It’s hard to deal with rejection. In fact, it’s one of the biggest fears in life. It’s often why we don’t take chances. We don’t want to be told that our ideas or what we stand behind are not considered valuable. So, you took the plunge, and started your own business. You’re making sales, you’re feeling good. Then someone tells you that they’re not interested. This could come from investors or from potential clients. It’s a hard hit to the ego. It can throw you for a loop, and prevent you from moving forward.
You probably poured your heart and soul into getting investors or making a deal. It hurt. It can throw you off, and it can make you angry or sad. You might feel like there is no hope. Many of us will naturally lose our confidence in this situation. However, it’s important to note that the show must go on. A rejection allows you to learn a lesson though. Instead of looking at what you don’t have, look at what this situation must teach you.
If you look at the great business leaders of our time, they have all experienced rejection. Tony Robbins was rejected over and over when he was trying to develop his business ideas. When this happened, he would go into his cave and see what he wasn’t doing right or how he’d misrepresented himself. When you’re rejected by investors over and over, you’ll see the mistakes you’re making. Maybe your business plan just isn’t cohesive, or your approach isn’t working. You can make the changes and learn from it. It allows you to eventually build a successful pitch. A rejection doesn’t mean that you should give up if you believe in what you’re doing.
Here are four ways to cope with rejection and become better for it:
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