The following answers are provided by the Young Entrepreneur Council (YEC), an invite-only organization comprised of the world's most promising young entrepreneurs. In partnership with Citi, the YEC recently launched #StartupLab, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses via live video chats, an expert content library and email lessons.
1. Get Rock-Solid Contracts
For most companies that employ online workers, there isn't a lot of physical stuff that gets shared -- it's mostly program material and proprietary systems. Intellectual property theft is especially hard to identify for most businesses, so early on I chose to include these descriptions and provisions in all employee contracts. I'm not a lawyer, so I worked with one who could get the language right and protect my business property from theft.
2. Don't Get Taken Down by Fraud in E-Commerce
If you're just getting into the e-commerce game, youRead More »from What’s one way that early-stage entrepreneurs can minimize the risk of employee theft and fraud?