So, why can this be a big problem in business?

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zihadhasan010
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Joined: Mon Dec 23, 2024 5:46 am

So, why can this be a big problem in business?

Post by zihadhasan010 »

#4. No 'Practical' Vision
One mistake that founders often make is having a vision that is too big, or not practical at all to achieve in the near future.

When your vision is too far from reality, it can leave you feeling disappointed when progress doesn't go as expected, or worse, your business can get stuck because you don't know what steps to take.



Let's explain in more detail!

a. A Vision of Heaven, But Without a Basis for Reality
Many founders start with big dreams — wanting to conquer the entire market within a year, or wanting to achieve millions of ringgit in revenue within a few months.

This dream is indeed a good one, but if the resources and team are not sufficient, it becomes a burden that can ultimately cause you to lose motivation if you are unable to achieve results.

If your vision is not realistic based on current resources, you may feel stuck because the goal is too far away to achieve.

b. Focus Only on the 'Big Picture,' Forgetting the Small Steps
A big vision without a short-term plan is another problem.

Many founders are too focused on the "big picture" or big long-term goals that they forget to plan the small steps that need to be taken now.

If you only focus on achieving RM1 million in revenue per year but don't have a plan to boost sales next month, your business won't move.

A big vision needs to be broken down into small, practical steps so that you can measure progress incrementally.

A good vision should help you navigate your business journey clearly, not colombia phone data make you stuck because you're too far removed from current reality.

c. Not Considering Market Conditions and Resource Capacity
An impractical vision also arises when founders do not take into account market conditions or the actual capacity of their business.

For example, if you sell local products, but your target market is the international market within a year, are you really ready in terms of production, shipping, and marketing?

If your business doesn't have a solid foundation, this kind of strategy and vision can be self-defeating.

There may be potential, but without a clear understanding of the market or business capacity, this vision will be impractical to realize in a short period of time.
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