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Conflicting Advice from Business Advisors

November 7, 2017 // R. Shawn McBride // No Comments »

R. Shawn McBride recently spoke about getting conflicting business advice from advisors.

Shawn, here with you. I’m going to talk about living in the real world and getting conflicting advice. If you’ve been in business for any period of time, you’re getting conflicting advice. And where it gets really frustrating is when you go into coaching. And I’ve used a lot of coaching over the years. Now I coach people. And one thing that’s very interesting that you find, a lot of coaches will have conflicting advice. This is where you, the client – you, the one in control of the business team makes some decisions. And sometimes there’s not cut and dry decisions. Coach A may tell you to follow one strategy. Coach B may tell you to follow a different strategy. Both may be worthwhile and valid strategies. Now you need to stop and figure out why those strategies are to be implemented and figure out which one makes more sense for you.

So, just because you have a coach, doesn’t mean you have to follow their advice blindly. Certainly, you want to work with your coach, you want to be interactive, and you want to listen. But you want to push back. It is ultimately your business. You are responsible. You’re in financial control. You’re the one that’s going to get the financial upsides, and you’re the one that’s going to take the financial downsides, not your coach. So you’re responsible for making it happen. You’ve got to make the ultimate decision. And some of these things go down to your gut. You’ve got to really think about what you’re feeling in your belly, in your stomach, and what you think is right for you. And if you think that one path is better for your business than the other, then go that direction.

So you’re going to sometimes get conflicting advice. You’ll get it from your Board of Directors when you get to be a bigger company if you have that going on. And you’ll also get it from your business coaches as your smaller company, or conflicting business advisors. This is a normal part of the process. Don’t feel bad about it, just work through it. Make a decision. You’re going to have to go one direction or the other. And one of the keys here is to make a decision. You have to pick a path. Go a direction, then go back and re-evaluate later. So you can make the right decision, maybe change with new information. But make decisions. Don’t sit around and decide, decide, decide. It can be crippling for you.

I want to thank you for taking the time to think about you and your business. Thinking about this type of issue is not easy. It’s the type of thing that will really make a fundamental difference in your business, so it’s great that you’re doing it and really getting through this process with a coach. Having these conflicts shows that you’re engaging in the process and you’re thinking and you’re learning. And that’s wonderful. It’s going to help you a lot in the end.

Check out our R. Shawn McBride Fans and Audiences page on Facebook. Go to McBride for Business on YouTube. Subscribe. Check out videos like this about how to make your business better. Let me know how I can help you. I’m R. Shawn McBride. Get your Business Evaluation checklist at mcbrideforbusiness.com. Let me know if I can come in. Maybe I can do a keynote for your company or organization you’re a part of. Do some training or maybe we can do some one-on-one coaching. Let me know. I’m over at mcbrideforbusiness.com. I’m R. Shawn McBride. I’m signing off and I’ll be talking with you again very soon.

Make sure you download our free checklist to assess your business. 

 

This posting is intended to be a tool to familiarize readers with some of the issues discussed herein.  This is not meant to be a comprehensive discussion and additional details should be discussed with your attorneys, accountants, consultants, bankers and other business planners who can provide advice for your circumstances. Each case is unique.  Past results do not guarantee future outcomes. This article should not be treated as legal advice to any person or entity. Freeimages.com/photographer G. Schouten de Jel.

About the Author

R. Shawn McBride is the Chief Innovation Officer at McBride For Business, LLC. His signature keynote, The 3 Laws of Empowerment, gives audiences an entertaining look at how they can prepare, plan and protect themselves. You can email R. Shawn McBride or (214) 418-0258.

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Posted In: Business, Management, Risk



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