What do you want to be when you grow up? What are you going to do when you leave university? Where do you see your company in 3, 5, 10 years time? If you have a straight answer for this question, congratulations you conform to today’s modern society. Personally I have always been sceptical of fortune telling, and although I believe it is motivating to envision your future, you must be careful not to lose your flexibility and spontaneity as an individual, or a business.
My vision began wanting to be an elf in Santa’s workshop, and then a Chef, and then a Graphics Designer, and then a Businessman – it seems the older and maturer I have got I have realised that my only vision should be the one involving me doing something that stimulates my happiness.
Many companies and entrepreneurs begin with a Vision and work backwards to develop a strategy to how to get to this vision, this has it’s benefits and it’s flaws. The benefits being if the vision is a good use of empowering staff, if everyone can see the goal it is easier to work towards – But what if the vision was limitless?
Setting something is like choosing what dinner you are cooking for your family – Yes it gets them excited, but what if you get a taste for something else? – What happens if you want steak instead fish and chips? Changing a vision can have a negative impact on all stakeholders, as we see with many mergers and takeover’s – Who would have thought Freddo’s would have rose in price and Cadbury’s Creme Eggs would be replaced with cheap chocolate! Visions are great if you can stick to them, but if you are too fidgety to stick to one thing, then you could end up with egg on your face.
To finish off please watch the video below of Blind Entrepreneur Prateek Agarwal who runs his own IT Company from Jaipur. I think this is a prime example that you do not need a vision to run a business.