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March 7, 2013
Jim Connolly How to make better business decisions
By Jim Connolly
Today’s post is all about how to make better business decisions, by filtering the advice and information you receive.

Bad advice with good intentions

There seems to be no shortage of people, eager to give their unrequested advice to business owners. I have been thinking about this a lot lately. A local business has recently changed ownership. The new owner told me that he’s being bombarded with well intentioned, yet bad business advice. He explained that those offering the advice, have told him they’ve never run a business and have no expertise in his field of business.

Yes, they are trying to help. Yes, they are sincere, as they tell him what to do and what to avoid. However, good intentions and sincerity do not transform bad advice into good advice. [...]

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