Ask Who's in the better position to give advice? A successful business owner or a failed business owner?

[Btaliat]

When it comes to starting up a business, there is need to involve different people to be advising you. Among those people may be a failed business owner or a successful business owner.

While the failed business owner would be advising you against all the actions that you can take to avoid failure, the successful one would be advising you on how to be a better and successful business owners.

 

[Newman]

For someone that is new to a business and really want to get more wisdom tips, meeting the two sets should not be a problem. You can seek advice from the one that is successful to teach you how to be successful while the failed one will let you know what to do not to avoid failure.

 

[Brajet]

It's not just about being older or official it's about experience. Like, a friend who's been through a breakup probably knows what helps more than a parent who hasn't. But sometimes someone who hasn't dealt with it can see things in a fresh way and give a cool new perspective. Really, good advice comes from someone who listens, gets it, and can give tips without making you feel judged. It's not about knowing everything

 

[Newman]

The two needs advice. For the fact that you failed doesn't mean you can't be successful again. You can and still do better in that business. And for the fact that you are successful doesn't mean you can't fail. This means the two of them really need advice to make their business works out well.

 

[Dean101]

The successful one usually tells you what actually worked for them and how they made things grow. But sometimes they skip over the mistakes or lucky breaks that helped them. The failed business owner is more about what went wrong and what not to do. Their advice is super useful because it helps you avoid the same headaches. Honestly, the best move is listening to both so you get the full picture. One shows what success looks like, the other shows what failure feels like, and together they balance each other out i