I facilitated a discussion yesterday with some @villageglobal founders on the topic of advice. As @vkhosla has said, one of the most important decisions you make as an entrepreneur is whose advice you listen to. And how you parse the advice. Here were my notes for the discussion:
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7) In the entrepreneurship field, there's tons of contradictory advice. Be persistent and never give up...but also pivot and adapt. Etc. Expect contradictions. I'm reminded of the old proverb that the opposite of every great truth is also a great truth.
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8) Some of the best entrepreneurial advice is indeed cliche (e.g. "recruiting A-players is everything"). But cliches are often cliches for a reason — they often contain real truth. (David Foster Wallace once wrote about this fact w/r/t cliches.)
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9) Don’t become addicted to meetings with advisors and mentors. It can *feel* like you’re making progress but it isn't real progress.
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10) It's okay if you have some advisors/advice-givers involved who have limited time to actually help. The ideal advisory board is composed of big names with no time (useful for their brand) and no-names with lots of time (useful for their time).
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