Do you really need a vision for your business? You don’t NEED anything, it’s YOUR business! But here is what a VISION can do for you.
- You don’t “create” a vision for yourself
Hopefully, you already envision where you want to take your business. And if you don’t have one, ask yourself why you are doing it? Why would you risk your employees careers? Why would you risk your investor’s money? Why would you risk to waste the time of your customers? Why would you jeopardise all the people’s time and money you will deal with?
But given you have your vision, here is what it can do for you: - Have a vision to attract co-founders
If you have a very interesting case or cause you may attract people joining you on your journey that you would never ever be able to hire otherwise. You will need top notch people to create an amazing business – any business. You only can get those if you have a powerful and very meaningful vision. - Have a vision for your customers
Customers get asked to buy a gazillion products every day. Why should they buy yours? There is always a cheaper product around the corner. If not today tomorrow somebody gets up and makes it even less expensive than anybody else in the world. But your amazing idea and long term view of the impact of what you and your exceptional team is doing, will help your customers also tomorrow, next year and the years to come. Customers buy either the cheapest or the most compelling product or service. And if it is your vision to make sure you will be always the cheapest – well than that is your vision. - Have a vision to attract top talents
As a startup you usually have a very tough time to attract these amazingly smart top talents who seem to walk on water, get things done while others still wonder what the best way would be or try to consult others how to even start. You want talents that are almost impossible to employ by anybody. You look for people, where everybody is afraid of to even train them because they would be hired away in no time. But if you have an impressive vision and show a way to get there, you find the very people you even need to get there. And you find people who know it’s them to shape the organization, it’s them who makes it happen. You may ask: Why don’t they do it on their own? Because what you bring to the party is an amazing VISION that makes them tick. Of course, they will ask to get a piece of the cake – and that is totally ok. - Have a vision for your market
People in your industry or market should know about you and your amazing business. You will never have enough money to advertise. But your amazing vision will be carried around by media and other people. Let them know how you change the world for the better by doing what you do. - Have a vision to attract investors
If you have no vision where this business can grow to, why should anybody invest? Why should people risk their hard earned money, no matter how much they have, to put it i your business and not in some of the other 1 million startups around the world? Your vision gives the indication of the opportunity down the road. - Have a vision to attract anybody who matters to you
There are millions of businesses out there. All competing for a tiny slice of the market. Most struggle to keep their business alive – because why them and not somebody else. Do not use the buzz words of the day – don’t even TRY to be attractive. You ARE attractive when you explain what matters most yo you and why you believe what you are doing is important to many others – more important than what is out there today.
You can only lead a market if you can actually ‘envision’ where you want to lead it to. And a very personal super positive ‘side effect’: You even have a MUCH more fulfilling life if you know what it is that you really really really care about and make it happen — no matter what, and no matter how impossible it may appear. In the end it makes the difference between LIVING or just EXISTING.
@AxelS