5 Questions To Ask If You’re Not Where You Want to Be

The late great Charlie Munger probably best known for being Warren Buffett’s right-hand man and the architect of Berkshire Hathaway had a great quote in the 1990s. 

Munger said, “The first $100,000 is a b****, but you gotta do it.”

It’s funny how crass the statement is but it acknowledges the seasons in business.

Most of us would rather leap straight into summer without dealing with winter's hardships.

No one achieves the million-dollar milestones without first enduring the struggle.

Munger constantly emphasized the ability to distinguish good work from bad.

Initially, this involves sacrificing energy, money, and time because you can’t differentiate between the two.

Over time, honing this skill allows you to be more efficient. You’re faster at saying no to bad deals, clients, and opportunities. 

Your accumulation of data points allows you to “magically” pick your opportunities where others can’t see them.

It’s not magic it’s just good old-fashioned grit, time, and effort.

It's natural to feel frustrated by a lack of results, but it's crucial to recognize the stage your business is in.

If you're mastering a new skill, like building an audience without social media, expect some challenges.

Attempting to shortcut this process only extends the journey.

Do the thing in your business that is hard until it isn’t.

Here are ‘5 Questions To Ask If You’re Not Where You Want to Be’

1. What’s the thing I’m avoiding that I know I should be doing?

2. What’s my procrastination getting me? Am I getting to avoid making a decision, taking responsibility, or being judged?

3. Hypothetically, if this adversity was working in my favor, how would it benefit me?

4. Imagine if you released the expectation that this new skill had to produce immediate results and instead looked at this as a 6-month journey, how would you approach learning this skill?

5. What’s one small action you could do today to get movement in your new direction?

There’s no such thing as quick wins if you want a business that lasts.

Either you pay your dues or you pay the price.

Do the work. You are capable of doing hard things.

Cheers,