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Balancing confidence with humility is important from "summary" of The Art of Startup Fundraising by Alejandro Cremades
Confidence is a crucial trait for any entrepreneur looking to raise funds for their startup. You need to have a strong belief in your business idea and your ability to make it a success. Investors want to see that you have confidence in yourself and your venture, as this can help instill trust in them that you will be able to deliver on your promises. However, confidence alone is not enough. It's also important to balance that confidence with humility. Being humble means recognizing that you don't have all the answers and being open to feedback and learning from others. It's about being willing to admit when you don't know something and being open to new ideas and perspectives. When pitching to investors, it's important to strike the right balance between confidence and humility. You want to come across as confident in your business and your ability to execute on your vision, but you also want to show that you are open to feedback and willing to learn and grow. Investors are more likely to trust and invest in someone who is confident yet humble, as this can indicate that you are coachable and willing to listen to others.- But it's essential for building strong relationships with investors and setting yourself up for success in fundraising. By demonstrating both confidence and humility in your interactions with investors, you can show that you are a strong and capable leader who is also willing to learn and adapt as needed. This can help you build trust and credibility with investors, ultimately increasing your chances of securing the funding you need to grow your startup.
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