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3 Barriers to Success

Written on November 15, 2011 by George Krueger & Mary-Lynn Foster in Personal Growth

BIGG success is life on your own terms. You own your life.

It’s your enterprise. And you are the entrepreneur in charge.

So it’s up to you to take control to define, design, and develop the life of your dreams.

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Your definition of BIGG success

Our definition of BIGG success doesn’t make judgments.
It’s not up to us. It’s up to you.
It’s not up to others. It’s up to you.

However, it is BIGG success. And you’re a BIGG goal-getter. You won’t be content with ordinary success. You’re special. You’re a winner.

And you’re independent. You think for yourself. You don’t worry what others think or say. You’re going to do BIGG things.

You’ll show them. You will reach BIGG success. And when you do, you’ll be able to say that you’re a self-made man or woman.

It’s part of your definition of BIGG success. You have to make it on your own.

But you won’t. We know. You’re shocked to here us say that. But stick with us.

Losing advantage

Picture a person who is looking for a new job. The perfect opportunity presents itself. It’s the right job in the right career in the right company in the right industry. She knows an influential person at the company. But she doesn’t contact them. So she doesn’t get the job. She never even got an interview.

We’ve witnessed this type of situation a number of times. There are a variety of reasons why people lose advantage by a poor definition of BIGG success.

Today we’ll talk about three of them:

They lack assertiveness

They don’t want to be a bother. They’re too shy. They worry too much about what other people think.

You have to get over it. People want to help you. It’s in our nature. But nobody can read your mind. So you have to let us know what’s on your mind so we can lend a hand.

They’re insecure

They think asking for help will make them look weak. It doesn’t. When you ask for help, you show how strong you are. You’re confident enough to admit you need assistance from others.

They’re too proud

We learn from the Bible that “pride comes before the fall.” We think it just applies to being too proud of your accomplishments and not showing the proper gratitude.

But sometimes the fall is imperceptible. You’ve fallen and you don’t even realize it. You fall short of reaching your full potential. Or you waste time and don’t reach it as fast as you could. So you don’t fully live up to your reason for being.

So don’t be afraid to reach out to others. Interdependence, not independence, leads to BIGG success!

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Tags: assertiveness, audioblog, bigg success, career, entrepreneur, george krueger, goal getter, interdependence, mary-lynn foster, the bigg success show

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A Technique to Cut Costs

Written on September 30, 2009 by George Krueger & Mary-Lynn Foster in Money

spending Here’s a concept that business owners often struggle to really understand: Every penny you spend is an investment.

We’re used to seeing investments show up on our Balance Sheet. We buy a new computer and we see it added there.

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Hear George & Mary-Lynn share a cost cutting technique on The Bigg Success Show! Click the player to listen: Play Now | Play in Popup | Download

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When we spend money on advertising or office supplies, it shows up on our Income Statement rather than our Balance Sheet.

But we’re still spending money. It’s an investment for the purpose of increasing our sales.

The financial statement on which it shows up on is based on accounting rules. We have to understand that we are spending the money with the purpose of increasing sales.

Interdependence of business and personal finances

While we say business owners, this concept applies to our personal finances as well.

As a business owner, particularly a business owner who owns 100% of your firm, your business finances and personal finances are completely linked.

Not in a legal sense – you’ll want to talk with your attorney to select the right entity for your company – but in a philosophical sense.

Your business has to do well or it will affect your personal finances. We all get that.

What a lot of people forget is that their standard of living may affect their business. If you spend too much personally, you put more of a burden on your business to produce more income for you to take out of the business. It can really add to the pressure, particularly for a start-up business.

In our personal lives, every penny we spend should add to our happiness. If it doesn’t, it’s not a worthwhile expenditure.

Start from scratch

There’s a technique that helps you decide if the returns you’re getting are sufficient. It’s called zero-based budgeting.

For every line item on your Income Statement, you assume you don’t need to spend any money. Then you add to it for the outlays you determine will give you the return you desire.

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george I do this in my businesses every three years. Costs can creep in. You commit to this service or that program. It all adds up. Instead of doing it all every three years, you may pick a few line items every year for review. Just make sure you cycle through all of them every few years or so.

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marylynn Let’s take an example that applies to our businesses and our personal lives – our cell phone. I might ask myself: Do I need the package I currently have or could I cut back? Do I need unlimited texting?

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You’ll also consider alternatives. If you weren’t spending this amount of money on your cell phone, what might you spend it on? You might find you could increase sales faster or be a lot happier if you spent this money on another thing.

You might decide to increase your long-term happiness and invest this newfound money. That may make you happier now and then.

By justifying the expense all over again, away from the emotional point of purchase, you’ll spend your money on what you really want. You’ll get the returns you seek. That’s bigg success.

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