One of the toughest parts of running any business is recruiting top talent and getting that talent to stick around. But when you oversee a small business, the challenges become a little bit bigger: How can you compete with the bigger companies’ deeper pockets to give your employees an experience that makes them want to stick with you?
Consider Jim Sinegal. He’s the outgoing CEO of Costco about to finish his nearly three-decade run with the discount retailer he founded. Sure, his company is a big one now, but it wasn’t always a national name.