2min chapter

The Game w/ Alex Hormozi cover image

How to Sell a Business | Ep 494

The Game w/ Alex Hormozi

CHAPTER

How to Negotiate a Non-Compete Agreement

The agreement itself is almost as long as the pages of definitions for the terms that are used in the agreement. Socrates said wisdom begins with the definition of terms, so it's better to really narrow down the definition of what you're trying to define. Networking capitals is the very end. You've already agreed on everything or degree on the terms, you're already going to the price,. Now you have to agree on networking capital - how much money you're going to leave in the business.

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