Not All Advice is Good Advice

Episode 7 of the Talking Tuesdays with Fancy Quant podcast, hosted by Dimitri, titled "Not All Advice is Good Advice" was published on May 4, 2021 and runs 12 minutes.

May 4, 2021 ·12m · Talking Tuesdays with Fancy Quant

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Summary

Send us Fan Mail When working at a start-up everyone comes out of the woodwork to tell you how to run your business. It is very challenging to figure out good and bad advice especially when you end up in really unique situations. There is no quick Google search for the right answer or there are a million opinions and no clear answer. Over the years of my career in manufacturing and in banking I've come to the conclusion that most consultants aren't worth much and their charge way more than t...

Episode Description

Send us Fan Mail

When working at a start-up everyone comes out of the woodwork to tell you how to run your business. It is very challenging to figure out good and bad advice especially when you end up in really unique situations. There is no quick Google search for the right answer or there are a million opinions and no clear answer.

Over the years of my career in manufacturing and in banking I've come to the conclusion that most consultants aren't worth much and their charge way more than they add value. Most are young kids with no experience or senior managers who have been consultants all their lives. You can't provide very good advice unless you have been in many of the situations that start-ups or large companies will face. Don't get me wrong, I have seen a few good consultants but there aren't many of them.

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