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Advisory

The Real Cost of Cheap Advice

Advisory • May 2026

There's a Facebook group for everything. Business owners helping other business owners. People sharing what worked for them, what didn't, what they wish they'd known. On the surface, it looks like community. And it is. But somewhere along the way, people started mistaking those groups for professional advice.

They're not the same thing.

I'm not saying your business mates or those communities don't mean well. They absolutely do. But "meaning well" and "giving you the right advice for your specific situation" are two very different things. And when you act on the wrong advice, you don't get a refund on the months you lost or the money you spent going in the wrong direction.

What cheap advice actually looks like

It looks like posting in a group asking what CRM you should use, and getting 47 different answers from 47 people who all have different businesses, different team sizes, different problems. You pick the one that got the most likes. Three months later, you're trying to migrate off it because it never fit what you actually needed.

It looks like your mate who's been in business for five years telling you to drop your prices because "the market is tough right now." He's running a trade business. You run a service firm. The markets are not the same. The client is not the same. The advice does not apply. But you drop your prices anyway, and now you're working harder for less.

It looks like hiring a generalist business coach who works with everyone from gyms to restaurants to online stores, giving you a templated six-step framework that has nothing to do with where your business actually is or what it actually needs.

None of this is free. The cost just gets hidden in time, revenue you didn't make, decisions you had to walk back, and the exhaustion of running hard in the wrong direction.

The compounding effect of bad decisions

Here's what people don't account for: bad advice compounds just like good advice does. When you take the wrong next step, you build the next six steps on top of that wrong foundation. You hire the wrong person for the wrong role based on advice that didn't apply to your situation. Six months later you're managing out of that hire, your team culture is off, and your clients have noticed something feels different.

I've seen it happen over and over. A business owner who spent eighteen months building a revenue stream that was never going to work for their model because someone in a group told them it worked for theirs. Eighteen months. Not free.

A founder who priced an offer at half what it should have been because she was told "that's what the market can handle" by someone who hadn't done the research and didn't know her clients. She left an enormous amount of money on the table and then wondered why she was exhausted and resentful of her own business.

What proper advisory actually gives you

It's not about paying for someone to tell you what to do. It's about having someone who actually knows your numbers, understands your industry, has sat inside businesses at your stage and past it, and who will ask the questions you're not asking yourself.

When I work with a client, the first thing I do is understand their actual situation. Not the situation they think they're in. The reality. Revenue, margins, team capacity, client retention, what's actually driving growth versus what they think is driving it. From there, the advice is specific. It's not a framework you could find on Google. It's a decision made for this business, this month, given what we know right now.

That kind of clarity is worth an enormous amount. Not because the advice sounds impressive, but because acting on the right information instead of the wrong information changes outcomes.

The question worth asking

If you're making decisions based on Facebook groups, podcast hot takes, or what your mate who runs a completely different business thinks you should do, ask yourself honestly: how much has that cost me this year? Not just in money. In time. In stress. In momentum lost.

Proper advisory isn't cheap. But it's nowhere near as expensive as a year of wrong turns.

If you're at a stage where the decisions actually matter, the advice should match that.

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