Mission and vision statements are essential aspects of business operations, but they can be beneficial for everyone! Let’s clarify the difference between the two before we get into the reasons that you should have them.
A mission statement is a summary of the core values that make up an organization or individual. In the case of a personal mission statement, it would explain why you are who you are and why you value the things you do.
A vision statement clearly states how a person or company envisions their future. These types of statements encompass a set timespan, mostly 5 or 10 years down the road.
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