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What an Outside Advisor Can Do For You

November 25, 2017 // R. Shawn McBride // No Comments »

R. Shawn McBride recently spoke about the benefits an outside advisor can bring to your business.

I’m Shawn here with you, asking you an important question. What can an outside advisor do that you can’t do on your own? Well you know, sometimes having that outside person can make all the difference, a lot of different pieces.

Number one, they might be able to say things that you can’t say. You are limited in what you can say as a business owner – everything goes on the record. If you come down hard on an employee, that employee is going to remember what you said to them. Also, you are so ingrained in the business that people don’t listen to you the same way. They think, “Oh, maybe they’re making a mistake of judgment. Maybe they don’t understand the situation.”

When you have somebody from the outside tell somebody that, they have additional credibility, plus expertise, plus they’re neutral. It is an unbiased position. Typically somebody from the outside is viewed as not having the same biases or internal things that somebody in the business has.

The second thing an outside advisor does is they have that ability to go into situations and analyze and see outside perspectives that you might not see. You’re in it every day, so even when you try to step back, you still have all your day-to-day memories, all the day-to-day things going on and you remember how things are going, but the advisor may have a completely different point of view, which means they may bring some fresh energy, fresh ideas, and fresh direction for you. So, a lot of benefits of bringing in an outside advisor. I know it costs money. I know it’s a little challenging for your organization, but really there are some doors that open up only when you bring in that outside advisor. Plus it’s a way to express things or say things in a way that can’t be said or expressed by yourself. So, really consider it to be critical to your business growth to get that additional advice and expertise of that outside perspective. So think about an outside advisor. It might make all the difference for your business.

If you’re growing your business make sure you check out R. Shawn McBride Fans and Audiences and the McBride for Business YouTube page. We’re bringing great content to you, stuff that’s directed to successful private business owners like yourself that want to build companies that stand the test of time. Make sure you’ve got your business evaluation checklist from McBride for Business, and if I can ever help you speak at your next conference event, help your next association recommend me as a speaker, or come meet with you one on one, let me know. Let me know how I can help you. I’m R. Shawn McBride. I’m signing off, but 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 Mark Anderson.

 

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, Growth, Management



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