
The Nouveau Podcast
The Nouveau Podcast: Your guide to building a thriving local small business.
Join entrepreneur Meredith Waguespack, owner of Sweet Baton Rouge® for insights, inspiration, and actionable advice with over 14 years in the retail industry. We'll explore data, marketing, community, and more, all with a touch of French charm.
Let's pop the cork on your entrepreneurial success!
The Nouveau Podcast
Episode 3: Building Your Brand Foundation - Mission, Vision & More!
In this episode, we dive deep into the foundational elements of your business: your mission statement, vision, core values, and overall brand identity.
Key Takeaways:
- Mission Statement:
- Define your purpose: What problem are you solving? What needs are you fulfilling?
- Know your audience: Understand your ideal customer and their needs.
- Keep it concise and clear: Use simple language and focus on impact.
- Make it unique: Differentiate yourself from the competition.
- Vision Statement:
- Describe the desired future state of your business.
- Be ambitious but realistic.
- Focus on the future.
- Keep it concise and inspiring.
- Ensure it aligns with your mission and values.
- Company Culture:
- Define your company culture, even as a solopreneur.
- Determine your desired tone of voice (e.g., friendly, professional, playful).
- Identify your Unique Selling Proposition (USP) – what makes you stand out.
- Define the ideal customer experience across all touchpoints.
- Standard Operating Procedures (SOPs):
- Create simple workflows for daily, weekly, and monthly tasks.
- Document your processes to ensure consistency and efficiency.
- Use a spreadsheet or project management tool to organize your SOPs.
- Regularly review and update your SOPs as your business evolves.
Resources:
- Book Recommendation: "Traction" by Gino Wickman - explores the Entrepreneurial Operating System (EOS).
Action Steps:
- Revisit and refine your mission statement.
- Define your company's core values.
- Develop a compelling vision statement for your business.
- Determine your desired tone of voice and Unique Selling Proposition.
- Begin creating Standard Operating Procedures for key business processes.
Connect with Meredith:
I am a mom to three, big maw maw to seven. I've been married for 18+ years, counting the days down to the BIG 20 so we can open up a great bottle of wine.
My husband and I also own a wine bar in our town we live in, called Library Wine & Provisions.
I am the founder of Sweet Baton Rouge®, a local Louisiana business I created from scratch with no marketing plan, just a little grit and lots of geaux! This business will hit 15 years in October and by far has been my most professional career doing what I love, marketing. I have built systems and habits to stay consistent and vision focused on our goals at hand. In 2024 I started a second business, Petey’s Press, to bring all of our production in-house to screen print as our business has always been centered around locally designed & printed t-shirts.
- Listen to The Nouveau Podcast
- Follow Meredith on Instagram
- The Nouveau Podcast Instagram
- Join Our Email
- Shop Sweet Baton Rouge®