Quote:
Originally Posted by BV
The only way to stop this is to pay them so much and treat them so well it is not profitable or either too much of a risk for them to go out and try and duplicate it on their own. Then even some people (usually the the ones with the most drive) don't care if they will make less at first.
It is instilled in their being to be an entrepreneur themselves.
I think the only way to lower the chances of this happening is to learn not to hire employees with these characteristics. However these types of people are the ones that get hired first. So it is tough.
I know I was one of those people in my 20's - 30's. I was never happy working for someone else. I changed jobs like i changed my socks. Always going up a level each time. I was never satisfied until I started my own business. Then I had to have 2, then 3 businesses to be happy.  |
I heard a story of a guy who owned a pharmaceuticals company, who later sold out to another bigger company. The buying company made him sign a non-competitive agreement that he wouldn't start another pharma business for 10 years... and he didn't. But right after year 10 he turned right back around and made another successful business!
I feel like if I have them sign something reasonable like not using my techniques/methods for something like 5 years after their employment with me ends, then I'm at least minimizing the risk. Besides treating them well of course...