The Startup Chat with Steli and Hiten

184: What to Do When Your Mind and Gut Are at Odds with Each Other


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In this episode, Steli and Hiten discuss what it means to trust your intuition and follow those gut feelings. Steli shares a story of how he followed his intuition when it came to a potential hire. Steli wasn’t feeling very great about this particular candidate, decided to act on these feelings, and do his due diligence regarding the candidate. What he found out confirmed the questions he had regarding the candidate and in turn, informed his decision to not hire this particular person. Tune in to find out the importance of knowing and trusting yourself when it comes to those gut feelings.

Time Stamped Show Notes:

00:04 – Steli introduces today’s episode about trusting your intuition

00:59 – Steli explains why he wants to talk about intuition

01:04 – Steli was on a call with someone who applied to work for them

01:33 – The staff said he was skilled and likeable, but there was something off about him
02:01 – Steli talked to him for an hour and the interview was fine, but Steli also felt weird about the guy
02:36 – He felt weird because the guy was likeable, but Steli did not like him and he didn’t not know why
03:01 – Steli’s intuition made him feel like the guy was not authentic
04:02 – Steli asked the guy upfront that he wanted to know who he really is
05:10 – The guy answered that he was with the military and learned how to communicate

05:49 – Steli fought with his intuition

06:15 – The guy said he was working for a company that Steli had connections with

06:48 – Steli called the company’s founder to talk about the guy

07:07 – The founder said he worked as a full time employee and then, suddenly disappeared after 2 months, without any communication
08:01 – After 7 weeks, he sends in his laptop without any explanation

08:35 – They did not hire this man

09:16 – Steli thought that if he did not do his due diligence, he would have hired the guy and not trust his intuition
10:18 – Hiten says Steli listened to his gut and did his due diligence
10:29 – Steli says he got lucky, because he knew the founder of the company where the candidate was previously employed
11:05 – People have different strategies for decision making
11:50 – Hiten says anytime he gets a gut feeling, he follows it and does extra due diligence
12:10 – You need to be very diligent when it comes to hiring someone new
13:14 – Gut feelings about other people are usually bad feelings
14:07 – Intuition is still based on life experience
14:45 – Don’t just override your intuition with logic—keep on investigating because there is a reason why you have a bad feeling to begin with  
15:18 – Either there is something hidden about that person or there is something hidden in you and you should uncover that
16:20 – In business, you have to deal with your gut constantly
17:04 – A lot of times, you have to listen to your gut first
17:20 – Your vision comes from your gut
17:53 – In a startup, all your decisions come from the gut
18:37 – As a startup founder, you are able to move on your intuition and gut feelings
18:51 – Just relying on data blankets you in a false sense of security, telling you that you are not making mistakes
19:59 – The risk of trusting your gut and making a mistake is much lower than not trusting your gut
20:44 – When you are not trusting your gut, it affects the way you communicate
21:17 – The gut is powerful
21:40 – Your gut feel can help make better decisions
22:57 – Hiten shares how he is usually right about other people’s decisions, even if they’re making the wrong ones—based on the data
23:47 – “Other people just need to listen to their gut better”
24:38 – Steli’s therapist friend once told him that the person already knows the solution to ...

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The Startup Chat with Steli and HitenBy Steli Efti & Hiten Shah: Serial Entrepreneurs, Sales & Marketing Experts, Startup Investors & Advisors, CEOs running multi million dollar SaaS Startups

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