”Building a group of friends and trustees that you can turn to for advice is the single best thing you can do as a young professional.
When I ask the advice of others, the first thing that I am aware of is this:
Asking for someone's advice/opinion transfers the risk of the outcome away from you and onto the advisor. So whenever I ask for advice, I make sure that I am okay about transferring this risk. Having set this up, let me now answer your questions:
Importance of domain experience.
Very relevant for technical advice, less relevant for general advice.
For example, I exclusively talk about my athletics with current or former athletes (high domain experience). I need empathy for them to understand what I'm trying to achieve on the athletics track, so only those who have gone and done it themselves are able to truly deliver on that.
On the other hand, I seek general advice from people that I know will ask the right questions for me to solve for myself.
When I'm transferring a large amount of risk in my decision, I do so with people of high domain experience (when asking people to tell me what to do). When I'm transferring a small amount of risk in my decision, I do so with people who know me well and are capable of helping me ask the right questions (general advice).
What outcome do I seek when asking for advice?
Mostly I look for the ways people I trust to make a decision to think about the decision that I am making. But in some cases, like in a coaching relationship, I'm looking for them to make a decision so I don't have to. Take the example of a fitness class. I will pay for a personal trainer to think about my program so I don't have to. Because I trust they will make a better decision than I can (along with added benefits of motivation etc). .
Strength of relationship.
The higher the importance of the decision, the stronger the relationship needs to be. That's why I said what I said at the start: Building a group of friends and trustees that you can turn to for advice is the single best thing you can do as a young professional. Relationships compound and grow over time, and that's why creating a network of people you trust to help you today will mean you have deeper connections to help you in the future.”