Everyone gets rejected sometimes. Even the most confident and self-assured entrepreneurs get rejected from time to time. When it happens, you can either let it get you down or use it as motivation to work even harder to achieve your goals. Rejection and self-doubt are two of the toughest obstacles a new entrepreneur faces. They can sap your confidence, make you doubt yourself, and make you question your abilities as a founder. How you handle these feelings is what determines whether you’ll be able to bounce back from setbacks or if you’ll give up on your business. Read on for tips on how to stay focused and keep going when you face rejection and self-doubt.
Learn from the Rejection
The first thing to do when you get rejected is to learn from it. When you get rejected, you have two options: let it get you down, or use it as motivation to work even harder.
Let’s take the example of a young entrepreneur who’s just launched their first product. They get rejected from a few retailers, and it hurts their feelings. The fear of getting rejected from other retailers and the feeling of failure creep into their minds, and they start to doubt themselves. The entrepreneur becomes afraid, and they stop taking action.
The other option is to let rejection fuel your motivation to keep going. It may feel like someone has punched you in the stomach, but you still have to breathe. The way to do this is to take a step back and examine what went wrong. What could you have done differently? Once you examine what went wrong, you can start to correct it.
Don’t Dwell on the Rejection
Dwelling on the rejection will only make the situation worse. Take the time to analyze what went wrong, and then correct it. You can’t change the past, but you can control the present.
Next, focus on your future. As difficult as it may be, you have to put the rejection behind you and move on. You don’t want to dwell on the past and let it eat at you. If you let it, it will paralyze you, and you won’t be able to move forward.
Instead of letting the rejection control you, accept that it happened and move on. Be proactive, not reactive. If you want to avoid letting it get you down and keep you from moving forward, don’t let it stop you from doing what needs to be done.
Make a Plan
The best entrepreneurs are always planning for the worst. You never know what could happen. If you’re planning for the worst, you won’t have to wonder what to do if something goes wrong.
Before every business trip, you should spend a few hours making a plan for what you’re going to do when you get there. You can’t control everything, but you can control what you do when things don’t go as planned. If you have a plan for what to do if something goes wrong, you’ll be better off.
Build a Network
Networks are powerful. As an entrepreneur, you have to build and nurture your network, and that includes your connections with other entrepreneurs.
Network with other entrepreneurs, especially those who are also in business to help each other out. You don’t want to reinvent the wheel, and there’s nothing wrong with asking for help when you need it.
Your network can also be your secret weapon. A lot of times, you can’t tell your network how to react. They may not have had experience in the same scenarios you have.
On the other hand, your network can also be a strength. If something happens and you need help, you can reach out to them and ask them to lend a hand. You can also use your network to get advice and solve problems if they occur.
Stay Active and Involve Others
As an entrepreneur, you need to be active and involved in your community. You have to meet people, and you have to go to events. You have to get out of your bubble and connect with other entrepreneurs.
You can also get involved with non-profit organizations that help entrepreneurs and run events. This will expose you to new people, and it will give you an opportunity to speak to other entrepreneurs about your experiences.
The best thing about involving others is that you’ll also get advice. You can also leverage the relationships you’ve built to solve problems.
The best way to overcome rejection and self-doubt as an entrepreneur is to build confidence and self-worth and to surround yourself with supportive people. Your network can provide you with advice, and you can use it to help solve problems.
You can’t let rejection and self-doubt stop you from achieving your goals. They’re two of the most common obstacles a new entrepreneur faces, but they don’t have to be fatal.