Posts

BIGG Success Logo boxed

The Secret to Survive and Thrive in Your Own Business

By 440 Wynn Bigg]
Bigg Success Contributor
03-24-08

Wynn Bigg Today

 

There’s a mistake that many business people make. This mistake isn’t made by start-up entrepreneurs. They don’t have the luxury of making this mistake.

This mistake is made by business owners who have been at it for awhile.

They started a business. They nursed it through its tentative early stages. They pinched every penny because they had no choice. They watched their little business start to bloom. They saw it become a full-fledged business.

They congratulated themselves on how smart they were. They bought expensive new cars. They joined the country club. They built a brand new house in the most elite neighborhood in town. They traveled. They “summered”. They lived the life!

They showed the world just how successful they were.

Then disaster struck!

As their personal spending increased, they had to draw more and more money out of their business. Money that the business needed to keep growing. The next thing you know … they had no business!

They were the captains of their own ship … and they sunk it!

I’ve seen this happen time and time again.

The businesses were good businesses. The owners were good people. They just got caught up in their own success.

Make sure you learn from their mistakes. 

If you want to wynn bigg, you have to survive to thrive. Here's how you "surthrive" step-by-step:

Step 1 – Live conservatively – at work and at home – until your business stabilizes.

Step 2 – Pay off debt.

Step 3 – Invest until your passive income exceeds the costs of your desired lifestyle.

Step 4 – Slowly start enjoying the fruits of your labor.

In the meantime, build a business asset that you can sell. That’s your bonus money.

Now you can live the bigg life!

Find out when we post new articles. Subscribe to the Bigg Success Weekly.

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

Related posts

214]

38]

49] 

(Image by pollobarca2, CC 2.0)

image of a map for the blog post see the world while you work

Leaping From Place To Place: See The World While You Work

image of a map for the blog post see the world while you work

Many people telecommute – they work at home, instead of driving to an office every day. Now a growing number realize that “home base” can be anywhere in the world with the right technology! Think of them as “extreme telecommuters”! How can you see the world while you work? Find out in the summary of this podcast episode.

On The Bigg Success Show today, we were honored to talk with Carmen Bolanos. She is an executive coach and the founder of NuNomad.com – the place for people who live and work remotely. Carmen travels with her family for several months each year, while working her coaching business. She also contributed to the book, Quit Dreaming and Go.

Here are some of the highlights from the show:

George: Obviously, some occupations work better than others. You’re an executive coach. What characteristics of coaching make it ideally suited for working remotely?

Carmen: A lot of coaches work by telephone already; that’s one of the reasons I got into coaching. The telephone makes us mobile. We meet with our clients by telephone and use the internet between calls. So we can work wherever we want, whenever we want.

Mary-Lynn: Have you ever been somewhere where the call wouldn’t go through or you couldn’t get online? How do you know before you go that your location will support your biz?

Carmen: The funny thing is every call I’ve lost has been in my home in Austin, Texas. You have to do your homework upfront. Find out what internet access you’ll have. What is the phone access? Be prepared before you leave to work with whatever you have available.

Mary-Lynn: So on your site, NuNomad.com, is there a place where you can do some research like that?

Carmen: Yes, we’re developing destination pages. I think we have eight right now for the most visited countries. We talk about internet access, phone company service, mobile phone service, and how to get SIM cards specific for the country you’re visiting.

George: What are some of the most popular destinations?

Carmen: It depends on what you’re trying to do. Some of the most popular destinations for travel are the traditional ones – France, Italy, and Spain. But if you want to lower your cost of living for the long haul, Asia and South America are good choices. Thailand is very popular.

George: In the States, we’re facing a recession and higher energy prices, which is putting a damper on travel in general. Has that had any effect on the NuNomad lifestyle?

Carmen: As prices go up, people are thinking twice about everything they do, including travel. They’re more careful about where they go. You can offset a lot of your costs by choosing a destination where the costs of living are low.

Live like a local person, instead of a tourist. If you’re a homeowner, look into home trading. If you’re not, look into house sitting opportunities. You can also stay in one destination longer as opposed to moving frequently.

Mary-Lynn: That’s just like home ownership here! So Carmen, how do I get started as a NuNomad?

Carmen:  The advice is like that for any business owner in any business.

First, you have to develop your business to the point of stability. You want to have a stable income, a stable cache of clients, and a good word-of-mouth referral system.

After that, look into how you break the chain – from your brick-and-mortar office to a mobile office. Move from a desktop to a laptop. Understand the technology available like Skype, and other technology that allows you to back-up and view your computer remotely.

The last thing is to start shedding your life of things that might keep you trapped. This includes things like clients who insist on meeting face-to-face, heavy debt, and pets that need a lot of care.

We hear there are more tips in the book, so check it out!

Our bigg quote today is by William Bolitho, who must have been thinking of his childhood and a little red wagon when he said this,

“Adventure must start with running away from home.”

So run away to your home office and see the world while you work!

On our next blog, we’ll talk about bridging the generation gap. Until then, here’s to your bigg success!

BIGG Success Logo boxed

Where Are You If You Ain’t Where You Are

Today’s blog is inspired from a quote we heard on a rerun of M*A*S*H. Colonel Sherman Potter, played by the great Harry Morgan, said,

“If you ain’t where you are, you’re no place.”

Isn’t that a profound statement? We loved it so much that we mashed up 6 tips on how to live in the moment.

#1 – Get past the past.
You can’t change it, but you can change the here and now. You’ve learned from the past – now get over it.

This applies to the good as well as the bad. You can’t rest on past successes, either. As the old saying goes, “Failure waits for all who stay with some success made yesterday.” It’s yesterday’s news – move on.

#2 – Stop fretting about the future.
“Tomorrow will take care of tomorrow,” we’re told. You should plan for your future, because that sets your direction. But once you have your plan, you have to focus entirely on the present.

Treat what’s going on now as a stepping stone. You’re working on your future by taking care of business today.

#3 – Stop wishing your life away.
A number of people spend their whole lives wishing it away.

Wishing they were smarter. Or prettier.

Wishing they had more money. Or a bigger house.

They’re so concerned about what they DON’T have that they completely fail to appreciate what they DO have.

#4 – Count your blessings.
Closely related to the last tip, learn to appreciate what you have and who you are. You’re a pretty special person. In fact, 90 you’re the greatest miracle in the world]!

So count your blessings. You’ll see that you have a lot for which to be thankful.

#5 – Pay attention to the little things in your everyday life.
Use all your senses. Look around … really LOOK. See all the color, the textures.

Breathe the air. Breathe deep … unless you’re stuck in traffic in Los Angeles! Even then, you can feel the warmth of the sun.

The point – enjoy the beauty that is all around you.

#6 – Get in touch with your child-like nature.
Kids are, without a doubt, our best teacher when it comes to living in the moment. They don’t think about yesterday; they don’t worry about tomorrow.

They only worry about what the other kid is playing with … just like us adults! Some things never change!

To a kid, each day is a new day full of wonder. So give yourself some time to play. Be inquisitive again – ask questions.

Our bigg quote today is by author Louise L. Hay.

    “The point of power is always in the present moment.”

Yesterday is gone forever. Tomorrow never comes. So put all your energy into here … now.

Next time, we’ll discuss how to find your fortune through promiscuity. Until then, here’s to your bigg success!

Related posts

8] 

53]

 

Pages

Nothing Found

Sorry, no posts matched your criteria