Editor?s note:�Derek�Andersen�is the founder of�Startup Grind, a 30-city event series hosted in 15-countries that educates, inspires, and connects entrepreneurs.�He?s 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 that?s exactly what we did. We went for it and a year later we didn?t have a $100MM business or even a $10MM business. We didn?t even have a?.ok I?ll 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 Ventures�Partner�George Zachary�who has had his fair share of big successes.
Saturday, September 29, 2012
Should You Trust Your Gut? The Answer Is Yes.
Editor?s note:�Derek�Andersen�is the founder of�Startup Grind, a 30-city event series hosted in 15-countries that educates, inspires, and connects entrepreneurs.�He?s 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 that?s exactly what we did. We went for it and a year later we didn?t have a $100MM business or even a $10MM business. We didn?t even have a?.ok I?ll 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 Ventures�Partner�George Zachary�who has had his fair share of big successes.
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