In business, it is crucial to have a 10-year vision to set a long-term direction, but it is equally important to have one-year goals. The business landscape changes rapidly, making it challenging to predict industry trends and competitors over a decade. For instance, ten years ago, the internet was in its infancy, and Amazon was primarily a book-selling platform. New technologies or competitors can emerge, disrupting the market and altering business dynamics. Therefore, while a 10-year vision provides a direction, setting one-year goals allows for flexibility and adaptability to navigate the dynamic business environment.
Most people exist as a byproduct of their environment. What does it take to create a life in which you can control your environment? How do you make yourself significant enough to make an impact, whether in business or all of life? In short, what do you need to do to get where you want to be? In this episode of the MFCEO Project, Andy Frisella is joined by Pejman Ghadimi, founder of Secret Entourage and the author of the bestselling book, Third Circle Theory.