Donna Genie opens a YouTube video about the value of free advice, especially for people starting a business. She cautions viewers to treat free advice skeptically, rely on experts for specialized matters (e.g., legal contracts), and explains she advises business owners but defers to attorneys or other specialists when appropriate.
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Oh, free advice. All right. Everybody loves some free advice, don't you? Well, I'm here to tell you, you should take that free advice with a grain of salt and be very careful what you do. When you're starting a business, everybody has advice for you. They've got tips. They know exactly what you should be doing. Well, I'm not so sure. Is that free advice really worth much? Well, I'm going to discuss how you can sort out which advice is valuable and which isn't. As a successful entrepreneur myself, I advise business owners all the time on things relating to their finances, their strategies in setting up their entities, their sales operations. We dive into a lot of issues. However, if they ask me about a contract, I may be able to look at it, but I'm also going to remind them that they should have that run through an attorney to take a look. I'm not going to step into places and offer 100% guidance and advice on something I don't know anything about. Sometimes you got to leave this to the experts. So advice can come in all sorts of places, from family, friends, strangers on the Internet. Everything on the Internet, right?