Advice is cheap to give, but expensive to take. It costs “experts” nothing to tell you what to do with your startup, but you pay the price if you do it and they’re wrong. The best founders see this truth and seek advice regardless. In a world where advice is dangerous and abundant, how do founders choose who to listen to? When do they take advice, and how?
good post! #1 is true, #2 feels true but isn't quite true (bad advice reflects directly on the giver and word spreads — longtail type of brand-building stuffs, etc.), #3 and beyond... eh...
... #8 is probably the most important; it squares everything, at least for me.
.. but the next level is customizing each interaction per the founder. but, i have yet to have anyone invest in my projects that took that level of bespoke care.
... so, i'm doing it with my small portfolio of angels. i customize my behavior based on the relationship. this is not an easy strategy or one that can "scale" quickly, but, i'm building those systems as i learn how to do it.
good post! #1 is true, #2 feels true but isn't quite true (bad advice reflects directly on the giver and word spreads — longtail type of brand-building stuffs, etc.), #3 and beyond... eh...
... #8 is probably the most important; it squares everything, at least for me.
i saw your tweet (https://twitter.com/hollyhliu/status/1415329310940884992) but didn't respond cause i'm not using twitter right now per our strategy... but, appreciate you asking me for an opinion.
... and there were honestly too many examples to list. i generally agree with this, re: "best" advice:
https://twitter.com/yenFTW/status/1366761896385253377
.. but the next level is customizing each interaction per the founder. but, i have yet to have anyone invest in my projects that took that level of bespoke care.
... so, i'm doing it with my small portfolio of angels. i customize my behavior based on the relationship. this is not an easy strategy or one that can "scale" quickly, but, i'm building those systems as i learn how to do it.