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The Worst Business Advice

13 professionals from the Young Entrepreneur Council were asked about the worst business advice they’ve ever heard.

Their responses, in brief…

  • There’s a market for everything
  • Fake it until you make it
  • Open your business when you’re ready
  • Follow your passion and money will follow
  • Don’t reinvent the wheel
  • Always be closing
  • Pay yourself first
  • Growth equals success
  • Don’t treat team members as family
  • Take the money and run
  • It’s better not to take risks
  • There’s no such thing as good debt
  • Don’t make friends in business

Funny thing is, you can probably find a successful entrepreneur attributing their success to each piece of “bad” advice above 😂

Goes to show how complex entrepreneurship is. The deeper you get into it, the more you realize that the best advice usually begins with, “It depends…”

Updated: October 10, 2023

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