Comments on: How Honest Should You be with Your Employees?

By: George

George — Tue, 09 Sep 2008 14:43:53 +0000

Ryan – You raise a common question among entrepreneurs. Of course, you’ll want to discuss how to protect yourself with your attorney (non-competes, non-disclosures, etc.). When I was a young entrepreneur, I was too guarded. Sharing leads to buy-in. So don’t go overboard. Also, take a lesson from companies that have “secret sauces”. No employee has to have the whole recipe!

By: Ryan M

Ryan M — Fri, 05 Sep 2008 18:00:20 +0000

I am just in the process now of trying to decide whether or not my company needs to start hiring employees, and one thing that worries me is that in being too honest, I will be giving away my company’s secrets to success.
I think it is important to be open to your employees about any problems you are having that might affect the employee, but there is a line between honesty and just saying too much.