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5 Lessons for Entrepreneurs From the Collapse of Woodstock 50

image of woodstock art with the blog post title: 5 lessons from collapse of woodstock 50

We look at a recent Rolling Stone expose about the collapse of Woodstock 50 and share five lessons for entrepreneurs to never forget.

Brought to you by Plenty of money…for life!

On The BIGG Success Show, we discuss the pitfalls which sank Woodstock 50 and share five lessons for entrepreneurs. Here’s a summary of that discussion…
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Getting banged up for BIGG Success

Why Getting Banged Up is a Good Thing

Getting banged up for BIGG Success

Getting banged up is a part of life as a kid! Hear George & Mary-Lynn share their stories on The BIGG Success Show Podcast (Duration 5:40)

We probably all have stories of getting banged up during recess: A fall from the monkey bars, a touch football game that got a little rough, or the sting of catching a line drive during kickball. But boo-boos come with growing up. Or at least they used to.

One school thinks recess can be dangerous, so they’ve banned footballs, baseballs, lacrosse balls, or anything that might hurt someone on school grounds. Oh, rough games of tag, or cartwheels are out too unless supervised by a coach – all to prevent injuries.

Some might argue the real injury the school is trying to prevent is one to the pocketbook via frivolous lawsuit. But we’ll go with the reason that they say which is they want to protect the kids from getting banged up. But are they protecting, or hindering?

Getting Banged Up to Overcome Fear

Think back to a game you played as a kid: baseball, football, soccer. In every case, you probably got hurt in some way.

[ML] I played 3rd base for a softball team, and took a hard grounder to the shin. It hurt and made me fearful of the ball coming at me. My coach pointed out that I hadn’t placed my glove correctly to stop the ball and worked with me to overcome that fear and become a better defensive infielder.

[GK] I made the winning catch during a football game right at the end of recess, but I had to dive to catch it head first into a fence. After I stood up to celebrate, one of my friends told me I was bleeding. I had a cut just above my eye and still have the scar today! But hey, sometimes it hurts to be a success.

Getting hurt can provide an opportunity to learn. If kids are “protected’ from this, they’ll only know the fear, therefore they won’t try.

Getting Banged Up Makes You Stronger Mentally

We live in a rough and tumble grown-up world filled with highs and lows, wins and losses, acceptance and rejection. It’s important to know who you are and what you want so you can keep your chin up.

Isn’t it amazing how those games played during recess as a child taught you things about yourself? What kind of role did you play on the team? How did you feel after a win or a loss? What strategies did you come up with for the next game? Who did you look up to, and why?

There’s a lot to learn from a good competitive game. When the game was on the line, and the quarterback threw a pass to you and you (unlike George) dropped it, how did you handle it? How did you get over it? These things happen. We all drop the ball from time to time in life.

We think you’d agree that it’s nice to have experienced this feeling as a child, and not for the first time as an adult!

The playground isn’t just a place for kids to run around and let loose. It’s also one of the first places where through games, and occasionally getting banged up, that they begin to learn important life lessons that lead to BIGG Success.

What did you learn on the playground as a kid?

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It Takes Five Balls to Be a Success

life requires some juggling for BIGG SuccessA man died in our next-door neighbor’s front yard a while back. He was forty-two years old.

Another neighbor, who happened to be driving by, saw the man lying on the ground. He approached him and saw that he wasn’t breathing. He called 911.

Firefighters responded first and began to perform CPR. Before long, an ambulance arrived. They tried and tried to get him to respond, but to no avail.

He was riding his bike and apparently had a heart attack. A different neighbor had seen him wandering around but thought he was waiting for the bus. That’s about all we know.

Life is precious. It is a gift.

The Lesson of the Five Balls

So we want to share a life-giving story that we love. It’s a story that’s been told for years. But Bryan Dyson popularized it in his commencement address to the graduating class at Georgia Tech University in 1991. He was the CEO of Coca-Cola Enterprises at that time.

(A similar version of this story was published in Suzanne’s Diary for Nicholas by James Patterson about ten years later. In that version, “integrity” was used instead of “spirit”.)

“Imagine life is a game in which you are juggling five balls: Work, family, health, friends and spirit. You’re keeping all of these in the air and you will soon understand that work is a rubber ball. If you drop it, it’ll bounce back; but the other four balls are made of glass. If you drop one of these, they will be irrevocably scuffed, damaged, or even shattered. They’ll never be the same. You must understand that and strive for the balance in your life.”

Dyson goes on with some suggestions on how to do this:

“Don’t take for granted the things that are closest to your heart, because without them life is meaningless.

Don’t let your life slip through your fingers by living in the past or for the future.

Don’t give up when you still have something to give.

Don’t be afraid to admit that you are less than perfect.

Don’t be afraid to encounter risk.

Don’t run through life so fast that you forget not only where you’ve been but also where you’re going.

Don’t be afraid to learn.

Don’t use time or words carelessly; neither can be retrieved.”

We’ll close with a quote, part of which we’ve seen attributed to Bryan Dyson:

“Life is not a race, but a journey to be savored each step of the way. Yesterday is history. Tomorrow is a mystery. Today is a gift; that is why we call it the present.”

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How to Deal with Rejection

rejection | BIGG SuccessRejection can be brutal. Some people take it better than others.

BIGG success is life on your own terms. But even if you’re living the BIGG life, things won’t always go your way.

You won’t reach the BIGG success you crave if you let rejection get you down.

So here are 4 tips to help you deal with rejection:

Stay confident

When you’re comfortable in your own skin, you won’t take rejection personally. You’ll accept it as part of your journey to BIGG success.

You’ll keep trying – one more thing, then one more. That’s what you have to do to succeed BIGG!

And don’t forget to take a confidence booster.

It’s a numbers game

What if you knew that every time you got a “No”, you were one step closer to “Yes”?

The most celebrated authors know this. So do actors and other entertainers.

It’s also true of job seekers. And sales people. And entrepreneurs.

See “No” as a positive – it means you’re one step closer to success!

Don’t take the rejection personally

It’s them. It’s not you.

That’s our fun way of saying it’s highly unlikely that they’re rejecting YOU.

We know this isn’t easy sometimes. It’s easy to listen to that little voice that tells you that it’s all about you.

Tell it to shut up! It’s really important to do so if you’re going to benefit from the rejection.

Yeah, that’s right…you can benefit from the rejection.

Try to find out why

If you take it personally, you won’t look for the reason underlying the rejection. Then you’ll get caught in a vicious circle.

You’ll be more likely to get rejected again because you’re not learning anything from each rejection.

You want to understand why it occurred so you can answer this question:

Is the reason for the rejection something you can control?

Maybe it’s the offer.

Or the presentation.

The design.

The wording.

Their circumstances.

Or any number of other things.

If you can’t find out why, or it’s something you can’t control, keep pushing.

If you do find out and it’s something you can control, celebrate the rejection!

You can make the necessary changes and try again. It’s how you find BIGG success!

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Small Businesses Can Sell the Black Friday Way

black_fridayHere we are … it’s Black Friday – the day when, historically, retailers get into the black. So they’re hoping that people shop, shop, shop.




marylynnBlack Friday has almost become a sporting event. I just don’t enjoy shopping that much so it’s not for me. But plenty of people sure do enjoy trying to find that irresistible bargain.



georgeI don’t like standing in line for anything but I especially don’t like doing it to spend money! Crowds are great – at a concert or a ball game!


In honor of Black Friday, we want to talk about merchandising in your business. We’ll discuss four lessons you can learn from retailers about selling your wares.

Price check in Lane 123
If you’re a true retailer – you buy goods at wholesale and resell them – it’s easy to determine your cost.

If you’re a service business, it’s more difficult. But you have to know how much anything you sell costs or you risk charging too little. A lot of small business owners fail for this very reason. 

Attention K-Mart Shoppers. There’s a blue light special on …
K-Mart had scrapped this program. They brought it back earlier this year.

Surprise your good customers with a special deal now and then. We heard about a car dealer who would occasionally pick a customer whose car was getting serviced and give them their service that day for free. It created tremendous goodwill.

It would be a customer who had bought the car from him and did all their service with him. In other words, a customer on whom he made a lot of money. Occasionally giving them free service was just a small rebate.

But it paid dividends to the car dealer as well – he got a lot of word of mouth advertising.

Manager on duty to the front of the store please
The front of the store makes us think about the psychology of buyers. Have you ever noticed how most grocery stores have a fairly similar layout?

Research shows that most people walk into a store and turn to the right. So what do you want to put in the front of the store on the right side?

High margin items, of course!

In a grocery store, you notice the milk and eggs are usually in the back – nowhere near the bread. They want you to walk through the whole store so you see more things you might buy on impulse.

Every business has customers who behave in similar ways. Get to understand how you can naturally show your customers more of your products and services.

Clean up in aisle 5
Just about every business that handles inventory ends up with some slow moving items. You need to clean them out so you can get new inventory in that will turn faster so you make more money.

The mistake some small business owners make is being afraid to discount an item – especially for lower than cost. But the sooner you get an item that isn’t selling off your shelf, the better.

Another version of this is displaying a discounted item with a full-priced item. Think about it …

How many times do you see a skirt that’s on sale displayed with a full-priced top?

You like the combination so you buy it. You may be able to do the same type of thing in your business.

Retailers have become pretty sophisticated at discounting items to draw people to their store. They know the law of averages means these people will buy a lot more than just the sale items. Find the lures to bring in your customers and you’ll be a bigg success!


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Thanks so much for reading our post today. Please join us next time when we’ll look at the only three ways to get more done. Until then, here’s to your bigg success!


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