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There is no future in any job. The future lies in the man who holds the job.

  • Heng Kim
  • Posted Articles: 13
  • Last Posted: 2017-05-27 02:00:07
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Worst Advice Received by Successful Entrepreneurs

2016-02-17 08:01:32

Even the wisest ones need an advice. But instead of getting enlightened, they made things more complicated, making it harder for you to resolve it. The six successful employers shared the worst advice they have ever received.


Arlene Battishill



Founder and Chief Executive Officer



GoGo Gear



Many years ago, American TV series Shark Tank featured Battishill and GoGo Gear, a company that manufactures fashionable and protective riding gears. The businesswoman, at that time, wanted to generate capital by entering into the European and UK markets. The said TV show’s panel recommended to simply focus on the US market, but Battishill decided to dismiss Shark Tank’s advice. That decision resulted in higher European sales and little success in the United States.


Alexia Bregman



Co-Founder



Vuka Natural Energy Drinks



Bregman was once advised to mimic past actions of stable companies to ensure success. But she chose to be on her own and create her own brand, believing it would limit their capability to make a mark in the business of manufacturing natural energy drinks.


Joshua Dziabiak



Founder



TheZebra.com



Once upon a time, the serial entrepreneur was told to come up with a complicated, detailed business plan before going to market and raising capital. Not in his case, though. Dziabiak realized initial plans do not work often and it is vital to determine the fundamentals, visions, business model, and capital needs. Quality over quantity. It is better to write a substantial two-page business plan than a pointless 50-page plan.


Shawn Fludd



Founder



Boo & Bear Children’s Boutique



When Fludd was starting out, a lot of people told him to establish his own network and discuss his business to as many people as possible. But he discovered it was a bad move because the first people he encountered were disinterested after their first meeting. So what he did next was he started talking less about his business and asked consumers more about themselves. Fludd also reiterated their interest in forming a long-term relationship. The rest is history. They found new customers and built good connections.


Samad Nasserian



Founder and CEO



Cozymeal



Not considering profit is arguably the worst advice Nasserian has ever received. His fellows suggested expanding his business now and profitability later. but Nasserian did not adhere to this recommendation, saying every businessman should focus on working on the right initiatives and sustainable growth.


Two cents. When in doubt, don’t. And filter each advice you receive from people, even your mentors.