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10 Reasons to Start Your Dream Business Today

10 Reasons to Start Your Dream Business Today

Starting that dream business always seems to feel like a task for “later.” You know, when you’ll have a ton of time, more money and greater skill to back it, and perhaps a better network through which to market it … and on and on. The truth is, there is no better day than today to get started on your dreams, because the more time passes, the more daunting it will become. With that in mind, here are 10 reasons to go for it rather than watching the years pass as you wait for the “perfect time.”

1. The Market Has Officially Rebounded

Folks like to throw the phrase “bad economy” around like candy at a parade, but luckily, the economy is no longer considered “bad” by experts. For entrepreneurs, this means a green light for getting started on those dreams. While consumers are still somewhat tight-fisted, if you showcase your unique goods or services with charm and individuality, you’ll likely do well.

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2. Your Dream Won’t Get Easier to Accomplish

Have you ever noticed that when you put off a chore, it seems to grow in proportion? Even something as simple as cleaning the bathroom or calling your grandmother can become more and more burdensome the longer you put it off. This tendency is especially dangerous with big, scary, overwhelming prospects like starting a business, where you’ll have to do much more than find the Clorox or dial Grammy. Start now, before your dream becomes a nightmare.

3. Waiting Builds Doubt

On a related note, waiting gives you time to second-guess yourself. Slowly but surely, you’ll build up enough reasons that you can’t that overcoming them will take a Herculean feat … and on top of day jobs, commutes, chores and kids, who has time for that? Begin now, and smash your doubts from the outset by showing yourself that hey, look, you can do it.

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4. You Learn As You Go

A common misconception about starting your business is that you must know everything before you can do anything. This is pernicious and false. No one builds a company overnight, and no one knew what they were doing from the very beginning. Instead, learn enough to avoid most failures (avoiding all of them is impossible) and produce enough to show off what you’re capable of. The rest will come with time.

5. Finding a Mentor Is Easier With Something to Show

Experts and old hats love to take newbies under their wings, but only with proof that those ingenues are willing to work. With that in mind, you’re far better off launching your business and then looking for people to help you. You can then refer to your portfolio or website with specific questions, for example. This also ensures that you will know exactly what it is you want out of your company, which many people don’t right away. Once you do, you’ll have an easier time finding the perfect guide.

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6. Starting a Blog to Bring in Business Takes Time

One of the best ways to build your business is starting a blog. Blogs, when well-written, are a fantastic tool to show what you can do and bring in traffic. But you have to be patient, because blogs take time to gain traction. That means starting now is a far better idea than starting later. Even if you’ll supposedly have all your ducks in a row at that point, you’ll miss out on the opportunity to grow in the meantime.

7. Online Businesses Are Cheap

Luckily, we no longer live in the brick-and-mortar days. Now anyone can go online and, with a few hundred bucks and a plan, start an e-commerce website and put their offerings out into the world. You no longer have the excuse of waiting to amass capital or get a loan.

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8. You Already Have a Network

It’s tempting to put off your dreams on the assumption that you haven’t built a good network, but guess what? You’ve already got one. Yep. If you have a mama, you have a network. A best friend, a hubby, a coworker … while it might seem that these people don’t “count,” they are actually key players in your network, able to not only cheer-lead your work, but introduce others to it as well. Your network will mature as your business does, so don’t wait.

9. Your Idea Won’t Get More Unique If You Wait

Wanting a truly original idea that no one has ever thought of before is, well, unoriginal. We all want that, but the truth is, most ideas have been had. Get over it. If what you’ve got to offer is good, then you don’t have anything to worry about. And if it is particularly unique, you don’t want to give someone else time to come up with it.

10. You Want To, Right?

This is your dream, isn’t it? If so, there’s no point in waiting to get older, more fearful, less engaged and more embittered. Instead, embrace your passion in its springtime, when you’re still full of enthusiasm and verve. Get all those good ideas out where people can see them. Only then will you gain confidence, get better and really start to live that dream.

Featured photo credit: photographer photography digital camera dslr camera/PublicDomainArchive via pixabay.com

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Last Updated on March 12, 2019

20 Inspiring Vision Statement Examples (2019 Updated)

20 Inspiring Vision Statement Examples (2019 Updated)

There is normally a lengthy list of things you need to consider when starting a business, and if you don’t manage them properly, your excitement can quickly turn into overwhelm. What can support you to stay inspired and on the right track when starting out? You guessed it: this is your vision statement.

What Is a Vision Statement?

A vision statement is like a photograph of your future business, which gives your business shape and direction.

A vision statement provides the direction and describes what the founder wants the organization to achieve in the future; it’s more about the “what” of a business. It is different from a mission statement, which describes the purpose of an organization and more about the “how” of a business.

If you were to take a photo of your future business now, what would it look like? What do you want your business to be recognized for one day?

You need to have a crystal clear vision when you start out, otherwise you can get easily lost in deciding the best way forward. When you are making strategic decisions for your business and even daily operation decisions, your vision statement will give you the inspiration and targeted direction you need.

The Importance of a Vision Statement

Without a vision statement, your business will lack motivation to keep going.

If you don’t aim for anything, you might not hit anything. The more specific and clear you are, the better your chances are at seeing your vision turn into reality.

The importance of a vision statement cannot be overlooked; not only does it provide long term direction and guidance, but it also gives you the inspiration and the necessary energy to keep going when you feel lost.

Always keep your vision statement alive by revisiting it regularly and communicating your vision with other members of the team, to inspire and motivate them as well.

How to Craft an Inspiring Vision Statement

1. Dream big and use clear language

An inspiring vision statement should inform a clear direction and priorities for the organization, while challenging all the team members to grow together. Based on our expert sources’ advice, we’ve got some great tips for you:

  • Imagine how you want the business to be like in five to ten years.
  • Infuse the business’ values in the statement.
  • Make sure that the statement is implying a clear focus for the business.
  • Write your vision statement in the present tense.
  • Use clear and concise language.
  • Ensure the statement is easily understood.

There are many different types of vision statements and there is no wrong or right way to do it. The most important thing is to resonate with it. It will always inspire you and give you a clear targeted direction.

2. Get inspirations from the successful companies.

Having researched on a number of successful companies’ vision statements, I’ve shortlisted 20 good examples for the new startups:

Short vision statements made up of a few words only:

1. Disney

To make people happy.

2. Oxfam

A just world without poverty.

3. Ikea

To create a better every day life for the many people.

Quantitative statements are based on numbers, quantities:

4. Microsoft

Empower every person and every organization on the planet to achieve more.

    5. Nike

    Bring inspiration and innovation to every athlete* in the world. (*If you have a body, you are an athlete.)

      Qualitative statements are based on qualities that you want to have:

      6. Ford

      People working together as a lean, global enterprise to make people’s lives better through automotive and mobility leadership.

      7. Avon

      To be the company that best understands and satisfies the product, service and self-fulfillment needs of women—globally.

      Competitor based statements – this type is becoming less common, but famous examples are:

      8. Honda – in 1970

      We will destroy Yamaha.

      9. Nike – in 1960s

      Crush Adidas.

        10. Philip Morris – in 1950s

        Knock off RJR as the number one tobacco  company in the world.

        Role Model Vision Statements – using another company as an example:

        11. Stanford University – in the past

        To become the Harvard of the West.

        12. Reach for Success – in the past

        To become the next Tony Robbins in self development.

        Internal Transformations vision statements:

        13. Apple

        To produce high-quality, low cost, easy to use products that incorporate high technology for the individual.

        14. Giro Sport Design

        To make sure that riding is the best part of a great life.

        15. Tesla

        To accelerate the world’s transition to sustainable energy.

        16. Sony

        To be a company that inspires and fulfills your curiosity.

        17. Facebook

        To give people the power to share and make the world more open and connected.

          Longer and more detailed vision statement:

          18. Walmart

          To give customers a wide assortment of their favorite products, Every Day Low Prices, guaranteed satisfaction, friendly service, convenient hours (24 hours, 7 days a week) and a great online shopping experience.

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          19. Coca Cola

          To achieve sustainable growth, we have established a vision with clear goals:

          Profit: Maximizing return to share owners while being mindful of our overall responsibilities.

          People: Being a great place to work where people are inspired to be the best they can be.

          Portfolio: Bringing to the world a portfolio of beverage brands that anticipate and satisfy peoples; desires and needs.

          Partners: Nurturing a winning network of partners and building mutual loyalty.

          Planet: Being a responsible global citizen that makes a difference.

            20. Heinz

            Our VISION, quite simply, is to be: “The World’s Premier Food Company, Offering Nutritious, Superior Tasting Foods To People Everywhere.” Being the premier food company does not mean being the biggest but it does mean being the best in terms of consumer value, customer service, employee talent, and consistent and predictable growth.

            The Bottom Line

            Remember, always keep your vision statement up-to-date to direct your company’s actions.

            Remember, once you reach your vision, it needs to be changed. General Motors overtook Ford as #1 automotive company in the world because once Ford’s goal was reached, they never updated it.

            Keep your vision statement alive and visibly in front of you, revisit it and let it help direct your actions and activities. This is the fun part: this is where you get to dream really big and allow your imagination to fly as high as you want.

            Don’t hold back, let your creative juices flow and give yourself permission to explore what is possible for your business.

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            To your success!

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