99% of Investor Pitches End in Failure. Here’s How to Make Sure You’re Part of the 1% That Succeed.
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“No.”
This one little word can be the most excruciating thing to hear for entrepreneurs desperately seeking funding for their dream venture. Unfortunately, most entrepreneurs will hear “no” often. According to a study published in Harvard Business Review, only 1% of meetings with potential investors turn into a partnership.
While it was challenging to hear investors decline my pitches as an entrepreneur, I find it just as difficult to turn down budding startups now that I’m on the other end of the spectrum.