📺 Stream EntrepreneurTV for Free 📺

How to Write a Great Mission Statement Your mission statement can be as important to your success as your business plan.

By Nina Zipkin

entrepreneur daily

A mission statement communicates your company's goal's and tells your customers what you're all about. When writing a mission statement, think about what makes your business extraordinary.

Before sitting down to write, you should know who your customers are and what you can do for them, what factors contribute to the pricing and value of your services and what roles you and your colleagues play in the company.

Related: Go Beyond the Mission Statement to Revitalize Workplace Creativity

What sets you apart from your competitors? Anyone looking at your mission statement will want to know your strengths and how you offset their weaknesses. Ultimately the statement should give a sense of your vision and motivation for going into business in the first place.

Finally, set yourself a hard deadline and get feedback from a trusted source.

For more on writing the perfect mission statement for your startup, watch the video above.

Related: There Is No Magic Formula for Small-Business Success -- Only This

Nina Zipkin

Entrepreneur Staff

Staff Writer. Covers leadership, media, technology and culture.

Nina Zipkin is a staff writer at Entrepreneur.com. She frequently covers leadership, media, tech, startups, culture and workplace trends.

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

Editor's Pick

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

Passengers Are Now Entitled to a Full Cash Refund for Canceled Flights, 'Significant' Delays

The U.S. Department of Transportation announced new rules for commercial passengers on Wednesday.

Business News

James Clear Explains Why the 'Two Minute Rule' Is the Key to Long-Term Habit Building

The hardest step is usually the first one, he says. So make it short.

Franchise

Franchising Is Not For Everyone. Explore These Lucrative Alternatives to Expand Your Business.

Not every business can be franchised, nor should it. While franchising can be the right growth vehicle for someone with an established brand and proven concept that's ripe for growth, there are other options available for business owners.

Leadership

Why Companies Should Prioritize Emotional Intelligence Training Alongside AI Implementation

Emotional intelligence is just as important as artificial intelligence, and we need it now more than ever.