Comments on: The real life of an entrepreneur http://www.theprivateequiteer.com/the-real-life-of-an-entrepreneur/ A vignette into the aberrant thoughts of a private equiteer Sat, 28 Aug 2010 13:18:38 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: The Private Equiteer http://www.theprivateequiteer.com/the-real-life-of-an-entrepreneur/comment-page-1/#comment-7093 The Private Equiteer Mon, 11 Jan 2010 06:48:25 +0000 http://www.theprivateequiteer.com/?p=2351#comment-7093 vlade, David... agreed. I think a little honesty and humility and understanding can't hurt in most situations. I also think we all perpetuate the problem by not accepting 'cluelessness'. vlade, David… agreed. I think a little honesty and humility and understanding can't hurt in most situations. I also think we all perpetuate the problem by not accepting 'cluelessness'.

]]> By: The Private Equiteer http://www.theprivateequiteer.com/the-real-life-of-an-entrepreneur/comment-page-1/#comment-4976 The Private Equiteer Tue, 27 Oct 2009 21:07:40 +0000 http://www.theprivateequiteer.com/?p=2351#comment-4976 vlade, David... agreed. I think a little honesty and humility and understanding can't hurt in most situations. I also think we all perpetuate the problem by not accepting 'cluelessness'. vlade, David… agreed. I think a little honesty and humility and understanding can’t hurt in most situations. I also think we all perpetuate the problem by not accepting ‘cluelessness’.

]]> By: David Jung http://www.theprivateequiteer.com/the-real-life-of-an-entrepreneur/comment-page-1/#comment-4968 David Jung Tue, 27 Oct 2009 12:34:12 +0000 http://www.theprivateequiteer.com/?p=2351#comment-4968 "Cluelessness" is a really function of how willing you are to accept how much you may not actually know. How willing you are to accept your limits of understanding is often a function of whether you have failed at anything significant, as well as age. Founders might be frustrated because they come from a different place than most private equiteer investors. No so bad though, Columbus was the ultimate in "cluelessness"...but, after 500 years we still celebrate his cluelessness every day. “Cluelessness” is a really function of how willing you are to accept how much you may not actually know.

How willing you are to accept your limits of understanding is often a function of whether you have failed at anything significant, as well as age.

Founders might be frustrated because they come from a different place than most private equiteer investors.

No so bad though, Columbus was the ultimate in “cluelessness”…but, after 500 years we still celebrate his cluelessness every day.

]]> By: vlade http://www.theprivateequiteer.com/the-real-life-of-an-entrepreneur/comment-page-1/#comment-4966 vlade Tue, 27 Oct 2009 08:35:23 +0000 http://www.theprivateequiteer.com/?p=2351#comment-4966 I think you don't even have to argue that founders are clueless - points 4,5 and six prove it fairly clearly. In fact, I'd argue that most of us are clueless in most things that matter, since at best we saw something fairly similar, but not exactly the same. I think the point there is that being clueless doesn't matter as long as you're at least vaguely aware that you are clueless (which is harder than it sounds). I think Mark Suster's seagulls are those who don't/can't admit they can be clueless (or, at least don't want to look clueless). I think you don’t even have to argue that founders are clueless – points 4,5 and six prove it fairly clearly. In fact, I’d argue that most of us are clueless in most things that matter, since at best we saw something fairly similar, but not exactly the same.

I think the point there is that being clueless doesn’t matter as long as you’re at least vaguely aware that you are clueless (which is harder than it sounds).

I think Mark Suster’s seagulls are those who don’t/can’t admit they can be clueless (or, at least don’t want to look clueless).

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