Whether your business is old or new, clarity about your vision and goals is critical. Make a bit of time to think about these soon! Don’t just go back to some old statements but look to the future. Your goals, your organization, your industry, and external factors change. What do you want to keep and what will you update?
The three week plan
Think about each question over a full week. Make notes. Then spend an hour alone defining your answers as clearly and concisely as possible. In a partnership? Do this process separately and then get together to discuss afterwards.
Week 1. What is my vision?
Week 2. What is my definition of success?
Week 3. What makes our company unique?
Inspiration and ideas: quotes from successful local business women on growing and strengthening your business ideas.
“Be sure you really love what you’ve chosen to do. Your passion will help you cope with the reality that pretty much every task and project you undertake along your journey will take at least twice as long to complete as you anticipate.” Linda Rivero, Global Action Women
“Get comfortable with ambiguity. Don’t let not knowing stop you.” Julie@ileadstrategies.com
“Ask for help.” Diane Cohen, Coaching2Connect
“Know what you don’t know! So many of us feel we have to be wonder-women that we don’t honestly assess our own weaknesses and plan accordingly.” Joan Porte, CTC, www.joanstravelpartners.com
“Pay careful attention to cash flow. My annual earnings have been great since year one, but it is only now (year 3) that my cash flow isn’t causing me palpitations.” Carlisle J. Levine, Ph.D., BLE Solutions
“Have a solid support network built upon experience and trust. Don’t discount the information given from others but use all information to draw your own conclusion.” Jennifer Rose Oltman
“Competition – keep a record or file on your competition and always know what they are doing and not doing.” Saudra Boulware
“Determine if there’s a demand/need for your service/product and who your target audience is.” Wendy Price www.whpresearch.com
Next time we will talk about the role of your vision and concepts in communicating your culture and goals to employees.