Musthafa P, global CEO of Karnataka -based iD Fresh Food India, recently announced a new entrepreneurship policy that will allow employees to take partially paid sabbaticals to pursue their business ideas, while retaining the option of returning to the company if their ventures do not succeed.
The initiative will also provide employees with a “partially paid sabbatical” to help them navigate the uncertain initial stages of setting up a business. Additionally, Musthafa said that those whose ventures do not work out will have the freedom to return to iD, offering them a safety net as they explore entrepreneurship.
With the new policy, he wants to extend the same belief and encouragement to iD employees who wish to build something of their own. He also acknowledged that allowing some of the company’s best employees to leave and pursue independent ventures would be emotionally difficult. “Saying goodbye to some of our best people will hurt.
Musthafa said he had never forgotten the importance of the support he received during the early days of building the business. However, he said watching them establish businesses of their own and create a greater social impact would ultimately be a source of pride. But one day, seeing them build something of their own and create an impact in society greater than what we’ve built at iD will fill my heart with immense pride,” he said.
