Today we have an amazing story about a guy who started out just looking for some extra income with a part-time job but ended up turning it into a billion dollar business.
Click the player to listen to this episode of The BIGG Success Show Podcast. Below is a summary of our discussion.
Jim McCann started out as a social worker, which didn’t pay so well. So, in the early 1970s, he got a part-time job in a floral shop to earn a little extra money. In 1976, he took the plunge and started his own flower business.
Let’s go to The Professor’s Whiteboard as we break down 5 lessons learned from the part-timer who built a billion dollar business.
https://biggsuccess.com/wp-content/uploads/2008/04/from-part-time-job-to-billionaire-blog-post-image.png430448George Krueger & Mary-Lynn Fosterhttps://biggsuccess.com/wp-content/uploads/2015/07/BIGG-Success-Nurturing-Your-Inner-Entreprener.jpgGeorge Krueger & Mary-Lynn Foster2021-07-13 17:52:482021-08-09 14:10:01The Man Who Turned a Part-Time Job into a Billion Dollar Business
We caught an interesting piece on CBS Sunday Morning a few weeks ago. Not surprisingly, a lot of yacht owners have given up the boat as a result of the Great Recession.
A boat repo man said most of the yachts he recovers are from people “who weren’t as rich as they thought.”
BIGG success is life on your own terms. If material possessions are part of your definition, more power to you. However, a lot of people end up much poorer trying to feel richer than they are.
As an entrepreneur, your standard of living can also impact your business. You won’t have as much flexibility if you put an undue burden on your business finances by buying toys you don’t need.
You may miss out on opportunities. It may create unneeded stress. It can even lead to bankruptcy.
There’s nothing inherently wrong with enjoying the “good life.” You should enjoy the “fruits of your labor.”
This week on The Bigg Success Show, we’re taking a look at opportunities and threats in 2009. We begin the five-part series today by looking at careers.
We recently posted an article on hot careers for 2009. On today’s show, we want to share some more thoughts. It’s a tough market if you’re looking for a job or changing careers right now. However, rest assured, there will be opportunities in 2009.
In the near future, we think the best opportunities will be “pockets”. As we define this term, “pockets” are niches within a larger job category. To find the pockets of opportunity in 2009, think about what’s been in the news and what opportunities in your area of expertise may benefit from that news.
For example, while foreclosures and bankruptcies are wreaking havoc on many, they are also creating opportunities for others. The finance profession has probably been hit as hard, or harder, than most fields.
However, opportunity still exists for certain specialists. A friend of ours is employed by a major bank’s workout department. In the last month-and-a-half, they’ve gone from our friend and one other employee to a department with about forty employees.
Some of these opportunities may be really hot in the next year or two. Then it will be time to move to a different specialty.
Opportunities in 2009 and beyond
For the long-term, think trends. In the article we mentioned previously, we looked at careers that the Bureau of Labor Statistics expects to be in high demand for the next eight years or so. Then we refined it by looking at expectations for 2009, industry by industry.
If a downturn was expected in an industry, we excluded careers in that field from the list. For example, it’s expected that the casino industry will be hiring people at an above-average rate in the coming years. However, the industry isn’t expected to do well in 2009 so we removed jobs in that sector.
One trend we’re all familiar with is the aging of the baby boomers. As they reach retirement age, many career fields are expanding to serve them. One is the health-care arena where demand for workers isn’t expected to be saturated for some time to come.
Another field that plays into this trend is financial services. Especially in light of what we experienced in 2008, people are being more diligent with their investments. In particular, the baby boomers are looking for professionals who can advise them on crucial financial decisions.
These are just a couple of examples that play off this one trend. The full article has over fifty occupations with a bright outlook in 2009 and beyond.
Even if you’re not currently in the market for a job, you might find it valuable to take a look at this information. You may just discover your bigg opportunity.
___
Get the tips and tools you need to be a BIGG success when you subscribe to our weekly newsletter the Bigg Success Weekly – it’s FREE
___
Thanks so much for checking in with us today. Again, be sure to check out our extensive article on hot careers for 2009, you'll find over 50 professions listed. Next in our series of what’s hot in 2009, we’ll focus on business opportunities. Until then, here’s to your bigg success!
This week on The Bigg Success Show, we’re taking a look at opportunities and threats in 2009. We begin the five-part series today by looking at careers.
We recently posted an article on hot careers for 2009. On today’s show, we want to share some more thoughts. It’s a tough market if you’re looking for a job or changing careers right now. However, rest assured, there will be opportunities in 2009.
In the near future, we think the best opportunities will be “pockets”. As we define this term, “pockets” are niches within a larger job category. To find the pockets of opportunity in 2009, think about what’s been in the news and what opportunities in your area of expertise may benefit from that news.
For example, while foreclosures and bankruptcies are wreaking havoc on many, they are also creating opportunities for others. The finance profession has probably been hit as hard, or harder, than most fields.
However, opportunity still exists for certain specialists. A friend of ours is employed by a major bank’s workout department. In the last month-and-a-half, they’ve gone from our friend and one other employee to a department with about forty employees.
Some of these opportunities may be really hot in the next year or two. Then it will be time to move to a different specialty.
Opportunities in 2009 and beyond
For the long-term, think trends. In the article we mentioned previously, we looked at careers that the Bureau of Labor Statistics expects to be in high demand for the next eight years or so. Then we refined it by looking at expectations for 2009, industry by industry.
If a downturn was expected in an industry, we excluded careers in that field from the list. For example, it’s expected that the casino industry will be hiring people at an above-average rate in the coming years. However, the industry isn’t expected to do well in 2009 so we removed jobs in that sector.
One trend we’re all familiar with is the aging of the baby boomers. As they reach retirement age, many career fields are expanding to serve them. One is the health-care arena where demand for workers isn’t expected to be saturated for some time to come.
Another field that plays into this trend is financial services. Especially in light of what we experienced in 2008, people are being more diligent with their investments. In particular, the baby boomers are looking for professionals who can advise them on crucial financial decisions.
These are just a couple of examples that play off this one trend. The full article has over fifty occupations with a bright outlook in 2009 and beyond.
Even if you’re not currently in the market for a job, you might find it valuable to take a look at this information. You may just discover your bigg opportunity.
___
Get the tips and tools you need to be a BIGG success when you subscribe to our weekly newsletter the Bigg Success Weekly – it’s FREE
___
Thanks so much for checking in with us today. Again, be sure to check out our extensive article on hot careers for 2009, you'll find over 50 professions listed. Next in our series of what’s hot in 2009, we’ll focus on business opportunities. Until then, here’s to your bigg success!
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To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
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The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
This week on The Bigg Success Show, we’re taking a look at opportunities and threats in 2009. We begin the five-part series today by looking at careers.