8 Sources of Entrepreneurial Advice and Inspiration

When you need advice, it’s essential to have somewhere to turn.

Question: Who do you turn to first for advice and why?

Myself

"Before going to others, look inward. You know your situation better than anyone, and you are capable of amazing creativity. I find it useful to pretend that I'm looking at someone else's issue instead of my own. If someone else were coming to you with this problem, what advice would you give them? Take a step back and objectively evaluate what is happening. "


My Peer Advisor

"I have a daily call with Bhavin Parikh, CEO of Magoosh.com. Even on weekends we talk. While we run completely different businesses (watches for me, test prep for him) we're going through many of the same struggles of growing a business. He knows everything about Modify, so that when I call and bring up some small issue, he has all of the necessary context and can simply give advice."


My Father

"My father is without a doubt the first person I turn to for personal and business advice. He has seen just about everything and has met just about every different type of person in his life as a lawyer. He is a very grounded, well-rounded person who has been a successful business person and (more importantly), human being. "


An Executive Coach

"One of my most trusted advisors is an executive coach. She has been part of my team since my business was only a few months old. Executive coaches are great because they know more about your business' inner-workings than an outside mentor, but they are more removed than a board member or colleague. If you find the right one, he/she can be an invaluable impartial resource for key decisions."


My Wife

"My wife has no business background. She is a teacher. However, she possesses a deep understanding of me unlike anyone else in the world. Bouncing ideas off of her proves to be an effective exercise since she offers a fresh perspective on the issue at hand. "


Google

"I turn to Google because I hate asking questions without understanding the topic. Once I have a basic understanding, I am able to ask better questions, which leads to better results. "


Resources

8 Sources of Entrepreneurial Advice and Inspiration

When you need advice, it’s essential to have somewhere to turn.

Question: Who do you turn to first for advice and why?

Myself

"Before going to others, look inward. You know your situation better than anyone, and you are capable of amazing creativity. I find it useful to pretend that I'm looking at someone else's issue instead of my own. If someone else were coming to you with this problem, what advice would you give them? Take a step back and objectively evaluate what is happening. "


My Peer Advisor

"I have a daily call with Bhavin Parikh, CEO of Magoosh.com. Even on weekends we talk. While we run completely different businesses (watches for me, test prep for him) we're going through many of the same struggles of growing a business. He knows everything about Modify, so that when I call and bring up some small issue, he has all of the necessary context and can simply give advice."


My Father

"My father is without a doubt the first person I turn to for personal and business advice. He has seen just about everything and has met just about every different type of person in his life as a lawyer. He is a very grounded, well-rounded person who has been a successful business person and (more importantly), human being. "


An Executive Coach

"One of my most trusted advisors is an executive coach. She has been part of my team since my business was only a few months old. Executive coaches are great because they know more about your business' inner-workings than an outside mentor, but they are more removed than a board member or colleague. If you find the right one, he/she can be an invaluable impartial resource for key decisions."


My Wife

"My wife has no business background. She is a teacher. However, she possesses a deep understanding of me unlike anyone else in the world. Bouncing ideas off of her proves to be an effective exercise since she offers a fresh perspective on the issue at hand. "


Google

"I turn to Google because I hate asking questions without understanding the topic. Once I have a basic understanding, I am able to ask better questions, which leads to better results. "


See Also: How NOT Appearing on Shark Tank Helped My Business

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