Skip to main content

Posts

Showing posts with the label businessgoals

What is a Business Vision? And why is it important ?

"Good business leaders  create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion."  - Jack Welch Many business owners, particularly inexperienced start-ups, run their business without a vision in mind. They focus on short term profit and forget about the long term goal – which should be - to build a business that prospers! Is there any wonder why 90% of start-ups fail? Many business owners have been profitable from the beginning of their business launch. They’ve been fortunate. But some of them need to be careful. It might not last. There will be highs and lows and it’s important to take the good with the bad. They should by all means celebrate their first success. At the same time, they shouldn’t get carried away by the first win. They should develop a vision (which isn’t based upon a  monetary  value) and work towards it – this is the key to long term growth and success. So you’re a business ...