Entrepreneurs dont heed to advice

February 17, 2007 · Posted in Entrepreneurship 

Mike Arrington highlights some of traits of entrepreneurs (this was a synopsis of his speech during the Internet conference in DC captured by Jason Goldberg - CEO of Jobster):

I know enough about business to know it’s very dangerous to speculate about the future and to give anyone advice over whether to start a company. So, this is my honest opinion but also somewhat tongue in cheek as some of the best etrepreneurs don’t listen to anyone’s advice except their heart early on.

Mike elaborates on this topic in a post on Crunchnotes:

The best entrepreneurs don’t ask for my advice, and tend to ignore it when I give it anyway. If they listened to everyone with an opinion, they would have stayed at their old job and never left the security of a steady salary, health benefits and stock options. Entrepreneurs are crazy, almost by definition. They attach utility to risk, which doesn’t make any sense.

Amazing, just amazing pearls of wisdom. Personally for me, I liked this part the best:

If they listened to everyone with an opinion, they would have stayed at their old job and never left the security of a steady salary, health benefits and stock options.

Couldnt have put it any better.


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One Response to “Entrepreneurs dont heed to advice”

  1. Entrepreneurship #1 - When is the right time to plunge into entrepreneurship ? « Startup Dunia - Indian startups and Entrepreneurship on March 21st, 2007 9:14 pm

    [...] I have already posted this one, by Mike Arrington, earlier: The best entrepreneurs don’t ask for my advice, and tend to ignore it when I give it anyway. If they listened to everyone with an opinion, they would have stayed at their old job and never left the security of a steady salary, health benefits and stock options. Entrepreneurs are crazy, almost by definition. They attach utility to risk, which doesn’t make any sense. [...]