I was listening to a YouTube video by a famous business man and he was saying that he prefers to hire employees who are smarter than him. Do you agree with this style of working? What are the possible intentions behind doing this? Isn't their fear that these smart employees can steal ideas from office or get client details and then start their own companies? What is your view regarding this?
Capable employees will always be needed if you want your business to grow, however it is true that this could lead you to some of those employees to learning a lot about your business and eventually becoming a competitor.
However to me this is a risk worth taking, after all if knowledge was the only thing needed to open a business then we will not see the high rate of business failure that exist already, besides by the time your former employee is able to have all the necessary resources to create his business that is more than enough time to make your business grow with the help of your current and new employees.