The Importance of a Vision

Do you have a vision for your life?  Do you have goals and dreams that you’d like to accomplish?

I’ve read a few articles this week that reinforced the importance of having a vision for your life.

Seven Habits of Highly Effective People

I read the Seven Habits book years ago, and have always remembered one of the habits – Begin with the end in mind.  Covey tells the reader to have a vision of where you want to be, of what you’re trying to achieve.  So few people ever take the time to step back from their day-to-day life and actually think about the future.  In this day and age some people consider it too hard to even think one year in advance.

In my financial planning business I often ask clients about their goals and dreams.  I want to find out about the things in life that are important to them, so I can help them put in place a financial plan that helps them achieve their goals.

What Does the Ideal Life Look Like?

If you could design your life the way you want it, what would it look like?

If money was no object, what are the things you’d do?

Imagine you’re 90 years old and looking back on your life.  What are the things you want to be remembered for?

These are all important questions that you need to ask yourself. If you don’t have a personal vision, it makes it difficult to create a business vision.  Without a business vision you can fall into the trap of chasing your tail, and never quite getting a grip on what you’re trying to achieve.

Your Personal Vision Drives Your Business Vision

A well defined personal vision will make it easier for you to decide on the online business model that suits you.  If your personal vision is to be recognized as an expert in your field (ie a John Chow), then your online business model may be centred around you and your personality.  This can also create some extra pressure as your business model becomes very dependant on you.

You may have a personal vision to make money by selling a variety of information products that may take some effort to write and set up, but provide passive income over time.  This model may not be as dependant on your personality, and may not be as demanding of your time.

Either model (and everything in between) is suitable for different people.  What is suitable for you?

I see many people who don’t think about what they’re trying to achieve in life.  They start their own business (online or offline) to get away from being an employee, but a few years down the track the realise they’re just as trapped in their own business as they were in their old jobs.

Over the coming weeks I’ll write a series that will help you arrive at a personal vision which will in turn help you decide on a business vision.

For now, take some time out to think about your personal vision and goals.  What do you want to achieve?  Let me know in the comments below.

Take some time out to think about your personal vision and goals.Take some time out to think about your personal vision and goals.

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About

Allan lives in Adelaide, South Australia with his wife and two boys. He is the founder of Blogger Business Plan and loves helping bloggers learn how to transform their blogs from hobbies into sustainable businesses.
When he's not blogging or working in his financial planning business, you'll find Allan playing guitar, reading or coaching his son's soccer team.

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One Response to The Importance of a Vision
  1. […] while ago I wrote about the importance of a vision for your business. Since then I’ve had a number of conversations with business owners about […]

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