Member-only story
“I knew it! I knew it! I knew it!” I screamed to myself as I walked to my car. I had just gotten the snot beaten out of me by the partners at one of my investors, “Donald Ventures.”
I had been asked to present and update the partnership by “Raul,” the partner leading the deal for DV. The meeting was a precursor to DV continuing to invest in my company. And now, as I walked back to my car, I felt Raul had just given me horrible advice.
Several days before the partner presentation, Raul suggested that I emphasize a new, low cost pricing strategy we had for a new product family, instead of emphasizing our strategic advantage in performance and power consumption. Raul’s thought process didn’t feel right to me, but I decided to follow his advice despite my misgivings.
You own every bad decision regardless of who gave you the advice.
And now, here I was in the parking lot of DV, screaming at myself for being an idiot for following Raul’s advice. I should have told him I disagreed. I should fought him and done what I thought was right. Instead, like an idiot, I said nothing, and now I was paying the price.
The reality was it wasn’t Raul’s fault I was in this predicament, it was my fault and mine alone.
