Matt VaadiCEO at guHRoo | We help small businesses build HR growth infrastructure (People + Tech + Benefits)

The best piece of business advice I ever received for my startup. So simple yet profound.

Name: The best piece of business advice I ever received for my startup. So simple yet profound.
Uploaded: 2022-11-02T12:17:38+00:00
Duration: 57 s
Channel: Matt Vaadi
Description: In this brief reflective monologue, the speaker shares the most impactful business advice they received during the early days of running their company. A…

2 Nov 2022 · 1 min

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In this brief reflective monologue, the speaker shares the most impactful business advice they received during the early days of running their company. A mentor, over coffee, countered the speaker's feeling of paralysis by analysis—stemming from the belief that there are countless ways to run a business with no clear playbook—by stating that there are "a million right ways" to do things. The key takeaway is to choose one path that feels right, pursue it, and adjust as needed, freeing the founder from indecision and enabling progress by standing on the shoulders of prior successes.

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This was one of the most simple yet profound pieces of business advice I've received in the 8 years I've been running my company. And it was just a throwaway line for a friend mentor over coffee. He asked how we were doing. It was the early days. He knew we were just getting started. He said, how are things going? I said, it's great, but there are a million different ways to do things. There's no playbook for running a company. And I'm oftentimes just stuck in paralysis analysis. And he said, no, there's a million right ways to do things. You just need to pick the right one for you, run after it, and adjust as necessary. And that simple piece of advice freed me up to make decisions knowing that there are a million right ways to do things and that we can just follow the path and stand on the shoulders of the giants before us and make progress and adjust when needed. It's that simple.