Avoid Taking Lessons On Entrepreneuring From The Wrong Person(s)

Whenever you Don't Have A Mind Of Your Own, Everybody Becomes Your Advisor

There was one thing common to most of the people who kept offering me personally advice, that I gradually came to realize - especially right after following some of it and suffering unbelievable hardship consequently.

It was the fact that few (if any) of them had carried out what I was trying to do before - or even realized anyone who had, remotely. To put it another way, these people had been all offering me advice based on experiences they had IN NO WAY had! Over time, and after recovering some, I learnt to "listen" to them without "hearing" whatever they said, and found I had been better off.

Thankfully, my extensive reading has helped me find that I am not alone in feeling this way about those who provide advice in this manner. Robert Kiyosaki, in his book Rich Father, Poor Dad Warner Books Edition, May 2000(page 154, paragraph 2) wrote about people he had encountered who questioned his unorthodox investment strategies. Just like those We described, he said they had never done it prior to, and yet insisted on telling a person who was doing it the reason why s/he should not! Now, how reasonable is that?

"You are not able to acquire experience by making experiments. You cannot create experience. You have to undergo it" - Albert Camus

"Know when to melody out. If you listen to too much advice, you may wind up creating other people's mistakes" - Ann Landers

This does not mean that just persons who have had experience doing what you are engaged in may advise you. I am only saying that you need to find a way to correctly evaluate the potential "worth" of advice offered you, by very carefully studying those who offer them, and the circumstances under which they do this, BEFORE deciding to use such advice.

In my article entitled Do You Need A Business Plan, If Your Biz Idea Is Brand new, Untested Or Unproven? I pointed out that Cynthia Kersey(Author associated with "UNSTOPPABLE: 45 Powerful Stories of Perseverance and Success from People Just Like You"), in her book referred to experts as having an "ego investment" in the thing that they are considered "expert". As such, they might sometimes struggle to end up being objective in giving you advice - depending on how they notice what you want to do.

Especially instructive, I believe, is the additional stage I made that an expert could even be someone who once needed to struggle - in the past - to secure marketplace acceptance(for what was then an unproven idea), and is now effective, plus a respected authority in his/her field. Such a individual may not always maintain an entrepreneurial mode of considering or could develop what I call an "expert's mindset". A good example of this is probably seen in the quote below:

"640K must be enough for anybody" - Bill Gates, 1981

Some other authentic achievers have expressed similar sentiments to the one particular mentioned in the last paragraph. In my ebook titled How To Assist Your Child Discover His/Her Purpose In Life, I warned the actual reader/parent against taking advice from others indiscriminately (see excerpt below):

-----Start Of Excerpt-----
First, I will use Henry Ford who once said:

"The moment a single gets into the expert state of mind, a great number of things become impossible" - Henry Ford

Henry Ford reportedly distrusted specialists, believing they were too familiar with the reasons that something could hardly be done.

James R. Cook(Author of The Startup Entrepreneur) published that it is important to keep in mind the fact that sometimes those we request advice will give us responses based on how what we need to do affects them. In other words, what they tell you CAN be determined by whether or not what THEY think you wish to do(or the implications of it) will have positive or negative consequences for them.

Following to sum up, I will end by saying that in exploring methods to give your child a head start in life, you might want to concentrate on discovering what works, and not just what someone else thinks will not. Perhaps you'll end up being the one (or one of those) who finds out the better way of doing it. If you fail to give it a try, you : and YOUR child - stand to lose more than you are likely to obtain.
-----End Of Excerpt-----

There Is A Bigger Threat To The New venture Entrepreneur

But then the problem posed by the foregoing individuals(who want to provide advice), to the baby entrepreneur is even mild.

How about when aspiring entrepreneurs, are made to believe that a certain group or even organisation can help them prepare to go into entrepreneuring effectively? What about those instances when they have to entrust themselves into the fingers of an elite group, that supposedly specializes in providing schooling crucial for entrepreneurial survival/success?

The legitimacy conferred upon such organisations by large institutions (some international inside nature), make them potentially powerful in terms of the impact they can create on those who are exposed to them. Some are funded to provide assistance for establishment of small businesses and other entrepreneurial ventures.

But the ones I am really concerned about are those run by individuals who lack practical experience in entrepreneuring. They are the ones who else (tend to) do things that prevent the aspiring entrepreneurs through getting a fair and impartial opportunity to pursue their desires. Or how do you explain the case of an organisation, in attempting to "admit" participants into its programme for entrepreneurs, deciding which aptitude tests will be the best way to determine people who qualify to participate?

I concede that the foregoing may not happen in ALL instances, but my experiences suggest that the instances when they do happen are significant enough to warrant attention. (To always be fair, there are probably more of such people/organisations in my section of the world, than will be found in developed societies where documented accomplishments of past/present
Peter Loftin  have - over time rapid influenced the "thinking" about how to develop entrepreneurial talent).

These types of people/organisations frequently lack "real-world relevant ideas" about how to assist those who come to them successfully launch their entrepreneurial professions - and often neglect to engage those who do. In many cases, these people possess degrees/qualifications from business schools, which have been variously defined - by veteran entrepreneurs - as being preoccupied along with teaching about "what is possible".

Certain accomplished business owners - some of who succeeded despite having little(or no) formal education for instance - have pointed out that business colleges often lack understanding of the essential roles played by the innovative instincts and desires of the entrepreneur, the brute endurance s/he applies in meeting the challenge of adversity throughout form of repeated disappointments, market place rejection etc - And also the equivalent potential benefits those experiences afford the willing business owner, towards achieving desired success(es).

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