7 Questions Every Business Owner Needs to Ask Themselves

Pete Mohr
3 min readJan 9, 2023

As a business owner, it’s essential to regularly reflect on your motivations and goals. Are you enjoying the freedoms that you sought when you started your business? Are you passionate about what you do? If not, it may be time to make some changes. Here are seven questions to help you assess whether your business is meeting your expectations and identify areas for improvement:

  1. Why did I elect to be a business owner instead of work for someone else? This question can help you identify your values and what drives you as an entrepreneur. Maybe you wanted the freedom to make your own decisions, or perhaps you were attracted to the potential for financial gain. Understanding your reasoning can help you stay focused on your goals and avoid becoming disillusioned with the challenges of entrepreneurship.
  2. Why did I believe that being a business owner would give me more freedom? This question can help you clarify what freedoms you were seeking when you decided to start a business. Maybe you wanted more flexibility in your schedule, or the ability to work from anywhere. Understanding what freedoms you hoped to gain can help you assess whether your business is meeting your expectations.
  3. What were the freedoms that I wanted more of? This question is closely related to the previous one, but it can help you be…

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Pete Mohr

Helping business owners transform from operators to owners of their businesses.