Wednesday, April 19, 2006

Sage Advice from a VC

A well respected VC contacted me about Hubpages about a month ago. I had met them casually and they were intrigued by Hubpages and wanted to learn more.

I was excited for the opportunity and practiced and tuned my pitch. When we headed into the conference room they had gathered four people. More people than work on Hubpages. I usually attend pitches while Jay and Paul keep progressing on the product. Anyway, I start the pitch. We have one hour to get through ten slides. No problem. Then questions start pouring in from the group. Two of them understand the product and business and are diving in with questions. One is focused on the technology, and the other is trying to ask questions to clarify his understanding. With a one hour schedule, I think to myself, answer each question and don't rush. They know we only have one hour so just be patient and if we don't get through everything, we will have to schedule more time.

We get through four slides. They all understand the product, but we haven't gotten through all the details. I'm a little dissappointed since it's my job to explain the business clearly. I knew I could have done better. Then as we are walking out the the partner says, "Let me tell you one thing." I think, be positive and accept the feedback. See what you can learn from it. He says, "Don't sacrifice your family for your business. I did, and you'll never get the time back." Wow, not what I was expecting at all.

When it comes to balancing work, leisure, and family, I feel lucky in that my occupation is my vocation so I only need to balance work and leisure with family. It can be a little tricky, but at least I get great pictures all the time of my kids. Thanks Robin.

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