Updated: Jul 13, 2022
We usually reserve this stuff for our Courage Masterminders, but we're going to share 5 questions you really need to ask yourself if you want your business to be successful.
It's an exercise we take many of our clients through and it's one you should do regularly. One of the reasons why successful entrepreneurs are well...successful...is that they get comfortable with the uncomfortable. They get comfortable with being self-aware and being honest about where they are at. They know this might mean having some honest conversations with themselves, but it also means that if issues arise (especially around things like profit margins or sales needed) they can take measures to counteract and fix the problem before it becomes a gaping wound. We've listed below, 5 of the most important questions you can ask yourself (in order to be successful.) Question No 1 - How much do I really need / want to earn?
This is not a "that much will probably do" question. This is the one where you ask yourself - if nothing could get in my way - what would I want or need to make each month? Think about being successful on your own terms, think about your dreams and give them a deserving number. Question No 2 - How much time do I have?
As in, how much delivery time do I have available to me after I've taken everything else out of the equation? Include EVERYTHING - holidays you need/want to take, time where you know you can't work. Time where you're going to need to work on your business (i.e marketing, finances, networking - and be really honest about the amount of time you SHOULD be working on these things too, don't skimp.) Question No 3 - How many clients / sales do I need to achieve what I want to earn each month?
Take what you want to earn and divide it by the service you sell (it can be one or a mixture of your services and you might need to play about to get the right numbers. Question No 4 - How achievable is this?
This is where the rubber meets the road. Once you've got your numbers written down, it will either be a WAHOOOO moment if you're pricing is on point, or it might be a bit of an 'oh flip' moment if you're not charging enough - but that's OK. You're in the know now and you can do something about it!) Question No 5 - what shizzle might get in my way?
This could be quite literally anything; Outside influences / mindset / inner critic / time / shiny object syndrome / fears / lack of knowledge. This is THE most important question. For example, If you know you're going to self-sabotage all over the shop, what are you going to do about it? How are you going to take back control? Can you do it by yourself, or do you need help? If it's a lack of expertise or a need to outsource or get help in an area, what are you going to do about it?
Whatever it is you need to do, don't let it be the thing that holds you back from achieving success on your own terms.