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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.
 
There are so many people that have been part of the management of successful businesses. And they might give you valuable advise that can help your business.
I am one of such persons that has been in business management for a long time. And I believe I can give sound business advise.
 
I think you can find out what mistakes he has made to lead to the failure of his business. That helps you to alert yourself not to make the same mistake.
Exactly, there is always something to learn be it from failure or even from success, the funny thing is you even get to learn more from failure than success.
 
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