Originally posted 12/4/2014, updated 12/8/2021

As the end of 2021 approaches a little introspection is in order.

As a business owner, some of your fundamental roles include:

  • coaching
  • planning
  • setting goals
  • interviewing and hiring
  • training
  • creating
  • managing

How are you doing so far this year regarding your time in these areas?  Ask yourself a few questions:

  • have you invested adequate, quality time planning the future of your business?
  • have you invested adequate time coaching and developing your team (or having it done)?
  • are you on target for all your management and self-improvement goals?
  • have you been able to manage your attitudes consistently regardless of what was happening around you?
  • did you see change as your partner and embrace it…or has it become your adversary?
  • Will you be leaving any unfinished business behind as you move into next year?
  • have you been communicating your goals, strategies, plans, and objectives clearly to your team?
  • have you handled all your team member’s challenges successfully, and in a compassionate and timely manner?
  • have you set clear goals for the rest of the year, for next year, for three to five years in the future?
  • are you in touch with the realities within your organization and your marketplace?
  • if you could, would you reverse or change any of the significant decisions you made during the 2021?
  • if you could begin this year over again, what is one thing you would do differently?
  • Is your business prepared to be sold even if you are not currently planning to sell, should an offer be presented to you?

A critical skill necessary for success as an owner is the ability to honestly evaluate your:

  • personal development progress
  • attitudes
  • skills

Work on expanding this list.  Set a target of 50 more questions that will help you get a better handle on your organization and yourself.

You might think this is a little over the top, however engaging in self-reflection will position you ahead of your competitors to make 2022 and beyond a successful year.

And that’s worth thinking about…And Acting Upon

Need assistance answering any of these questions? Book an appointment for a Zoom or call here: https://calendly.com/michaelbreitman/15min

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About the author,

Certified, Award Winning Executive, Leadership and Business Coach - My mission is to assist as many business executives and owners as possible to leverage their talents and experience for the purpose of maximizing the value they bring to their markets, teams, families, and communities.