Masters of Scale When to seek advice and when to ignore it, w/LearnVest & Inspired Capital’s Alexa von Tobel
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Jan 31, 2023 
Alexa von Tobel, founder of LearnVest and co-founder of Inspired Capital, shares her insights on navigating the world of advice in entrepreneurship. She discusses the importance of discerning which guidance to follow, emphasizing that not all advice is applicable at every stage. Through personal anecdotes, she reflects on the significance of timing when seeking counsel and the role of mentorship. Alexa also highlights the need for financial literacy and the lessons learned from her experiences during the 2008 financial crisis.
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Learning from Everyone
- Alexa von Tobel's father, a behavioral pediatrician, taught her everyone has something to teach you.
- This advice became even more significant after his unexpected death.
Bad Advice at Morgan Stanley
- Alexa von Tobel witnessed the fallout of bad advice at Morgan Stanley's prop desk.
- This experience inspired her to create a platform for sound financial guidance.
Leaving Harvard
- Alexa von Tobel left Harvard Business School to start LearnVest during the 2008 recession.
- Friends advised against it, but she recognized a timely opportunity.