How do I handle an employee who has resigned to become a competitor?

Monday, February 23rd, 2009

Dear Norm,
One of my salespeople recently resigned and started his own company competing with mine. I subsequently learned that he had been conducting his new business on the side while he was still working for me. What should I do?
Vennie

Dear Vennie,
You should do nothing. Keep building your company and forget about the guy. Don’t let this incident cause you to lose focus on what’s really important to your business. People waste a lot of time and energy worrying about ex-employees who become competitors. When employees leave to go into competition, I wish them well and send them a plant. It’s a cactus. This guy should be history as far as you’re concerned. If he’s an unethical person, he’ll eventually get his comeuppance.
Yours truly, Norm

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