Advice is a proposal for an appropriate course of action. They say it often breaks or makes an individual. We often receive advice from those that influence us or people around our sphere of influence. Whenever we seek for a change and probably find ourselves where we have to take a decision we seek for advice, especially when we must make a choice between two options. Since nature has designed it that way that we must seek advice, then what should we do to ensure that we are always on the right path when we seek a personal or professional advice.
Do you know that an advice might set you on the right path and yet be an unprofessional one?
So, what is then a professional advice? A professional advice is a piece of advice given by someone trained in a particular profession or field. Many are of the view that if an advice can make them achieve what is envisioned, it no longer matters whether it is professional or not. But this is not always the case because a professional advice charts a new course, which is extensively different from any other form of advice. For instance many mutual fund investors engage the “do-it-yourself” approach in their financial decisions. It may seem easy to follow the crowd and base investment decisions on the “hot” fund or manager of the moment — but there is much more you need to know when deciding which investments are right for you. Only a professional in this field can be of help to you. A financial service representative can help put you on the path to a comfortable retirement, as well as help you attain other financial goals. Anyone who chooses the “do it yourself” approach should be ready to face the consequence of not heeding to the advice of a financial adviser.
The short effect of an unprofessional advice is the failure and bad reputation it might cost an individual or a corporate organisation. But the long term effect could triple down to sales, the way the public perceive their products or services and can entirely close a business. Knowing all these, how can we spot a professional advice? The following steps can help us:
1. Only professionals give a professional advice: this is arguably correct, because shady business men who are professionals might still give unprofessional advice. But one can tell from their track records. So, the onus is on us to know who we seek advice from.
2. A professional advice seeks the good of an individual or corporate organisation in the right channel and opens the door to more productive choices for business success.
3. A professional advice never seeks to follow easy way as a shortcut to a due process that has been established as the right way of doing things. It still follows the process despite the long process it would take for it to achieve its result. A professional advice is usually given based on what is best for you.
4. It sets you apart from the crowd, gives you an undue advantage in your field and helps you determine your risk and tolerance level.
5. A professional advice always gives a comprehensive approach on how to solve any issue using defined strategy.
6. And finally it saves time and money.
So, I leave you with this self evaluating question: who do you take advice from and where do you go for advice?
By Benneth NJOKU