Wrong. Wait, just like querying make sure your work is the best it can be.
Or at least that is what I'm starting to believe. Don't misunderstand me, it's not that I'm against these contests. I'm all for them, and I think they are great, tons of fun to. I love meeting new people during them as well. Especially when the everyone is helping each other out by critiquing them first. And yes, I still feel this way even though I haven't won any. For me though lately I just feel like they are taking up to much of my time and not giving me a chance to hand in my best work, which is what I want to do. So I'm bowing out of contests for a little while. Let me explain.
First: You find the contest, Oh but it doesn't open for another week. Book mark page or jot down note so I don't forget to enter.
Second: You select your work, or work on the pitch, or story, or what ever needs to be handed in for the contest.
Third: Post your entry on your blog so others can critique. Make sure you visit other blogs and critique others work.
Four: Make changes to entry taking into account critique notes from other entries.
Five: Fill out official Contest entry form
Six: Start it all over again.
All this while trying to write, do research on querying and send out queries, and start a new WIP. And don't even talk to me about every day things that I need to get done. Right now it's just to much. I'd love to enter some more contests, but I just don't have the time right now. I wish you all luck, and when things slow down I plan on being back in Contest mode like everyone else.
Work hard and good luck! I'll be cheering you on from the side lines.