To answer this question, you must address 3 main parts:

(a) What Products and/or Services do we offer?

(b) Who is our target market?

(c) How do we best help our consumers? Modern technology, professional advice, innovative systems, etc.

You need a common vision to keep your business on point, but it should be broad and flexible enough to grow your business and overcome obstacles. You will never actually reach your vision; instead it’s an achievement that constantly drives your business.

You should be able to trace where the money for launching your business is coming from. Are you funding with investors, crowd-funding, loans, capital contributions, rich uncle, or another source?

Just as important as knowing where the money is coming from, where is it going? Are you and your sister going to live off the sales? Is it going to pay back that rich uncle? Maybe you’re set on expansion, so you’re reinvesting into growing big?

5. “What’s the Next Step?” Always end your meeting with practical next step(s) and a set time to complete it. Who’s going to do something about this amazing idea you’ve discovered? Write it down and hold each other accountable to complete the task by that time.

Always end your meeting with practical next step(s) and a set time to complete it. Who’s going to do something about this amazing idea you’ve discovered? Write it down and hold each other accountable to complete the task by that time.