How Crafting a Story Helps Business Owners Identify Their Mission and ValuesUnderstanding the value of your brand story is crucial for the long-term success of your company.

ByAnastasia Chernikova

Key Takeaways

  • How creating and sharing your brand's story can help you define your mission and values

Opinions expressed by Entrepreneur contributors are their own.

According to Builtin,46% of job applicantsplace a high value on company culture, and47%cite their current work culture as the main reason they're seeking new jobs. Corporate values influence company culture, which is now one of the most critical aspects of employment.

创业者应该专注于自己的使命和vision from the ground up. This also helps them understand themselves better and "find their why." This purpose then spreads across the company under their umbrella and leads the way for others to feel fulfilled at work.

Related:The First Time We Tried to Define Our Company's Core Values, It Failed. Here's What We Did Differently the Second Time.

Your story strengthens your values, which strengthens your brand

The ability to understand and articulate your values helps you understand yourself deeper. It's something that takes thought, introspection and time to work through. You can't simply decide on abrand storyand build your values around it, nor can you arbitrarily pick values that you think will "sound good" and use them as a basis for your story. You will soon find out that does not work out.

While it is common that founders must figure out their mission before they share their story, it can work vice versa: Sometimes speaking to a media coach or mentor helps founders understand themselves and flesh out the details of theirmissionand story. In fact, even talking to the right journalists who ask good questions can be helpful for digging deeper into the roots of who you are and what you want your company to be.

It's worth the time and effort to define your personal values and let that be what influences your corporate mission and story. By infusing these essential parts of yourself into your brand, you're weaving something that resonates as authentic and meaningful into the foundation of your company. Then, when you're speaking to the media, potential customers or a new team member, your passion and sincerity will be what they pick up on.

Values are dynamic: Don't shy away from evolution and growth

Many people believe they must cling to a single set of values for their entire lives. Otherwise, they will be perceived as unreliable, untrustworthy or even betraying themselves or their families. The same can be said for businesses, too.

However,research supportsthat it's normal and healthy forvalues to change and adaptover time. For instance, what was important to you as a child may no longer hold the same value as an adult. Or an opinion formed as a teen might not hold up to your lived adult experience. The priorities you have as a single person are likely to shift when you become a spouse or parent. In every instance, it's reasonable for these value shifts to happen, and nobody would be able to make a serious argument that it was "bad" or "wrong" to make these changes.

In the same vein, the values your company starts with may be different from the ones that serve your goals in a year or three years' time. Yes, there will be thematic similarities, just like a founder's personal values will share common threads reflective of their individual identities. An evolving mission is a healthy part of your brand's storytelling.

The ability to revisit, modify and live out each new iteration of your values is also an integral part of your story. This kind of honesty and transparency shows that you, as the founder (and by extension, the company), are willing to embracevulnerability, be open to change and stand up for what you believe is right. This is a particular type of strength that only a small number of brands — and people — can claim to possess.

Related:Core Values: What They Are, Why They're Important, and How to Implement Them Today

Telling your brand's story is telling your story, so make it count

In his owntalks about values, Mark Manson, author of the bestselling book,The Subtle Art of Not Giving a F*ck指出,that "we are defined by what we choose to find important in our lives." This is equally true in business. What founders value most will be reflected in their mission and values and will become inextricably woven into the tapestry of the brand's story.

Our values are fundamental to our identity, and our identity (aka your brand story in a capitalistic world) is what draws people to us. The moreauthenticand aligned with reality your brand story is, the easier it will be to grow your company and employees that will help you thrive.

Related:How to Develop a Company Vision and Values That Employees Buy Into

Anastasia Chernikova

Entrepreneur Leadership Network® Contributor

CEO

Anastasia Chernikova is a NYC-based entrepreneur and journalist working with the world’s top tech companies. Chernikova is the editor-in-chief of The Vivid Minds.

Editor's Pick

Related Topics

Business News

Is a New iPhone 15 on the Way? Apple to Hold September 'Wonderlust' Event Amidst Sales Slump

The event will take place Sept.12 at the Steve Jobs Theater in Cupertino, California, and will be live-streamed for a global audience at 10 a.m. PST.

Business News

These Are the Top 10 Most Expensive States For Single Earners to Meet Basic Needs

Hawaii was the only state in the report where single earners need a six-figure minimum average living wage.

Starting a Business

How Three Friends Built an Award-Winning Space for Indie Winemakers to Thrive on the Vine

Patt Eagan discusses the launch and growth of Virginia's innovative Common Wealth Crush.

Starting a Business

4 Companies Followed This Secret Formula. Now They're Valued at $50 Million or More.

Implement these four simple (yet brilliant) tips to forge an exceptional company that investors can't resist.

Business Ideas

55 Small Business Ideas to Start in 2023

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2023.