Creating a Mission Statement
Creating a Mission Statement That Hits the Bull’s Eye
It is no surprise that running your very own company takes way more than just setting it up. Most entrepreneurs fail to understand that creating and selling a product or service is just the initial step, and that creating a brand is the ultimate goal. The magic potion to creating a successful brand is to come up with a promising mission statement. This statement acts as a motivation factor for your team & creates a rather distinguished place for you in the ever so competitive market.
Bob needs to define his mission
Bob has an idea for his products and service and is excited to start his business. However, he needed a way to focus and come up with a plan but he didn’t know where to start. Although Bob successfully developed his product, he was having great difficulty in building a brand. With each passing day, Bob was losing focus and didn’t know his greater plan for his company. Bob was thinking there may be a problem and he’d have to give up before he began. Days went by and Bob’s level of stress ended him up in the ER. Bob was a wreck until we stepped in and shared some of our secrets for writing an ideal mission statement.”
What should you do?
When you sit down to write a mission statement, you should focus on telling your team and your customers why you do what you do and what they should expect from you and your company.
There are a few very essential questions that you should ask yourself:
- What are the services or products that I am offering?And why do I think it will help their lives.
- How is/are my product and services different from those already in the market?
- Why am I in this business and will this have a positive impact on the world?
Let’s bring Nike’s mission statement to light, it reads: “To bring inspiration and innovation to every athlete in the world,” and the legendary University of Oregon track and field coach, and Nike co-founder, Bill Bowerman, further emphasized, “If you have a body, you are an athlete.” With just a few words, Nike’s mission statement talks of their inspiration, innovation and focuses on their ideal customer base.
Once you have developed your mission statement it is suggested that you come up with a catchy tagline, such as Nike’s “just do it.” This tagline gives a quick snapshot of your mission.
Bob now works with a very dedicated team
We advised Bob to come up with a mission statement. This statement should be a reminder to him about why he wants to start his business and follow his dream. Acting upon our advice, Bob started working on coming up with a mission statement. With our help and guidance, Bob was able to come up with a mission statement that not only allowed him to stand out but also attracted his ideal customer. Bob now has a focus for his company and is ready to move forward. However, Bob has a few more essential steps to take before starting his business. The next step is to start working on his tagline.
Put Focus on your Mission
Now that you have a mission statement from following these suggestions, this will help you to focus and begin your business. Now it’s time for you to start thinking how you can say your mission statement in three words, which is your tagline. Your tagline will compress your mission statement and will separate you from others. Your tagline is great for marketing your product or service. Be sure to check out our next blog on Creating a Tagline.