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BHAAVYA BAFNA

Student • 1y

Hi Everybody I heard many stories about founders losing employees when they had just started. And later on those employees becomes their competitors. What would you do to avoid these problems from coming? And if they come how would you tackle Also

Arya Sr

Learner • 1y

I am myself working in a startup and with 2 years experience I can tell that the major reasons one would leave the company is cause of following reasons : 1. Not valued enough - When an employee feels that he's doing a lot for the company ( they have an emotional attachment to the company ), they expect that their work will be appreciated. They will be heard and they will get an opportunity to grow. But when these things lack, they get hurt. That's why appreciating and giving them the lime light for even the small efforts that they put is very important. A person should never feel left out. He should be made aware that his contribution means a lot to the company. In this way you get the person's human respect for you so later even if he starts his own company, these gestures that you did for him today will get him to synergize with you and your company than compete with you. Next point I will continue in next comment cause I reached word limit 🥲

1 replies1 like

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Arya Sr

Learner • 1y

2. Not encouraging them or helping them to work in other departments: The one major advantage that any startup can have is new young minds who are pumped up to work. Many times it's observed that they want the explore and contribute in different departments so that they can build their network more and also grow and understand different sectors of the company. When you restrict your employees, being young minds, they will start searching for it outside ;majorly your comptetior companies and if they find that they will have an open playground to turn their learnings into action and see how things work..basically freedome of implementation without worrying about failure then you get a loyal employee cause you valued him as a learner so he will value you and your company as he grows. What companies should understand is loyalty and trust of employees are won from these human gestures and not salary cause any comptetior will pay them 2x to take them away from you.

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