As you seek startup capital for your business, it's important to be realistic about how long the process will take and to be direct about your needs when meeting with investors, writes David Chait, co-founder and CEO of Travefy. Also, be judicious about which investors you choose to work with. "The best investors are also thought partners who offer advice and make valuable introductions," he notes. "Be confident and discerning in your fundraising ability."

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