Day 5 - Business

Mini Course - The Entrepreneurs Hierarchy of Needs

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Transcription:

Welcome to the Entrepreneurial Hierarchy of Needs section on business. We finally made it, the reason you're here. Now it's time to do the assessment on the business section of your life.

Starting a business is easy. Becoming profitable and managing all the tasks associated with that business is where things get pretty complex. Even after you've made it past the startup phase, you're now presented with a whole new set of challenges. Now, this isn't meant to scare you. It's meant to illustrate that running a business is a major responsibility.

Luckily, the questions in this assessment are designed to give you an over the shoulder look at your business so you can see what your needs are now and identify what your needs will be in the near future. Speaking from experience, I feel that outside of proper funding and planning, a lack of objectivity when building and growing a business is a guaranteed way to lose all the money and time that you've invested into your dreams.

We sometimes find that our minds are swimming with questions, and we can't even find the time to actually come up for air to answer them. When going through this assessment, use the time provided to take one question at a time. The deeper you explore each question, the better you will be prepared to manage your current and upcoming challenges in your business.