Gut feelings are not infallible. They can sometimes lead to biased or incorrect decisions due to: - Cognitive biases: Entrepreneurs may fall prey to biases such as overconfidence or confirmation bias, leading them to make decisions based on flawed intuition. - Emotional state: Stress, excitement, or fear can cloud judgment, making gut feelings unreliable. - Lack of experience: Inexperienced entrepreneurs might misinterpret their gut feelings due to insufficient knowledge or exposure.