Podcast HW

The speaker discusses the non-compete clause, which prohibits employees from working for a competitor for a certain period of time. They express frustration at former employees who quickly join competitors and highlight the importance of training employees in their specific business. The speaker plans to implement non-compete clauses in future hiring to protect their business and maintain their competitive advantage. Welcome to the first episode of the David Maya podcast, where I will discuss my favorite topic in this class, which was the non-compete clause. This clause is very interesting because for a certain period of time, a previous employee can't go work for a competitor, a very close competitor. This is something that very intrigued me due to the reason that it has happened to me many times where I have had employees of mine who quit and in less than a 5 minute radius go work for a competitor. Now I work in a business where we have a meat market, grocery store, and a restaurant, and most of the time when people come in, they have no idea what they're doing, don't know how to cut, don't know how to cook, or don't know how to stock things. Then a month or two or even years after they're with the company, we make them pros because we have been doing it for 20 years, and when they get laid off or they go somewhere else to find a job, they tend to always just go to something similar. For me, it seems very unfair because I have always mentioned to my family, we need to do something about this, teaching these people, and they go and work with a direct competitor. This is very frustrating, and once I found out about this in the class that we can add in before they even work for the company where they agree that if they were to work with us, they won't be able to work in the related industry, especially a 5 minute walk away from us. This has happened time and time again. It happened with one of my favorite employees at the time. He did not show up for a whole week. We had to lay him off, unfortunately, and he went to go work with a direct competitor. He was one of the best. He was one that he taught me personally how to do everything, and yes, now I am one of the guys who has to deal with this day in, day out. Now for a fact, before we hire somebody, we will have to make these people sign a non-compete clause because it's just tough on here for us to teach somebody our ways of doing things, then those people bring our ideas to different restaurants, which can hurt us in the long run. We need to keep our money intact because our recipe is key, and our tactics of way to do things is key as well. Our efficiency has always been great, and taking it to our competitors is something that we can't let happen ever again. Thank you for listening. Have a good day.