Waqas Ali, a Pakistani based startup entrepreneur made the new years resolution not be fooled by bad advice. He pledged:
“…I shall not be fooled again by gurus…”
It got us thinking about the massive volume of startup guidance and advice being published and preached. How much can be relied on? How much can be applied to your startup?
The usefulness and accuracy of advice varies greatly. One size does not fit all. What worked for one business may not work at all for another. Another problem is that bad or misleading guidance may lead you down the wrong track and waste your time and efforts.
We certainly praise those that share their experiences and enjoy the open discussion. However one must be aware of the dangers of taking advice that is not tailored specifically to your circumstances. Ultimately careful judgement is required to pick out and implement the…
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