Comments on: Bright spots in the gloom, predictions and planning http://www.theequitykicker.com/2008/01/11/bright-spots-in-the-gloom-predictions-and-planning/ Nic Brisbourne's view from London on venture capital and exploiting change in technology and media Thu, 09 Sep 2010 17:20:00 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: thom singer http://www.theequitykicker.com/2008/01/11/bright-spots-in-the-gloom-predictions-and-planning/comment-page-1/#comment-1340 thom singer Fri, 11 Jan 2008 12:58:48 +0000 http://www.theequitykicker.com/2008/01/11/bright-spots-in-the-gloom-predictions-and-planning/#comment-1340 If this was easy, everyone would do it. The problem for entrepreneurs and VC's is that you cannot predict all the variables, thus you have to be willing to take risks to get rewards. Nobody ever made a boat load of money just sitting there (unless there was a dead parent and inheritance involved). Predictions and models are a great tool to help you make some of the tough decisions that pop up along the path. But if you live by these spreadsheets you will die by them. The successes I have seen have come from a combo of predicting and a dash of gut feeling with a sprinkling of luck. Have a great day. If this was easy, everyone would do it. The problem for entrepreneurs and VC’s is that you cannot predict all the variables, thus you have to be willing to take risks to get rewards. Nobody ever made a boat load of money just sitting there (unless there was a dead parent and inheritance involved).

Predictions and models are a great tool to help you make some of the tough decisions that pop up along the path. But if you live by these spreadsheets you will die by them. The successes I have seen have come from a combo of predicting and a dash of gut feeling with a sprinkling of luck.

Have a great day.

]]> By: Philip Wilkinson http://www.theequitykicker.com/2008/01/11/bright-spots-in-the-gloom-predictions-and-planning/comment-page-1/#comment-1339 Philip Wilkinson Fri, 11 Jan 2008 10:22:30 +0000 http://www.theequitykicker.com/2008/01/11/bright-spots-in-the-gloom-predictions-and-planning/#comment-1339 btw Nic: I can never submit comments on your blog in safari as the word spam filter throws a wobbly. btw Nic: I can never submit comments on your blog in safari as the word spam filter throws a wobbly.

]]> By: Philip Wilkinson http://www.theequitykicker.com/2008/01/11/bright-spots-in-the-gloom-predictions-and-planning/comment-page-1/#comment-1338 Philip Wilkinson Fri, 11 Jan 2008 10:20:57 +0000 http://www.theequitykicker.com/2008/01/11/bright-spots-in-the-gloom-predictions-and-planning/#comment-1338 It's interesting all this prediction stuff Nic - completely agree with things being considered carefully. In fact, I have never seen any downward analyst predictions in my short working career - but maybe that's because I gravitate to high growth markets :-) Like with any share - they'll go up and down and no one can really guess it correctly - but believing in the fundamentals and going for it - that's the way to do it (as Punch would say). It’s interesting all this prediction stuff Nic – completely agree with things being considered carefully. In fact, I have never seen any downward analyst predictions in my short working career – but maybe that’s because I gravitate to high growth markets :-)

Like with any share – they’ll go up and down and no one can really guess it correctly – but believing in the fundamentals and going for it – that’s the way to do it (as Punch would say).

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