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10 Questions Every Entrepreneur Should Ask

Small business questions to help you move on from "what now?"

6. How can I build a highly capable team?

An oversized ego can become a huge business liability. You know, and I know, that you’re awesome, but consider this: everyone knows something that we do not. In fact, you’ll want to surround yourself with people that are smarter than you in various areas.

Why is this important? Simply put, you can quickly cancel out your weaknesses and focus on what you do best. So, don’t be intimidated by someone else’s genius — embrace it. I can’t stress this enough: don’t hire, or surround yourself with, incapable people to assuage your ego because they’ll drain you of some of your most important resources — money, thoughts and time.

 

7. What training do I need to take my business to the next level?

Entrepreneurs are life-long learners. In fact, many of us are self-proclaimed autodidacts — consistently teaching ourselves new things so that we are better equipped for the road ahead. That being said, spend time and money on the best investment you could ever make — yourself. With the multitude of e-learning platforms like Skillshare, Coursera, Academia.edu and others, the opportunities to acquire knowledge are endless.

 

8. How can I work “on” my business instead of solely working “in” my business?

It’s easy to get caught up in the cyclical nature of daily business activities. But in order to move your business forward, you’ll have to jump off the hamster wheel and start moving forward. Dedicate and schedule time each week to work “on” your business at a strategic level. How can you free up your time to do this? Delegate tasks and empower others.

 

9. How can I regain my business focus?

What I’m about to say is unconventional. Especially in a digital age of, “Just say Yes! Claim ‘Yes’ and you’ll look better, run faster and increase your bank account!”

Here’s the thing that most successful people know. In order to regain control of your business, there will come a time when you need to “Just say no!” Say “No!” to projects, people and things that distract from your purpose. You can only start to say “Yes!” once you’ve mastered the art of “No!”

 

10. Am I surrounding myself with the right type of people?

Are you congregating at virtual water coolers with naysayers? Have you associated with peers that don’t champion your vision? If so, a change of scenery could be the very thing you need to catalyze your life and business in the right direction. Instead, look to associate with people who challenge you to reach your highest potential. Like Henry Ford, “I am looking for a lot of men [and women] who have an infinite capacity to not know what can’t be done.”

 

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