What to Do When Your Employees Want to Start Their Own Business

What to Do When Your Employees Want to Start Their Own Business

Leaders, think of your smart, driven, innovative team members. Those few at the top who streamline systems and boost morale. Would you say they remind you of yourself? Would you say they are entrepreneurial? Guess what? Some of them are. In fact, just last year Global Entrepreneurship Monitor reported that roughly between 15 and 20 percent of the workforce is engaged in running a startup. With barriers to entry and startup costs low, it’s never been easier to do so. But that doesn't mean it is easy to accept that some of your top-talented employees are thinking of jumping ship and leaving for their own adventure.

So what’s a CEO to do?

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