Perseverance is characterized as “steadfastness in doing something despite difficulty or delay in achieving success.” Whether you are starting a business, building a brand, or training for your first 5K, the will to push on is integral to success. Without it defeat tastes worse and any ensuing success is diluted.
I recently heard a Kleiner Perkins alumnus compare venture capitalism to baseball as batting .200 as an investor makes one a success. You would have to be more consistent as a baseball player however 100 percent success is not necessary for greatness. Instead one must come to terms with being wrong more often than being right.
Despite presumed failures, an investor must remain calm and see the potential in her next deal without letting the last venture discourage audacity. This is as true for those seeking another billion dollar idea as well as the individual writing a short story. In either case the steady process of putting one metaphorical foot in front of the next will eventually bring you to your goal.