Getting rejection from an investor you have worked to connect with is difficult to swallow. Most entrepreneurs or a chief of a startup will be thrown off their balance. Moreover, they can also get filled with anger, sorrow, and also hopelessness. The most important thing is none of those negates the fact that rejections are great experiences to reflect on. Thus, it is important to survive investor rejection.
On the other side, rejection can be a learning curve. After getting passed over by many potential investors many Chief of startups or entrepreneur emerges better than before. Those experiences can help them to reveal mistakes, they do not know existed. In order to get through that rejection, here are four steps that can help the chief of startups to survive investor rejection.
Heal the Inner Self
It is essential to get over the negative feeling. Especially, before the chief of a startup make any important decision, including the business concept. By healing their emotional pain, they will gradually escape the inferiority feeling. This healing process will both encourage and help them to build up their confidence.
Discover The Why and What
In order to come out stronger, a Chief of a startup needs to discover the why and what could have contributed to these multiple rejections. For instance, the investor can feel that their idea is too weak and generic.
After the rejection, Chief of a startups needs to ask the investors why they refused to follow your ideas, in a friendly tone. Serious-minded would-be backers will give you solid feedback.
After they know their mistakes, then they need to do a self-reflection.
Take it as a Learning Experience
Accepting rejection as a learning experience is another way to come out stronger. There should be no amount of ‘no’ that can sway a chief of startups’ dreams. They need to always prepared for that rejection. Furthermore, they need to even try to embrace it. Learning from mistakes can unlock abilities they’ve never imagined.
Re-strategize
Now is the moment to demonstrate what chief of startups learned far from their past rejections. They need to show that they are not scared to try again.
