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This week’s highlights:
00:10 – Here’s what my grandfather told me…
00:41 – What people tell you are just ______
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Transcription:
James Schramko here with a great tip on protecting your best asset.
My Grandfather’s Tip
So, when you’re getting advice from people, whether it’s a book, a video or an audio, just do what my grandfather told me and question the person giving you the advice. Are they qualified to actually teach you?
Taking Advice from an Unqualified Expert?
I just watched a video from a guy who’s pretty much a washed-out business guy. He’s done it all, he’s failed many times and he started a new video and people are now watching it. And God help them, probably some of them are taking his advice. Well guess what? He’s not qualified.
Is He A Qualified Expert?
Protect What Goes Into Your Mind
So, make sure you do a bit of background checks. Make sure that you remember that when people are telling you stuff – even what I’m saying now – it’s just an opinion and you have to make up your own mind. So, protect what goes into your mind and qualify experts.
I hope this tip is helpful. I love your comments. I’m James Schramko.
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Please leave your comments below.
“protecting your best asset” – love it! :)
True – your brain is where it is at.
Love it James. Another mentor calls it ” protecting your mental estate”!
Loved the email mate. Only ever take your opinion on things relating to my online business.
Thank you Mark!
I can’t stop laughing. For a man of few words this was one well written email.
complete with a few typos!
Wow James that is the best email I have got in a long time so true I only now have a hand full of people who I can say know there stuff and you one of them keep it up.
Errol Nezar
Thank you Errol
Sound advice – thank you.
good one!
you’re on the (extremely short) list of people that i’ll never unsubscribe from
got to say i’d love to know which one of the online zombies you’re referring to… ;-)
Great tip as always James. I’m really pleased that I’ve discovered your websites, podcasts and subsequently your advice amongst the massive amount of noise that there is out on the internet in the way of business tips.
I find it quite humorous how businesses go through a massively detailed process (at times) when recruiting someone to fill a role, yet have a very laissez faire attitude to accepting and actioning advice. When I’m accepting advice I treat it like recruitment and do as much research as I can.
With the information that is available online these days, research is easy and charlatans like you’ve described in your video won’t last long.
James – such passion !! Reading the “wordy” e-mail I could feel your disgust. Thanks for sharing a huge negative and creating some positive advice from your experience.
Take good care,
Jim
Great advice James. Who are you? And what have you done? These are the two questions my Dad taught me to ask before taking advice from someone. It’s common sense. Lloyd.
More people should demand that Lloyd!
that’s why i follow you
Succinct and to the point! Love it..so true!
Great advice, James. In addition to checking out the credentials of the one offering advice, I also recommend checking any statistics they use to support their claims. All too often, that “#1 ranking on Google” for their website is long-gone. I saw one a year or two ago in which the income claim at the price point they gave would have required better than 100% conversion of all of the Google keyword tool broad-match volume for their keywords (I inquired as to how that was possible and strangely they never responded – must have been saving their magic conversion trick for another product launch!).
James,
I really appreciate you sharing with us the ungrateful behaviour of that guy in the United States that you tried to help. People like that eventually end up on the world’s scrapheap – whether through business collapse or illness which comes to teach them what they have not learned in the proper and decent way. Your grandfather’s advice which you kindly offer us is part of the perennial wisdom of the business world, which has often been observed in the breach of recent times – hence all these rip-offs and bankruptcies.To many of us who have followed your career with interest, you are the real deal. Caveat emptor – let the buyer beware was the old latin proverb – which still holds good today.
Well put – I know I’ve spent a ton of time and money chasing people I thought had all the answers instead of trusting my gut
Great post, thanks…your Grandad knew a thing or too then :-)…good reminder to look both ways before leaping, taking that moment at the beginning of the process will save much wasted time, money, pain etc in the future…one question for those that are easily blinded by the pitch, and there are some convincing pitches out there target at the uninitiated….. do you have suggestions for a quick check list to go through before leaping in head first
Thank you for the email James! It was funny and enlightening at the same time. Very timely for me as well since I’m in the process of cleaning out my inbox and having the thoughts you mentioned in your vid — whose advice should we really accept and follow or simply, allow to influence our thoughts and choices?
James,
I can’t help but smile at the advice you provide. It’s sad that such warnings are necessary. However in every industry there is right and wrong, good and bad, etc…
Thankful for the example you set.
Jeremy
As my Father always told me, “Son, be careful who you take advice from. The word ‘expert’ can be broken into two parts…ex and xpert (spurt). An ‘ex’ is a has been, and a ‘spurt’ is a drip under pressure. Always remember that some who claim to be an ‘expert’ are really just trying to make some quick money because they are under tremendous pressure to stop being a ‘has been’.” “Always be vigilant and diligent.”
James, thank you for sharing your GrandFather’s advice and reminding me of my Father’s own words.
Nice one Roger. Those oldies knew a thing or two
Thanks for the email. I have forwarded it to some people I know of whom some may be sucked in by the hype. If they want to make it then the first thing they need is a heads up on the sharks before trying to swim out into the ocean
Cool.
Tim
thank you Tim
“Protecting your best asset…”
According to my wife, my brain is mainly located in my pants, which by happy coincidence is where my other favourite asset is located.
So at least that should make the task of protecting both of them much easier!
P.s. If the missus finds out that I posted this, I will probably be back down to just one asset again.
hahah dont worry Simon, its only the internet.
James,Your grandfather was an amazing philosopher !
.I know as he was my Dad! A piece of his advice came to me every day and has never been forgotten. A true treasure !
He was an amazing influence on me as were you mum.