Understanding the value of advice.

If everyone would follow my advice, they’d all be rich! – Random Guru

I’d talked at length with the problems with “good” advice. Another part of advice that is exceedingly important is the specificity. As advice reaches general concepts, the value approaches 0 but is applicable to the widest audience.
As advice reaches high levels of specificity, the value maxes out, but the audience approaches zero.

This is why Alex Hermozi can give advice such as “give all your information for free.” This works for him because he has SO much information about a wildly complex topic (business management) that people quickly become overwhelmed, give up trying to spend months on end learning everything, and just partner with him. The free advice is just a demonstration of his competence, and is inherently, a sales pitch in the most beautiful of ways.

If you have a simple business that isn’t generalized at all like Hermozi’s business, and you follow his advice, then you’re going to give your secret sauce recipe for free. And since it only takes 45 seconds to explain for free, you’re also going to get nothing for it because, well, it was free.

If a lot of different people think something is good advice, the reality is that is probably isn’t good. – Truthcake

What’s some good advice you heard but then realized it was actually only good advice for someone else and not you specifically?