From PAGE Awards' Zoe Simmons, in their newsletter to contest entrants:
But if you do not advance to the Quarter-Final Round, please don’t be discouraged or feel that it’s a “death knell” for your script.Screenwriting is a lifelong endeavor, and one contest season does not mean the end of your career or that you “failed” in any sense of the word. It simply means there are improvements that can still be made to your script. Every year some really great scripts come sooooo close to advancing, but miss by just a few points. Every year the results are different.
So, whatever happens in these next few weeks, my advice? Take a Zen approach to your career. It will keep you sane amidst all the ups and downs of this business. Stay firmly focused on developing your scripts and honing your craft.
Here are some suggestions for you to consider:
If you've had your script sitting in an unopened file on your desktop, open it up and read it again as if for the first time, with fresh eyes.
See the story unfold on the movie screen in your mind’s eye. Feel where the story flows and where it doesn’t. Take notes.
Really be honest with yourself –not to beat yourself up, but rather with an eye toward taking your work to the next level and pushing yourself to excel.Because that is what this is all about.
Above all, don’t let negative mind chatter take over. This isn't about telling yourself “I’ll never make it” or “why did I ever think I could do this in the first place?” or stewing about how “awful” everything is.
If, when you review your script, you feel it can be improved upon, you’re in excellent company! Top screenwriters are always rewriting and polishing their work, and they always remain curious and open to being a “student” of the art form.