One of my investors argued with me that I’d end up with 100% of nothing if I passed on a deal. And I know the argument well.
Tenacity, persistence–yes. But openness and trust make a huge difference too. The 100% of Nothing argument is a good one, but don’t ever let someone influence your choices using the fear of losing everything.
Nothing in the world can take the place of Persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan ‘Press On’ has solved and always will solve the problems of the human race.
You can lose everything and bounce back–that’s why entrepreneurs are so admired. We lose everything, we fight back, we win against the odds, and then some of us lose it again, just to rediscover that tenacity and fight back to win another day. So don’t give up, and don’t give in to the fears.