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Editor's Note: A Defining MomentBad things happen. Emerge from these times as a better version of yourself.

ByAmy Cosper

Opinions expressed by Entrepreneur contributors are their own.

Nothing can prepare you for the moment you have nothing, especially if you had everything before. Maybe, even, everything you ever dreamed of.

Maybe you made millions and lost it all in a day. Maybe you were the CEO of a Fortune 500 company and got canned after a poor earnings report. Maybe your company just can't eke out its financials, and it's time to shut 'er down. Or, maybe your line of credit got shuttered, rendering growth impossible. These are defining moments in business. For every moment of glorious IPO bliss, there are indelible tales of loss.

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