5 Pieces of Common Startup Advice That Do More Harm Than Good

by Larry Alton via Entrepreneur.com

When you’re first starting out as an entrepreneur, you’re a sponge, soaking up every piece of advice people give you, from mentors and bosses to friends and family. Overall, this is a good thing; it’s important to open your mind, learn new perspectives, and be open to different experiences. That’s how entrepreneurs are able to create new ideas and find alternative ways to solve problems.

Unfortunately, not all of the advice you get is going to be worth following. Some of it might even do more harm than good. The people telling you these tidbits have the best of intentions -- helping you succeed as an entrepreneur -- but the execution of this advice can lead to unexpected consequences and spectacularly bad results...