Step 1 is always cry a little, get that out of the system...then move on and don't dwell on it.
Couple options for step 2:
1. Flylow has amazing customer service in my experience. Email them anyways, even if you don't think it'll be covered under warranty. They may have you send it in for evaluation, and may fix it for free...or at least can give you recommendations on how to go about fixing it.
2.
Tenacious Tape - I use this all the time...it's amazing for fixing rips and tears. Go clear if they don't have your jacket color.
3.
NO So Patches - Find one that you like, patch the hole and own it. I have the donkey holding dynamite on one of my jackets