Rejection is everywhere and it is part of life. As long as you take a risk on anything, rejection is inevitable.
In particular, entrepreneurs usually face a massive tonne of rejection almost on a daily basis; whether it is from a potential client who backs down from signing a contract to a vendor or contract who declines to a partnership agreement or an investor who declines to invest in your seemingly “million-dollar” business.
But truth is, rejection hurts, yes, like a kick under the belt. Rejection has the same effect that physical pain has in your body. Rejection can leave pounding sores not just on your self-worth and your ability to press on with the journey.
Nonetheless, every successful entrepreneur we know of has risen above every kind of rejection to be where they are now. Look at Albert Einstein, who was rendered lazy by his elementary teachers because of asking abstract questions in class is famously known for formulating the theory of relativity. Or Walt Disney, who fired by who famously fired from a newspaper for not being creative enough, ended up building up the world’s largest entertainment resort.
Take a present-day startup like Airbnb, the largest online rental marketplace for homestays, apartments or vacation rentals; the worldwide alternative to hotels.
The company founded in 2006 has so far raised more than US$4 billion valuing the company at around US$35 billion. But before this success, the startup faced an equal amount of rejection during its early years of fundraising.
In his 2015 Medium post, Brian Chesky, the co-founder shared images of the rejection emails he received when attempting to raise US$150,000 for a 10% piece of Airbnb. Out of the 7 emails he wrote, 2 of them were responded back to.
Here are the emails:
Rejection Email 1
Rejection Email 2
Rejection Email 3
Rejection Email 4
Rejection Email 5
Probably Brian and the whole team were upset and dejected of the email responses from the potential investors, but looking at where the company is, it is quite evident that they never gave up despite the multiple rejections.
Rejection is not the end of the road, as a matter of fact, let it fuel your desire to achieve your dreams.