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Ep.102 The Hundred Million Dollar Startup: Ankur Nagpal On The Key To Growing & Selling Your Business
Working Hard, Hardly Working
Build Trust Through Consistent Investor Updates
Consistently updating investors through a regular communication channel, such as a monthly or weekly update list, is crucial for building trust and credibility. By committing to a reliable schedule, like sending updates on the first of every month, individuals can demonstrate their execution capabilities. This practice not only keeps investors informed but also lays the groundwork for successful future fundraising efforts. Investors who are already receiving updates are more likely to participate in subsequent funding rounds, as it reinforces the entrepreneur's reliability and transparency.
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