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Market analysis··3 min read

On Rejection and Perseverance at the NHL Draft

Robert Knakal reflects on the human reaction to rejection, inspired by an event at the annual NHL Draft, and draws parallels to the real estate industry.

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On Rejection and Perseverance at the NHL Draft. Illustrative image generated using artificial intelligence (AI). The image does not depict a real property, person or event and is not a documentary photograph. Labelled in accordance with Article 50(4) of the EU AI Act.

This year's NHL Draft in Buffalo provided Robert Knakal, his wife Cynthia and daughter Sophie, a member of the NHL's Youth Advisory Board, with an impressive experience. The opportunity to meet the young talents on the red carpet, who have dedicated their lives to the dream of ice hockey, was a highlight. Every single 'pick' understandably triggered strong emotional reactions from the players and their families, who were waiting for their name to be called.

While the first round on Friday evening lasted almost four hours, and Saturday from 11 am until about 5 pm encompassed rounds two to seven, the spectator rows gradually thinned out. The Knakal family had already retired to their hotel, but Sophie stayed with her friends until the very last selection. A photograph sent by Sophie of a young man sitting alone in the almost empty arena, patiently waiting for his call, deeply impressed Knakal.

Consequences of Rejection

By the end of the Draft, 224 players had been selected; the young man in the photo was not among them. Knakal wondered how this setback would affect his life. Whether he would end his ice hockey career and pursue a different path, or whether it would motivate him to train even harder and improve. The reaction to rejection, Knakal noted, reveals more about a person's character than the rejection itself.

This observation reminded Knakal of the 'Steinmetz Credo': Life does not remove the rock just because you had a disappointing day. The crucial question is always whether you keep hitting the rock. Sports history offers numerous examples of athletes who built remarkable careers despite initial rejection or low draft selection. Tom Brady, for instance, was only picked as the 199th selection in the 2000 NFL Draft, Martin St. Louis was not drafted at all, but later became the league MVP and a Stanley Cup winner.

  • Henrik Zetterberg: only 210th pick, became a Stanley Cup winner and Playoff MVP.
  • Pavel Datsyuk: selected in the sixth round, considered one of the most talented players.
  • Artemi Panarin: undrafted, developed into an elite NHL offensive player.
  • Mike Piazza: 62nd round, 1,390th overall, became one of the greatest catchers in baseball.

These athletes were not influenced by the opinions of others; the Draft was not their destiny, but merely a snapshot. Robert Knakal emphasises that rejection is often misunderstood. It is not a judgment, but feedback. This also applies in the business world: a lost client, a missed promotion, a deal that fell through. A 'no' does not mean 'never', but simply that the next chapter has not yet been written.

Everyone will experience moments when their name is not called. The question is not whether these moments will occur, but how one reacts to them. These moments do not define us; our reaction to them does. Knakal expressed hope that the young man from the Draft is now back on the ice, training harder and refusing to let a disappointing weekend define the rest of his life. For often, the most important chapter of a story begins precisely when the world says 'no' – in that moment, character is revealed, dreams are either abandoned or strengthened.

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