Most entrepreneurs are acutely aware of the fact that there’s a lot of stuff they don’t know about running a startup. This is why they are quite happy to seek advice, and they get this from multiple sources – by reading books and articles online, by attending conferences, by talking to other entrepreneurs and through mentors and coaches.My advice for what to do with all this advice is simple. You need to ask for advice from lots of different people, grade it according to its quality and ultimately make the decision yourself. After all, this is your job definition – as the startup CEO, the buck stops with you.You need someone who’s empathetic – someone who understands you and your constraints. Ideally, this should be someone who respects you – he will not tell you what to do, but will help you to make your own decision.
The problem with the startup ecosystem is there’s no shortage of people who are willing to give you advice and this is what causes problems! You ask three different people and you get six different solutions – two of which are diametrically opposite to each other.