Comments on: When The Expert Predictions of Failure http://adultaddstrengths.com/2006/03/15/when-the-expert-predictions-of-failure/ A Blog about Adults with Attention Surplus Condition (aka ADHD) by Adult ADHD Coach Pete Quily Fri, 10 Feb 2012 10:15:55 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: John W MacKenzie http://adultaddstrengths.com/2006/03/15/when-the-expert-predictions-of-failure/comment-page-1/#comment-10002 John W MacKenzie Sat, 18 Mar 2006 00:47:58 +0000 http://adultaddstrengths.com/2006/03/14/when-the-expert-predictions-of-failure/#comment-10002 Pete I really liked your article,and I liked the fact that BVP put out their list of the ones that got away. I agree that people shouldn't get discouraged by "expert" rejection. I think the biggest issue I had was your opinion that the VC experts were predicting failure. A VC's job is to predict who has the chance of being the greatest success. Pete

I really liked your article,and I liked the fact that BVP put out their list of the ones that got away. I agree that people shouldn’t get discouraged by “expert” rejection. I think the biggest issue I had was your opinion that the VC experts were predicting failure. A VC’s job is to predict who has the chance of being the greatest success.

]]> By: Pete Quily http://adultaddstrengths.com/2006/03/15/when-the-expert-predictions-of-failure/comment-page-1/#comment-9778 Pete Quily Wed, 15 Mar 2006 20:30:54 +0000 http://adultaddstrengths.com/2006/03/14/when-the-expert-predictions-of-failure/#comment-9778 that's true John, if they don't understand your business opportunity well enough, they shouldn't work with you. I'm post this as an example that experienced people can be wrong in their judgements of your business, and you shouldn't necessarily be too discouraged by having a few "experts" telling you they believe your business won't work. I'm sure in some of these cases they just didn't think they were the right people for the companies. I'm not condemning BVP for putting this out, the fact that BVP had the confidence to put this list out I would view them in a better light than other VC firms that would not do such a thing. that’s true John, if they don’t understand your business opportunity well enough, they shouldn’t work with you. I’m post this as an example that experienced people can be wrong in their judgements of your business, and you shouldn’t necessarily be too discouraged by having a few “experts” telling you they believe your business won’t work. I’m sure in some of these cases they just didn’t think they were the right people for the companies.

I’m not condemning BVP for putting this out, the fact that BVP had the confidence to put this list out I would view them in a better light than other VC firms that would not do such a thing.

]]> By: John MacKenzie http://adultaddstrengths.com/2006/03/15/when-the-expert-predictions-of-failure/comment-page-1/#comment-9741 John MacKenzie Wed, 15 Mar 2006 14:10:50 +0000 http://adultaddstrengths.com/2006/03/14/when-the-expert-predictions-of-failure/#comment-9741 One thing to remember is that when a venture capital company declines to invest in your company they are not saying that you business will fail or will have limited success. Although rejection may feel like failure, it is not the same thing. Rejection is one person or organization's opinion of what you have to offer. Many VC's will pass on an opportunity simply because they do not have someone with the technical expertise to fully understand a specific business opportunity. There are many passions that attract adults with ADD that have a high rejection rate. Off the top of my head I can think of writing, music, and art where many people will tell you that they do not like your work, but if the niche of people that your are trying to reach love it you will be a success. One thing to remember is that when a venture capital company declines to invest in your company they are not saying that you business will fail or will have limited success. Although rejection may feel like failure, it is not the same thing. Rejection is one person or organization’s opinion of what you have to offer. Many VC’s will pass on an opportunity simply because they do not have someone with the technical expertise to fully understand a specific business opportunity.

There are many passions that attract adults with ADD that have a high rejection rate. Off the top of my head I can think of writing, music, and art where many people will tell you that they do not like your work, but if the niche of people that your are trying to reach love it you will be a success.

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