These 5 Factors Make You a Bigg Dog

George Krueger & Mary-Lynn Foster — Fri, 07 Aug 2009 07:00:01 +0000

Today we’re wrapping up our five-part Dog Days series. Mark Twain said:

“It’s not the size of the dog in the fight; it’s the size of the fight in the dog.”

Bigg dogs aren’t bigg because of their size. They’re bigg because of their attitude.

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There are 5 C’s that put the fight in the dog:

Calling

Bigg dogs just know they were put on this earth to do something special. They can feel it deep in their gut. It consumes them. They have to live up to their full potential. It drives them each and every day.

Courage

Sure, bigg dogs have fears, but they don’t let their fears drive them. They conquer their fears by confronting them head on. That’s one of the first victories we experience in our quest for bigg success: victory over our fears.

Confidence

They have confidence that their time will come. They don’t doubt that they will find their bigg opportunity. They know they will have their moment in the spotlight. They believe they will live their bigg dream.

They also have confidence that they will be ready. They know they will do whatever it takes to prepare for it. They will work harder and smarter than anyone else to be ready when their time comes.

For these reasons, they have confidence in themselves. They have prepared – mentally and physically – for this day that they knew would come. Now that it is here, now that the game is on the line, they want the ball. They are the go-to person and they will find a win to win.

Contemplation

Bigg dogs are thinkers and doers. They are always on the look out for opportunities that match their passions, preferences and proficiencies. When they see potential customers with a problem, they know they may be on to something.

They determine how easy these customers are to identify and reach. If it can be done, that spells opportunity.

Then they look at competitors. They know they don’t want to go head to head with large companies. They also look at competitors of all sizes.

If there aren’t any large companies dominating the niche and if there aren’t too many competitors in total, they get going!

Contempt

They know they will face adversity. They show scorn in its face. They press on to bigg success and that what makes them bigg dogs!

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A lot of us have seen our portfolios take a huge hit. Please join us next time when we’ll talk about investments that don’t lose value. Until then, here’s to your bigg success!

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(Image in today's post by mioawee)

Battle Scarred vs. Battle Scared

George Krueger & Mary-Lynn Foster — Wed, 19 Nov 2008 16:11:12 +0000

You’re probably familiar with the term “battle scarred,” which refers to the scars from wounds received in combat. Most of us are fortunate to not have to engage in real warfare where the scars are visible (i.e. physical) and invisible (i.e. mental). Our battles are more esoteric so our “scars” tend to be only the second kind – mental.

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Today we want to talk about a different word – battle scared. It’s amazing what a difference that one “r” can make.

By our definition, “battle scared” means that the damage done in combat is so severe that the injured party doesn’t push on.

It’s possible to be battle scarred without becoming battle scared.

People who are battle scarred start with an open wound that leaves only a scar over time. For people who are battle scared, it’s as if the wound never closes.

Mentally, the battle is still fresh in their mind. So they’re unable to fight again today. Two people can engage in the same battle and experience the same thing. One pushes on to fight another day (the battle scarred) while the other can’t live with the memories of the battle (the battle scared).

An example: the recent financial crisis

We have an example of a battle recently – the financial troubles rolling through the economies of the developed world. We all may feel a little battle scared at this point because it is still so fresh in all of our minds. It’s important to pause and reflect so we’re only left with the scars of the battle.

Learn the proper lessons
“Stocks are too risky.”
“Playing the stock market is no different than gambling at a casino.”
“It’s the government’s fault.”
“It’s the banks’ fault.”

These are the wrong lessons to takeaway from this battle. They are the reactions of the battle scared.

“I took on too much debt.”
“I spent more than I took in.”
“I didn’t create a safety net for myself.”
“I focused too much on what I wanted now and not enough on my future.”
“I should have seen that stocks were risky.”

These are the right lessons to learn from this calamity. The battle scarred will come away with these things in mind.

Make the proper adjustments.
“I’m going to close out my 401(k).”
“I’m never going to invest in stocks again; they’re too risky.”
“I won’t take any risk ever again.”
“You can’t trust anyone.”

These knee jerk reactions are common among the battle scared.

“I’m going to have an emergency stash.”
“I’m going to get out of debt.”
“I’m going to learn to allocate my portfolio so I get decent returns for the risk I’m taking.”

The battle scarred will make adjustments, but they won’t go from one extreme to another.

Giving up gets you nowhere
We have to keep fighting. We have to learn the right things from every battle so we can make the correct adjustments. We should gain wisdom from the battles we fight. That wisdom will help us win the war faster with more certainty.

If we become battle scared, we fail. We fail to take advantage of the opportunities that will present themselves in the coming days. We fail to reach our full potential. We must resolve to learn from our battles and make the adjustments necessary to win the next one.

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We’re so glad you stopped by today! Come back next time to learn how to get on the radio as an expert in your field. Until then, here’s to your bigg success!