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Selecting good adviser for your business

A lot of business have collapsed as a result of taking the wrong advise from the wrong people, some advise can be helpful and on the other hand some advise can distroy your business.

Taking advise from people who will gain or make profit from your own loss can be tactical and if you are not careful, you might not know the gravity of the loss you are going to suffer.

When you go to someone for advice, it may be a mentor, coach, lawyer or anyone at all, always consider the most important question before you agree to enlist them as your adviser.
Why are they in their profession? You must be much more concerned with WHY they are doing this, more than what they can do.
The vast majority of the time, the truth is that they're doing it for the money. It's their job, their business, the way they earn a living to achieve their goals.
The problem is that when somebody is giving you advice to supposedly help you in some way, for you to get you out of a problem perhaps, and at the same time they are doing it for the reason of making money for themselves, there is always a conflict of interest.

It may be subconscious, but the fact is that their deepest motivation is having a client, and keeping that client, which equates to long term income.
With this as their core drive, they can never subconsciously give you the best advice in the clearest and quickest manner, because then they would lose the client in one session and their income stream ends short.
You should always ask this question to anyone, even to your doctor. Ask them; 'Why are you a doctor? Is it a good job, a good business, or is it because you sincerely have always wanted to end peoples suffering.'
If it's a business coach or mentor, is it because they couldn't get any other job and this was an easy way they thought they could make a lot of money. If they are advising you on making money, how much do they have?
If it's a lawyer, do they really want to help you out of your trouble or are they just setting you up for trouble later down the line so they get more work to fix that problem, or perhaps dragging out the work so they can charge higher fees for more hours spent.
In business, when someone say; "Trust me, I am an honest person." they are really saying; "I have a sucker here who I can milk."
This most important question that you must ask will determine the quality of the advice and sincerity behind the person you turn to for help.
You may never get an honest answer, in fact you should always assume they are lying, but you can look in their eyes when they answer, and at least get a feel for how bad they really are. Then you will know how far to trust them.
As philosophers would say, Take Full Responsibility For Everything In Your Life and don't blame others for your misfortunes.
The reason this principle is so important is to stop you from feeling foolish, as well as not be cheated. Times when you completely trust someone, and they cheat you, you feel like a fool. That hurts your self-esteem.
But if you approach every situation with objective reality, the result will never hurt you because you went in with your eyes open. You don't get surprised when you get wet walking in the rain, what do you expect anyways.
Be objective in your deals with people whenever money is involved and you will always stay strong.
David Samuel is The Entrepreneur Monk, applying his understanding of the mind and emotions in business, relationships and personal growth.
Your mind makes you a success or failure, business skill is only a small part.
David resolved the riddle of why we do what is bad for us yet do not do what we know is beneficial and teaches that very effectively.

Going into a business requires careful delibration which also include taking reasonable advise from people, as an old adage "A problem shared is half solved" but taking advise from people who have the potential to gain from your loss is not the best idea.Be wise.

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