I frequently hear investment thesis that go as deep as “they’re smart, they’ll figure it out” to founders providing such powerful entrepreneurial insights as this little jewel from a recent WSJ piece:
You pivot as many times as you can, as fast as you can, until you run out of money
I’ll throw out that this may be a symptom of our culture’s persistent obsession with intelligence. Believing in pivots, perhaps, is to believe that we’re still playing the same old game, wherein IQ drives success.
It is worth pointing out that success in a field driven by product, not technology, relies on EQ as much as IQ.
- Reblogged from brycedotvc