…….AND WHY YOU SHOULD ASK THEM TOO.(PT 1)

A lot of clients tend to be a-bit uncomfortable working with tech companies due to fraud and other relationship related problem which is very normal. They ask a lot of questions as well but sometimes….., these questions can be very irrelevant and I’m here to share two important questions every client should ask alongside getting to know the company they are working with for a project. These questions are:

1. What is your company's mission?
2. What are your company's core services?

Why should you ask this question?

A company without a mission is more like eating a spice-less chicken. (I’m sorry if you’re a vegan reading this, just imagine vegetables ) You are tasting….. nothing. It has so definition. Some will eat it and think it’s something else. Some will question it’s existence since it’s so tasteless. Some people will be confused on what to use it for, and most importantly, a lot of persons will NOT call it chicken!

Having a mission as a company is like finding a FEW right spice for that chicken or meat (whatever you choose to call it), because a mission statement is meant to be short and straight to the point.

By asking a Fintech company this question, you get to fully understand their purpose and a lot more, that will give you an idea on whether to either buy their services or work with them for a project.

So what is a mission statement:
According to Wikipedia, A mission statement is a short statement of why an organization exists, what its overall goal is, identifying the goal of its operations: what kind of product or service it provides, its primary customers or market, and its geographical region of operation.

It simply means a formal summary of the aim and values of a company and it’s not just about writing it down on paper but also taking those words as a compass for your business, which is more important than having one in the first place.

Its important to point out that having a mission statement as a Fintech company is not as important as making that statement a guild and a compass for every decision and influence your company will, and may get to experience.

Some companies have lost their identity by simply forgetting or disregard the mission statement of their company and that is why it should be a Mantra ( a statement or slogan repeated FREQUENTLY)

For example: A restaurant whose mission is to encourage QUALITY MEALS can have the word “QUALITY”, be a word replaced with “Yes” around the company environment.
Instead of saying “yes” to a colleague who asked a question, you say “quality!”

Is that not amazing!!?

Kindly check the next post for the complete reading as I don’t intend for this to be too long.

Thanks for reading!

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