When I founded my business about 9 years ago, I fondled my way to making losses, month after month. I did everything my mentor suggested but kept struggling to make ends meet. At one point, I gave up upon concluding that I wasn’t cut to be an entrepreneur. However, my mentor advised me to perform four reality checks about myself and the business.
1. Personal Reality Check.
- What are your beliefs about being a successful entrepreneur?
- What are your prominent thought processes? Are you consistently dwelling on the past and what went wrong, what could go wrong, or you are focused on what could go right?
- What is your relationship with money?
- On a scale of 1 to 10, (1, being “not at all,” and 10, being “absolutely influential”) how influential are you?
- What fears do you have about success?
- Do you feel worthy of progress?
- What’s your idea of success? What will have to happen for you to know that you have succeeded in business?
- What’s your why? Why are you pursuing this business?
- What strengths do you possess that can progress your business? These strengths are both internal and external.
- On a scale of 1 to 10, 1, being “not driven,” and 10, “very driven,” how driven are you?
- Do your daily rituals support your progress?
- What relationships weigh you down and why are you still holding onto them?
- On a scale of 1 to 10, (1, being “not at all,” and 10, being “absolutely determined”) how determined are you in improving your health? Note that a healthy body promotes a healthy mindset, which then promotes positive, and enthused action.
- On a scale of 1 to 10, (1, being “not at all,” and 10, being “absolutely determined”) how determined are you about focusing on what you want without dwelling on the negative?
- On a scale of 1 to 10, (1, being “not at all,” and 10, being “absolutely organized”) how organized are you?
- What opportunities do you have at your exposure that you can explore to progress in your business?
- What can you do to turn your weaknesses into opportunities?
- What do you believe are your threats?
- What risks are you facing by operating your business and how can you avoid, or work with them without letting them affect your business?