Simon needs to relax and trust his talent more. In business, you need to make decisions every day and I believe those who have the ability to work most quickly will win. Pontificating can lead to missed opportunities. It's a competitive market and often there simply isn't the time to sit and mull things over.
Running a business can sometimes be lonely, so join a good networking group and openly chat to others - you'll soon realise that everyone worries about similar matters. It's how you deal with it, with the best of your abilities that counts. The more experience you get, the more you will trust your gut instinct and the easier you will find it to relax.
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What is her product? It's too easy to give advice when you have TV exposure behind you that you can use to your advantage - any publicity is good publicity!!
Time for the real business men and women to stand up and advise - not celebrity wannabe's who just churn out the 'shelf help' from a book.
You'd have to find out from Claire specifically what she means about "...no time to mull things over" but my take on it is that there is an assumption that first-in gains the competitive advantage therefore delaying entry (in to a market for example)could be detrimental. However, this is not always the case and indeed taking more time to consider your company's positioning may allow for 'second-mover advantage'. Just my thoughts anyhow.
A calculated risk, is different from "just trusting your gut"
Whats wrong with procrastinating ? I wish I had procrastinated a bit more on a couple of decisions I have made..
"It's a competitive market and often there simply isn't the time to sit and mull things over." Hmmm, not sure I agree with this either, what does it even mean?
Do people still believe in first-mover advantage?
Bootstrap Bob - there are different types of risk and we are all different in how we feel about it. Go with what feels 'right' for you. If that means taking a 'calculated' risk as opposed to a 'dive in' one then so be it, nothing wrong with that, equally valid, and the good thing is you're taking action rather than procrastinating !
Well actually, thats his headline, but if you read his Blog, you will also see that he advocates research and iterative improvement. Therefore the overall risk is reduced.
"Most Successful Entrepreneurs" arent most of us. Not all of us have the blinding insight or tech background that in any way relates to this guy.
Simply saying "take a big risk" may be headline grabbing but its empty of any real insight or advice that might help a budding business owner.
http://tinyurl.com/38uyd26
Really? Is that good advice?