I am in that happy place - 20% into the first draft of a new book, which in this case translates to about thirteen thousand words - telling a tale to myself, finding out who inhabits it already and who else is to be met along the way. This is just as well, because of the ten agents to whom I have sent The Tall Story of Tiberius Small, seven have said no, albeit one was a near miss. I have three left in the mix, before I have to start thinking about buying a monochrome laser printer and sending out submissions on paper to the diminishing number of agents who still accept such things. An inkjet just won't cut it as far as printing text is concerned. I look forward to the time when all agents accept electronic submissions only.
Writing is the only remedy for rejection. Self-publishing doesn't quite do the trick. It is an aspirin; not quite as good as meditation as a way of clearing the head. And that's what writing is, when it is going well: a meditative state. It's only when the self-editing begins, that stresses come into play as you wrestle with the nuts and bolts of the construction that is creaking and wobbling and tilting in front of you.
So life is good. The story, the discovery of it and the writing remains the thing.