A Simple Analogy for Determining Your Company's VisionEntrepreneurs often complicate the idea of a company vision. Here's an easy way to look at the issue and set yours today.

ByPeter Gasca

Opinions expressed by Entrepreneur contributors are their own.

Kevin Chapman | Entrepreneur.com

年代etting a companyvision should be easy. All too often, however, entrepreneurs and managers complicate the process of establishing one for their businesses, mostly out of anxiety for finding the right wording or phrasing or (gasp) setting the wrong one altogether.

Confusion also exists when it comes tomission statements. Some believe vision and mission statements are interchangeable and redundant, instead opting for just one. Others develop epic mission statements, which are never truly understood, much less read, and hence fade into the background like last year's nature wall calendar you refuse to take down.

Related:8 Ways a Vision Statement Adds Value to Any Business

Ultimately, entrepreneurs needs to be comfortable with their own understanding of a vision and mission statement -- but, if you need a little inspiration, consider this simple analogy I like to use.

年代ay you are someone who enjoys sailing. You have a nice sailboat, and you plan to use it for a long, well deserved trip to the Caribbean. More than likely, you have reasons for choosing this particular destination. You picture yourself in a cozy hammock, slung between and shaded by tall, lush palm trees on a beautiful, white sandy beach, surrounded by the crystal clear surf and cloudless blue skies. Perhaps you have a cocktail in your hand and are sharing this ideal setting with someone you care about. You are ridiculously happy.

This idealistic image of yourself on a beach in the future is your vision.

Your business also needs to look into the future and have a well defined goal (or destination) defining where it wants to go. Maybe that goal is to be the largest company in your industry, maybe it's to start a nonprofit arm of the business, or maybe it's simply to make a comfortable living while your young children are still at home. Whatever the reason, if you have not identified that far-off vision of where you want to go, setting and prioritizing actions and resources can get very complicated.

Related:The 3 Steps to Creating a Mission Statement

Now that you have determined the vision for your sailing trip, it's time to determine how you get there. More than just a map and a set of directions, however, a long sailing trip, such as the one you are planning, involves many risks and requires careful consideration. You need to identify and set priorities that will help you stay the course to your vision. For instance:

  • 年代afety:You will not take any unnecessary risks while you are on the trip.
  • Family and friends:You will stay in touch withthose who support you让他们了解你的旅程。
  • Health:You will find ways toexercise,eat properlyand get enoughreston your trip.
  • Fun:You will make time to indulge in activities that are fun and exciting, and you will do your best to maintain a positive attitude.

你做的只是创建了一个任务状态ment for your trip. As you plan your trip and your actions, you will use these priorities to guide decisions. For instance, if there is a strong storm in the forecast, rather than rushing to get to your destination, you will instead take the necessary measures to assure the safety of you and anyone traveling with you.

Again, like the sailing analogy, your company needs a mission statement that identifies its priorities as you strive to reach your company vision. Together, they will guide decisions made by you and your team members and will help determine the allocation of energy and resources. Any action that does not fit into the mission and is not aimed at achieving your vision should be reconsidered.

That's it.

Of course, that is just one travel analogy that could be applied todevelopingorrefocusing your company visionand mission statements. As someone, however, who has abucket-list goalof learning to sail and eventually retiring on a sunny, warm beach and managing a humble taco stand and scuba boat, this is exactly the analogy I regularly look to.

How do you set your company vision? Please share your tips with other entrepreneurs in the comments section below.

Related:Pump Up Your Team by Encouraging Employees to Visualize Their Success

Peter Gasca

Management and Entrepreneur Consultant

Peter Gasca is an author and consultant at Peter Paul Advisors. He also serves as Executive-in-Residence and Director of the Community and Business Engagement Institute at Coastal Carolina University. His book, One Million Frogs', details his early entrepreneurial journey.

Editor's Pick

Related Topics

Business News

年代tarbucks Is Debuting Two New Drinks For the Holiday Season — Here's What's New This Year

The chain will roll out new holiday-themed cups and beverages starting November 2.

Business News

Mariah Carey Is Being Sued Over 'All I Want for Christmas Is You' – Again

年代ongwriter Vince Vance claims Carey stole the Christmas classic.

Business News

Video: 'Ferris Bueller's Day Off,' 'Succession' Actor Crashes Truck Into Pizza Place on Halloween

Alan Ruck was reportedly driving one of four vehicles involved in a pileup crash in Hollywood on Tuesday.

Growing a Business

How I Eliminated the Sales Funnel By Focusing On This One Business Strategy

It's time to rethink your sales model and focus less on sales and more on service.

Devices

Act Fast to Score a Refurbished MacBook Pro for Only $235.97 Now Through November 9

Tackle it all with this refurbished MacBook Pro ahead of Black Friday.

Business Ideas

55 Small Business Ideas to Start in 2023

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2023.