Think you’re onto something BIG, and surprised you’re receiving so many NO’s from investors?
It can really make you second guess yourself, and shake your confidence…
… but it shouldn’t!
Receiving a LOT of NO’s is natural.
You may be tempted to listen to the feedback after receiving some NO’s and think you just need to launch your product, change your business model, or grow your customer base, and then you’ll be more attractive to investors.
The reason you receive for the NO and the feedback you get may not be aligned.
Because at the end of the day, investors are human. They don’t want to hurt the feeling of a first time founder, and don’t want to seem rude in case they want to invest later.
Yes they just might invest later.
So how can you tell what is really going on?
Well that’s what we’re going to debunk in today’s episode of Build! To help us out I’ve invited Ooshma Garg who is the CEO and Founder of Gobble, and Danielle Morrill who is the CEO and Founder of Mattermark. They’ve both recently become investment partners at XFactor Ventures, an investment firm that’s focused on investing in female founders and mixed-gender teams.
We’re going to help get comfortable with receiving NOs and deciphering what they really mean.
In next week’s final episode on this topic, we’ll cover what it’s going to take to get a yes and that first check from an investor!
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