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30 Things Only Entrepreneurs Would Understand

30 Things Only Entrepreneurs Would Understand

Sometimes you just want to be understood. That’s why entrepreneurs often hang out with other entrepreneurs – those who know their struggles and joys. If you work for yourself, or if you are in the process of building a business, see how many of these points you can relate to. If you know an entrepreneur, here’s a tiny peek into their brain.

30. You try to stay organized… but there is a lot of stuff

Paperwork, invoices, employee documents, to-do lists, project plans, meeting summaries… You have an ongoing goal to get more organized, but at some point you wonder whether it’s even possible with this much stuff.

29. You don’t mean to micro-manage, but…

Sure, you may love and trust your employees. You were probably even the person who hired them. But how can you really be sure they will perform a task properly (i.e. how you would do it)? You can’t help but micro-manage sometimes, just to ensure everything goes smooth.

28. The thought of a cubicle and a boss sends shivers down your spine

9 to 5 is no problem, as long as it’s on your terms. Having little control over what you do and how you do it has never appealed to you. You prefer to do work that matters to you.

27. You get bummed out when things flop

Being an entrepreneur has plenty of perks, but when an idea totally fails, you can’t help but feel defeated. After all, you put your authentic self into everything you do in your business.

26. You have a never-ending reserve of motivation

Even if things go wrong, even if there are setbacks, even if you make a mistake – you always keep going. Because if you don’t pull your business through, who else will?

25. You have to deliberately ensure emails don’t cut into your sleep time

It’s not hard to spend your entire day staring into the inbox abyss. There are the imaginary emails you totally forgot to send, the ones you forgot to read, the ones you are avoiding, the ones that are promising, and the ones that you have to re-read 10 times to understand. It never ends.

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24. You are used to people inaccurately judging your daily life

“You run a successful business with several employees? You must spend most of your time in a hammock, ordering your employees around via email!” Nope.

23. One of your top goals is to roll out of bed each day and do whatever the hell you want

Everyone dreams of this lifestyle, but you are actually willing to go for it. Not only this, but you actually believe it’s possible, unlike many people. You know from experience that persistence and hard work pay off.

22. You groan at the thought of content marketing

Unless you actually run a business that offers content marketing services, you usually groan at the thought of having to update your blog, website, or social media accounts. Hopefully by now you’ve hired someone who knows what they’re doing in this area.

21. You got 99 problems and differentiation is one

You’re always concerned about the impression your business is making… or not making. The internet is saturated with businesses trying to make their mark. There are undoubtedly a few people in your industry that offer the same things you do. Thus you know that your success is determined by how you can differentiate and let your individuality shine through to customers.

20. You’re perpetually looking for ways to “expand your business”

…whatever that means

19. You smile through your teeth at difficult customers, then vent about it later

Your friends and family might be concerned at the level of rage in your voice, but once you get it off your chest, you’re good.

18. You love when people ask, “So what do you do?”

Perfect bragging opportunity.

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17. You do a happy dance for every new client or customer…

Even if it’s just mentally.

16. You know that pre-launch anticipation all too well

It’s like a balled up mixture of pure excitement and terror. Awesome, right? There are a billion questions you have to ask yourself, and even more things to consider – like pricing, marketing, budgeting, designing,..

15. Your desk or bookshelf is filled with how-to books for entrepreneurs

There are just so many good ones… you have to read them all.

14. You can spot a problematic person a mile away

Whether it’s a potential partner, client, supplier, or anyone else, you can identify those red flags that hint at a person’s unreliability.

13. You’re used to hearing people tell you what they can’t do

If you’ve attained even a slight level of success in business, people probably ask you, “How did you do it?! I could never do that.” However you know better, because that’s how you felt when you first started down the entrepreneurial path. In this way, you may see potential in others even when they don’t see it in themselves.

13. You take charge when you see someone misconstruing your vision

Entrepreneurs are like parents – except their baby is the business. When an employee or anyone else jumps in with some not-so-positive ideas or actions, you don’t hesitate to (politely) shut them down.

12. You don’t let your flaws hold you back

Some people think of entrepreneurs as invincible. However, you know your own weak spots. They exist, but they don’t keep you from thriving and adapting in your business.

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11. You have a healthy stack of business cards from people you intend to collaborate with

Gather a few entrepreneurs together in a room and you’ve got ideas flowing in no time. Execution is a different story. If you could only find the time…

10. You are always waiting for an opportunity to mention your business

“We’re going to a rave? Should I bring my business cards?”

9. You don’t believe in the status quo

You are the boss of your own life. Why follow someone else’s path when you know there are other options? After all, you can’t possibly succeed when you are working to achieve someone else’s goals.

8. You are caught in a vicious coffee-nap cycle

Coffee, nap, coffee, nap, coffee, accidental nap…

7. Your business worries often leak into your personal life

You know you should stop thinking about it, but you tend to get caught up in little worries on your days off.

6. Time management is the bane of your existence

Family, friends, business meetings, social media, raising funds, product development, clients – is there any of your time that’s not booked to take care of all of these tasks? Hopefully you’ve learned to make time for yourself, or at least leave some blocks open now and then. When you allow for more free time, you automatically do less managing.

5. The other bane? Taxes

A snippet of your dreams around tax season: I owe money. I know I owe money. But the scariest part is how much? How much will I owe this year? How much? How much? (Then you wake up screaming and call your accountant at 4:00 a.m.)

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4. You get way too many offers for things you don’t want

Why do people think that because you run a business, you want to buy their crappy products and services? You’ll spend money when it makes sense, but not on spam offers. You listed your email as myname [at] business dot com on your website. How are the spammers still getting to you?!

3. You do whatever it takes

You’ve probably talked about starting businesses with several friends or acquaintances, yet when the time came to work through the challenges, you were the only one left standing. More than anything else, this is what qualifies you for entrepreneurship.

2. You want to utilize your talents for good

Your business isn’t just a route to financial stability; it’s the way you connect with people and contribute your talents to the community.

1. You have a strong desire to put something valuable out in the world

What better feeling than knowing your individual ideas and efforts have impacted the lives of hundreds or thousands of people? Or that you started from scratch, carefully working your way to a profitable platform you can be proud of? For an entrepreneur, there’s no better feeling.

Did we forget anything? What are some other things only entrepreneurs would understand?

Featured photo credit: pixabay 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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