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Should I take business advise from a person who doesn't have a successful business?

King Belieal

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They say that people give advices best based on the experiences they have had in a particular thing. Should I be taking business advise from people that have never own a successful business? Do you think such advises would be sound?
 
I personally think no knowledge is wasted. The person might not have a successful business but he has experience. He can tell you things that made his business fail, mistakes he made so you can avoid them.
 
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