Startup Funding Espresso -- You'll Hear "No" a Lot

Published: May 14, 2020, 9:05 p.m.

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In raising funding you will hear \u201cno\u201d from investors a lot.\xa0\xa0 When I say a lot, I mean it\u2019s more than most entrepreneurs think. I know one entrepreneur who made 50 investor pitches before he received his first \u201cyes\u201d.\xa0\xa0\xa0 For some startups they perceive this as a negative and after a while it can wear them down. Hearing \u201cno\u201d is not necessarily a bad thing. Instead of hearing \u201cno\u201d and thinking \u201cthey don\u2019t like the idea\u201d, consider it as guidance on how to make the business better. When you hear \u201cno\u201d, ask what they would do to improve it. Gain their feedback and guidance on how to position the deal, how to present it, how to run the startup. You\u2019re not bound to use every single suggestion, but you will learn a great deal and your business will certainly be the better for it. You could consider it free consulting. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\u2019s go startup something today.-----For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group