subject: The Impact of Advice on Your Business [print this page] It can be difficult to find quality advice on any topic. Entrepreneurs are at a great risk to receive bad advice. Being in business is difficult and can put you into a risky financial situation. It is important for entrepreneurs to have a quality source for reliable business information. In fact, your success may entirely hinge on the quality of business advice that you acquire.
As you choose people to guide you and your business decisions, remember to trust yourself. Just because someone looks great, doesn't mean that you have to trust him or her and that particular business advice. Even a skilled businessperson will have different experiences than you do. While they may have the advice necessary to run their company, your needs are different. Listen to your instincts and feelings and use your common sense to guide your business. If you have chosen to hire an adviser but do not like or want to use the advice you receive, find someone else.
The business world is one that is built on a lot of maybes. Things that work in one situation will not work in another. A critical business skill is to learn when and which advice to follow. Find people you trust. These trusted friends and advisers do not need to be perfect on paper. You need to find people who you believe can help you achieve success.
Business is similar to medicine in one simple way; a second opinion is always a good idea. As you get and analyze business advice, remember that it is wise to consider asking more than one person. This helps ensure that the information you receive is accurate and will help you. One opinion will guide you in a direction, and multiple opinions will help you choose the right path every time.
Remember that specific and solid advice holds the most value. As you talk with experts and advisers, push for tailored solutions for your business. Learn to ask specific questions like, "Is global sourcing right for my manufacturing needs?" or, "What should I do to avoid common manufacturing problems?" These specific answers will help you formulate a specific plan.
The Impact of Advice on Your Business
By: Darren Hamels
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