If someone were to devise a Google like algorithm to assign value to business advice, then add up all of those values, the result would be some number very close to zero.
Take for example a business question that has been on the mind of every entrepreneur since at the dawn of the last ice age when the entrepreneurial Zog tried selling his pelts village to village. Of course no one in his village wanted any, they all had access to the same supply he did. As he carried his load to the other villages in the valley it was the same story. Zog was discouraged. He wondered, “Should I give up, or hump these things over the mountain and try to sell them in the next valley?”
Quit or persevere? One expert will tell you to know when to quit, another equally successful expert will opine that you should never quit. Assign a value of 5 to persist and –5 to quit, and you see that the advice adds up to zero.
The same is true for all opinions given without knowledge of the facts. They all have the same value. Zero, zilch, nada, nothing.
Sure, the generalities persist. It’s probably not a good idea to start a land war in Central Asia or try to make a better search engine than Google. It’s not likely that you can loose money on every transaction but make up for it on volume. And for God’s sake I don’t need another photo sharing app. But beyond that, you know more about what you’re doing than I or anyone else banging out advice on a keyboard.