Protect your business with noncompetes and nondisclosure agreements. When you have high-achieving employees, you generally trust them. And trust can be a wonderful thing—until it isn’t. Ask any business owner you know about what can happen when an employee leaves. They are likely to tell you stories about what and who the departing employees took with them, and how devastating it was to the business. If you aren’t protecting yourself…
You might talk and complain at length to your second in command, your spouse, or even your mentor, but actually having a conversation with a failing employee is tough. You know you aren’t helping anything if you allow an employee to fail without providing feedback. Candor is always necessary, but so is tact. Knowing employment regulations and being consistent are also important. We generally suggest these steps: Have a conversation…
Editor’s Note: This article was written by 25 Under 25 Class of 2013 honoree Belinda Waggoner, owner of People People, about her thoughts on winning the 25 Under 25 award that year. We wanted to share it with you again as we celebrate the Class of 2017. When you launch a business, you toil over the details, sweat the small stuff, lose sleep and pray a lot that it’s all…
