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RE: Musing Posts

in #musing-threads6 years ago

Understand the Rejection

Try to understand what is wrong and why you are rejected. Instead of losing your enthusiasm and confidence, it is better to focus on the reasons for your refusal. When you talk to investors, you try to attract their trust by spending some time getting funds. The reason for refusal may not be in you and your business, it could be that investors just look for something different. This is why you need ...

Ask questions and analyze the answers

As an entrepreneur you are likely to have mastered your communication skills and network, so you may feel comfortable asking questions and seeking feedback. In an open conversation, ask why you were rejected and pay attention to the criticism you will get. You will be surprised by the reason. Sometimes they don't have much to do with the whole idea, implementation or other aspects of your business. Collect all information and analysis carefully.

Take notes

Write down all the conclusions you have reached. List what you have learned from this rejection and make another list by avoiding the same mistakes. Make changes in your approach, but don't blame your company's main ideas and vision.

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