HACKER Q&A
📣 yarapavan

What was the best business advice you’ve gotten?


What was the best business advice you’ve gotten?


  👤 JohnFen Accepted Answer ✓
I've received a lot of great business advice over the decades -- most of which I didn't know was great advice until I got bit by ignoring it.

But I think, hands down, the best advice I ever got was to never be shy about saying "no" to things. You're more likely to go broke by saying "yes", so make "no" your default response and only switch to "yes" when you can rationally support that decision.

The second-best advice I ever got was the "chandelier rule": when you're being pitched some sort of deal, the bigger the chandelier in the room, the worse the deal is for you. That is, be very, very suspicious if someone is treating you opulently when they're trying to sell you something.


👤 mindcrime
"Keep your solutions close, and your problems closer"