Running a Business

The Two Types of People You Should Avoid: The Extra Confident and Extra Cautious

We all need advice and we all have advisors but sometimes we wish we didn’t have one or two of them.

It is very important that you not take every advice seriously and act on it. Advisors will definitely help you gain a broader perspective about a given subject matter but that doesn’t mean you listen to everyone and anyone who gives you advice. Sometimes, advice can confuse you and lead you in the wrong direction. Also, it is surprising how everyone has something or the other to say. Some people will give advice even if they have never worked in your niche. That may sound funny to think of but when it happens to you, you will understand how annoying and distracting it can be. That is why we have some help for you.

We are here to let you know of two types of personalities that you should never take advice from.

The Know It Alls

People with the know-it-all attitude are usually overconfident. They may have helped a business or two out of difficult situations but that doesn’t mean everything they say is pure gold. The fact that they have seen success usually gets to their head and they believe that they can never be wrong. If this person is an expert in your field, you may want to consider his/her advice but at no point should that advice overpower your common sense. On the other hand, if the person is not an expert in your field, you will do well to ignore the advice altogether without second thought.

We agree that this person has lots of experience but that experience is of no use if it is not I your industry. We also agree that these people are smart. However, too much of anything is too bad, including smartness.

The Extra Cautious

The extra cautious people will always tell you to play safe and that is where the problem arises. You cannot play safe and stay in your comfort zone in the world of business. You have to take measured risks. Many advisors tell firms to stay safe and to go slow. While this is a good strategy for the short term, playing safe will cause tremendous losses in the long run. For a reliable, profitable future in the business world, you have to take calculated risks. Thus, it is advisable that extra cautious people not influence you.

Stay away from such people and take advice from people who are experts in your specific industry.

Entrepreneurial Learning

While taking advice will help you gain a broader perspective, taking advice from the wrong people can secure your doom. This is the reason why you should be very careful while choosing your advisors. Stay away from extra cautious people as well as people who are overconfident.

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