How to define your entrepreneurial vision, and why it’s important
Entrepreneurship is a journey full of twists and turns and you need to define your entrepreneurial vision in order to stay focused on the big picture. It’s not easy when you’re dealing with day-to-day operations and challenges; let alone facing major decisions – whether you’re working with your co-founder to raise funds from venture capitalists or angel investors or trying to bootstrap your business, it’s often even more difficult when you’re doing it alone.
If you want to succeed in the long run, having a clear vision for your life as a startup founder is essential.
It’s important for entrepreneurs to take the time to write out their entrepreneurial vision and create a plan that will guide them through all stages of their business journey.
Your vision statement:
In this blog post, we’ll discuss how you, an aspiring entrepreneur, can craft your own unique vision statement and use it as a roadmap for success. We’ll also explore some tips that will help you make sure you stay true to your mission no matter what obstacles may lie ahead. By the end of this article, you should have all the tools you need to write your own powerful entrepreneurial vision!
Your first step should be to think about your goals and intentions as an entrepreneur. You need to consider what you want to accomplish and why it is important to you. It’s important to note that your personal entrepreneurial vision might be different from your company’s vision and mission. In fact, we recommend creating a separate personal entrepreneurial vision that is only about you, and how you want to experience life as an entrepreneur.
Only then will you be able to know if the company that you are building will be a way for you to achieve the kind of entrepreneurial life that you want to live. After all, if you’re pouring your blood, sweat, and tears into this company, it better be for reasons that are compelling to you.
Once you have identified your purpose, you can begin writing out a vision statement that reflects these objectives.
Your goal should be to create a concise, inspiring statement that will act as the foundation for all of your business decisions moving forward.
In order for your vision statement to be effective, it’s important that you keep it short and specific. You should avoid using too many buzzwords or flowery language. Instead, focus on providing concrete details regarding the direction you want your startup to follow. Additionally, it may help if you write down your personal core values and beliefs. This will help ensure that you stay true to yourself no matter how difficult the journey may become.
Once you’ve written out your vision statement, revisit it periodically so that you can make sure it still reflects your goals as a business owner. Moreover, you will want to share your vision with others in order to get feedback and gain further clarity on what direction is best for you and your business.
By taking the time to write out a comprehensive entrepreneurial vision statement, you will have created a strong foundation for your personal success and the success of your business.
You’ll be able to use your visionary roadmap as a tool for staying focused on the big picture and making decisions based on your core values, regardless of any obstacles you may face. With a clear and inspiring vision, you can be well-prepared to take on the challenges that await you as an entrepreneur.
Business Coaching Intake Questionnaire
I use this Business Coaching Intake Questionnaire with my founder clients, and you can use it too. Note: This does not need to be written perfectly, and it doesn’t need to be 100% complete. Just write what comes to mind.
What are some of the things you’ve learned while running your business?
How do you feel about your business so far?
What made you decide to start this business?
What are 1-3 successes you have achieved so far?
Please share the challenge or problems your business currently faces.
What changes would you like to see in your business within the next six months? (What do you want to change and what do you want to stay the same?)
How do you envision your business in 12 months?
Please list the project that you are currently doing, and those that you plan to start or are considering starting in the next few months.
Does your business have a clear vision and mission statement?
Have you defined your personal core values? If so, what are they?
Have you defined your company’s core values? If so, what are they?
What is your vision of your life as a founder (or general human being) in terms of your 3 to 5-YEAR
Define your Entrepreneurial VISION:
What does your life look like? Where do you live? How does your business support your personal life and vice versa? What are the highlights of your work week? What do your life partner/family/friends/team/clients/employees say about you?
Add anything else that comes to mind to this list to help you put your big dreams into words.
Finally, click here if want more help on your entrepreneurial journey.
At the end of the day, your vision statement should give a clear and concise idea of your entrepreneurial path forward. It should constantly remind you (and your team!) of the ultimate goal so you all have something to guide and keep you in the right direction, especially on the most difficult days.
Download your own visioning worksheet copy here.