{"id":2600,"date":"2020-04-29T15:34:29","date_gmt":"2020-04-29T20:34:29","guid":{"rendered":"http:\/\/mariusbill.com\/?p=2600"},"modified":"2020-04-29T15:34:29","modified_gmt":"2020-04-29T20:34:29","slug":"business-mastery-for-entrepreneurs-part-2-part-2-how-to-create-a-successful-vision-statement","status":"publish","type":"post","link":"https:\/\/mariusbill.com\/de\/business-mastery-for-entrepreneurs-part-2-part-2-how-to-create-a-successful-vision-statement\/","title":{"rendered":"Business Mastery for Entrepreneurs &#8211; Part 2: How to Create a Successful Vision Statement: A 7-Step Process"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-3098 alignleft\" src=\"http:\/\/mariusbill.com\/wp-content\/uploads\/2019\/09\/Blog-Post-2-Vision-Statement-1.jpeg\" alt=\"\" width=\"497\" height=\"276\" srcset=\"https:\/\/mariusbill.com\/wp-content\/uploads\/2019\/09\/Blog-Post-2-Vision-Statement-1.jpeg 1691w, https:\/\/mariusbill.com\/wp-content\/uploads\/2019\/09\/Blog-Post-2-Vision-Statement-1-300x167.jpeg 300w, https:\/\/mariusbill.com\/wp-content\/uploads\/2019\/09\/Blog-Post-2-Vision-Statement-1-1024x569.jpeg 1024w, https:\/\/mariusbill.com\/wp-content\/uploads\/2019\/09\/Blog-Post-2-Vision-Statement-1-768x427.jpeg 768w, https:\/\/mariusbill.com\/wp-content\/uploads\/2019\/09\/Blog-Post-2-Vision-Statement-1-1536x854.jpeg 1536w\" sizes=\"auto, (max-width: 497px) 100vw, 497px\" \/><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">Some of you may be familiar with Disney&#8217;s vision statement, which is \u201cto be one of the world\u2019s leading producers and providers of entertainment and information,\u201d\u00a0but creating your own business vision statement can be a daunting task.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">However, when you are willing to do the hard work, you will be rewarded with a vision statement that encapsulates the core ideas that give your business its shape and direction and provide a roadmap for your success.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">In <strong>today\u2019s blog post<\/strong>, I will share <strong>how to create a well-written vision statement<\/strong> <strong>in 7 steps<\/strong>, and it\u00b4s benefits.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\"><strong>Overview<\/strong><\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>\u21d2<\/strong> <strong>Why do you need a vision statement?<\/strong><\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>\u21d2<\/strong> <strong>What are the benefits of a vision statement?<\/strong><\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>\u21d2<\/strong> <strong>How to create a well-written vision statement:<\/strong><\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>\u21d2<\/strong> <strong>Part 1: Who is responsible for crafting the vision statement?<\/strong><\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>\u21d2<\/strong> <strong>Part 2: The 7-step process for creating a vision statement<\/strong><\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>\u21d2<\/strong> <strong>Why your vision statement alone isn\u2019t enough<\/strong><\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>\u21d2<\/strong><strong> Summery<\/strong><\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\"><strong>Why do you need a vision statement?<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">You may think that creating a vision statement is a waste of time, and you may be right if you don&#8217;t use it properly. At the end of this post, you will find more information about the proper use of a vision statement so that you gain the full benefits: \u201cWhy your vision statement alone is not enough.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">However, from my own experience (which I shared in my last blog post) I can assure you that the benefits far outweigh the time spent creating a vision statement. I know how easy it is to get bogged down on the day-to-day details of running a business, and a vision statement will help you to stay on track with your goals and be rewarded financially.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\"><strong>What are the benefits of a vision statement?<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>A few tangible financial benefits of utilizing a vision statement are:<\/strong><\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">You will have a strategic plan for your business, which inspires greater employee engagement, higher achievement, and increased productivity.<\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">You will attract outside talent because employees like to work for a company that has clear goals and a long-term vision.<\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">It differentiates your company from the competition and enables you to market your business better so you attract more of your ideal customers.<\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">It helps your company focus on the necessary core competencies to achieve its goals.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\"><strong>How to create a well-written vision statement:<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\"><strong><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\">\u21d2 <\/span>Part 1: Who is responsible for crafting the vision statement?<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">Before you start writing your vision statement, you need to determine who will play a role in creating it. For example, you could develop a vision statement through a series of brainstorming sessions with key stakeholders of your company, create teams to draft alternate versions of the vision statement, and then meet to give each other feedback.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\"><strong><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\">\u21d2 <\/span>Part 2: The 7-step process for creating a vision statement<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">Your vision statement needs to be passionate, inspiring, exciting, motivating and focus on success, as well as align with your business values and goals and be written in the present tense.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">Although I\u2019ve listed a few sample questions here to give you an idea of what you might ask for each step, the entire process of creating a vision statement is usually more in-depth and requires clarity about your mission and core values.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">For more information, download my free <em>Vision &amp; Mission Statement Guide<\/em> on my website. It contains more detailed questions and examples to help guide your process. Although there is a difference between a vision and mission statement, in the end they influence each other.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\"><strong>Step 1: The purpose &amp; imagined future of your business<\/strong><\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">What is the purpose and objective of your business?\u00a0<\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">What does the future of your company look like? Imagine a future in which your business is doing well.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\"><strong>Step 2: Define success<\/strong><\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">What does success look like for your business?<\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">Be clear and define what success is for you.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\"><strong>Step 3: Structure of your company<\/strong><\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">What structure does your company have?<\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">How do you want your company to look?<\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">Is your company local, national or international?<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\"><strong>Step 4: Establish a stable vision within a set timeline<\/strong><\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">When do you want to achieve your vision? What is your timeline? Ideally, the vision statement should project at least five to ten years in the future.<\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">Stabilize your vision by describing a long-term goal that should not be affected by the market or technological changes.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\"><strong>Step 5: Be clear &amp; concise<\/strong><\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">Your\u00a0focus should be on one primary goal, rather than trying to fill the document with a lot of ideas or fluff statements.<\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">Your statement should be simple and easy to memorize, to read, and repeated accurately by your employees.<strong>\u00a0<\/strong><\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\"><strong>Step 6: Inspiring &amp; challenging objectives<\/strong><\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">What are some challenging objectives you would like to achieve in the next 5 to 10 years?<\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">How can you make sure your objectives are inspiring, exciting, motivating and focus on success, as well as align with your business values and goals?<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\"><strong>Step 7: Communicate your vision statement<\/strong><\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">How will your company communicate its vision statement to your customers and employees?<strong>\u00a0<\/strong><\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\"><strong>Why your vision statement alone isn\u2019t enough<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">While an important step, creating a vision statement isn\u2019t sufficient for long-term success. The question is how to use your vision statement and draw value from it.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>For example,\u00a0you could:<\/strong><\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">\u21d2 Use it to inspire your employees so they play an active role in implementing your strategy.<\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">\u21d2 Share it as an internal communications tool to help align and inspire your team, employees, stakeholders to reach your company&#8217;s goals.<\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">\u21d2 Ask for and receive feedback. This helps the buy-in and alignment process.<\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">\u21d2 Break the vision down into manageable action items.<\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">\u21d2 Implement a framework to help track progress in achieving key aspects of your vision.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\"><strong>Summery<\/strong><\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>Key Point #1: <\/strong>You will have a strategic plan for your business.<\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>Key Point #2: <\/strong>It differentiates your company from the competition.<\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>Key Point #3: <\/strong><strong>The 7-steps for creating a vision statement are:<\/strong><\/span>\n<ul>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>Step 1: The purpose &amp; imagined future of your business<\/strong><\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>Step 2: Define success<\/strong><\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>Step 3: Structure of your company<\/strong><\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>Step 4: Establish a stable vision within a set timeline<\/strong><\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>Step 5: Be clear &amp; concise<\/strong><\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>Step 6: Inspiring &amp; challenging objectives<\/strong><\/span><\/li>\n<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\"><strong>Step 7: Communicate your vision statement<\/strong><\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\"><strong>Supporting your vision<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">If you would like support in creating your own vision statement, you can schedule a free initial consultation here: <a style=\"color: #000000;\" href=\"https:\/\/bit.ly\/2CUPJ1x\">https:\/\/bit.ly\/2CUPJ1x<\/a> I look forward to supporting you in your success.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #00ccff;\"><strong>Coming up next month\u2026<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">In my next blog post, I will show you how to write a <strong>mission statement<\/strong> and how that is different from a vision statement.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">Stay tuned!<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif; color: #000000;\">#Vision #Statement #Goals #Change #VisionStatement<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #00ccff;\"><strong><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\">Copyright \u00a9 2019-2021 Next Level Coach. All rights reserved!<\/span><\/strong><\/span><\/p>\n<p style=\"text-align: justify;\">\n","protected":false},"excerpt":{"rendered":"<p>Some of you may be familiar with Disney&#8217;s vision statement, which is \u201cto be one of the world\u2019s leading producers and providers of entertainment and information,\u201d\u00a0but creating your own business vision statement can be a daunting task. However, when you are willing to do the hard work, you will be rewarded with a vision statement [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-2600","post","type-post","status-publish","format-standard","hentry","category-business"],"translation":{"provider":"WPGlobus","version":"3.0.2","language":"de","enabled_languages":["en","de"],"languages":{"en":{"title":true,"content":true,"excerpt":false},"de":{"title":false,"content":false,"excerpt":false}}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/mariusbill.com\/de\/wp-json\/wp\/v2\/posts\/2600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mariusbill.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mariusbill.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mariusbill.com\/de\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mariusbill.com\/de\/wp-json\/wp\/v2\/comments?post=2600"}],"version-history":[{"count":0,"href":"https:\/\/mariusbill.com\/de\/wp-json\/wp\/v2\/posts\/2600\/revisions"}],"wp:attachment":[{"href":"https:\/\/mariusbill.com\/de\/wp-json\/wp\/v2\/media?parent=2600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mariusbill.com\/de\/wp-json\/wp\/v2\/categories?post=2600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mariusbill.com\/de\/wp-json\/wp\/v2\/tags?post=2600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}