Welcome back to the Daily Masterminds, where it's right to third with your daily dose of inspiration, motivation, and education. Let me get you started today with a quote of the day, it's from Abraham Lincoln. And the quote of the day is the best thing about the future is that it comes only one day at a time. The best thing about the future is that it comes only one day at a time.
One more, awesome reason, not to stress about the future. If you find yourself living in the future or reminiscing about the past, it's time to get present. And that's one of the reasons that the Daily Mastermind is here for you. I wanna help you every day.
Get that focus that you need and give you the resources you need to move forward with your life, creating your best version of yourself, and really unleashing your potential because we all have that potential. So today what I wanna do, I wanna get the week started for you by talking about four fundamental elements of creating a great business or a foundation for your business. And these are elements that you can take into your life in other areas as well, but I wanna talk specifically about business today. And these four elements are your vision, your mission, your strategy, and your core values.
The mission, the vision, the strategies, and core values. Now these are the four elements that are gonna give you direction, tactic, strategy, basically a roadmap for your business. I know you've heard these terms before, but there's a big difference between a vision, a mission, a strategy, and core values. And it's super important that you understand the key difference and that you craft a unique definition of each of these things for your business.
Now the reason I'm bringing this up is because even though you've heard these terms, how many of you have actually sat down and been specific and crafted out these four things? Because a lot of us are so busy in business that we're trying to move the needle, we're trying to come up with strategies, but at the end of the day, at the end of the day, we're not doing what it takes to create culture, to create a vision, and to create a mission that others can get behind. And so you're probably a one man band or one man, one woman band. And these are the core elements and I hope you build a foundation to have other people get involved with.
So let's talk about the difference. And the person I wanna lean on for this is Michael Hyatt. He talks a lot about these four elements in his books. And so I wanna sort of glean from his wisdom today on this podcast and talk to you about each of these things.
Let's start with vision. Now a vision is a clear, inspiring, practical picture of your organization's future. Whether you're talking about your life or whether you're talking about your business, notice that I said it's a clear and inspiring, practical picture of your organization's future. Some people look at those words, inspiring, clear, practical, as things that sort of maybe don't go together.
We think of a vision as something that's maybe unattainable at times. But it's very important that you understand that your vision has to be something that people can get behind and believe is possible. And it's got a stretch. And Michael Hyatt does a great job of saying it's not a vision statement.
Instead, he recommends a three to five page document that talks about the future of your business, three to five years from now. Don't go so far out that it's ambiguous. You've got to get clear, but don't be so close in what you need that you can't stretch what you're thinking about. And so think about it in a three to five year term and write it in the present tense.
It's got to come across, and it should cover things like the future of your team, the future of your products, the future of your marketing, and the impact that your organization is going to have. But ultimately, your vision needs to answer the question, where are we going as an organization? The Daily Masterminds goal and vision is to create a huge community of like minded entrepreneurs seeking common cause and direction, which is to unleash their potential. And I'm not going to get so much into my vision, mission, and strategies and core values because I want you to think about it when we're talking about these things in your own terms.
Where are you going as an organization? And this leads us next to the mission. The mission's going to answer the question, why? You know, why do we do what we do?
And there are four sort of sub questions that Michael Hyatt talks about. The first is, who are we? In other words, what are you in business to do? The Daily Mastermind is in business to inspire, motivate, and educate entrepreneurs, small business owners, and high achievers.
What is your business there to do? The second question that helps you determine your mission is who are your customers and what problem do they have? And everyone's going to be a little bit different, but it's very important for you to understand who your customers and what the problems are that they have. With the Daily Mastermind, our customers, our individuals, entrepreneurs, high achievers, and the problem they have is crafting that daily mindset, the motivation and inspiration in order to go down the path to achieve their goals and dreams.
Third, ask yourself, what's your unique solution? What are you doing that's unique in the marketplace? Like with the Daily Mastermind, we have an exclusive mobile app on the go, and we also provide daily, daily focus and access to the things that you need to craft your best life. But the fourth question towards your mission really needs to be, why?
Why are you doing it? What is it that's driving you for your mission? And the idea behind the Daily Mastermind is to create impact. And I've had such a long track record of success, and you've heard these stories before for me that the fulfillment doesn't necessarily chase your paralegal success.
Creating impact and going from success to significance is something that drives the Daily Mastermind in my company to continue to create impact in the lives of individuals. So that's your mission. Why do you do what you do? And then it brings us back to strategy.
And strategy is how you're going to get from here to there, from here to your vision that you've created in the first document. And strategy is going to change. It can change as often, your strategy can change as often as you need to. Given the recent events in the marketplace, we've had to change a lot.
But it's because you've got to still get to that destination. In other words, your goal of where you want to get doesn't change. But your strategy can change. How you get there needs to be fluid, it needs to be flexible.
And so that's your strategy. And then core values, the core values are really about who you are and who your organization is. Not just who you are now, but who you're becoming on the journey to get to your vision. You've got to create a picture of not just who you are and what you stand for, but what you will be.
Because that's the whole point behind the Daily Mastermind. We want to create and help you to create a vision of your ultimate best life. And that you have greatness inside you that you can unleash in that pursuit of your best life. You're going to create and uncover and continually grow into the best version of yourself.
So you have to create this clear picture and who you're going to be in the process of fulfilling those things. But those are kind of the distinct differences that I wanted to talk with you about, your vision, which is where you're going, your mission, which is answering why do you do what you do, your strategy of how you're going to get there and your core values of who you are. Those are the differences between these four areas. And all of them are important.
And all of them are essential. And so I encourage you to spend a little bit of time if you haven't really drilling down in those areas and writing them down and publishing them and telling your core story. When you tell your story, that's when people can get behind you, get behind your mission, get behind your vision, get behind your values. So I hope that's something that'll help you out.
I encourage you to hit me up on the Daily Mastermind on Facebook and Instagram. Let me know what your vision, what your mission, what your values, what your strategy is, what can I do to help? How can we continue to provide strategy and tactics to help you? And that reminds me.
So tomorrow I want to talk to you about some more practical tactics. We're going to be talking about sales. We're going to be talking about developing and mastering the skill of sales and persuasion. So that's my message for today.
Do me a favor and share this show. If me and the world are me, it would do something for those around you as well. That's my message. Have an amazing day.
I'll talk with you tomorrow.