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Should I Accept a Promotion

indecision.jpgWe recently ran across a study by the University of Warwick. We found it interesting that their results fly in the face of a long-held assumption.

For years, it’s been assumed that people get healthier after a promotion. Researchers postulated that people who get promoted feel more in control of their lives. They also thought these people may feel better about themselves.

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More mental strain

But the researchers at the University of Warwick found that this wasn’t the case. In fact, they showed that people who get promoted have ten percent more mental strain on average.

It makes sense, doesn’t it? A promotion often comes with increased responsibilities, increased hours, and perhaps more people to supervise.

It can place a tremendous amount of pressure on our free time. The researchers at the University of Warwick cited this time pressure as a reason that people were twenty percent less likely to go to the doctor after a promotion.

It’s life on your own terms, not the terms of your company

Our business culture tells us that we’re supposed to move up. We’re supposed to seek out opportunities to get promoted.

But as you know if you’re a regular reader, bigg success is life on your own terms. You have to decide if a move up is consistent with how you define bigg success. Nothing else matters.

It’s not absolute

There’s more than one way to move up. One person may choose to move into management. Another one masters a craft and becomes known for it. That’s moving up too!

You may want to move up, but now is not the right time. When you think of life on your own terms, think of “terms” as phases of your life. You may have kids at home and want less responsibility right now. That’s a great reason to postpone a promotion.

When the kids go to school full-time, the time may be right. You’re breaking life on your own terms down by the terms of your life.

A framework for decision-making

We’ve identified five elements to bigg success – money, time, growth, work and play. You can use the five elements to help make decisions like this one. Let’s break it down:

Money – You’ll presumably have more if you accept the promotion.

Time – You have the same amount no matter what. But most likely, you’ll have less time away from work.

Growth – Even though their sport seems like it requires mostly physical abilities, top athletes understand how important their mental condition is. We must understand that we need to look out for our health as well as our mental abilities. Besides that, a promotion may allow for a lot of personal growth or it may detract from the personal growth you really want.

Work – You may find your work more, or less, fulfilling. It depends on your goals.

Play – You’ll likely have more money to spend on leisure but less time to enjoy it.

When you know what life on your own terms means to you, it makes it easier to make decisions. The five elements offer a framework to make those bigg decisions. Think about how the five elements come into play with life on your terms and then consider how any potential opportunity affects them.

Don’t stop there!

We’ve also said that the bigg idea behind bigg success is to find synergy. You may realize that the real secret to making this promotion work is to learn to delegate effectively. That’s growth – one of five elements.

You may find that you can accept the promotion, move up at work, and make more money without sacrificing time for play. It may even involve a little more time initially while you develop your delegations skills, but you know it’s worth it because of all the long-term benefits.

Look for synergy in the five elements as you consider opportunities for even bigger success!

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So what if you decide a promotion isn’t for you? Please join us next time when we talk about how to turn it down.

Thanks for reading our post today. Until next time, here’s to your bigg success!

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Direct link to The Bigg Success Show audio file:
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A Crucial Part of Your Personal Brand

business_cardBigg success is life on your own terms. We’ve said that the reason for the redundancy – “your own” – in our definition of bigg success is to explicitly show that you are the entrepreneur of a very important enterprise – your life.

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If life on your own terms means building your own personal brand, there’s a very important principle to keep in mind:

You’re the entrepreneur, the CEO, and the brand manager!

With their careers, some people fall short in reaching their potential because they just sell a service. They exchange their time and knowledge for money.

As bigg goal-getters, we don’t want to just sell a service. We want to create our own brands.

But we don’t want to just create a personal brand, we want to build our lives on our own terms.

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Would you like more tips and tools to live your life on your own terms?
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One crucial key to building our personal brands is consistency. There are at least three areas where this holds true:

Promotion

One of the things the biggest brands do very well is convey a consistent brand image. Yet that’s one of the mistakes that we make most frequently in building our personal brands: we’re inconsistent in showing ourselves to the world.

You want to convey a consistent message across all the media you use – your resume, your cover letters, your e-mails, notes you send, social media you might use, clubs you join, and on and on. With these materials, you create the image of who you are.

You also want to keep in mind who you’re trying to relate to in order to create the best promotional materials for your brand. Promotion sets the expectations. What can I expect from you? That’s your brand promise.

Performance

You want to meet, or better yet exceed, the expectations you set. Believe it or not, it’s better to deliver at a consistently lower level than to perform poorly at times and superbly at others.

Kind of counterintuitive, isn’t it?

However, think about your experiences as a customer. Aren’t you happier if your expectations are low but satisfied, than if your higher expectations aren’t met?

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georgeFor a very simple example, think about getting an e-mail from me today that is written well and has no typos. Tomorrow, I send you an e-mail that’s just full of typos. What would you think?

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marylynnI might think, “What’s going on with George today? Is he sick? Is he too busy? Is he just this careless sometimes?” It raises a lot of questions.

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At the start, strive to meet expectations all the time. Then find ways to gradually improve your performance so you exceed expectations regularly. That leads to bigg success!

Persona

Have you ever dealt with a person who is very chatty and friendly one day and may seem somewhat aloof at other times?

It’s okay to be moody; we just don’t need to share it with the world! We have to find a way to control our emotions so we present a consistent temperament.

Sweatin’ to an example

Think about Richard Simmons. He’s done pretty well for himself. He’s always dressed in the same kind of clothes, complete with the shortest of shorts. He’s wacky and upbeat. He’s always empathetic and dancing to the oldies!

You may not want to emulate Richard Simmons. We can understand. However, he has done an outstanding job of building his brand. You know what to expect and he consistently delivers.

All someone has to do is say Richard Simmons and you get a clear image in your mind of who he is and what he’s about.

That’s the lesson for all of us. Consistently – in your promotion, your performance and your persona – build your personal brand so you can live your life on your own terms. That’s bigg success!

What are you doing to build your personal brand?

You can share that with us by leaving a comment below, calling us at 888.455.BIGG or sending us an e-mail at bigginfo@biggsuccess.com.

Thanks so much for personally reading our post today. We brand that a good day!

Please join us next time when we share how recent bad luck and bad timing almost kept us from life on our own terms.

Until then, here’s to your bigg success!

Subscribe to The Bigg Success Show in iTunes. 

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Direct link to The Bigg Success Show audio file:
http://media.libsyn.com/media/biggsuccess/00364-040209.mp3

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A Paint Roller Helps Manage Change

life on your own termsChuck e-mailed his bigg challenge to us. He’s starting a new job next week. It’s his third job as a manager. In the position he’s leaving, he feels he made too many changes too quickly. It created a problem with his directs. He’s hoping we can offer him some suggestions as he gets ready for his new job.

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As bigg goal-getters, we often want to change things too fast as leaders and even in our personal lives. We think we need to lose weight so we jump into an exercise routine and completely change our diets. It’s too much and we end up right back where we started.

We have to be especially careful with change when it affects others. Like in Chuck’s case, any changes he makes will affect one or more of his employees.

Two of our rules for change here at Bigg Success are:

“That’s the way we’ve always done it” doesn’t mean it’s the best.

“That’s the way we’ve always done it” doesn’t make it wrong.

Change is essential to make improvements in our lives and our businesses. We want to focus on the changes that will make the greatest impact given their cost. When we talk about cost, we mean your investment of time and money – two of the five elements of 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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Get out the paint roller

We heard a suggestion some time ago from a person who had learned to manage change effectively. He said that when he takes on a new leadership position, the first and only change he makes is to paint a single wall of his new office.

He feels like he’s changed something. It relieves that pressure. Everyone around him can see that he changed something. In fact, they often ask, “Why did you paint that wall? Why that color? Why just one wall?” It makes them curious.

You may make a different, but similarly insignificant, change. By doing this, you’re really buying time to find out what is and isn’t working while subtly signaling that change will happen.

Once you find out what isn’t working, you can determine which changes to make in what order based on their impact on your organization … or your life!

What are your suggestions for Chuck?

You can share that with us by leaving a comment below, calling us at 888.455.BIGG or sending us an e-mail at bigginfo@biggsuccess.com.

Thanks Chuck for sharing your bigg challenge with us and good luck with your new gig! And we thank you for reading our post today.

Join us next time as we share a remedy for one of the most discouraging thoughts you can have.

Until then, here’s to your bigg success!

Subscribe to The Bigg Success Show in iTunes. 

Subscribe to the Bigg Success feed.

Direct link to The Bigg Success Show audio file:
http://media.libsyn.com/media/biggsuccess/00362-033109.mp3

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Money Tips if You Do Not Have a Steady Income

life on your own termsBigg success is life on your own terms. We talked all about that last week in a series of five posts where we painted the bigg picture.

Now we want to get into the nitty-gritty. What keeps us from living our lives on our own terms?

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The challenge of irregular inflows

One of those things is not having enough money – one of the five elements of bigg success – when we need it. It’s one thing if you have a regular salary. However, a lot of people don’t have a steady income. It fluctuates from month-to-month.

What if you’re a salesperson working on straight commission?

What if you own your own business and don’t draw a regular paycheck? You may be a freelancer or a solo entrepreneur. You may be in business and have employees. You not only feel responsible for putting food on your table, you also have a group of people to whom you feel responsible.

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georgeI certainly can relate to this subject, having been a business owner for pretty much all of my adult life. Come to think of it, before I went into business for myself, I worked on commission as a sales person so I’ve seen both sides of it.

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marylynn
Of course, with George, I now am a business owner too.

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george
Welcome to the club, Mary-Lynn!

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marylynnWe have a couple of businesses in their early stages. I left a job in the corporate world with a regular paycheck, but I sure understand now what it’s like not to have that. I know I’m not alone. A number of people in our community have mentioned this as a major challenge to living their lives on their own terms.

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So what can you do if your income fluctuates from month-to-month?

Understand your cycles

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georgeOne thing that I found is that I had to understand my cycles. I’ve struggled with this one. When I wasn’t busy, I’d spend time and money promoting and prospecting. Then I would get too busy – I don’t have time to promote and prospect. So I stopped doing it. The thing I knew, I wasn’t busy again and the cycle would start over!

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If you can be consistent with your most important activities – those things that generate the most income for you – you may be able to smooth out your inflows.

You might even find that you can hire an assistant to perform some of these activities for you. You spend a little money now to save you time and make you money a little later.

What if you can’t afford to hire someone to help you? Then you’ll have to invest the time yourself. When you find yourself in your next “up” cycle – you’re too busy to spend time on crucial prospecting and promotional activities – take a look at it again to see if it makes sense.

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marylynnAnother thing I’ve found is that I can be more consistent if I carve up my activities into smaller chunks. For example, I may send out five e-mails every day of the week instead of thinking that I need to send out 25 e-mails. If you don’t have the time to do that, start with three e-mails a day.

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Stabilize your outflows

Risk is often measured by volatility. So by definition, if we have irregular inflows, we are taking more risk. Because of that, we should strive for less risk in our outflows.

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marylynnWe do this by keeping our standard of living relatively low. Our businesses are in their early stages. So we watch what we spend and live very frugally. For example, we watch how much we shop and go out to eat less than we did when our incomes were more regular.

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One of our newsletter subscribers, Randy, says “rowing his own boat” by working for himself are his terms for his life. He’s been on his own for about 25 years now. He’s put his two sons through college while remaining debt free. He says he did it by having a plan when his boys were just babies. That plan paid off. He just turned 50 and plans on living the way he wants from here on out.

Congratulations Randy and thanks for sharing your story with us!

Randy’s story also helps us understand a second part of stabilizing our inflows:

Be very, very careful with debt.

We have to resist the urge to pile onto our outflows by adding principal and interest payments. It puts even more pressure on our inflows and more stress on us because we have to earn even more.

What do you suggest?

Share that with us by leaving a comment below, calling us at 888.455.BIGG or sending us an e-mail at bigginfo@biggsuccess.com.

Thanks so much for checking in on us today.

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Would you like more tips and tools to live your life on your own terms?
Subscribe to the Bigg Success Weekly – it’s FREE!

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One of our listeners just accepted a new management job. Join us next time when we help him with bigg challenge.

Until then, here’s to your bigg success!

Subscribe to The Bigg Success Show in iTunes. 

Subscribe to the Bigg Success feed.

Direct link to The Bigg Success Show audio file:
http://media.libsyn.com/media/biggsuccess/00361-033009.mp3

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Own Your Life

life on your own termsLast time, we talked about the definition of bigg success. We said that bigg success is life on your own terms.

You might wonder if we’re being redundant when we say “your” “own” terms. We can understand why you might think that, but we felt that it was important to convey ownership explicitly.

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We’ve heard about Brand You. It’s useful to think about the brand image we present and how we market ourselves, but we think it doesn’t go far enough. When it comes to creating your dream life, you are an enterprise level manager, not a brand manager.

A new paradigm

A new paradigm about the role we play in our own lives is gaining traction. Our definition of bigg success – life on your own terms – encompasses this new mindset.

You are the entrepreneur of your own life.

We normally think being an entrepreneur means “I own my own business.”  We’re saying that, whether you’re employed or self-employed, you are an entrepreneur.

You own your life.

You run it as you see fit.

You create the life that you want to live. Life on your own terms.

You bring together the resources necessary to build that life. You put the structure that is needed in place to achieve your bigg dream.

That’s what an entrepreneur does.

Your life is your enterprise

It’s not just about the work that you do. Your life is about more than that.

Entrepreneurs don’t just sell a product or a service. They build a business, an entire enterprise.

Your life is your enterprise and you build the life you want. This encompasses both your professional and personal lives.

As the entrepreneur of your own life, it’s crucial to find ways to make all the parts of your life work together. Even more than that, why not find a way to get all parts of your life working synergistically with one part adding to another and vice versa? Now that’s bigg success!

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Would you like more tips and tools to live your life on your own terms?
Subscribe to the Bigg Success Weekly – it’s FREE!

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CBS resisted, but Lucy insisted

Lucille Ball was the star of a popular radio show called My Favorite Husband. We’re not sure how many husbands she had, but this show was about her favorite one!

She played the wife of a bank vice president. With the advent of television, CBS wanted to move her show to the new medium. But Lucy wanted her real-life husband, Desi Arnaz, to play her TV husband.

CBS resisted, but Lucy insisted.

The CBS executives eventually gave in and I Love Lucy became a bigg success.

Lucy was an entrepreneur! She lived her life on her own terms.

A unique solution for raising the kids

We know a couple who are divorced. They have young children.

Instead of fighting over custody, they have chosen to add on to their house so they can each go on with their lives and their children can be with both of them every day.

This is a unique solution that is working for them. What else matters? Some people think it’s kind of strange, but why should these two people care?

They are entrepreneurs, living their life on their own terms.

A merger that works

We decided we wanted to work together, to merge our professional lives as well as our personal lives. We created Bigg Success to allow us to do that.

We travel together. We work together. We live together. We see each other all the time.

It wouldn’t work for many couples, but it works for us. We’re living our lives on our own terms.

How about you?

What does life on your own terms mean to you? How are you taking ownership of your life?

Share your story with us by leaving a comment below, calling us at 888.455.BIGG or sending us an e-mail at bigginfo@biggsuccess.com.

By typing it or saying it, you will learn even more about yourself. Everyone else in the Bigg Success community learns too. The more we share, the more we all learn. Then we can reach bigg success even faster!

Thank you for sharing your time with us today.

Join us next time when we’ll talk about the “terms” of life of your own terms.

Subscribe to The Bigg Success Show in iTunes. 

Subscribe to the Bigg Success feed.

Direct link to The Bigg Success Show audio file:
http://media.libsyn.com/media/biggsuccess/00357-032409.mp3

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