Good ADVICE can save you time and money and poor advice can kill a good idea before it even begins. Be careful to whom you listen and from whom you seek advice.
This is America. Every one of us bright-eyed, individualistic, intelligent, proud Americans have one common trait, i.e., “We believe we know everything”. Myself included, just ask me!
Too often, candidates take advice from well-intended individuals who know nothing about the business you might be investigating. Make sure the person to whom you listen knows what they are talking about.
The Bank President who gave me my SBA loan to start the Pro Image stated, “This is not going to work. You cannot sell enough hats to pay back this loan and expect me to take your house within a year or two.”
I did pay off the loan within 2 years.
Get advice from someone who has been there and done it. Don’t just take advice from any friend, brother, sister, parent, accountant, attorney or bank president, unless they have been there and done it themselves. If you want to become a millionaire, ask the self made millionaire.
I love the quote from Bill Gates for he sums it up very well how he achieved success. “We were young, but we had good advice and good ideas and lots of enthusiasm.”
No comments:
Post a Comment