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The Fastest Way to Be a Success

The fastest way to be a BIGG SuccessIt will probably sound a bit odd, at least at first.

It’s certainly counterintuitive, at least in part.

But it is the shortest distance between where you are now and the BIGG success that you dream about.

It requires you to be able to hold two conflicting ideas in harmony. So what is it?

Eliminate possibilities while keeping your options open.

Eliminate possibilities

When it comes to choosing your path through life, you are inundated with choices.

Every idea seems like a good idea. But most of them aren’t.

The key to reaching BIGG success as fast as possible is to eliminate your choices as quickly as possible.

We learned this from a venture capitalist. He said his job is to “get to no as fast as possible.”

Then you can move on to the next idea. Keep going until you have trouble saying no.

Then you can focus on the few ideas that are truly gems. Did you notice the key term in that last sentence?

Focus. That’s the reason to eliminate possibilities – to allow you to focus your precious resources on a few great ideas at a time.

Keep your options open

Now you’re ready for the conflict. As you develop the idea, you will gain more information.

Just what you needed, right? You did such a good job eliminating possibilities. Now you know more so you have more.

And that’s good news. It’s how you will deal with the unexpected.

BIGG success is about entrepreneuring your life. As an entrepreneur, you know you can’t predict the future. You create it.

You create it. with creativity. Your creativity helps you see new options to get to BIGG success faster.

Creativity. That’s what this second part is all about. It keeps you from hitting your head up against the same wall over and over.

Creative focus will help you reach BIGG success!

Image in this post from stock.xchng

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Does Your Career Affect Your Lifestyle or Vice Versa?

linkedHere’s a story we’ve been told our whole life:

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You choose a career.
You get a job.
It pays the bills.
Life is good.
You live happily ever after.
If you’re lucky. Because …

If you’re lucky, you love your job.
If you’re lucky, your work is stimulating.
If you’re lucky, there is room for growth in your chosen career. 
If you’re lucky, you earn enough from your job to support your desired lifestyle.
If you’re lucky, your job also affords you time to enjoy the fruits of your labor.
If you’re lucky, you realize that luck is only a small part of all of these things.

As the old saying goes, “It’s better to be lucky than smart.”

Lifestyle costs affect career decisions
However, smart decisions often increase your chances of getting lucky. And who doesn’t like to get lucky?

You get a job to support your lifestyle. But how does your lifestyle affect your career?

  • If the costs of your lifestyle put too much of a demand on how much you have to make, you may have to take a job that you don’t love just to pay for your lifestyle.
  • If your lifestyle consumes every penny you make, you may have to jump at the first offer that comes along instead of being able to select the job that fits you best.
  • You may have to take a job that takes up all of your time. You have no time to do anything else including things you love to do or spending time with people you love.

Find harmony between the two
The two are completely interdependent. Your career choices affect your lifestyle. That’s certainly true. But the piece that’s missing is that your lifestyle also affects your career decisions.

In other words, how you spend your money may determine how you earn money.

Bigg success is life on your own terms. The five elements of bigg success are money, time, growth, work and play. The bigg idea behind bigg success is that there is synergy between these five elements.

You are the entrepreneur of your life. It’s implicit in our definition of bigg success. You and you alone are in charge. Successful entrepreneurs understand that their business finances and their personal finances are linked.

Their business has to make enough money support them. But that’s only half the story. They also have to be careful that they don’t put too much of a burden on the business with their personal financial decisions.

Even if you aren’t an entrepreneur in the traditional sense, it’s helpful if you see yourself in business for yourself. You may have just one customer – your employer. Your lifestyle affects your career and your career affects your lifestyle. Find the harmony between them and you’ll find bigg success!

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Would you like more tips and tools to live your life on your own terms?
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Thanks for reading our post today. Please join us next time when we discuss the one thing you need to face challenges with confidence. Until then, here’s to your bigg success!

 

Direct link to The Bigg Success Show audio file:
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Can Happiness Buy Money

golden_eggWe’ve heard it again and again … money can’t buy happiness. According to the Beatles, it can’t buy love either!

But what if the order is reversed? Can happiness buy money?

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The latest research supports the notion that happiness can buy money[PDF]. It comes from a team effort with researchers from the University of Virginia, Michigan State University, and last but certainly the most, the University of Illinois. Okay, we’re biased but at least we admit it.

Happiness buys an extra $8,263 a year!

The researchers surveyed incoming freshmen at 25 elite colleges. We’re not sure how they defined “elite”, but we’re pretty sure it’s the schools we attended!

The participants reported their cheerfulness. 19 years later, when the participants were about 37 years old, the researchers asked them to report their annual income.

On average, the participants in the highest 10% on the cheerfulness scale earned over 15% more than those in the lowest 10%. In 1995 dollars, this was a difference of $8,263 a year, on average ($62,681 vs. $54,318).

Attitude to altitude

That’s a bigg difference. So not only can happiness buy you money, it can buy quite a bit of it! Apparently attitude does determine altitude!

That’s one of the bigg takeaways here. If we approach the days of our lives with the right attitude, we’ll be more productive. We’ll show more initiative. We’ll get more opportunities.

More money, less risk

We also found it interesting that the most cheerful participants were one-third less likely to ever be unemployed than the least cheerful. It appears that being of good cheer not only helps you be more prosperous, it reduces your risk as well. That’s a slam dunk!

And it flies in the face of conventional wisdom. We learn in business school that you have to take more risk to make more money. But as this study shows, you can make more money and actually have less risk with the right attitude!

That’s the bigg idea behind bigg success – to get all areas of our lives working harmoniously by finding synergy like what we see here.

Being too happy is costly

Here’s a surprising twist from this study: People who were moderately cheerful (above average on the researchers scale but not in the top 10%) earned the most on average.

They made almost 6% more than those in the top 10% and about 22% more than the bottom 10%. In 1995 dollars, that means they earned $3,563 and $11,826 more than the highest and lowest deciles respectively.

So being really happy leads to much better income than being really unhappy. But being happy instead of really happy is even better yet!

It turns out that Droopy had it right. He never said, “I’m really happy.” Just “I’m happy.”

Bigg Success is the community of bigg goal-getters. People who are usually happy, but never content. This research supports the notion that this “happy, not content” attitude leads to bigg success.

Thanks so much for checking in on us today. You can get more tips and tools to be a bigg success by subscribing to our free weekly newsletter.

Please join us next time when we’ll discuss what entrepreneurs have that MBAs don’t. Until then, here’s to your bigg success!

 

Direct link to The Bigg Success Show audio file:
http://media.libsyn.com/media/biggsuccess/00446-072709.mp3

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Great Bigg Ideas are Born Bad

By Bigg Success Staff
10-01-08

Growth

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Cavas Gobhai has consulted with some of the world’s largest companies. He helps them implement bigg ideas. Over the years, he has noticed something about ideas that succeed bigg. Here’s a quote from The Wall Street Journal:

"Big ideas don't get built incrementally. You back into big good ideas from big bad ideas."

Most good ideas may look a bit odd at birth. They may sound crazy or outrageous at first. But these bigg bad ideas are the seed for break-through ideas that help you succeed bigg.

We became familiar with Gobhai’s work through the book, The Predators’ Ball, written by Connie Bruck. One of his most famous clients, Drexel Burnham, ultimately failed for reasons that aren’t relevant to our discussion. However, during the time Gobhai consulted with them, they went from being a no-name firm to become one of the most formidable investment houses on Wall Street. 

While Gobhai’s techniques are largely geared for companies, we can also use these ideas in our personal lives. Here are nine steps to find your great bigg ideas:

#1 – Schedule time

If you don’t plan time for creative thinking, the odds are that it won’t get done. Dedicate a block of time at least every quarter to creative thinking. In a short time, you’ll see what a valuable investment this is.

#2 – Create the right environment

Some people think most creatively in absolute silence. Others work best with some noise. Whatever works for you works! Just make sure you place yourself in an environment where you can be most productive as you seek bigg bad ideas.

#3 – Accept spontaneity

While it’s important to dedicate time, it’s also crucial to develop a system to record your bigg bad ideas as they occur – on your commute, in the shower. Make sure you archive your bigg bad idea, whenever or wherever it pops into your mind.

#4 – Focus on challenges and opportunities

What’s the biggest challenge you face right now? What’s the biggest opportunity you have right now? Your opportunity may come from your own challenge or somebody else’s. By concentrating your energy on your biggest issues, you’ll move ahead further and faster.

#5 – Suspend reality

When you find yourself coming up with all of the reasons why something won’t work, suspend reality for a bit. Picture yourself free from all constraints – time, money, and your own self-imposed limitations.

Think about why it could be done and how you would do it. Don’t reject any idea out of the gate; remember that your great bigg idea will come from a bigg bad idea. In fact, allow yourself to think of it the opposite way – the more outrageous the idea seems at first, the better!

#6 – Use images

This is another Gobhai technique. Use pictures, drawings, metaphors, animals or anything else you can think of to bring your ideas to life. By visualizing your idea, you come to a deeper level of understanding. You may realize that your image isn’t right; there’s a better analogy. Fantastic! You might be moving from the bigg bad idea to the great bigg one!

In The Predators’ Ball, Bruck discusses a Drexel session with Gobhai. One of the Drexel employees suggested that most of their competitors operated like a pride of lions. These companies had a definite pecking order among their employees. As the group discussed this, they realized their model should be a wolf pack, where everybody would feast together. 

#7 – Form a Master Mind Alliance

Here’s the bad news – you don’t have all of the world’s best ideas. The good news is that you can align yourself with others to discover more great bigg ideas.

Napoleon Hill, in his great book, Think & Grow Rich, defined “master mind” as:
“Coordination of knowledge and effort, in a spirit of harmony, between two or more people, for the attainment of a definite purpose.”

Find people who skills and goals are complementary with yours. Play off of your different strengths to discover ways you can mutually succeed bigg.

#8 – Review all your ideas

At regular intervals, but no less than once a week, sit down and review your inventory of bigg bad ideas. Upon further reflection, you’ll be able to categorize your bigg bad ideas in three ways:

  • truly just bad ideas that won’t go anywhere. You can ditch these.
  • bigg bad ideas that don’t solve your most immediate challenges and opportunities. You’ll want to archive these ideas for future use.
  • bigg bad ideas that you can implement now. You’ll develop these further and act upon them.

#9 – Reduce your idea to buzzwords

For that last category of ideas, reduce your great bigg idea to buzzwords – a word or phrase that you can easily call upon. These words should excite you to act now. You’ve turned a bigg bad idea into a great bigg idea!

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5 Questions to Ask Before You Work with Your Spouse

By Bigg Success Staff
06-15-08

Work – Life Balance

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Here’s a way to integrate your personal and professional lives – work with your spouse. It’s a great way to spend time together while building a business and your careers.

Of course, just because you have a happy marriage doesn’t mean you’ll have a successful partnership. Not all couples can or should work together.

So how do you know if it might work for you? Sit down with your spouse and have a frank discussion about the following questions about your personal dynamic.

How did previous projects go?

Look at projects you have done together in the past. Two common ones are building a house or tackling a major home remodeling. These projects can be very stressful so they make a good test of how you will handle the rigors of business. 

Was it a smooth process?

If things went smoothly, that may be a good sign that you are cut out to work together. Business partners have to be able to get along to get ahead. You need a large degree of harmony if two people are going to work well together.

Do you agree too much?
If you agree about everything, one of you isn’t needed! Disagreement on how to proceed often leads to a better strategy than either partner originally imagined. It’s good to disagree; it’s bad to be disagreeable. That leads to our next question.

Was it rife with conflict?
As we just said, a certain level of conflict is good. However, if you fight each other every step of the way, it won’t work. Don’t even try to go into business together. You may consider each starting your own business, but you shouldn’t work together.

How did you handle conflict?

If you had a little conflict, that’s good. Now think about how you handled it. Were you able to discuss issues rationally? Did you reach an agreement on how to proceed? Were you both able to move on once you did? If so, you may be a good fit.

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

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