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Reinvent yourself for BIGG Success

How To Reinvent Yourself in Today’s Fast Changing World

Reinvent yourself for BIGG Success

Listen to this post! Click play to hear George & Mary-Lynn on The BIGG Success Show (Duration 6:22)

We recently attended a party for a colleague who celebrated 35 years working for the same company. And during the event, even he said most people don’t experience work anniversaries like this anymore. And how many of us believe the work trends will take us back to that? Not many.

It used to be that you could settle on a career path, find a company you like, and work until retirement. But today, between the economy and disruptive technology, job security is a thing of the past. We have to be nimble, pay attention to industry trends, and be ready to shift.
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Sigining Time

How This Mom’s Mission Became a Booming Business

Sigining Time

Listen to this post! Click play to hear George & Mary-Lynn on The BIGG Success Show Podcast (Duration 3:05)

Imagine a playground full of kids playing. Now imagine your child standing all alone. No one will play with her, and she doesn’t understand why.

That’s exactly what happened to Rachel Coleman and she says she will never forget watching her daughter, Leah experience that. The reason the kids wouldn’t play with her wasn’t because they were being mean, it was because they didn’t know how to communicate with her. You see, Leah is deaf.

A mission was born for this mom: teach sign language to her community so that her daughter wouldn’t feel isolated. Rachel would go to churches and schools as often as she could to do that.

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dollar sign

Why Social Entrepreneurship is a Waste of Time

dollar sign

Today we want to tackle a very controversial subject. More specifically, we want to take a position which may be controversial.

BIGG success is life on your own terms. So we pay a great deal of attention to terms.

The term we want to talk about today is “social entrepreneurship”.

It’s a popular term, a buzz word even. People say with pride, “I’m a social entrepreneur” or “I want to be a social entrepreneur.”

Wikipedia defines a “social entrepreneur” as “someone who recognizes a social problem and uses entrepreneurial principles to organize, create, and manage a venture to make social change.”

Let’s deconstruct just one part of that definition – the term “social” as an adjective.

Among other definitions, Merriam-Webster defines “social” as “tending to form cooperative and interdependent relationships with others.”

The problem with social entrepreneurship

So here’s the problem – here’s why we say social entrepreneurship is a waste of time: It’s redundant.

  • ALL entrepreneurs are social entrepreneurs.
  • ALL entrepreneurs exist to serve society.
  • ALL entrepreneurs must recognize a social problem – a problem affecting the welfare of a group of human
    beings.
  • ALL entrepreneurs must use entrepreneurial principles to solve that problem.
  • ALL Entrepreneurs add value in the lives of others to create value for themselves.

All entrepreneurs need money

Now, some entrepreneurs have a profit motive while others don’t. But they all have to find funding somehow.

Some entrepreneurs raise capital to get a venture going and then repay it from profits. Other entrepreneurs rely on donations of time and/or money to get a venture going. But they must find a steady flow of cash from somewhere.

But to describe one activity as social and the other as not is a mislabeling.

ALL entrepreneurs are social because ALL entrepreneurs try to help a group of people.

Profit is not a dirty word

Entrepreneurs who forget this basic tenet of entrepreneurship are the ones who fail. Novices often go into ventures only thinking about how they will make money. You have to think about the people and their problem.

Of course, you have to think about the money too – whether you’re starting up a for-profit venture or not. And don’t ever forget:

Profit is not a dirty word. Every entrepreneur – for profit or non-profit – has to find a money trail to sustain their operation.

But focus on the problem first. Then figure out your funding and your cash flows.

Once you know how to create value for yourself by adding value for others, you’re ready for BIGG success!

Do you think “social entrepreneurship” is redundant?

Direct link to The Bigg Success Show audio file | podcast:
http://traffic.libsyn.com/biggsuccess/00839-120612.mp3

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Rules for Successful Entrepreneurship: Lessons from 5 Leaders

5 lessons from leaders for BIGG SuccessBillionaire entrepreneurs are a breed apart. They got to where they are today through hard work, quick thinking, good instincts, and trial and error decision-making. But in their journey, they made a right decision along the way, or met a crucial mentor or pursued a certain vision. By doing this, they turned a business idea from a gut feeling into a billion dollar company.

GoDaddy, Go!

Bob Parsons is the founder of GoDaddy, one of the country’s largest web registrars. In a summer 2012 article, Parsons listed his 16 tips for survival. Two of the most memorable of them are closely related and serve well to list both here:

  • “Almost nothing works the first time it’s attempted. Just because what you’re doing does not seem to be working, doesn’t mean it won’t work. It just means that it might not work the way you’re doing it. If it was easy, everyone would be doing it, and you wouldn’t have an opportunity.”
  • “There’s an old Chinese saying that I just love, and I believe it is so true. It goes like this: “The temptation to quit will be greatest just before you are about to succeed.”

Keep It Simple

A new book on the late Steve Jobs, Apple’s co-founder, describes his tenacity to trim back and keep things simple. In Insanely Simple: The Obsession that Drives Apple’s Success, author and Jobs’ former creative partner Ken Segall wrote that Jobs used simplicity as his secret weapon.

“Simplicity means products (Apple II, the Macintosh, iPod) that consumers not only understand, but bond with right out of the box,” wrote Segall. “Throughout Jobs’ career, it meant “insanely great” innovations such as human-oriented design, graphical computer interface vs. the dark mysteries of MSDOS, one button instead of two. He elevated usability to an art, and elegant design to a competitive advantage.”

Mr. Trump

Real estate mogul and TV personality Donald Trump has been well-quoted on his ideas of leadership success. His is a story of American success via hard work and a dose of celebrity and New York braggadocio, not a bad combination when you think about it. Some of his key success tenets include:

If you love what you do, you will work harder. You will enjoy your business and your life. You will spend the time to know your business inside out. You can brag about what you are going to do but if you do not bring the goods to the table, you will be knocked down.

High Fliers

One of the modern era’s most driven entrepreneurs must be Sir Richard Branson, who has charged his business ideals with personal adventure habits that have included skydiving, ballooning and sailing adventures. Richard Branson outlined his top five business principles in a BBC radio interview:

  1. If you don’t enjoy it, don’t do it. You must love what you do.
  2. Create something different that will stand out.
  3. Your employees are your best asset. Happy employees make for happy customers.
  4. Lead by listening: Get feedback from your staff and customers on a regular basis.
  5. Market the company and its offers by putting yourself or a senior person in front of the cameras.

And lastly, one of the greatest investors of our time Warren Buffet once compiled his list of ten winning rules. They are all worth reading, but the first rule is valuable to all of us. “Reinvest Your Profits – When you first make money, you may be tempted to spend it. Don’t.  Instead, reinvest the profits.” Buffett started reinvesting profits early on from a pinball business, and soon enough, was able to reinvest in stocks and start other businesses, eventually running the massive Berkshire Hathaway.

Author Bio
Jennifer Lewis writes about social networking and business, especially as they relate to education. She lives in the New England area and loves all snow-related sports.

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The Power of We Begins with Me

Blog Action Day | BIGG SuccessWe’re thrilled to participate in another Blog Action Day. Bloggers and podcasters like us from around the world and across the internet all post about a single subject.

And fittingly, this year’s theme is “The Power of We.”

Now that’s a theme we can get behind. In fact, our biggest challenge has been to filter through all of our BIGG ideas about this subject!

Listen to this post! Click a player to hear George & Mary-Lynn on The BIGG Success Show Podcast.
(Duration 5:00)


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[haiku url=”http://traffic.libsyn.com/biggsuccess/00832-101512.mp3″ title=”The BIGG Success Show #832″]
The first Blog Action Day was in 2007. BIGG Success wasn’t around when they did it so we first participated in 2008. The theme that year was poverty.

Collaboration across continents

We bring this up because we talked about collaboration across continents that year. It was about a group of farmers in Ohio working with a group of farmers in Kenya to end poverty in a village of 5,000 people.

The power of we!

This amazing feat was started by the vision of one man – the minister in the village in Kenya. He didn’t want his people to be dependent on outsiders supplying food and other essentials.

Now we want to share two stories:

The Women Roofers

The Women Roofers are professional women – in the Rutherford County, North Carolina area – who voluntarily ban together to help people who can’t help themselves.

The power of we!

When a recent widow with no money found herself with a leaky roof, she made one phone call. The Women Roofers showed up in days, according to a story on CBS News.


Nell Bovender is the driving force behind the group. She arranges for donations of supplies and organizes the volunteers, who – in most cases – have never hammered a nail in a single shingle.

That doesn’t slow this group of BIGG goal-getters down one bit! They saw a problem and they’re fixing it one rooftop at a time.

Code for America

Code for America is also known as “The PeaceCorps for Geeks”. Tech stars take a year off to work here in the States, helping government use technology to solve persistent problems.

Founded by Jennifer Pahlka, this group built an app for the city of Boston that made a game out of keeping fire hydrants clear of snow. Citizens adopted a fire hydrant.

They could name it. They could paint it. But they had to shovel the snow away from it or risk losing their beloved hydrant.

It went viral – Honolulu now uses it to make sure their tsunami sirens have good batteries in them. Seattle uses it for storm sewers. In total, nine cities are using this app today.

They can do it faster and cheaper than government. In Jennifer’s TED talk, she offered another example – software to help parents decide which public school was best for their kid.

Through normal channels, this would have taken two years and $2 million dollars. Three people from Code for America only required two-and-a-half months.

The power of we!

The power of we begins with me!

But we haven’t told you the rest of the story. Jennifer closes her TED talk by saying we need to lend more than a voice. We need to lend a hand.

The power of we begins with me! To fully capitalize on the tremendous power of collective action, we must all take individual responsibility.

  • We can’t look at a situation and just complain. We have to be willing to take action as well.
  • We can’t wait for someone else. We have to be the one. In all the stories we shared here, there was one individual who inspired other individuals.

The power of we begins with me!

You can’t take on the problems of the world. But you can take on a problem in your corner of it. That’s BIGG success!

What are your experiences with the power of we?

Direct link to The Bigg Success Show audio file | podcast:
http://traffic.libsyn.com/biggsuccess/00832-101512.mp3