7 Questions to Ask Yourself When Developing Your Business Mindset

By Rachael Taylor

When you started your business, what were you most excited about? The financial opportunity? The time freedom? The lifestyle it would afford? 

Now that you've been in the thick of it, how are you feeling now? Tired? Stuck? Overwhelmed? Like it's happening too slow?

Are you noticing things like sabotage, procrastination and overwhelm keep lining up to get in your way?  

You may not be where you want to be because your business mindset is not lined up with your vision and is actively working against you to slow you down, keep you stuck and bring your business (and income) to a screeching halt.

Don't be too hard on yourself, as a business owner I've been there! Only when I realized the power my mindset had over what I allowed to be possible in my life and business, was I able to utilize proven tools and exercise to push through the tough barriers that had been keeping me small.

I used to wake up every morning and go to bed every night in a complete and total panic about the progress and future of my business. Most days were filled with long lists of to-do's, but in reality it looked more like a long day of slow, scattered action and it definitely wasn't creating the results I wanted (let alone needed to stay afloat).

The same may be happening for you. What you believe about yourself and the thoughts you have create your responses, actions and ultimately the outcome of your business (good or bad).

I was setting myself up to fail each and every day because my business mindset was completely misaligned. Sabotage and negative criticism fueled by fears had integrated itself into every aspect of my business and made it impossible for me to get to where I wanted to go.

How do you know if you're experiencing the same thing? Easy, simply answer this question: Do you know what to do, but have trouble actually doing it?

If your answer was yes, then bingo! You're in the right place. 

Knowing strategies and building systems is a key component of your business, but it is only part of the puzzle. The other part is working on your business mindset because it controls your actions. When you take consistent action, stay the course and build resilience when things have gotten tough, you achieve your dreams and lifestyle goals.

Our business mindset contains 3 things:

  1. What we believe to be possible for our business

  2. What we allow ourselves to be, do and have (aka giving permission) in your business

  3. What fears and bad habits we challenge in order to grow our business

In order to begin developing a mindset that will help support and grow our business (instead of get in our way) we can get started by asking ourselves 7 simple questions.

These are questions I ask myself when developing my business mindset that help me identify fears, conquer bad habits and redefine what I allow my business to be (and grow to).

This is a great place to start and come back to, when you are facing new challenges and opportunities in your business. Ask yourself the following questions to develop your business mindset.



#1 Why did I start my business? 

Knowing your why and keeping that in front of you as often as possible will do more for your mindset, motivation and progress than you could ever imagine. It takes your mind off the struggle or disappointment and puts it back on the big picture, your motivation for starting your business in the first place. Connecting with that is powerful and a fast way to pivot your focus back to where it needs to be.


#2 What do I want out of my business?

Again, going back to your why - why are you doing this? Remembering what your business gives you helps center your thoughts on what you're working to have and why it's important to you. We all have a vision for the rewards our customers receive, but we also have one for the benefits that our business provides to us. Being clear on what your business gives you (freedom, finances, etc.) and how that improves your life and the life of your family, will wipe away mental clutter.


#3 What do I believe is possible for my business?

Are some of the things you want within reach or far away? Each of us have a specific dream and a special purpose on this planet, but sometimes our mindset can be misaligned with our vision. Part of why you are experiencing so many setbacks and feeling stuck could be because your mind is not allowing you to have it. If you're not in control of your mindset, your fear is. It takes over like autopilot and will stay in charge unless we take back the wheel. Remember, if you can dream it, you can build it. Accomplishing business visions is not a finite resource that the world will run out of. Also, keep in mind that there are countless strategies, resources, investments, coaches and mentors that can help you get there.


#4 What is currently blocking my business growth?

Being blocked means your fear is in charge - developing a business mindset takes that power back. I encourage you to look into your past and see where there may be negative stories around financial freedom, personal opportunity, accomplishing dreams, confidence in abilities and the life of a business owner. Our mindset is affected by our generational stories and patterns. It could be that you have had an influence in your life that has clouded your beliefs and in turn, your mindset. Once you find these stories, you can look at whether you want them to remain true and start to take the next steps forward in proving it wrong.  


#5 What are 3 practical things I can do to move around that block?

There is a solution for every problem - especially for a business owner! Look at what you have been resisting to do or the problem you've been facing and brainstorm 3 practical ways you can solve it. Your mindset might have been having trouble before because it has been cluttered with fear. Now that you're developing a business mindset, you can look at things differently. To date, you have solved every problem you have encountered so one more is not a big deal - you can do this. Brainstorm those 3 action steps and put them in your calendar to make sure it gets done. After all, if it's not scheduled, it does not exist.


#6 What will (or has been) stopping me from taking that action?

What has fear been putting in your path right now? For many people, simple things like procrastination, over scheduling, doing things out of priority or completely ignoring a problem come up often. Developing a business mindset will help you delete them from your habits and keep you aware when they try to come back into your life.


#7 What needs to be true in order for me to take those steps?

The last and juiciest question, reaffirming the cornerstone of a business mindset: YOU CAN DO THIS. As a business owner, you have to believe in yourself in order to bring your vision to life. Create a simple sentence that positively supports your business growth efforts and encourages you to keep moving forward. It is safe for you to take the necessary action you need to grow your business. It is safe for you to live out your dreams. Only you can give yourself permission to stop waiting and start living the vision you have for your life and business.


Keep these questions in mind whenever you are faced with a challenge that is being fueled by fear. Developing a business mindset only takes consistency and commitment to changing the way you see yourself and your business.

Your mindset makes the rules for how much you allow yourself to accomplish and grow - dethroning fears by identifying blocks and recommitting your focus to your why, will serve your progress well.

If this is something that you’d like help with, learn how we can work together here.

Remember, being an entrepreneur is a big adventure with limitless possibilities and potential but it requires you to grow, be bold and pull on courage to stand up to what’s in your way. Growing to a new level may not be comfortable, but it’s always worth it.

You have this dream for a reason and it’s the perfect time for you to chase it! Enjoy the journey and trust the process.

From one entrepreneur to another…

xo Rachael