GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’ve got the option to read more about oureditorial guidelinesand our products and servicesreview methodology.
Perhaps you are seeking outside investments or are applying for abank loan.
Wherever you are in your journey, its likely that you are opening yourself up to rejection.
Money expertRamit Sethibelieves that hearing the word no is actually a good thing for entrepreneurs.
One big reason for this is that it will make you a more resilient entrepreneur.
It builds your armor, he wrote.
It makes you indestructible.
Sethi said that when he put out his first e-book, many people were not interested.
In the process of doing that, I builtmy emotional armor, he wrote.
I didnt take the no personally.
Instead, I focused on serving those 1,000 people who trusted me with five bucks.
He continued, That openness and perseverance is hands down themost valuable qualityIve cultivated as an entrepreneur.
It makes me a better business owner, because I know no doesnt mean the end.
Its No to this offer, because its not right … yet,' he wrote.
Thats incredibly valuable information!
Instead of letting the no discourage you, look at it as a jumping-off point to get more feedback.
Bill Gates first company, Traf-O-Data, never really made it off the ground.
Steve Jobs was fired from Apple.
Arianna Huffington was rejected by 40 publishers before she found someone willing to publish her second book.
Failure is not the opposite of success, Huffington toldThe Guardian, but a stepping stone to success.
More From GOBankingRates
Share This Article:
