When people think about setting up a small business they often think they are going at it alone against the world. Everyone wants to start the next one man business that will end up ruling the world and become the next Apple or Walmart.
The reality is that the companies that are household names now did not start out on their own, they had help. Not just staff and workers but people giving them advice on different parts of their business.
Advice and opinions are not the same thing, everyone has opinions on everything. Whether it is the weather, politics and religion or sports everyone you meet will be able to share their opinion on the subject.
Advice that is valuable and will help move your business forward can be harder to come by but that is exactly why every small business owner should seek it out. The expression "I can't see the wood for the trees" is much used and it really does apply to most small companies.
We all get so used to our own working environment that we sometimes miss opportunities to improve and expand our business. By inviting other business people to look at our work we can have a fresh set of eyes who may well be able to find a better way of doing things.
Fear is often the main reason that businessmen give for not inviting others into their business, people are scared that someone will steal their ideas and set up in competition. Fear is not a good way to run a business, it is a limiting emotion.
If you surround yourself with smart associates who want to share their experience you will find that you can all grow. This is exactly where an advisory board comes into its own, by making it an official part of your company you are showing how seriously you are taking the matter.
You do not have to pay people to be a member of the advisory board, although it is a good idea to get the best people you can and if you can afford to pay for them then do so. When you are just starting out in business you will probably have to rely on the goodwill of others, choose people with real life experience that is relevant to your business.
The reality is that the companies that are household names now did not start out on their own, they had help. Not just staff and workers but people giving them advice on different parts of their business.
Advice and opinions are not the same thing, everyone has opinions on everything. Whether it is the weather, politics and religion or sports everyone you meet will be able to share their opinion on the subject.
Advice that is valuable and will help move your business forward can be harder to come by but that is exactly why every small business owner should seek it out. The expression "I can't see the wood for the trees" is much used and it really does apply to most small companies.
We all get so used to our own working environment that we sometimes miss opportunities to improve and expand our business. By inviting other business people to look at our work we can have a fresh set of eyes who may well be able to find a better way of doing things.
Fear is often the main reason that businessmen give for not inviting others into their business, people are scared that someone will steal their ideas and set up in competition. Fear is not a good way to run a business, it is a limiting emotion.
If you surround yourself with smart associates who want to share their experience you will find that you can all grow. This is exactly where an advisory board comes into its own, by making it an official part of your company you are showing how seriously you are taking the matter.
You do not have to pay people to be a member of the advisory board, although it is a good idea to get the best people you can and if you can afford to pay for them then do so. When you are just starting out in business you will probably have to rely on the goodwill of others, choose people with real life experience that is relevant to your business.
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