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Being persistent is essential in fundraising from "summary" of The Art of Startup Fundraising by Alejandro Cremades
Fundraising for a startup is not a one-time event. It is a continuous process that requires dedication, effort, and most importantly, persistence. Without persistence, it is nearly impossible to secure the necessary funding to grow and scale your business. Entrepreneurs often face numerous rejections and setbacks when trying to raise capital. It is easy to get discouraged and give up after facing rejection after rejection. However, it is those who persist despite the challenges who ultimately succeed in fundraising. Persistence is about staying committed to your goals and not letting obstacles deter you from achieving them. It is about learning from failures, adapting your approach, and trying again until you reach your objective. This quality is essential in fundraising because it demonstrates your determination and passion for your business. Investors want to see that you are willing to put in the effort and go the extra mile to make your startup successful. By being persistent in your fundraising efforts, you show investors that you are serious about your business and are willing to do whatever it takes to make it thrive. In the world of fundraising, rejection is inevitable. It is how you respond to rejection that sets you apart. Instead of giving up, use rejection as an opportunity to learn and improve your pitch. Take feedback from investors seriously and make the necessary adjustments to increase your chances of success. By being persistent in your fundraising efforts, you not only increase your chances of securing funding but also build credibility and trust with investors. They will see you as a determined and resilient entrepreneur who is capable of overcoming challenges and achieving success.- Being persistent is essential in fundraising because it demonstrates your commitment, determination, and passion for your business. It is a quality that sets successful entrepreneurs apart from the rest and is crucial in navigating the challenges of raising capital for your startup. So, keep pushing forward, stay focused on your goals, and never give up on your dreams of building a successful business.
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