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Comment: "I have learned that my opinion has a multiplier attached (like -.5 perhaps)"

This comment by Chris was on "People tend to like their own opinion more than your opinion" - a bit of an older post, and a nice comment, I thought it was worth making sure everyone saw it -

Hey Sebastian, nice post and nice blog! I'm a new reader this week... As it happens, I am a single founder as well but already have some investors / experienced startup guys on board. And every time we have a difference of opinion, the scenario you describe plays out anew! I have learned that my opinion has a multiplier attached (like -.5 perhaps), and the multiplier is significantly smaller then theirs. :) Over the last couple of years I've really struggled with the line between listening to their advice and taking it even when I think there's a better way. One big example stands out where they thought I should do A, I thought we should do B, and I had tons of research to support my ideas. We did B, and when the dust settled I was completely wrong. In the end we learned from it and failing is where you practice succeeding, so I don't hold it against myself. You have to take risks and put yourself on the line. But the lesson reduced my stubbornness by a lot and these days I try harder to understand the voice of experience, and really question my ideas before I get attached to them.

Good stuff here.

Evolution of a Startup: Lessons Learned

On DROdio

I was recently approached by a friend in the venture capital industry who asked me to write about my experience as an entrepreneur and transplant to Silicon Valley.  Here's the resulting transcript of our discussion.  I'm publishing it in the hopes that it helps other entrepreneurs, as well as those who haven't yet taken the leap but want to.

Can you tell me about the fundraising cycles your company has gone through?

We began in Washington D.C. in 2008 in a townhouse on Capitol Hill. It was a terrible time to fundraise due to the financial crisis, so we self-funded a mobile consulting firm called PointAbout which built mobile apps for large brands, including Disney, The Washington Post, The Huffington Post, Newsweek, Cars.com and many others.  That firm quickly grew to over 30 employees (and a much nicer space in DC -- although still a townhouse!)

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