If you have people working for you, should you train them well, and risk being their competitor?
I’ve seen many business owners crippled by this fear which obviously prevents them from growing. Yun pangamba nila na magtuturo ka ng mga tao, then aalis din sa huli, worst is when the people you train become your competitor.
The dilemma is that when you don't train them enough, productivity suffer, and so your business.
People management is a very special skill and a delicate balancing act. Better not go into business kung wala tayo nito.
So how do successful people handle such challenging situation? Here's a tip from business magnate Richard Branson
I’ve seen many business owners crippled by this fear which obviously prevents them from growing. Yun pangamba nila na magtuturo ka ng mga tao, then aalis din sa huli, worst is when the people you train become your competitor.
The dilemma is that when you don't train them enough, productivity suffer, and so your business.
People management is a very special skill and a delicate balancing act. Better not go into business kung wala tayo nito.
So how do successful people handle such challenging situation? Here's a tip from business magnate Richard Branson