Do do due diligence or you could be in deep doo-doo

Just because a person says "Being egzpurt I am" you shouldn't simply take them at their word.

I hate to be mistrusting of people, but as one of my favorite aphorisms says, "Just because you're not paranoid, doesn't mean they're not after you."

We start our businesses wanting to do what we like and know best.  However, that startup also requires us to deal with many other facets of business which we know nothing about.  So we hire consultants and soi-disant experts to help us over the rough spots.

When you hire those consultants your business is at risk, so do your due diligence.  Ask for references, and then call those references and ask as many questions as you can.  Take a few minutes to run an Internet search.  Don't forget to search for negative reviews as well, and if you can, follow up with those folks as well.  Ask your friends and other professionals.  You can't be too careful.

Yes, there are plenty of honest, trustworthy, efficient and competent consultants and experts out there, and they contribute immensely to the success of many businesses. 

And there are lots of frauds as well.  In the 1990s I worked for a short time for a particular company.  They were successfull and popular, and wanted to expand and grow.  They hired a consultant who presented a long list of clients.  He quickly convinced the owner to make him the general manager.  And the organization crashed within two years. 

It turns out this expert's long list of "clients" was a recounting of all the businesses who had hired and then fired him.  The employee who discovered and reported this creative reframing of the expert consultant's work experience was canned soon afterwards, and the company continued its death spiral.

In the end, the company owner woke up to the unhappy truth, and the expert consultant had one more "client" to add to his list.  The company survived, but after a decade, has not, to my knowledge, recovered to its prior level of success.

Avoid the doo-doo and do do due diligence.

--Steve Lange
Senior Editor
Palo Alto Software 

Comments

[dax]

this a nice post!!i admire you for this. keep up!