Same situation, 2 advisors

In yesterday’s daily the message kind of didn’t get through the intended way. I’m sorry. There were a few readers’ responses that made me realize that. Thank you. 🙂

Hopefully, this time it will be clearer.

Imagine this.

You need to make an important decision on your business. A game-changer. One that has the potential to change the way you’re perceived in the market you serve.

You approach 2 advisors (Will and Joe).

Your budget is 10K.

In the future of this (imaginary) scenario, both of them will get you to the same information to make your decision. [But you don’t know that yet].

Will has the industry experience, credibility and expertise. So does Joe.

Will charges by the hour; Joe, with a fixed price.

Here’s Will’s reply to you when you present them your situation:

Let me look into it, do some research. It might take around 5 weeks.
I’m estimating 60 hours at $80 per hour.
​
​Approx total: $ 4800

Joe’s response (with the experience, credibility, knowledge of similar situations, expertise):

That (specific problem to solve that I already have solved with similar businesses)?
I can tell you right away. The price for it is $ 8000. And you can make your decision right now.
​
Total: $ 8000

Again, the reply from both of them will be the same, YET you can choose only one.

Which one would you take?

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