By now you've probably heard of venture capitalist/business plan guru Guy Kawasaki. He's all over the Internet (and yes, this blog). Kawasaki also found his way back into the mainstream media recently because of his new book, "Reality Check," a compilation of advice, jokes, and other stuff and things for entrepreneurs. As part of the publicity rounds, he recently held an email interview with the New York Times and offered some characteristically good insights into the VC game. Here are a couple of our favorite questions and answers from the interview. Tell us in the comments section—do you agree with Kawasaki?

"New York Times: Other than the obvious, like renewable sources of energy, can you predict some sectors where you expect to see the next wave of entrepreneurial activity?

Kawasaki: I can't. I'm not a visionary à la Steve Jobs. I'm a marketer. Hopefully I can recognize visions that can sell, but I can't predict the next big thing until someone shows it to me."

We say: We've made (gentle) fun of Kawasaki before, but this is refreshing. Finally! A VC admitting that they don't know everything and can't predict the next big thing. We love this interview for that candid admission alone. Ditto this next bit:

"NYT: When someone comes to you with a business idea or a request for advice, what traits or behaviors are immediate tip-offs to you that someone has the entrepreneurial gene, or is lacking it?

Kawasaki. The more I meet with entrepreneurs the less I think I can pick them. Sure, there are stereotypes: bright, aggressive, enthusiastic, young, etc. But there are many successful entrepreneurs that don't come off this way."

We like this useful piece of advice too (mainly because it mirrors what we've been saying for weeks now):

"NYT: What is your advice to entrepreneurs seeking funding or growth opportunities if the credit and capital markets continue on their current course?

Kawasaki: My advice is that they melt wax into their ears and go forward. If they are waiting for wonderful credit and capital markets, they probably aren't entrepreneurs. They're much more likely to be consultants and bankers looking to quickly flip a company."

As well as this funny (true?) observation:

"NYT: You dedicate a few amusing chapters in 'Reality Check' to lies told by entrepreneurs, venture capitalists, lawyers, engineers, business partners and C.E.O.'s. With all this rampant lying, are you suggesting that artful lying and lie-detecting are part of the game that entrepreneurs need to master?

Kawasaki: If an entrepreneur's lips are moving, she's probably lying - though she may not know it (ed note: ouch!). Part of being an entrepreneur is that you have to lie - first of all to yourself. You have to tell yourself that you can create something, people can build it, customers will buy it and you can collect the money.

If you cannot ignore the naysayers who tell you that it can't be done, it shouldn't be done, it isn't necessary, you can't be an entrepreneur. One of the best ways to ignore is to lie and deny."

Thoughts?