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September 29, 2012 10:00 pm GMT
Editors note:DerekAndersenis the founder ofStartup Grind, a 30-city event series hosted in 15-countries that educates, inspires, and connects entrepreneurs.Hes ex-Electronic Arts as well as the founder of Commonred.A few years ago I asked a successful entrepreneur for advice on what I should do with my latest product idea. His reply was simple. Trust your gut. What does your gut tell you? I confidently replied,That this is a $100MM business." To which he added, Then go for it.So thats exactly what we did. We went for it and a year later we didnt have a $100MM business or even a $10MM business. We didnt even have a.ok Ill stop there. But how did I get it so wrong? Is my gut untrustable? Was I wrong to follow it?Or was my stomach just acting up after a recent trip overseas?I recently sat down with Charles River VenturesPartnerGeorge Zacharywho has had his fair share of big successes.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2qFmCmfGQQo/
Should You Trust Your Gut? The Answer Is Yes.
Editors note:DerekAndersenis the founder ofStartup Grind, a 30-city event series hosted in 15-countries that educates, inspires, and connects entrepreneurs.Hes ex-Electronic Arts as well as the founder of Commonred.A few years ago I asked a successful entrepreneur for advice on what I should do with my latest product idea. His reply was simple. Trust your gut. What does your gut tell you? I confidently replied,That this is a $100MM business." To which he added, Then go for it.So thats exactly what we did. We went for it and a year later we didnt have a $100MM business or even a $10MM business. We didnt even have a.ok Ill stop there. But how did I get it so wrong? Is my gut untrustable? Was I wrong to follow it?Or was my stomach just acting up after a recent trip overseas?I recently sat down with Charles River VenturesPartnerGeorge Zacharywho has had his fair share of big successes.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2qFmCmfGQQo/
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