Imagine relying on the advice of a person or business to be on the ball in informing you what you need to do to run things smoothly or legally. It’s a necessity for many as they pay someone else a lot of money to handle those responsibilities due to not having enough time to manage everything. But recently I saw a situation that is common too where the people you enlist to help you can at times just provide you the wrong information due to some kind of a conflict of intertest. Now there were a lot of accusations as to why they did that as maybe they were trying to hide something. But it got me to think how you pretty much have to have at least working knowledge of your operations versus just blindly relying on others.
For example, even if you never opened up a computer in your life having just the basic understanding of a computer and what general parts are needed to run one can save you so much money if people decide to randomly attempt to sell you stuff you don’t need or making invalid excuses on why something needs to be done a certain way. I think the stereotypical example is bring a car to a shop and because most people have zero knowledge of cars other than how to drive it the mechanic can say and charge anything.
Like there, you don’t have to actually know every technical detail where you can do it yourself. I view it like cooking food or when you go to a restaurant. You may not have the palette and expertise of that chef to prepare the meal like they do. But you know enough generally to determine what’s say good and what’s bad in terms of price and quality. Or we can see if something is uncooked. It can be a lot to ask to know all the basics, but if you are running a business it’s invaluable and may only take some initial time investment like watching a TV just to learn the basics.