If a business plan/venture is turned down the first time, the entrepreneur should
A)feel defeated.
B)revise, rework, and improve the plan.
C)take it personally.
D)change careers.

Question

Quizplus · Accepted Answer

Revising, reworking, and improving the plan is a constructive approach to dealing with rejection, allowing the entrepreneur to address any weaknesses or concerns that were identified, thereby increasing the chances of future success.

If a Business Plan/venture Is Turned Down the First Time