Vision or Fantasy?

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When I start coaching new clients, the first thing we do together is a process called a Vision Roadmap. Through this process, we create a clear, vibrant, powerful vision for their business so that we know what to focus on in our sessions together.

One of the questions I ask is how much money they want to make. Occasionally they’ll say something like “a million dollars a year.”

My logical follow up question is, “How much money are you making now?” One memorable person answered: “Oh, about $20,000.”

Now, is it possible that next year you might make a million dollars starting from $20,000? Yes, I’m sure that somewhere in the world, there are examples of that. But I always take those examples with a grain of salt, because you don’t know what went into creating them. Maybe they ran a $100,000 Facebook ad campaign; maybe somebody lent them money; or maybe they brought in a million dollars, but their expenses were $999,000.

There is a difference between a “vision” and a “fantasy.” A vision is what you’re ready to commit to NOW. A fantasy is a far-off possibility that you can create only when you have the foundation in place to make it happen.

I like to set goals for myself that I am confident I can achieve. You won’t reach a goal that you feel intimidated by if it’s so big that you don’t even know where to start.

That’s not to say that you should base your vision on what you think is “realistic.” That’s usually code for “I’ll get it done if circumstances don’t get in the way.”

When you have a empowering vision, it’s easier to choose which actions to take today, because you can use your vision as a guide. You shift from “getting things done” to “doing great things.”  Ask yourself, what is an empowering vision for you? What gets you motivated? What calls you forward? That will help you to hit the sweet spot between “realistic” and “fantasy.”

Have you ever wondered about your own strengths and weaknesses as the “CEO” of your business? I’ve created a quiz that can help you gain insights into your leadership style and areas for growth. It’s a fun way to reflect on your skills and discover opportunities for development. Take the quiz and unlock your CEO potential today! Click here to take the quiz.

Author: Liz Wolfe

Liz Wolfe is a business coach, author, and speaker who coaches entrepreneurs to get unstuck so that they can launch and grow an abundant business. For more than 20 years she has empowered people with her three-part coaching system starting with a clear vision coupled with purposeful Action, and removing hidden barriers to get breakthrough results for her clients. Liz got her entrepreneurial start growing up on a sheep farm in Western Pennsylvania with her mother and two sisters. They built a cottage industry making and selling woolen items, which helped Liz develop her public speaking and selling skills. Later she moved to NYC, where she used those skills to create a successful computer consulting business with her husband, Jon. Eventually she transitioned out of the technology business to apply her experience in a more interpersonal context, helping business owners to develop an abundance mindset. Liz says that one of her greatest accomplishments is staying married to her husband for 25 years while running a business with him. They have two wonderful children. Always eager to get in front of a crowd, Liz also plays the ukulele and is half of the singing duo Ukulicious.

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