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How to Ask for Advice and Get People to Commit the Time to Answer

This is going to be BIG.

People often ask me for advice on fundraising, generating deal flow, hiring, increasing visibility , triathlons, babies, etc.--a As is the case with any major company, career, or life function, the breadth of information one could pass along in each of these areas could fill a book. Apparently, this doesn’t just happen in cartoons.

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Ever receive worthless advice?

Berkonomics

Ever get bad advice? Ever take that advice without question because the person giving it was an investor, a superior in rank, the chairperson of your board? I’ll bet you have at least one story of bad advice taken and being bitten as a result. And the result for the entrepreneur for taking this advice?

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Small Business Owners Should Pursue Those Who Can Give the Best Business Advice

American Entrepreneurship

The most successful entrepreneurs are those who take the approach of seeking out those who can give the best advice when dealing with the challenges of growing their small business or startup. The Importance of Seeking Out Expert Advice Seeking out expert advice is crucial for small business owners for several reasons.

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Create community: Advice on branding from YLAI Fellow Luisfer Pelayo

Young Leaders of the Americas Initiative

Creating a brand community is about providing information and valuable content, and this can mean having your community involved in some processes of your brand. Some advice to start with would include: Answer these questions: What is your mission? How do I complement what I sell? Is it generating a 360-degree experience for my client?

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Best Financial Advice for Small Business Owners When Sales Slow

American Entrepreneurship

Timely financial advice is critical for a company to sustain operations when revenue growth stalls Whether through the loss of key accounts or business slumps tied to economic downturns, small business owners need to take actions that will keep their businesses going until new customers are found or the economy recovers.

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Why you should never have a data room — the most counter-intuitive fund-raising advice you’ll ever…

Both Sides of the Table

the most counter-intuitive fund-raising advice you’ll ever get I’m about to offer you some fund-raising advice that flies directly in the face of what most conventional wisdom will tell you. Can you please send us your certificate of incorporation, your Cap Table, your 3-year P&L and last year’s historical trading information?

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My Number One Advice for Startups or VCs: Conviction > Consensus

Both Sides of the Table

It spoke to me because it so resonates with my nearly daily advice to entrepreneurs and VCs alike. I went as far as to call it the best Tweet of 2015 so far because it encapsulated my advice so succinctly. All advice you receive is too generic to help you – you need to decide for yourself in your exact situation.

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