Business vision is True NorthWhen you were a kid and just going out the door, did your mom ask you “where are you going?” How did you answer? Did you say “nowhere” or “just up the street” or maybe even say the name of one of your friends? You had an idea of where you wanted to go when you walked out the door.

So what about your small business?

When you’ve been in business for a while, you know essentially where you going. There is a purpose to your business, right? Have you asked yourself recently, “where are you going?”

All businesses evolve over time. Sometimes by choice, sometimes by circumstance.  The people running them learn more about customer’s needs and wants or technology enables something to exist that couldn’t exist before. Someone comes up with an innovative product or system. The recent recession and economic recovery has caused some businesses to go back to their roots while other businesses are reinventing themselves.

All evolution.

With so much change, it ‘s easy to lose your True North.

Your business vision is your True North. How did you want your business to affect the world? One client I coached is committed to making it easy to communicate electronically. Another client sees her wealth management business as a tool for reliable, no stress retirements. For your small business, your vision provides the framework for the types of actions you take, the people you hire and how you stay motivated. It comes from your value system. Your vision is just over the horizon waiting for you.

To review your vision, ask yourself these questions:

1. What are your top 3 values right now?

2. What is the most important thing you want your business to accomplish and why?

3. How aligned are your current business goals with your business vision?

So, where are you going?

*For more information like this live, check out my complementary teleclass, “How To Use the CEO Mindset For Small Business Success” Thursday March 31st, 7 pm GMT/3pm ET