A collection of links to the very best articles, tips and tools for personal, professional and business success.

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Your Career Your Terms

Do you find yourself trying to make your life fit your career?

Wouldn't it be better if your career fit your life?

It all comes down to your terms.

We presented "Your Career, Your Terms" live via Skype video for CareerCampLA2010.

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Three Ways of Looking At Transition

By Dana Mancuso
Bigg Success Contributor
01-22-09

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I've seen photos of the presidential transition. You know the ones. The President and First Lady are followed as they walk around the White House in their last minutes before officially leaving office. All of them have had at least a tinge of sadness to them, even though by the time the president leaves office he has made new plans and is most-likely looking forward to the life ahead of him — complete with book deals and speaking engagements.

For me there have been very few transitions as abrupt as the last moments of a presidency. Most of my life has sort of evolved into the next phase of my life – much like seasons move seamlessly one into another. Yet a couple of them stand out. And both are job-related.

A new chapter

The first is my last day at a job that did not suit me. I gathered my small box of personal items and walked out the door, having only sent a short e-mail of thanks for the opportunity. I did not look back. There was no need. There were no fond memories to recall or to be wistful about. In fact, I walked quickly to the elevator in hopes that no one would say goodbye. I got to my car without incident and was quite happy to drive away into the next chapter of life.

A heavy heart
I left another job due to relocation with my husband. It was a different story. When that chapter ended, I was not only leaving a good job that I liked, but I was leaving the city, the entire area. I was leaving people I enjoyed and tasks I had been successful at. I was leaving hallways where I had laughed; a place where I had made friends and grown professionally.

I took in my surroundings carefully during the long walk to the elevator. My box of personal belongings was light, but my heart was heavy.

A combination
I can imagine that the President, as he exits the White House and drives off, will have a combination of both of my experiences, as do most of us at one time or another. He'll look back at places that remind him of decisions made or not made, actions taken, and people consulted with. He'll think of the impact he has had on the country in his job. He'll wonder how he'll be remembered by those who are staying behind and how he'll handle the next steps in his career.

Look Three Ways

Moving forward, moving on, transitioning, or whatever you choose to call it, requires three different types of looking:

Looking Backward
To be successful with any transition, you need to review where you've been. Take a hard look at what has happened to you in this phase you are leaving. What did you learn from it about yourself or about others?

Looking Around
What did you learn that you can take with you? What will you choose not to bring into the next phase? What will you put in your box of personal goodies that will be a good addition to your new life?

Looking Ahead
Ask yourself: What next? What do you want to become now?  What kind of “you” will best fit your new situation?

As we collectively move forward with a new leader, it's a good time to do a bit of looking. It's a time of major national transition, and perhaps it is a good time for us to make personal transitions as well. You can do this type of looking, not only at your professional life, but with personal relationships or even with goals you have been pursuing.

Take time to look and find the next you in the process! 

Hear today's lesson and laugh on The Bigg Success Show. 

 

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It’s the journey, not the destination

By Dana Mancuso
Bigg Success Contributor
01-06-09

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The United States Declaration of Independence could not have been a better predictor of America even generations later.

"…Among these are life, liberty, and the pursuit of happiness," it says.

Americans desire happiness. We've developed technologies, gadgets, appliances, and luxury items with the goal of having an easier, better, more exciting, "happier" life.

As the year-end holidays come and go, I can't help but think of what one might call Christmas Let Down. There is so much anticipation, activity and doing to get ready for whatever holidays you celebrate in December and early January. Then the holiday comes…and goes. And there is the inevitable let down. We sent the cards, got the gifts (returned/exchanged the gifts), ate the food– and yet it does not satisfy. No magic happiness showed up on our doorstep at the end of the rush as our prize for working hard to get it.

We have determined that we the hunters will pursue happiness until we catch it. Then we'll have it, put it on display. Like the 10-point buck forever mounted for us and everyone else to admire.

"Wow, Bob, that's the biggest happiness I've ever seen! Took you a long time to catch that, didn't it?"

We've gotten it wrong. The pursuit of happiness is the happiness we're pursuing. If we can't find glee in the anticipation, exhilaration in the activity, and delight in the doing, we don't really deserve the Christmas Day. 

It's sort of like a making a snowman. People actually go out and make a snowman and enjoy the process of making one. They are building it with friends or loved ones. They take pleasure in rolling the snowball or selecting the right nose. But with the holidays, the build up might be a chore, something to get through in order to actually eat the big dinner or have those guests over. Were we waiting for happiness to land in our laps in one fell swoop instead of building it as we go, bit by bit? Isn't it true that although we're sad to see the snowman melt, we remember how fun it was to create it, not so much what color mittens it had?

Thomas Jefferson worded it right. As we wrap up another holiday season remember this: continually pursue the pursuit—therein lies true happiness.

Hear today's lesson and laugh on The Bigg Success Show. 

 

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Top Threats to Your Career and Finances in 2009

By Bigg Success Staff
12-17-08

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We’ve all heard plenty of bad news recently, but the bad news now is that there is more bad news to come. While we must think about the opportunities in front of us, it’s also important to consider the threats to our careers and our finances so we can prepare appropriately.

Recession

Consumers, businesses, non-profits, and governments, all over the developed world, are learning a hard lesson about leverage. We will climb our way out of this recession but it will take some time. Before it’s through, it will be one of the, if not the most, severe recession since the Great Depression. 

Layoffs will continue. In most recessions, layoffs occur mostly at the bottom of the earnings / education spectrum. Expect this recession to be more evenly distributed, if not hitting higher end jobs harder.

Outsourcing

Companies will continue outsourcing, but here’s the difference. Manufacturing jobs have been getting shipped overseas for some time now. As fuel prices rose, there actually seemed to be a resurgence in companies bringing manufacturing jobs back on shore.

Now more white-collar jobs are at risk thanks in part to technology that allows information to be shared instantly from any place in the world with internet access. We found a great article that discusses the characteristics of jobs that can now be easily outsourced and jobs that can’t. It also lists what you can do to make yourself less vulnerable and provides a list of jobs by their level of risk to offshoring.

Deflation

Expect deflation to continue as everybody keeps a tight lid on spending, the credit markets remain relatively tight, and inventories of everything from housing to cars remain comparatively high. The good news is lower prices will remain, but …

Inflation

Governments in the developed countries have poured money into the world economy at unprecedented rates. At some point, once the credit markets loosen up and demand returns, inflation could become a problem.

We’ve just witnessed prices on everything from gas to groceries rising quickly. We could see it again. It will take wise leadership to know when to slam on the brakes on economic stimulus without tightening so much that another recession ensues.

If this happens, that cash stash will quickly lose its value. Investments in hard assets have typically performed well in times of inflation.

Delayed retirement

A number of retirees are being forced to look for work after the freefall of their portfolios. Even more people who planned to retire soon are putting those plans on hold because they need to bulk up their assets again before they stop working. This will create even more competition in already tight job markets.

Benefits

Employers are under intense pressure to cut costs. It’s reasonable to expect them to cut benefits. Even if it’s promised now, don’t count on having health insurance provided to you as a retiree. Even while you’re working, expect to cover a greater share of the premiums.

Also don’t be surprised if your employer cuts back or eliminates the matches on your 401(k). These aren’t the only benefits at risk, but they’re two of the most significant ones.

Access to credit

It won’t show up on your personal balance sheet, but your credit score will be an incredible asset. Cash will be king as long as prices remain in a deflationary state. At some point, cash along with the ability to access credit will open doors for opportunities that most of us will never see again in our lifetimes. 

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Hear today's lesson and laugh on The Bigg Success Show. 

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Hot Businesses in 2009

By Bigg Success Staff
12-17-08

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It’s not easy to succeed in your own business even in good times. So why would anyone consider starting a business now?

You might be surprised to know that many people think it is a good idea. They learn they can’t easily replace the income earned from a lost job and decide to try their hand at self-employment. In addition, after losing a job, a person might want to feel a stronger sense of control over his or her own life. Being your own boss may be the answer.

Whether you’re considering starting your first business or adding to your empire, it pays to think about what will be hot in the near future. Here are our picks for the best businesses to be involved in for 2009:

Repairs

Consumers and businesses are expected to cut back on their major purchases in 2009. So rather than replace their old do-hickey, they will repair that old do-hickey. This will create tremendous opportunities for repair businesses.

As an example, shoe repair shops are reporting incredible demand. This is a highly fragmented industry with lots of possibilities. How about a service that picks up and delivers shoes that need to be repaired? A good place to start your investigation would be the Shoe Service Institute of America

Reports are that more people are staying home more often. So home repairs of any kind should do well in the coming year since people will be home to see, hear, or smell the problems they may not notice in good times. For example, handyman services were booming even before the recent financial storm. They are expected to continue to thrive in the current economy.

These are just two examples of repair businesses that are likely to thrive in 2009. It is impossible to list all of the possibilities. So think about your own repair skills or find a partner who can do the repairs while you run the business. Then research the industry to see if the service you’re thinking about is experiencing growth right now.

Used

Consumers and businesses are also expected to purchase “used” more often in 2009. In fact, used may become chic in a world where frugality is a status symbol. So look for opportunities in industries that offer lower-priced second-hand products rather than something new.

If you have a flair for fashion, consider starting a resale clothing business. There are many possibilities even within this category. In most cases, these businesses are racking up sales almost as fast as they can get clothes on the rack. 

Beyond clothes, there are many more businesses that sell second-hand items that are reporting boom times. From books to office furniture, if there’s been demand for new products in the past, there is probably demand for used items now.

Think about what you like to buy and then do some research to see where it’s being offered second-hand. Don’t be discouraged if you see some competition. Instead, think about what you could do differently (and better).

Seniors

The baby boom is starting to retire. This will create demands for products and services for seniors like never seen before. Many of these businesses will thrive in spite of economic conditions.

Start a senior service business to and help seniors do things that they don’t know how to do, don’t want to do, or can’t do. There are a number of ways to service this large and growing market including starting a(n):

  • adult day-care center
  • relocation service
  • home health-care service
  • concierge service

You could also think about combining opportunities. By this we mean, you could target seniors with your new repair business or think about used items that would be useful to seniors.

Free agency

Here’s something to ponder – if you have a job, you essentially have one customer. What kind of security does that offer? We think it’s possible to have freedom with security.

The overwhelming majority of small businesses are micro-businesses, often consisting of a single person. We think more people will continue jumping on this free agency bandwagon in the years ahead.

So instead of going for a new job, why not try to land two customers that pay you what you would expect to earn from a single job? Take that special skill you have and market yourself as a specialist rather than an employee.

Like any business, it’s usually not easy to get started. While start-up costs can be minimal, you still need the financial resources to weather times with little income or you can start part-time. However, many people find the lifestyle of a free agent very rewarding.

Consider a franchise

Franchisors often state that, when layoffs occur, they get more prospective franchise buyers. So expect franchise sales to do well in the coming year. Another piece of good news is that many franchisors will be more likely to help with the upfront financing, directly or indirectly, in light of the credit markets.

In addition to that, when you think of investment alternatives (e.g. stocks, real estate), a franchise may seem like a good option. Many people may prefer to invest in something over which they feel they have more control after the volatility of the last year. 

Many franchisors offer a proven business model. They are often less risky than a new franchise system. However, there may be more opportunity in a new franchise system. You have to determine what is best for you. Start by learning how to buy a franchise.

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and get our FREE Goal Planning Workbook when you
Subscribe to the Bigg Success Weekly – it’s FREE too!

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Beware of scams

One word of warning – in tough economic times, scam operators come out in full force. Kiplinger has a great quiz that tests your ability to spot a scam. They present you with eight business opportunities, some which are legitimate and some which aren’t. See how you do!

Then apply this to the real world. With any opportunity you consider, trust your own instincts and do your own research. Prove to yourself that it is the right opportunity for you and the right time for the opportunity.

Hear today's lesson and laugh on The Bigg Success Show. 

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