So I love this story of Persistence: in 1956, 8 scientists decided they wanted to start their own company. They worked with an investment banker named Author Rock to try to get funding.
Rock went to 41 companies, among them Motorola, General Mills, Chrysler and Westinghouse. He told them they would get the option to buy the new company, and the eight scientists would each get a share. But in those days no company would invest.
Rock was almost ready to give up when he finally found an investor willing to take a chance on a group of scientists. The investor was Sherman Fairchild, owner of Fairchild Camera and Instrument in New York, and an inventor himself. And Fairchild was not averse to risk.
The company they founded was Fairchild Semiconductor and they went on to develop the first commercially successful integrated circuit, or microchip. The company’s product soon became the industry standard. NASA used Fairchild chips in computers for its Apollo space program.
So remember, even if you are told no 41 times, that 42nd time you ask could make all the difference.