In the last month, I've gotten calls from several individuals or organizations who've gotten bad advice. They've also received disappointing reality checks from me.
One call was from an organization that rapidly needs to change its business model. The advice they got, complete with financial projections, was to create gold, silver, and bronze sponsorship levels.Lots of stress when I shared why that wouldn't be the best approach.
Another has a business model based on sponsorship but not a lot of "there" there. "Everyone" has given the organization feedback that it will work.
But the one that killed me? The 15-year-old entrepreneur who was told that corporations have lots of money to give away. He's developed a popular online destination and had high hopes about his sponsorship...