A Quick Simplified Small Business Lesson
A Quick Lesson in Entrepreneurship: The VISION, PLAN, EXECUTE, ASSESS, PIVOT Cycle In my years of coaching entrepreneurs, I've found that successful businesses often follow a clear and repeatable cycle: VISION, PLAN, EXECUTE, ASSESS, PIVOT. This process is not just a linear progression but a dynamic cycle that allows entrepreneurs to continuously adapt and improve their businesses. Let me walk you through each step. VISION Every successful venture starts with a compelling vision. This is the foundation of your business and serves as your North Star. Your vision is not just about what you want to achieve but also why it matters. It's the big-picture idea that fuels your passion and drives you forward. A clear vision answers questions like: What problem are you solving? Who are you solving it for? And how will your solution make a difference? Without a strong vision, it's easy to lose direction when challenges arise. I’ve seen many entrepreneurs struggle because they either ...