Self Analysis – What’s Blocking Your Success?

by Theo McLanahan

As a business owner, you are both the boss and the employee. Some people can thrive in this type of situation and achieve more than they could in a traditional work environment. For other people, this situation can spell disaster. That is why it is important to analyze yourself several times a year to make sure you are staying on track.

Are you focusing on your business? This one thing can make a huge difference to your success. When you’re working at home, it’s pretty easy to lose focus with all the other things calling for your attention. But it’s okay to let the laundry sit for a few hours while you’re working. The laundry isn’t going to pay any bills, but your business sure can.

It’s not only important to focus on your business, it’s also important to focus *in* your business. It’s easy to get sidetracked from one task by some new idea or offer. Spreading yourself out over too many projects means none of them are going to get done effectively. It’s all about focus.

How productive are you? At the end of the day, do you ever feel like you worked all day and didn’t accomplish a thing? Look at the tasks you’re actually working on and how important they are to the success of your business. Surfing the web (even if you’re reading sites related to what you’re doing), chatting in forums and reading blogs are not productive – schedule time for these either after your important tasks are done, or for a set period of time at the end of the day.

If your day is being chewed up by answering email, updating your websites or doing research for your next product, you might want to consider outsourcing those things to a virtual assistant. This can free up your time to work on the most important things that only you can do.

Are you reaching the goals you’ve set for yourself? If you’re constantly missing deadlines and not reaching goals, you might want to look at them and see if they’re really realistic. Create an action plan for yourself and follow it.

Here’s a question that might be hard to consider – would you hire yourself? Why not write out a job description for what you do and “interview” yourself to see if you’re really the type of worker you would hire.

If you answered “no” to the above question, take some time to write out the areas within yourself that you would like to improve. This can be a hard exercise to complete, but once you have analyzed yourself, you’ll be on your way to becoming a better business owner and having a better business.

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