Some people are smarter than you, and its ok
Sometimes it can be hard to admit that someone else is smarter than you. I have yet to meet someone that knew everything or was good at everything (I’ve met a lot of people that thought they were and at time’s have acted that way myself, but who hasn’t). When you’re sick you go to a doctor because he or she is smarter than you, not because you don’t have the capacity to understand something, but because they went to medical school and you didn’t. No one thinks twice about having to ask a doctor questions. Why do people have issues going to financial advisers or lawyers for help?
One of the great things about the information age is the a problem in itself, there are a lot of free resources for setting up your own company as well as investing or trading and many other things. The point is that you aren’t always capable of having the time research the difference between retirement accounts, the difference between an ETF and a mutual fund, why you should buy a specific stock, or even why you should bother. When starting a company its really easy to get online and register a name, it relatively simple to start an S-Corp or an LCC, but its not always clear as to which one you should use for your business.
I firmly believe that “In the counsel of many, there is wisdom.” (Proverbs 15:22) So learn as much as you can when you can, but sometimes you have to hire someone that is ’smarter than you’ to point you in the right direction. Sometimes its just a matter of hiring someone to teach you how to do things correctly.
The smartest and most successful people build teams of people that are smarter than them in different areas. I recommend building your own team, it will totally be worth it in the long run.
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