Handling Rejection As A Business Owner – 3 Tips To Help You Manage

Handling rejection is part of everyday life.

And…it happens in business all the time.

A fishermen know that feeling a tug on your line doesn’t mean you’ll catch the fish.

And good entrepreneur or business owner know that losing deals is just part of the process.

So as an entrepreneur or business owner, preparing yourself to move past the inevitable “no”s that you’ll hear in many places throughout your business journey is paramount to your success.

Handling Rejection – My 3 Top Tips

My 3 top tips for handling rejection are:-

1 – Ask Questions

Chances are that when you’ve lost a deal, you’ll want to spend time analyzing the mistakes you might have made.

And learning from your mistakes can be good.

So schedule a time to do this as soon as possible after the conversation.

Retrace your steps, debrief, and see what you can do differently in the future.

2 – Move On

Obsession with your own faults will prevent you from long-term success.

But after that, as a certain Disney princess says “..let it go…”

As a mother, I think I say NO to my kids at least 1000 times a day.

There may be an occasional tear or tantrum – but then they just get on with it. We can learn from our children.

3 – Have A Plan For What’s Next

One great technique you can use is to already have your next launch, sales conversation or idea before you enter a closing conversation.

That way, win or lose, this one sale doesn’t disrupt your whole process, causing you to compromise future opportunities.

Move on.

Losing a sale when your job depends on making sales can be devastating.

To help you regain confidence and get closer to your goal, concentrate on small wins.

New business owners always want to hold out for the big fish, especially if they feel they’ve lost time on a deal that didn’t close.

Focus on some smaller sales in your pipeline, you’ll be surprised how they add up.

You’ll have good months and not-so-good months.

Learn as much as you can from each rejection and are not overly harsh with yourself, this will help you grow professionally and personally.

How do you manage handling rejection?

What are your tips?