برچسب: Needs

  • Why Your New Company Needs a Mission Statement Before Its First Transaction

    Why Your New Company Needs a Mission Statement Before Its First Transaction


    Opinions expressed by Entrepreneur contributors are their own.

    A lot goes into building a company before it ever makes a sale — from brainstorming the idea to developing a business plan and crafting a go-to-market strategy. Whether you’re launching a physical storefront or an online business, early-stage planning involves countless moving parts. But there’s one critical step that often gets overlooked: writing a mission statement.

    A mission statement defines the purpose of your business in one or two clear, compelling sentences. It acts as a north star for your team, your customers and your stakeholders — guiding decisions, shaping culture and communicating what your company stands for. It should be completed before launch, because it lays the foundation for everything that follows.

    In my experience managing 22 companies across 89 countries, I’ve learned this firsthand: the businesses with the clearest missions move faster, scale smarter and stay grounded in their values.

    Related: 11 Effective Marketing Strategies to Help Streamline Your Startup

    Why a mission statement matters

    At its core, a mission statement explains why your company exists. It clarifies your purpose, expresses your values and points to your goals. It’s not just a description — it’s a declaration. A good mission statement is:

    • Clear and concise
    • Actionable and achievable
    • Aligned with your company’s five-year plan

    It doesn’t just inspire; it directs. When my team faces a major decision, I often ask: What does our mission statement say? That one lens can resolve uncertainty, align priorities and keep us on course.

    For example, one of my companies has a simple mission: To empower individuals by providing clean, effective and science-backed wellness solutions. That clarity filters everything — from product development to marketing to customer service. And it keeps us focused on our longterm goals, not just short-term wins.

    How to write a mission statement

    Writing a mission statement isn’t about sounding impressive. It’s about being intentional. Here’s a simple formula that works:

    “Our mission is to [main goal for the next five years], in order to [the impact you want to make].”

    This structure keeps your mission grounded and forward-looking. Save the big, audacious future goals for your vision statement — that’s where longterm aspiration lives. Here are some great examples of clear, focused mission statements:

    • Nike: To bring inspiration and innovation to every athlete in the world.
    • JPMorgan Chase: To be the most respected financial services firm in the world.
    • Ford: To help build a better world where every person is free to move and pursue their dreams.

    Now compare that to their vision statements, which take a broader, longterm view:

    • Nike: To do everything possible to expand human potential.
    • Ford: To shorten the distance between where you are and where you want to go.

    Mission statements should be memorable. If you can’t say it in a single sentence, it’s not a mission — it’s messaging.

    Why it should come before launch

    Think of your mission as the blueprint for your business. Just like an architect wouldn’t start building without a plan, you shouldn’t start accepting orders without clarity on why your company exists.

    Your mission should guide key decisions before you ever go to market:

    • Product development: Does this align with our purpose?
    • Hiring: Do these candidates reflect our values?
    • Branding and marketing: Are we communicating what we truly stand for?

    After launch, your mission continues to guide you, ensuring that growth doesn’t come at the expense of your core purpose. It also helps your business adapt while staying anchored to its identity.

    A tool for attracting the right investors and talent

    Investors today want more than financial returns. They want to believe in your why. A strong mission statement tells them you’re building something that lasts — not just chasing short-term profit.

    The same is true for your team. A well-defined mission increases engagement, attracts values-aligned talent and builds a strong internal culture. People want to do meaningful work — and your mission tells them what that meaning is.

    Related: How to Write An Unforgettable Company Mission Statement

    Set your direction before you hit “go”

    A mission statement does more than clarify your purpose — it drives focus, builds culture, and attracts support. It helps every stakeholder — from employees to investors to customers — understand your business on a deeper level.

    By crafting your mission before your company makes its first sale, you create alignment from day one. You establish a guiding principle that shapes every action and decision — now and into the future.

    Before you launch, take the time to ask: What’s the purpose behind this business? Your answer might just be the most valuable asset you create.

    A lot goes into building a company before it ever makes a sale — from brainstorming the idea to developing a business plan and crafting a go-to-market strategy. Whether you’re launching a physical storefront or an online business, early-stage planning involves countless moving parts. But there’s one critical step that often gets overlooked: writing a mission statement.

    A mission statement defines the purpose of your business in one or two clear, compelling sentences. It acts as a north star for your team, your customers and your stakeholders — guiding decisions, shaping culture and communicating what your company stands for. It should be completed before launch, because it lays the foundation for everything that follows.

    In my experience managing 22 companies across 89 countries, I’ve learned this firsthand: the businesses with the clearest missions move faster, scale smarter and stay grounded in their values.

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  • Your Business Needs Better Images. This AI Editor Delivers.

    Your Business Needs Better Images. This AI Editor Delivers.


    Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

    If you run a business today—whether it’s a side hustle, full-time e-commerce store, digital agency, or content-driven brand—you already know that visuals matter. Clean product shots, sharp graphics, and distraction-free images can be the difference between someone clicking “buy now” or bouncing in two seconds.

    But most small teams (or solo founders) don’t have time to master Photoshop—or the budget to hire a designer for every task. That’s why PicWish is such a helpful option. For just $59.99 (reg. $95.95), you get 5,000 one-time credits to use across a powerful, AI-driven photo editing suite.

    And these aren’t just filters and presets. We’re talking automatic background removal, image upscaling, watermark/object erasing, photo enhancement, AI art and face swapping, and even batch processing for bulk uploads. No learning curve, no subscriptions, and no waiting on a design team to turn around basic edits.

    Designed for business owners

    PicWish is ideal for online sellers, social media managers, marketers, and freelancers who need fast, clean visuals to stay competitive. If you’re listing dozens of SKUs, creating branded content, or just need better images for presentations or promos, PicWish will pay for itself in days.

    It works in your browser or as an app, supports high-res output, and includes niche tools like image-to-text conversion, ID photo formatting, and AI background generation—useful across industries, from real estate and retail to education and events.

    Plus, the 5,000 credits are a one-time purchase and stackable, so you can build a reserve and never worry about running out in the middle of a project. There are no recurring fees, no contracts, and no watermarking gimmicks—just clean results and smart tools, ready when you are.

    Get 5,000 PicWish AI Photo Editor credits for just $59.99 (reg. $95.95)— and don’t forget to stack them so you have plenty to last you a while.

    PicWish AI Photo Editor: 5,000 One-Time Credits

    See Deal

    StackSocial prices subject to change.

    If you run a business today—whether it’s a side hustle, full-time e-commerce store, digital agency, or content-driven brand—you already know that visuals matter. Clean product shots, sharp graphics, and distraction-free images can be the difference between someone clicking “buy now” or bouncing in two seconds.

    But most small teams (or solo founders) don’t have time to master Photoshop—or the budget to hire a designer for every task. That’s why PicWish is such a helpful option. For just $59.99 (reg. $95.95), you get 5,000 one-time credits to use across a powerful, AI-driven photo editing suite.

    And these aren’t just filters and presets. We’re talking automatic background removal, image upscaling, watermark/object erasing, photo enhancement, AI art and face swapping, and even batch processing for bulk uploads. No learning curve, no subscriptions, and no waiting on a design team to turn around basic edits.

    The rest of this article is locked.

    Join Entrepreneur+ today for access.



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  • 6 Reasons Every Business Needs to Start a YouTube Channel Today

    6 Reasons Every Business Needs to Start a YouTube Channel Today


    Opinions expressed by Entrepreneur contributors are their own.

    Okay, I get it. The idea of creating videos for your business can feel intimidating, maybe even overwhelming or just plain “not my thing.” But trust me on this one — not only do you need to be on YouTube, but it’s also one of the smartest decisions you’ll make for growing your business. YouTube isn’t just a platform; it’s a marketing powerhouse that helps you connect with customers, build trust and drive sales in a way nothing else can.

    Today, I’m walking you through six reasons why getting on YouTube is a total game-changer for your business. From building authentic connections to boosting your SEO game, this list has something for everyone. And don’t worry, we’ll have some fun along the way. By the end of this, you’ll be ready to hit record and start growing your business like never before.

    Related: I Made $389,822 In One Year On YouTube. Here’s How I Did It

    1. Your business becomes more than a name

    People want to do business with, well, people. YouTube gives your audience the opportunity to see the human side of your brand. Whether it’s behind-the-scenes videos, team introductions or your workspace, these videos bring your brand to life.

    When I created Tonia in Vegas, I only used YouTube to launch my brand, and I grew to over 500 members in under one year. Here’s another example. Take, for instance, the booming world of TCGs (that’s trading card games, for those who have never been to one of these unbelievably busy conventions).

    Pokémon is a TCG and is not just a card game; it’s an empire. And newer TCG games like TMeck are catching eyes, too. Entrepreneurs in this space are riding the waves of the industry’s massive popularity by using YouTube as their primary marketing tool. Card shows with lines of excited collectors are everywhere, but the smart sellers know the power of video. Streaming a live box break, showing the process of grading rare cards or even posting an unboxing video is so much more engaging than just listing products for sale. The connection formed makes viewers feel like insiders to your world.

    And here’s a great example from a real entrepreneur who is growing immensely online. Dylan from The Bulba Store has grown to over 100k subscribers in less than 18 months. YouTube has been a total game-changer for his business. With the success of his channel, he has been able to connect with collectors all over the world who are just as passionate about Pokémon cards as he is. Sharing videos of real deals, market trends and the day-to-day grind of running the business has built a level of trust and transparency that you just can’t achieve through a website alone. People don’t just want to buy cards — they want to buy from someone they feel connected to. YouTube gave him that platform and it’s played a huge role in growing thebulbastore into what it is today.

    2. Showcase your expertise

    When it comes to positioning yourself as an authority in your industry, YouTube is a stage like no other. Whether you’re a fitness coach, a tech enthusiast or a TCG entrepreneur, video allows you to educate your audience and prove why you’re the go-to expert.

    Would you rather scroll through paragraphs about someone’s expertise, or actually see them in action? If you’re a fitness trainer, guide your audience through a killer workout. If you’re a real estate agent, give a virtual walkthrough of your properties. And if you sell TCGs, flex your expertise with tutorials on deck-building strategies or even discussions on current market trends. The possibilities are endless.

    3. Shine bright in customer service

    You can talk about great customer service all day, but showing it makes all the difference. YouTube is an awesome place to answer FAQs, demo products or even showcase how you handle orders. And yes, that content doubles as amazing marketing.

    Imagine a customer debating between two businesses. One has an engaging YouTube channel filled with helpful tips and tutorials, while the other has crickets. Guess where that customer is headed? Exactly. Be the business that stands out and shines.

    Related: 9 Ways Brands Can Explode Their Sales With YouTube

    4. Connect authentically with your audience

    Here’s the deal: YouTube videos feel real. Unlike slick ad campaigns or polished brochures, they show the relatable, human side of your business. And guess what? People crave that authenticity.

    Your audience doesn’t care if your video quality is on par with a Hollywood production. They care about you. Be yourself, stumbles and all. Take time to interact in the comments and build relationships with your viewers. That authenticity builds trust, and trust is priceless in business.

    5. Boost your SEO and website traffic

    This one’s a little technical, but super important. YouTube is owned by Google (a.k.a. the king of search engines), and videos often show up on the first page of search results. A well-optimized YouTube video is basically a direct ticket to driving traffic to your website.

    Say you own a bakery in Newport Beach, and you upload a video called “5 Must-Try Desserts at [Your Bakery Name].” The next time someone Googles “best desserts in Newport Beach,” there’s your video, sitting pretty on the results page. Simple but powerful, right?

    6. It’s fun

    Yes, YouTube is a fantastic tool for growing your business, but it’s also a blast! Once you shake off those first-time-on-camera jitters, you’ll discover how fun it is to create content that resonates with your audience.

    Experiment with creative ideas, show off your personality and connect in the comments. The more you practice, the better your videos (and confidence) will get. Before you know it, you might even look forward to hitting “record” each week.

    Related: 8 Ways I Grew My Company’s YouTube From Inactive to 1 Million Subscribers — and Counting

    Final thoughts

    Your audience is out there, ready to click “play.” All you need to do is show up and share your story. Don’t overthink it; hit record and have fun. You’ve got this, and who knows? Your next video could be the one that takes your business to the next level.

    Okay, I get it. The idea of creating videos for your business can feel intimidating, maybe even overwhelming or just plain “not my thing.” But trust me on this one — not only do you need to be on YouTube, but it’s also one of the smartest decisions you’ll make for growing your business. YouTube isn’t just a platform; it’s a marketing powerhouse that helps you connect with customers, build trust and drive sales in a way nothing else can.

    Today, I’m walking you through six reasons why getting on YouTube is a total game-changer for your business. From building authentic connections to boosting your SEO game, this list has something for everyone. And don’t worry, we’ll have some fun along the way. By the end of this, you’ll be ready to hit record and start growing your business like never before.

    Related: I Made $389,822 In One Year On YouTube. Here’s How I Did It

    The rest of this article is locked.

    Join Entrepreneur+ today for access.



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