https://berkonomics.com/?p=2460&utm_source=rss&utm_medium=rss&utm_campaign=sometimes-your-gut-is-the-best-youve-got Dave Berkus' business insights Thu, 24 Dec 2015 03:06:43 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://berkonomics.com/?p=2460&cpage=1#comment-75908 Thu, 24 Dec 2015 03:06:43 +0000 https://berkonomics.com/?p=2460#comment-75908 Good story, Dave. It’s like the book Blink. You always know if you just trust your initial instincts. As for the story, I was approached by the CEO of that company twice to partner and declined both times. In my case it was a somewhat educated gut because I could see the pitfalls of the concept, but I think in this case it was my unwillingness to compromise my concept for the glitter of the available cash that saved me. That kind of cash would have shortened my market entry, but not without loss of control. Do a story on what it looks like for entrepreneurs to lose control too early. That has been my hardest challenge with such a heavy R&D concept. BTW, I love your blog!

]]> https://berkonomics.com/?p=2460&cpage=1#comment-75847 Tue, 22 Dec 2015 17:03:06 +0000 https://berkonomics.com/?p=2460#comment-75847 Gut AND due diligence. What’s the adage: “Trust… but verify?”

]]> https://berkonomics.com/?p=2460&cpage=1#comment-75846 Tue, 22 Dec 2015 16:47:10 +0000 https://berkonomics.com/?p=2460#comment-75846 Dave – great affirmation that there is value in a guttural response.

]]> https://berkonomics.com/?p=2460&cpage=1#comment-75593 Fri, 18 Dec 2015 15:47:29 +0000 https://berkonomics.com/?p=2460#comment-75593 Good advice, Dave. Always trusted my gut on the big decisions.

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