Monthly Archives: July 2011

Is Speed Costing You a Fortune?

speeding | BIGG SuccesWe do everything fast these days. Here’s an example:

We quickly scan an e-mail. Then we quickly respond.

But we miss important points. So we end up asking a question about a point that was already covered.

Here’s another example – have you ever received a text message and said, “Huh?”

Sometimes we choose the quickest medium for us to get a message out. We fail to think about the best medium for the message we want to deliver.

We text when we should e-mail.

We e-mail when we should call.

We call when we should meet face-to-face.

In other words, we waste time my moving too fast. And, as we all know, time is money. Speed is costing us a fortune!

SPECIAL PODCAST ANNOUNCEMENT: This is show #719 on The BIGG Success Show, airing live on 07/19/11! Thank YOU so much for your support! Click a player below to listen to this show.

 
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We want to share two thoughts about speed today:

Speed and efficiency

BIGG success is life on your own terms. Terms are incredibly important. Many people think the terms speed and efficiency walk hand-in-hand.

However, you can be efficient without being fast. And you can be fast without being efficient.

BIGG success comes from efficiency, not speed. Efficiency is about producing a result without waste.

Of course, the faster you can produce that result, the better. But it’s important to focus first on efficiency, not speed.

As you get more efficient, speed usually follows.

Speed and people

Speed is never the goal when dealing with people.

In fact, speed is often incredibly costly, as in the examples we talked about earlier.

Efficiency isn’t the goal either.

When dealing with people, you want to be effective. Effectiveness, in this context, is about producing a result with full understanding.

When dealing with people, speed can lead to misunderstandings. It can even alienate people. Speed can cost you relationships.

Speed can be your friend. But it can also cost you dearly.

Knowing when to slow down will save you time and money. That leads to BIGG success!

Thanks so much for reading our post today. Until next time, here’s to your BIGG success!

Direct link to The Bigg Success Show audio file | podcast:
http://traffic.libsyn.com/biggsuccess/00719-071911.mp3

Image in this post from arinas74

The Only Two Sources of Money

money | BIGG SuccessBIGG success is life on your own terms. Money is one of the five elements of BIGG success.

When you look at the essence of money, you realize that it comes from only two sources.

Money for time

Time is another one of the five elements of BIGG success. You can trade your time for money.

This is the first source of money. For millions upon millions of people, it is the only source of money.

For the most part, these people will never get ahead. In fact, they will probably end up worse off than they are now.

Once they are unable to trade time for a paycheck, they will be destined to scrape by for the rest of their lives.

Money from money

Your money will work for you if you let it. When you save and invest, you make money on your money.

This is the second source of money. It’s how most wealthy people got rich.

Every human being has the same 24 hours a day. So the only way to get ahead is to get your money working for you.

The starting point of riches

How do you get money to go to work for you?

You must understand this concept:

What you make matters much less than what you keep.

You can’t always control your earnings. However, you are in full control of your spending.

The key to getting started on the road to riches is saving money, month after month. It leads to BIGG success!

Image in this post from money 1

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