When you start up, everyone wants to throw in their two cents. Chances are, you’ll ask them to. Advice from seasoned entrepreneurs is usually meant well, but that doesn’t mean it’s right for you. When it comes to a fledgling startup, the fact is, you still know your company better than anyone — and you have to learn how to weed out the bad advice from the good.
We asked nine successful entrepreneurs from the Young Entrepreneur Council to share some words of wisdom they received from a mentor or investor that they then gladly ignored:
1. Get Your Old Job Back
When I started my first company and things weren’t going well, I went to a mentor for advice. His suggestion was to see if I could get my old job back. I told him I wasn’t ready to give up. Now, we are doing extremely well, and I’m growing my second company. If I had taken his advice, I’d be putting together testing procedure specification reports eight hours a day.
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