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Targeted For Wealth: Create Your Mission Statement

Vision and mission statements are written records of your dreams, personal statements of what you want to become, accomplish, feel, experience, think, own, associate with and impact. Your vision and mission statements will give you a sense of purpose, motivation, focus and energy, as well as help you face fear head-on and keep you on track when your journey starts to go off the rails. Their purpose is to tell you what you really want and what is truly possible, what your future could be.

Your vision statement is focused on your long-term future, whereas your mission statement focuses on your short- to medium-term future. There is no universally accepted timeframe for a mission or vision statement, but a mission statement generally has a one- to three or five-year timeframe. Your vision statement is from five years to an endpoint that sees the realization of your individual dream.

Vision and mission statements complement each other. Your vision statement is written with an ultimate goal in mind?your destination. Your mission statement is a short-term target on the journey to your vision.

Your vision statement is made up of many successive mission statements that move you one step closer to your long-term vision or dream. Your mission statement is a way of breaking your dream?your vision?into manageable sizes. It's a way to focus your energy on a target that's not too distant in the future and not so much of a complete change that it seems unobtainable.

Both your mission and vision statement should be ambitious, inspirational and a reflection of what you wish to accomplish. They will be used as the basis of your goal- setting plan.

Your mission statement is your challenge to yourself. It reflects what you want to focus on and accomplish. It clarifies, prioritizes and crystallizes your true wishes from your conflicting, distracted and jumbled thoughts.

Whereas your vision statement is a record of what you'd like your life to look like (i.e., your vision of life), your mission statement is much more active (i.e., you're "on a mission.") It's your record of the immediate hurdles you want to jump over.

Your mission statement doesn't have to be a set length, but you may find it easier to write, remember and accomplish a shorter, more to-the-point mission statement. Three to four sentences should do it. Your mission statement is essential to establishing your goals, and will take you a step closer to achieving your vision.

You can find plenty of mission statement generators online that will help you quickly create an effective mission statement. Of course you can write whatever style or content of mission statement that works for you so do create your own unique one if you feel so inclined. The most important thing is that you create your mission statement, that is written and that you place it in a prominent place so you'll see it all the time, such as on your fridge or computer screen, in your wallet, etc. Look at it twice a day at least?once when you wake up and once before you go to sleep. That way you'll be in the best possible position to completely fulfil your mission.

Emlyn Scott is the founder of Rich1Percent, investor and wealth creation author. He is a wealth creation and finance expert with 4 post graduate qualifications and has amassed a multi-million dollar investment portfolio.

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