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The 5 Elements of Bigg Success

life on your own termsLast time, we talked about how the words we use, the terms, can provide fuel for our bigg success. It’s all part of the definition of bigg success. Bigg success is life on your own terms.

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As we conducted our research, we discovered five core elements that propel people to bigg success or that keep us from living our lives on our own terms.

The 5 elements are money, time, growth, work, and play.

They operate independently and interdependently all the time.

Money

As we surveyed people, some of the issues regarding money were:

  • not making enough
  • spending too much
  • not saving enough
  • not knowing how to invest it

Time

We can get more money, but we can’t get more time. So time is our most precious resource.

Some of the issues we’ve heard in regards to time include:

  • not knowing how to prioritize
  • being too stretched between work and home
  • wishing there was more time for a certain activity
  • a to-do list that just keeps growing

Growth

Growth is vital to becoming the entrepreneur of our own lives. As we talked about this with people, we found that fear often holds us back because bigg success often forces us out of our comfort zones.

We also heard about challenges with certain essential skills – not the type of skills we learn in school – but the soft skills that are crucial in the 21st century economy.

Work

This is one of the most important decisions we make. Yet it’s definitely not a once-in-a-lifetime decision any longer. To be a bigg success, we must constantly evaluate our situation to see if a career change makes sense.

One of the most critical choices we make is whether we choose to work for ourselves or for someone else. We are the entrepreneurs of our own lives. But do you want to be an entrepreneur in the traditional sense of the term as well?

We obviously face a lot of challenges here as we learned from our research. Some examples:

  • How do I know if I need to change jobs or think about a career change?
  • Am I ready to start my own business?
  • What do I do if I’m really unhappy where I’m at?
  • How do I make money doing what I love?

Play

Play helps us build vital relationships. It also provides the experiences that make our lives whole.

Many people don’t achieve bigg success quite simply because they don’t play enough! All work and no play, you know! It not only makes us dull, it dulls us.

Another challenge with play is finding time for just ourselves as individuals as well as the people that we care about.  

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You can’t have one without the other (four)

What we love about these five elements is how they work interdependently.

Money and time – the two resources we all have.

Work and play – the expressions of who we are.

Growth – the element that links it all together to drive us to bigg success.

We spend time at work to make money so we can afford to play. But if we spend too much time at work, we don’t have time to play! We may spend money to get more time, or we may have to spend more time doing something we’d rather not do because we don’t have the money. With a little growth, we could make that money so could spend more time doing what we want.

Back to the future

The idea behind these five elements and how they work together is the well from which we’ll be drawing for upcoming posts. We’ll focus on the challenges we all face and the opportunities we have to live life on our own terms.

So what does life on your own terms mean to you? What challenges are you facing right now in your quest for bigg success?

You can share that with us by leaving a comment below, calling us at 888.455.BIGG or sending us an e-mail at bigginfo@biggsuccess.com.

We’ll take the most common challenges and do a show about them. We’ll also highlight how people are living life on their own terms.

So this is your opportunity to get in on the fun!

Thank you so much for checking in on us today.

Join us next time as we wrap up this series. We’ll discuss the bigg idea behind our definition for bigg success.

Until then, here’s to your bigg success! 

Subscribe to The Bigg Success Show in iTunes. 

Subscribe to the Bigg Success feed.

Direct link to The Bigg Success Show audio file:
http://media.libsyn.com/media/biggsuccess/00359-032609.mp3

Related posts

What is Bigg Success?

Own Your Life

The Power of Defining Your Terms

The Bigg Idea Behind Bigg Success

Creating Wealth in the Next Generation Economy

balance Last century, we saw wealth created by large companies using economies of scale to keeps costs low so they could dominate markets. In the next generation economy [pdf], new wealth will be created by entrepreneurs through a network of great relationships built on trust.

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Trusting relationships will save you time and make you money. The question is, “How do you build this trust so you can build relationships?”

There’s a concept called equal consideration of interests – you place your interest equal to the other party. That sounds so simple, but we believe it deserves emphasis.

Win / lose. “I win, you lose” doesn’t work because it doesn’t build the trust that is necessary to have good relationships in tomorrow’s business world. Yet there are a lot of people who place their interest above everybody else’s.

Lose / win. “I lose, you win” ultimately fails because fulfilling relationships can’t be one-sided. Eventually frustration leads to anger and the relationship (if that’s what you call it) dissolves. Yet there are a lot of people who place everybody else’s interest above their own.

Neither one is the best path to building fulfilling relationships. There is a better way …

Win / win.
This is the perfect combination in today’s business world. Win / win is equal consideration of interests. Even if it benefits me, I won’t do it if it hurts you. We’ll work together to find a better way that is mutually beneficial. That’s the key to innovation – another 21st century necessity. What works today won’t be good enough tomorrow. By working together, we can find a better way than either of us could find on our own.

Moving quickly on a new venture

We just launched a new offline venture. We had an idea for a product. We talked it over with people in our network. Based on their recommendation, we revised it … a lot! But it was much better. We reached out to potential strategic partners and got them in place. Last week, one of those strategic partners began selling our product across the nation.

It probably would have taken us six to twelve months to do this if we didn’t have the right relationships in place. Instead, this all happened in about two months. That’s another 21st century mindset – once you spot an opportunity, you have to move very quickly.

It’s hard to do that if you have to develop the concept from scratch. You need to reach out to people and firms who have the infrastructure in place to help you capitalize on it. If they aren’t already in your network, it will take longer. So building trusting relationships is essential. But there are (at least) two points to consider …

Relationship building is a long-term investment.

It takes time to build your network. We have years of goodwill built up with some of our strategic partners. This helps get revenue-generation going quickly once you have the right idea. Don’t wait to build your network until you need it. It will probably be too late then. Make relationship building an everyday thing.

Trusting people solve problems quickly.

When you trust your partner and your partner trusts you, problems can be solved much more easily. As we’ve had issues, we’ve been able to deal with them very quickly. We can hear our partners considering our interests along with their own; they can hear us doing the same thing.

The best way we know to capitalize on an opportunity quickly is when two or more people, with trust already in place, consider their interests equally and seek mutually beneficial solutions. It’s the way to create wealth in the 21st century!

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Get the tips and tools you need to be a BIGG success!
Subscribe to the Bigg Success Weekly – it’s FREE!

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Join us next time as we celebrate our one year anniversary! Until then, here’s to your bigg success!

Subscribe to The Bigg Success Show in iTunes. 

Subscribe to the Bigg Success feed.

Direct link to The Bigg Success Show audio file:
http://media.libsyn.com/media/biggsuccess/00262-111108.mp3

Related posts

Relationship Building Blocks

Failure to Do This Harms Relationships

3 Keys to Effective Networking

(Image by darktaco)