What Is a Vision Statement?

Textbook Definition

A vision statement is a concise declaration, usually one or two sentences, describing the future state an organization intends to reach over a defined horizon, used to guide priorities and decisions.

In Plain English

It is a sentence or two about where your business is headed, built from a clear picture of five years out. If you are figuring out how to write a vision statement, start with that picture, not with fancy words.

Why Do Creative Owners Get Stuck Without One?

Owners with lots of ideas rarely run short of energy. They run short of finished work. Each new idea borrows the time the last one needed, so the shelf fills with starts and the coin box stays thin. The problem is not too many ideas. It is having nothing to measure them against.

A vision statement fixes that. It is built on the five-year picture and works as a filter: does this idea move us toward the picture, or is it a lovely detour? Once you know the destination, you can plan backward from it, a method explained in the guide to backward planning.

Signs you have this problem:

  • You have more half-finished projects than finished ones.
  • Your newest idea always feels like the most important one.
  • Someone asks what your business will become and you list five different things.
  • You spent weeks this year on work that never earned a coin.
  • Your team cannot tell which projects matter most.
  • You keep saying you will get to it "when the others are done."
When every direction is equally loved, you do not have many directions. You have none.

What It Looks Like When There Is No Destination

From the Fabled Forest · Chapter 2

Hazel, a squirrel painter, had pinned about a hundred sketches to her studio wall: a mural, greeting cards, a book, a class, a gallery sign, even a poster for a market she had never visited. She had started nine big projects since spring and finished none. Her paid commissions had brought in 408 coins, her best year yet, while about sixty days of work on the wall had brought in nothing.

At a school career morning, a young badger asked her what she wanted her studio to be. She had no answer. Back home, Doctor Owl asked her four slow questions about five years out: where the studio would be, who would work there, what it would sell, and how much it would earn. Her answers were a library wall, one apprentice, paintings and prints of beloved places across the forest, and nine hundred coins a year. On her fourth try, she turned them into one sentence.

Then she held every sketch against that sentence. Fourteen pointed the right way and moved to the good wall. Eighty-six went into a box marked SOMEDAY, kept, not thrown out. She picked the library wall as her first job, finished the heron painting for it, and mailed the badger a card with her answer.

Hazel's story is Chapter 2 of Strategy for Small Businesses, Book 6 of Dr. Paul's Fabled Forest Business School Series.

The Talon Way: A Vision That Is All About You

The Shortcut

Write the vision around your own size and fame: the biggest, the first, everywhere at once.

Why It Works for a While

It feels thrilling to the people who wrote it, and it sounds bold on a sign.

What It Costs

Customers and staff cannot find themselves in it, so nobody outside the owner's office helps make it happen.

How to Write a Vision Statement in 4 Steps

No slogans and no buzzwords. Just a picture you can describe and a sentence you can say out loud.

  1. Picture the business five years out.

    Where is it located? How many people work in it? What does it sell? How much does it bring in? Use real places and real numbers. Hazel wanted a true number, not a big one.

  2. Turn the answers into one or two plain sentences.

    Read it to someone who does not know your business. If they cannot picture it, rewrite it. Hazel needed four drafts. If you are also writing a full plan, our business plan templates include a section for the vision so it sits next to your numbers.

  3. Hold every project against the sentence.

    Keep what moves you toward the picture. Box the rest for later. A good idea that points somewhere else is still a detour this year.

  4. Pick the first thing to finish.

    Choose the one project the rest depend on and start there. Then measure how far you are from the picture with a gap analysis.

Dr. Paul's Insight

The most common mistake Dr. Paul sees is writing the vision, then hanging on to every project. The sentence goes on the wall and nothing on the calendar changes. A vision earns its place only when it moves some work into the someday box. Once it does, the next step is to say what the business does every day on the way there, which is the job of a mission statement.

Sample: Hazel's Five-Year Picture

Here are Hazel's four answers and the sentence she built from them. Fill in the same four lines for your own business, then try the sentence out loud.

Business: Painting studioOwner: Hazel
WhereHer studio past the creek, plus a wall at the library to hang finished work.
WhoHazel and one apprentice to prepare panels and colors.
WhatPaintings and prints of favorite places, from every corner of the forest, plus her summer fair.
How muchAbout 900 coins a year, up from 408 today.
The sentence, in shortPaintings of well-loved places from all over the forest, with her studio as the spot buyers come to pick one.

Illustration from the book. Your sentence should be short enough to say to a stranger at the door.

Watch: Vision Statements and Strategic Plans

A quick business plan tip from Dr. Paul on writing a vision statement people can actually see, plus a longer walkthrough of how a startup strategic plan is built.

Business Plan Writer's Tip #17 for Fort Worth, TX: I Can't See It , Your Vision Statement

Dr. Paul Borosky, DBA, MBA. (3:05)

How to write a Startup Strategic Plan

Dr. Paul Borosky, DBA, MBA. (13:03)

Read a Passage From Chapter 2

Chapter 2 · Vision Statement

A Hundred Sketches, No Destination: A Squirrel’s Someday Box

“I’m not throwing them away,” she said.

“No,” said Doctor Owl. “That is what the box is for. They are good ideas. They are just not on the way to the picture. When the picture is finished, or if it changes, the box will still be there. A vision is a filter, Hazel. It does not tell you which ideas are good. They are all good. It tells you which ones are yours, this time.”

Hazel put the lid on, and patted it.

Read which sketch Hazel finishes first in Strategy for Small Businesses, Book 6 of Dr. Paul's Fabled Forest Business School Series.

Get the Book on Amazon →

Vision Statement Questions Owners Ask

How long should a vision statement be?
One or two sentences. If it takes a paragraph, it is probably a list of projects rather than a destination. Short enough to say at the door is the right length.
What is the first step in how to write a vision statement?
Describe the business five years from now in four parts: where it is, who works there, what it offers, and how much it earns. The sentence comes after the picture, not before.
What do I do with good ideas that do not fit my vision?
Keep them, but set them aside. A someday list or box lets you stop working on them without losing them. If the picture changes later, they will still be there.
Is a vision statement the same as a mission statement?
No. The vision is where the business is going. The mission is what the business does, for whom, and why, right now. Most owners need both.

Written by Dr. Paul Borosky, DBA, MBA, business consultant and author of Dr. Paul's Fabled Forest Business School Series. Want help turning your five-year picture into a vision and a plan? See growth plan and consulting options.

This page is for general educational purposes only. It is not legal, financial, or other professional advice. Dollar figures are illustrations. The Fabled Forest and its characters are fictional. For decisions about your own business, consult a qualified professional.