When Should You Trust Your Gut?
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- čas přidán 7. 07. 2024
- When you’re making important decisions as a founder - like what to build, or how it should work - should you spend lots of time gathering input from others or just trust your gut? The answer: it depends. It depends on who you are, what you’re building, and what you know.
In this episode of Dalton + Michael we talk more about this, and how to know when you should spend time validating and when to just commit.
Apply to Y Combinator: yc.link/DandM-apply
Work at a Startup: yc.link/DandM-jobs
Chapters (Powered by bit.ly/chapterme-yc) -
00:00 - Coming Up
00:26 - Situation #1
00:53 - Situation #2
02:45 - Product To Market
04:06 - Trust Your Gut
05:22 - Don't Trust Your Gut
06:03 - Building Expertise
06:49 - Example #1
07:51 - Example #2
08:38 - Expertise Levels
10:35 - Our Advice - Věda a technologie
Chapters (Powered by ChapterMe) -
00:00 - Coming Up
00:16 - Intro: Commit or Validate?
00:26 - Situation #1
00:53 - Situation #2
02:45 - Product To Market
03:07 - Trust Your Gut
04:06 - Trust Your Gut
05:22 - Don't Trust Your Gut
06:03 - Building Expertise
06:49 - Example #1
07:51 - Example #2
08:38 - Expertise Levels
09:37 - Team With No Expertise
10:35 - Our Advice
11:42 - Outro: Why its fun working at YC?
I'm a simple guy. I see Dalton and Michael in the same thumbnail, I click.
Yep, doing the same
I'm a simple man, I hear michael laugh at his own jokes I upvote the video
Literally.
What Michael said at 8:55 touched me so deeply. Having deep expertise in something does sometimes makes me feel alien to the other people in my field; makes me want to trust my gut a little less and listen to others a little more.
Watching this video has been very helpful. Although I do not plan to cut back on the conversations I have with the customers, I will just trust myself more. And ask questions like "Would I have liked this product?" to myself. I am a part of my target audience and if I use my own tool a lot for my work, there will be others like me out there who would love it as much as I do.
"Maybe it's helpful to choose an area that you are excited to learn about, because you have a lot of learning to do"
Great advice this 💯
I thought I was building an MVP two years ago. I was so sure of it. An MVP doesn't take two years to build 😔 I was "trying to impress myself, not the customer"...
I’ve been through this since 2020. But the more you put your heart into it the more refined your thought process becomes. This will make things more efficient.
When I decided to leave my salary job as a mechanical engineer in 2020 and to become a self entrepreneur in IT without knowing precisely in which field I decide to BUILD EXPERTISE. It is one of the more important decision of my life because in this path I've acquired expertise not only in IT, but also in civil engineering where I've build a company and earn a lot of money and had very good experiences. Today I've learned a lot in web3 technology and I'm almost a deFi engineer. I really think sometimes, it's important to trust our gut, it's not going to be easy, with a lot of hardwork, consistency, patience if we've time and a little bit of madness we can accomplish much more than what we think.
Cool. I just got my BSc in Mechanical Engineering and I am working on a MVP that is an application not related to Mechanical Engineering. Lets connect
Short: Depends. Be self aware enough to trust your gut based on your domain knowledge/experience. You're not Steve Jobs. Maximize optimal success probability by learning, listening and working smart, and hard AF.
There were no “work hard AF” 😉
The exact situation you are speaking of here 6:53. I’m living it. Wow!
knowing when to seek feedback and trust your instincts is crucial for founders. One advanced tactic is to use the '5 Whys' method when making decisions; it helps you get to the root of a problem quickly and can be a great way to validate your gut feeling with some logical structure. Plus, always remember to balance feedback with your vision, as too much external input can dilute your original idea.
Why?
Great episode gentlemen! Thank you for sharing!
This is my favorite video yet
Amazing. This is the advice I needed to hear! Trusting my gut has been so difficult but I have no doubt -- just intense pressure.
Thank you for sharing this beautiful video, this solved lots of vision issues regarding launching my new platform. Hoping to represent my scale up ready module soon...
A big thanks again...❤
I keep coming back to pg essays on building something you find painful in your life. Then your gut and at least. your tastes will know for a fact if your product is bs or not
Dalton & Michael be so spot-on - I'm literally afraid to watch the video and get put out of my misery on some those topics. Thank you!
applied to yc hope so things get positive
Helpful, thank you
The founder with expertise is more fearful while the founder without any expertise is confident enough. 8:43
I love your discussions very inspirational , less prescriptive 🎉
This is the motivation I need 😂😂 because I sometimes second guess myself and I know that the problem we’re solving for exists.
There’s a market for it because there are other competitors who are making money but I just have insane self doubt because I feel scoring B2B partnerships with universities is very hard.
Excellent advice.
It makes me wonder about the limits of relying on self-percieved expertise. If a person were to have countless years of experience in an industry, should they "trust their gut" by spending years building a product? While having that industry experience of course means a fairly fitting solution and likely a better appreciation of what's needed to succeed, the transition from employee to founder (especially in terms of marketing and sales) seems a tad more arduous. That is, taking too much time without validation is risky for several reasons despite having experience.
Something else to consider is whether iterating slower is even an advantage for those who don't need feedback/iteration as badly, since the conclusion of the video seems to be that this is a sort of way optimize time spent based on actual expertise. This likely depends on the industry, but even when iteration is expensive it allows for quicker development in general (faster iterations of finetuning models means more learnt from actual results, though the cost of additional finetuning is higher). And as I mentioned before, there seems to be lots of other factors at play besides PMF in order to succeed. If the iteration would only aid PMF rather than other processes anyways, then the downsides of avoiding iteration are mitigated. Additionally, a confident founder could specifically focus on iterating and getting feedback in every area besides the product, which seems like a pretty valuable option.
Don't take this as a validated assertion or anything, just thought that commenting might help me better digest the video. I may have also exaggerated their argument out of proportion in regards to the extremity of action to take based on whether or not you should "trust your gut".
My app is something I want to use and Im sure others will too.
Helpful video
Perfect timing with this one. Just the validation i didn't even know i needed to hear.
Great
Thank you very much it was interesting as always ⭐
I love to see Dalton having social anxiety. Just like me
did dalton just say "Mid" haha
You speak of instincts, interesting
Hey you can created contain in Q.S.R
only SAAS for startup idea is working in these days
0:10 hi😅
4:10 Make something that impresses you is my choice. The product , the philosophy and the value will shine through it.
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Aren't gut bacteria responsible for aging?
There is an objective issue when you know you're building something customers want, but investors don't like it (too hardware, to niche, not AI blabla), so you get in a chicken/egg situation.
First comment 😊
What if a self-taught product designer, who after 6-years of unemployment spent those 6 years crafting and discarding business ideas, business models, design theory, business ops, u name it, and who through some unknown miracle a ai tech company just happens to place an ad on Linked in the very day that this individual decides to look for work in 3 years, and then all of a suden he gets the unbelievable opportunity to become 1 of 10 prompt engineers, and OMG, he was the best and the other 9 get fired and he becomes sr prompt engineer and product QA out of the aether. Would such an individual be dumb enough to not have legally protected the ip from their baby Mussia? Would that sound like someone without a detailed roadmap. Let's say that Y Combinator once slighted said Mussia Baby, with good reason cause it was not this bomb last year, nor would it have become that bomb without skills learnt through hard work over the course of a year. Would they get accepted to YC and disclose any conflict of interests, and also disclose that they protected Mussia and that they would never inject any feature anywhere on Mussia that was a breach of trust to their previous miraculous emplyer? You know what WE mean?
Trust my gut not to trust this discussion bout trusting gut
After watching this video I realize that I have a lot of expertise in trusting my gut and failing, so I’m going to do the entire opposite.
Your assertion suffers from what is called a self-contradictory paradox. You use your instincts to challenge the very idea of relying on them, which creates a contradiction.
It's fun but you have to be careful not to believe our puns. misleading reasoning that seems logical but is not.
Gut is not a method, like that of Cartesian methodical doubt. but rather of a feeling which does not arise from reason.
And what Dalton and Michael wanted to say I think is the following: in the entrepreneurial experience you don't have to be a dogmatic scientist, where to move or change your mind, you have to wait for irrefutable proof of reality and your market.
but rather to feel it and take the risk.
if the entrepreneur thinks that he owes the reality of proof then he must go and do scientific research in a laboratory, because he contradicts himself with his primordial value which is to take the risk without thinking about the proof of their legitimacy and without worrying consequences.
dalton is looking hot with this hairstyle... just gotta say it.
Your .........................
Could you at least improve your your ux by providing very needed Google cloud credits, cause let's face it, Google won the ai race! Anything else is cheap talk