Business Development Archives

4 Secrets to Business Success

November 29, 2022/in Business Development/by George Krueger & Mary-Lynn Foster

We celebrate our 15th year in business with a podcast that shares the secrets to our business – or really any business success. Click the player to listen to The BIGG Success Show. The summary is below.

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In today’s ever-changing business landscape, it’s hard to find a company that has been around for more than a decade. But BIGG Success is one of the exceptions.

Despite the challenges it has faced, our company is still going strong after 15 years. So how have we done it?

Let’s go to The Professor’s whiteboard for the 4 secrets to business success…

6 Steps to Go From Idea to Action

July 19, 2022/in Business Development/by George Krueger & Mary-Lynn Foster

Have you ever had an idea out of the blue, but didn’t know where to start developing it? On The BIGG Success Show, we tell the story of how one man is saving lives after putting an idea to action, and outline the steps he took. Read the show notes below.

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The idea spark

In 2008, a man who was traveling for business, thought of a question one night while in his hotel room, and called the front desk. He asked, “What happens to the leftover soap?” The response was that it was thrown away.

Shawn Seipler started looking at some numbers:

-millions of bars of salvageable soap were going to waste.

– thousands of young children were dying from hygiene-related illnesses every day globally

– studies showed that regular hand washing could cut those deaths in half.

Based on his research, Seipler felt compelled to do something, and when he got home he put his idea to action.

The Boy Who Found the Recipe for Success

July 14, 2022/in Business Development/by George Krueger & Mary-Lynn Foster

How do watermelons and donuts create a recipe for BIGG Success? Find out on this week’s BIGG Success podcast. Click the player to listen. Find the show notes below.

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Bill Rosenberg was nine-years old. He often tagged along to work with his dad, who owned a grocery store in Boston.

One hot summer day, Bill’s dad made the boy responsible for selling watermelons. If the nine-year old didn’t sell them, they would go bad.

Bill set up a stand in front of the store.

And he stood there. And stood there. And stood there.

People weren’t buying!

The young man wasn’t about to give up. His dad was counting on him.

But he realized that he needed to get creative. He thought about it. He looked around. He got an idea. Maybe this would work.

A Simple Technique to Find Your Business Idea

May 3, 2022/in Business Development/by George Krueger & Mary-Lynn Foster

Where do great business ideas come from?

A lot of people start by looking for the hottest business. It’s the wrong place to start.

Click the player to listen to this episode of The BIGG Success Show Podcast. Below is a summary.

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Where should you start? Begin with you. BIGG success is life on your own terms.

Once you get in business, you’ll be much happier with one suited for you. Too many people end up stuck in a business they detest.

You think a job is bad?

Try going to work every day in a business you hate, doing a job you abhor, for people you can’t stand.

But wait, it gets worse, because unlike a job, you can’t walk away. You have too much invested.

So begin by exploring your passions, preferences, and proficiencies. Of course, you can’t stop there.

Entrepreneuring is a matching process. You have to match your personality with a market opportunity.

How do you find a market opportunity?

At first, it will sound so simple. So simple, in fact, that you may write this whole post off.

And you’re right. It is simple. But the execution isn’t easy.

Many people get the first one sometimes. Most people never get to the second part.

Part 1: Look

You never know when or where it will happen – opportunity presents itself.

So look around. Watch the world in front of you. Observe.

What problem would you like solved?
What would you buy if only it were offered to you?
How could you improve what you already buy?

Part 2: Listen

Don’t limit yourself to just your eyesight. Listen for business ideas.

What problems do people around you have?
What don’t they have that they would like to have?
What experiences have they been dissatisfied with recently?

Let’s pull out the Professor’s whiteboard for: A simple technique to find your business idea.

Too many people who want to get into business ask the wrong question.

The wrong question is: How can I make money?

Successful entrepreneurs ask: What problem can I solve?

The simple technique is to look and listen for problems that need to be solved. Then find a way to solve them profitably and you’ll have a business idea that leads to BIGG success!

George “The Professor” & Mary-Lynn
Co-Founders, BIGG Success

Direct link to The BIGG Success Show audio file | podcast:
https://traffic.libsyn.com/biggsuccess/01097-050322.mp3

3 Missed Opportunities When Starting a Business

January 12, 2022/in Business Development/by George Krueger & Mary-Lynn Foster

As BIGG supporters of entrepreneurship, there are things we see new entrepreneurs often get wrong. This week, we’ll share some of the advice we give our clients to help them avoid pitfalls and missed opportunities.

Click the player to listen to this episode of The BIGG Success Show Podcast. Below is a summary.

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According to Google’s Year in Search 2021 trends, more people searched “how to start a business” then “how to get a job.” We learned of this trend via a tweet from Shopify President, Harley Finkelstein, who predicts that, “This is not just the year of the entrepreneur – this is the start of a new era where being an entrepreneur is people’s first choice for a career.”

We’ve we’ve preached this for years that even if you have a job, it pays to have a business on the side – something that is yours that gives you control of your future.

With that in mind, let’s go to The Professor’s whiteboard for the three missed opportunities when starting a business…

Archive for category: Business Development

The idea spark

How do you find a market opportunity?