Asking The Right Questions And Making Money Feeding Pigeons
Written by Adeposi Okupe on February 5, 2018
Three powerful questions to ask in your business
One of the greatest skills of successful people is asking the right questions.
If you can ask the right questions, you are more likely to get the right answers.
What this means is that no matter how good your intentions are, if you are asking the wrong questions, you will never be able to create the right solutions, build the right team, find the right clients and customers, and even find happiness in your life.
So I woke up this morning with these 3 questions ringing in my heart and I thought to share this to help you.
If you can sort out this 3 questions to the nearest detail, your life will be much easier, and your business will be more effective.
1. What is the goal?
What do you want to achieve? What is the mission of your business?
Go and do the research. Any company you see doing great things today started with a very clear mission statement.
I’m not talking about the type you just slap on your business plan because they said it was necessary you have one.
Your mission statement stays relevant through the life of your business and influences every decision you make.
Guess what Facebook’s mission statement is…
“To make the world more open and connected, and to give people the power to share”.
How simple is that? How clear is that?
Everything Facebook does is in alignment with this single mission statement.
Think about it, Launching Facebook.com, acquiring Instagram and Whatsapp, launghing Internet.org, and their space experiments are all in a bid to do one thing – to make the world open and connected.
What is your goal?
2. What is the plan?
How will you achieve that goal? You need to have a laid-down, logical and measurable blueprint to attaining your desired goal.
What happens first, and then what next?
You may also want to acquire some help in the form of coaches, consultants or even experienced friends or mentors to help you formulate a plan that works.
Beginning with the end in mind, you need to create an action plan and milestone objectives that leads up to the big goal.
Study successful businesses and entrepreneurs in your niche who have done what you want to do or similar, and then model after them.
At the end of the day, your action plan is only your best educated guess as to the path that can lead you to your goals.
You will need to be humble and rational enough to review your progress and make adjustments and even pivot if and when necessary but still in line with your vision.
3. Where is the money?
Cash Flow is the lifeblood of your business, so you need to be constantly asking this question and mapping your journey along this path.
It doesn’t matter if your mission as humanitarian as making sure all pidgeon birds in Africa eat 3 square meals. You still have to ask yourself where the money is.
And sometimes you need to ask the variant of that which is, “Who’s got my money?”
If your mission is to feed pidgeon birds, your money may be in the hands of the government, or international wildlife agencies and foundations, or animal enthusiasts all around the continent.
Asking where the money is allows you to think deeper than the surface of commoditized products, and you can create innovative ways of generating cash flow while staying in the center of your mission.
If your mission is to help teenagers develop entrepreneurial skills before they get into college, your money definitely is not with the teenagers even though they are your target market.
Who’s got your money?
Their schools, churches, and parents.
Where is the money?
The money is in events, courses, bootcamps, materials, games, etc.
The better you are at asking the right questions, the closer you will be to finding the right answers and building a business and life that you love.
It’s a new week.
Make a conscious effort to have these questions at the back of your mind as you go through the week.