was published on May 7, 2024.

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