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Small Business Tools and Resources


Navigating the Floodgates of Advice

by Terri Lonier, President, Working Solo, Inc. (www.workingsolo.com)

Tell your family, friends, and colleagues that you're launching a business, and a remarkable thing happens: everyone turns into an expert, willing to tell you how to run your new enterprise. Even Aunt Sally, who has zero entrepreneurial experience, now considers herself the voice of authority on your fledgling operation. This seems particularly true if it's an Internet-based business, because, hey, Aunt Sally has an email address, right?

All this well-meaning advice can make your head spin. Ask six people you know for their feedback, and the likelihood is that you'll get six very definite - and divergent -- opinions.

So how do you know which ideas to take to heart and which to ignore? Let me offer what may be the best piece of advice you'll ever get: Get clear on the distinction between receiving advice and acting on it. Just because someone has given you advice, it doesn't mean you have to follow it.

Yes, you can listen to advice. Heck, you can even actively solicit it. But when it comes to making the final decision, never forget that you're the business owner. The final responsibility - and resulting consequences - all reside with you.

What gets so many soloists in trouble is that we don't know how to navigate the floodgates of advice-givers. We get sucked into the strong currents of ideas and personalities, and often feel as if we're drowning. Here are some tricks to stay afloat.

* Acknowledge the advice-giver.
When someone gives you an idea or piece of advice - no matter how wise or foolish - look them in the eye, smile, and say "Thanks for sharing your ideas. I'll give them some thought as I make my decision." Even if you instantly know you'd never do what they're suggesting, it smooths over the conversation in a respectful way. Your response, of course, is also true, since you will think back on all ideas, both inspired and discarded, when you make your decision.

* Keep an open mind to every idea.
Try to find merit in even the zaniest ideas. Sometimes the contrast between a "not a chance" idea and one that's a great solution can jog your brain to new levels of creative thinking. Give every idea a space in the pool of possibilities.

* Try to capture every idea.
Jot them down in a notebook, on tape, on your computer, or with another digital note-taking device. Even though they may not make a lot of sense right now, you may discover synergies later. It's also great fun to look back and see how many ideas - even just small bits and pieces - end up being important stepping stones to your business growth.

So let the flood of ideas and advice wash over you. Just don't let yourself drown in the obligation to follow through on each of them. Acknowledge them all, but choose the best. After all, you're the one who's the president, CEO, and chief of your solo business. The advice-givers will come and go. You want your business to stay for a long time.

Copyright 2004 Working Solo, Inc. All rights reserved.

Past Terri Lonier Articles 

Bio Note:
Terri Lonier is a business coach who guides business owners on how to generate greater profits -- and have more fun – while running your company. One of the nation’s most respected authorities on self-employment and entrepreneurship, Terri is author of five books, including the classic startup guide, “Working Solo.” Her work has been featured in the New York Times, the Wall Street Journal, Fortune, Fast Company, Inc., and on CNBC, CNN/fn, and radio stations around the world. You can learn more about Terri and her Pathfinder Coaching Program at her Working Solo Web site, http://www.workingsolo.com

 


 

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