Questions Every Entrepreneur Should Ask!
By: Kalpana Sharma
Tags: Entrepreneur, Strategy, Questions, Success In Business, Successful Entrepreneurs

Questions Every Entrepreneur Should Ask!

Do you know ONE quality you need, to become a Successful Entrepreneur? Do you know ONE important skill we had as a child, could be so useful as an Entrepreneur? Kalpana Sharma Dec 11, 2020·8 min read

Yes, I am talking about our skill to Ask Questions. As kids we learn so much, so fast because we keep learning by continue to Ask Questions.

A little kid, is never hesitant to ask anything.

”Momma, what is that?” “Daddy, what is that?” He never gets tired of asking these questions and that is actually the Key why they learn so fast and grow so fast.

But, as we grow up, somewhere along the way, we loose this skill of Asking Questions

They say:

”He Who Asks Is A Fool For 5 minutes But He Who Doesn’t Ask Is Fool forever”

When you get started in any business, you don’t know how any business works in the beginning, unless you grew up in a business environment, right?

So, then how do you grow your business?

My response may sound very trivial to you but you really do grow it by learning and then implementing what you learn.

Now, you may say - “How do I figure out what to learn?”

Great Question!

Well, you really do learn just like you learn in anything in life.

Yes, by Asking Questions!

Asking Questions to yourself and then Asking Questions from people like what do they do? What is in their mind? What do they want? etc. etc.

Actually did you know that Quality Questions Create Quality Life?

If you look at any Successful people, you will find that they Ask Better Questions and as a result they get Better Answers.

Research has found that if you ask following questions to yourself, there is a higher chance for you to become a Successful Entrepreneur:

1. Personal Growth Question : Am I investing in myself?

“Business Will Grow To The Level Of Your Self-Image”

So, how do you see yourself?

Do you see yourself hitting the goal you want to hit in the business?

Do you see you are worthy of that goal?

If you have any doubt about hitting your goal, investing in yourself, in your Personal Growth is your answer. So, ask yourself, since I finished my formal education, what am I doing to grow myself ?

Because if you don’t grow, your business is not likely to grow either because you will keep doing what you have always done, and you will keep getting what you have always gotten.

Remember this famous quote:

”If you keep doing what you are doing, you will keep getting what you have been getting”

2. Motive Question: Am I genuinely interested in others?

In other words, what is your motive for doing the business? I know we all want to make money, but at some point, we have to ask ourselves and figure out whether we just want to make money or we have a heart for people. Because, if you don’t have a heart for people, it will come through and people wouldn’t want to do business with you and your business won’t grow.

3. Passion Question: Am I doing what I love and do I love what I do?

I know we all have those things even in our business, which we don’t love- asking for sale, doing follow ups, handling objections, taking care of receipts and taxes. That list could be long. But, at some point you have to figure out what is that which you do love about what you do. Because, if you don’t love your business, you won’t be able to do it for long. It will become another job for you, which you hate.

4. Relationship question: Am I really investing my time with the right people?

For any business and business owner, it is very important that we know who are the right people for us, who are our target audience. Once you figure that out, then you have to pay attention that you are investing time in just those people, to create the kind of big impact, you want to make.

So, ask yourself - “Am I finding the right people?

And even before you find right people, you have to become that right person yourself so someone can invest time in you.

Asking this question and having a clear answer to this question will help you work like a horse who wins prizes rather than working like a donkey.

5. Effectiveness Question: Am I staying in my strength zone?

We all have some strengths. So, when we start out in our business, we have to figure out what is the best way you can utilize that strength so your path to success is not that long.

Because the strengths you have, you have either worked really hard already to develop them or somehow they are your natural talent so you don’t have to spend time learning those skills/talent now, since you already have them.

And once we have leveraged our strengths, we can now focus on developing some other strengths, required in the business.

And that’s the way to be effective in what you are doing.

6. Mission Question: Am I taking others to a higher level?

There is no better exercise for your heart than to bend down and lift someone up

So, what’s your mission?

Do you have some people following you?

At some point you have to understand that this journey is not just about you.

It is NOT about just you, me and mine.

This journey is about Giving Your Hand To People.

And bigger the business you want, bigger the number of people, you should be willing to help and impact.

7. Success Question: Am I taking care of today?

We all know that any business takes time to develop and that time could vary from few months to few years.

And during that time, you may just be busy working and hustling for a long time.

But, at some point you have to show results.

At some point you have to show your cards.

You cannot say I am working, working, working…….

You have to show some results of that work.

And, for that, you have to become real with yourself and form some efficient Daily Success Habits and Daily agenda.

8. Strategy question: Am I taking time to think? Or I am just running?

You have to think about where you want to be in 5–10–20 years from now.

Lot of times what we do is :

We Overestimate What We Can Accomplish In A Year and Underestimate What We Can Accomplish In 5 years, 10 years, 20 years

Business is a beast that has a chance to grow exponentially. But, you have to think NOW what you want it to look like in 10, 20, 30 years from now.

And for that, you have to arrange action oriented Strategy meetings with yourself and/or with your accountability partner(s) where you can discuss what are your next steps today to achieve success in years to come.

You have to take time to think about where am I going to be in the next 2–5 and x numbers years. You have to take time to think where you would like your family to be in next 2,3,5 years

9. Legacy Question: Am I developing other leaders?

You have to ask yourself :

”Am I developing leaders around me who can carry on my mission and my vision without me? “

“Am I letting people know what my mission is? “

“Do I have people who are buying in on my mission?”

“Do my kids and my family know what my mission is and am I involving them in that mission?”

“Am I hiring/recruiting people who are stronger than me so they can carry out my mission or am I hiring/recruiting people who are weaker than me?”

Remember :

Weaker people have weaker dreams, Stronger people have stronger dreams.

If your mission is big and strong, then you need to have strong people to carry out that vision, that mission. And if you don’t have them you have to find them and develop them.

So, to summarize, we just discussed one important quality an Entrepreneur can have which separates him from other. And that is the ability to Ask Questions.

And an Entrepreneur needs to be able to ask 9 different questions on a regular basis, in order to grow in his/her entrepreneurial journey.

And the questions are:

1. Personal Growth Question: Am I investing in myself?

2. Motive Question: Am I genuinely interested in others?

3. Passion Question: Am I doing what I love and do I love what I do?

4. Relationship Question: Am I really investing my time with the right people?

5. Effectiveness Question: Am I staying in my strength zone?

6. Mission Question: Am I taking others to a higher level?

7. Success Question: Am I taking care of today?

8. Strategy Question: Am I taking time to think? Or I am just running?

9. Legacy Question: Am I developing other leaders?

If you found value in this article, please drop in the comments, which question(s) you have never asked yourself. And let me know if you are struggling with anything.

Thank You,

Kalpana Sharma

Founder and Leader

Email: Kalpana@theunstoppablehub.com

YouTube: Business Trainings Lounge