Tag Archive: entrepreneuring

You Need Three Legs to Be a Success

You need 3 legs for BIGG SuccessBIGG success is life on your own terms. It’s about taking control to build the life of your dreams.

It begins with understanding your role. You have 100% ownership of an incredibly important enterprise – your life.

So you are the entrepreneur in charge. Entrepreneuring is a mindset, not an occupation.

You can try standing on your own two feet. But, when you get down to the essence of a great enterprise, you realize it is a three-legged stool.

Listen to this post! Click a player to hear George & Mary-Lynn on The BIGG Success Show Podcast.

 
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The three legs are product, marketing, and delivery.

This triad is only as good as its weakest link. And unfortunately, one of them is almost always weak.

The magic happens when you get all three working together. It’s the key to BIGG success!

Product

We say product. We really mean service. You may think of it as your talent.

The key is to discover what you can offer to add value in the lives of other people. It’s how you begin creating value for yourself.

Your enterprise is built on this product. But the product alone isn’t enough.

Marketing

Don’t make the mistake of thinking that the most talented person always wins. They most certainly do not.

You can have the best product in the world and fail. The failure is the result of poor marketing.

If know one knows about you and your talent, you will fail. It doesn’t matter how good you are.

You have to get the word out. You have to get noticed.

If you don’t market yourself, your talent will be wasted. You won’t create value for yourself or anyone else.

Delivery

Once you have their attention, you have to deliver. It sounds so simple:

Make a promise. Keep a promise.

It is simple. But it’s not easy.

It requires follow-through and follow-up.

That’s where the difficulty comes in. In the day-to-day rush, promises are made.

The intentions are good. But you need a system to document set up to document those promises and insure they are followed up on.

What’s your weakest leg?

The rewards go to people who get all three legs standing firm. What’s your weakest leg?

Identify the factors contributing to the weakness.
Then brainstorm for solutions to make it more solid.
Develop a plan of action and then…
Make it so!

So you make more money, more dependably. That’s BIGG success!
Direct link to The Bigg Success Show audio file | podcast:
http://traffic.libsyn.com/biggsuccess/00760-120811.mp3
Image in this post from Flickr

Where to Find Opportunity

places to find opportunity for BIGG SuccessEntrepreneurs look for opportunities to create value by solving a problem. A problem people have.

So entrepreneuring, at its essence, is all about people.

Entrepreneuring is what BIGG success is all about.

Only it’s not just an occupation. It’s a mindset.

We’re often asked where to find opportunity. Let’s look at three places where you can look:

Listen to this post! Click a player to hear George & Mary-Lynn on The BIGG Success Show Podcast.

 
icon for podpress  Standard Podcast: Play Now | Play in Popup | Download

iPhone/iPad Podcast Player

Listen to The BIGG Success Show #759

Inefficiencies

Look for inefficiencies. These inefficiencies are often caused by some sort of technological shift.

The first generation creates the inefficiencies. The second generation extends them.

The first generation profits from the technology. The second generation profits on the technology.

So look for places where technology is creating an inefficiency to find your opportunity.

Someone asked us recently if we thought “this whole social media thing” had just about run its course. We, of course, said no way.

Web 2.0 is creating inefficiencies in many established industries. Entrepreneurs capitalize when industry leaders stick their head in the sand.

Regulation

Regulation creates opportunities. This goes two ways.

Deregulation often opens doors that were closed before. And new regulation or re-regulation may create opportunities as well.

For example, here in the U.S., it’s expected that the health care bill may create new opportunities.

And one could argue that the deregulation of the phone company a couple of decades ago has is still driving opportunities today.

Would we have SmartPhones if we had a phone monopoly? You decide, but it’s worth thinking about.

We should add, our purpose here isn’t to argue the costs and benefits of regulation, re-regulation, or deregulation. We’re just saying to look at what’s happening with regulation if you want to find an opportunity.

Demographics

Look for demographical change to find your opportunity.

It could be shifts in genders. For example, the number of women in the workforce has been driving change for some time now. Now you’re starting to see more women in leadership. That will create opportunities.

It could be related to age. The Baby Boomers has created opportunities their whole lives. They are the ultimate bubble.

And now they’re starting to retire. This is creating all sorts of opportunities.

Inefficiencies, regulation, and demographics. What do they have in common?

Change!

Change creates the opportunity which will lead you to BIGG success!

Do you think you see an opportunity but want a second opinion?

Maybe we can help.

Before we go, we’d like to take this opportunity to say “Thanks” for meeting us here today. Until next time, here’s to your BIGG success!

Image in this post from stock.xchng

Direct link to The Bigg Success Show audio file | podcast:
http://traffic.libsyn.com/biggsuccess/00759-120611.mp3

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