We all have one. That potential hire with a stunning resume and agreeable ethos. The one that you just need in your organization. Sometimes, it’s a client — a project or bid that your organization didn’t get. For whatever reason, it just doesn’t work out. Such is business.

Whether they’re a potential hire or client, the one that got away can be more than just a faded photograph on your dresser. If you treat these situations right, they can provide valuable opportunities to introspect your organization, build strong business relationships, and, perhaps, establish a successful partnership the next time around.

Pour a drink as we reminisce about the ones that got away from us and reflect on what we learned from each of these experiences.