The 5 Minute Expert!

Beware… The 5 minute experts are circling.

I’m sure you’ve experienced it, as there are so many business mentors, business coaches, many different people coaching and consultants out there today and some of them are very good at what they do.

However if you dig a little deeper with most to see if they have any substance behind them, experience or runs on the board, in most cases they fall dramatically short.

It reminds me of a business group I was once involved in for a few months, there were so many 5 minute experts getting around in this group spruiking how good they were and funny thing was they were so full of their own manufactured importance they would only talk to certain people…

And the most interesting part of it all was that most of these people had attended a couple of business seminars, read a couple of business books or completed a 2 week business coaching program and BINGO, they were the new expert on the block!

…And not scared to let everyone know about it I might add.

5 minute experts are present in every industry, I’m sure you’ve seen them… right?

The crucial thing for us budding entrepreneurs is that we don’t fall victim to 5 minute experts… Can you imagine what could happen to your business and personal life if you took advice from one of them… Ouch!! Scary stuff.

I remember a small example for myself falling victim to an accountant who was playing out of his depth. It was only a small deal I took to him about 7 years ago and it cost me a little over $10,000 for his totally useless, totally wrong advice… And to rub salt into the wounds I paid him for his wrong advice. How embarrassing!!

The thing that we all need to take on board is that if you get the wrong advice for your business it will cost you big time!! Possibly even bankrupt you.

So beware and do your recon when consulting an expert to ensure they have the goods to get you your desired result. Look at what they’ve helped others achieve, their experience, credentials and what they’ve personally achieved.

A lot of business owners and entrepreneurs fall victim to their own “5 minute expert” thinking… I’ve seen it too many times where as soon as someone goes into business for themselves, they know everything there is to know about business.

Interesting thinking when you look at the most successful entrepreneurs in the world like Henry Ford, Richard Branson, Bill Gates, etc… They surround themselves with a team of experts.

I do the same myself and have invested hundreds of thousands of dollars in my own education and continue doing so today… It doesn’t matter who you are you can’t achieve great things by going it alone!!

Quite often I see employees falling into their own “5 minute expert” coma, as they see what the boss is doing and think they know better… Most don’t have the guts to take the entrepreneurship path and the ones that do quickly learn it’s not as easy as it looked when they were spectating.

Bottom line anyone can all fall for the “5 minute expert” thinking, but beware if you want to play a bigger game and go to a whole new level faster than you ever thought possible, you must seek the right advice, coaching and support.

Tags: 5 minute expert, Business, business books, business coaches, business coaching, business coaching program, business group, business mentors, business owners, business seminars, consultant, Entrepreneurs