Is it possible to have too many advisors?
Over the years, we have observed that the most successful business owners have carefully selected advisors, and these advisors may change from time to time. We have also noted that other owners have, in our view, too many advisors. The most successful business owners assess where they are strong and where they need help, and they identify potential advisors based on those factors. Many owners get advice from way too many people. Receiving a lot of advice may sound like a good thing, but someone explained the result this way: “Too many voices creates confusion.”
Do you have advisors (the right number, the right people) who complement your skills and knowledge, or do you suffer from “advice overload”?