Ending Soon! Save 33% on All Access

Redefining Your Mission Statement Haven't updated your mission statement since you started your business? Here's how to get started.

Reassessing your mission statement starts with asking youremployees how closely it reflects how the company works. Is itrealistic? Are we living up to it? Is it used on the job? Where canwe do better? This critical look in the entrepreneurial mirror isdaunting, but the rewards are great. You'll connect with youremployees, who will respect you for taking an honest, warts-and-alllook at your company. A staff meeting or a survey are both goodoptions for getting feedback.

If you find dissonance in your mission statement, get rid of it.That may require changing some of your company procedures.Don't leave yourself any wiggle room, either. If you write thatyour company will have "integrity," for example, whatdoes that mean? Your mission statement should define what integritymeans on the job, and how it will be measured in companyperformance. Make sure your mission statement is specific,measurable, attainable, relevant and trackable. You'll increaseits usefulness as a benchmark in staff meetings as well as in yourbrand strategy.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Social Media

How To Start a Youtube Channel: Step-by-Step Guide

YouTube can be a valuable way to grow your audience. If you're ready to create content, read more about starting a business YouTube Channel.

Growing a Business

Want to Expand Your Market Overseas? Here's Everything You Need to Know About Global Logistics in 2024

With rising geopolitical tensions and changing market conditions it can be hard for businesses to navigate supply chain logistics even in a post-pandemic world. Here are three tips from the CEO of an international customs brokerage.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Elvis Presley's Granddaughter Fights Graceland Foreclosure, Calls Paperwork 'Forgeries'

The 13.8-acre estate was scheduled to be sold in a public foreclosure auction on Thursday. Presley's granddaughter and heir, Riley Keough, is fighting to save Graceland in court.

Business News

Kickstarter Is Opening Up Its Platform to Creators and Making Big Changes to Its Model — Here's What's New

The company noted it is moving beyond traditional crowdfunding and making it easier for businesses to raise more money.