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Internalize Criticism. Then Go Do Something With It! [clip]

Posted on Jul 16, 2010 - 3:03 PM PST

Since Lucinda Holt, CEO of ClickEquations, has made a career of being the CEO who helps founders grow their companies, I asked her what mistakes she’s seen entrepreneurs make. Read and/or listen to her answer here. (Grab the full interview for the full story.)

The clip

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The transcript

One thing I hear from entrepreneurs, which doesn’t work well is, they’ll go into VC meetings, for example, and a VC will give them some feedback on something and they will fight with them. Well, that’s sort of dumb, because the VCs have got their perspective. It’s not your perspective, but why fight with them about it? It’s not going to get you anywhere, and it’s preventing you from hearing.

So, instead, hear what they say. Internalize the criticism. Make your own decision about it once you take it and really understand it, and then do something with it. You may do nothing. The doing may be that you decide they are wrong. But, you can’t push up against other people’s opinions or the market.

You have to be able to look at it dispassionately and then turn it to your benefit.

Continue to the full interview >>

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