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How to Be a Success and Feel Empty

Be full not empty for BIGG SuccessIn regards to the economy, while we haven’t faced a full-blown depression, author Umair Haque over at the Harvard Business Review Blog wonders if we’re in psychological recession.

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He cites some statistics from a study about our general state of being, or our level of happiness. Here’s what it shows:

  • 9.8% of adults strongly agree that their life is close to their ideal.
  • 19% of adults strongly agree that they are satisfied with their life.
  • 21% of adults strongly agree that their life has a clear sense of purpose.
  • 30% of adults strongly agree that on most days they feel a sense of accomplishment from what they do.

Turn Emptiness into Success with Life On Your Own Terms

So, how do we live well? How do we feel more of a sense of purpose?

BIGG Success is life on your own terms. It’s about being the entrepreneur of your life.

What causes us to feel empty? What can we do to live with more meaning and purpose? Ask yourself these 4 questions:

Are you defining yourself too narrowly?
Maybe you have a high powered job and that’s how you identify yourself. Maybe you are defining yourself by your salary. That’s fine if it works for you, but what if that goes away?

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Mary-Lynn FosterI had an identity through my job of 20 years. I was known by all around me as a radio DJ. While I loved that identity, I had to create my own when I left the industry, which I’ve done with Bigg Success!

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Are you placing too much emphasis one particular aspect of your life?

If you aren’t feeling a sense of purpose at work…what are you doing outside of work? What are you doing to improve your situation? By working towards a goal, your job is a means to an end, which alleviates the feeling that you aren’t accomplishing anything.

Are you putting too much stress in your life?

We’ve said this before, your lifestyle affects your work. If you are spending too much, you’ll have to work more to pay it off, which will hold you back from going after the life that you want.

Are you giving away your power?

The easy way out is to blame circumstances. But looking for a scapegoat doesn’t help you improve your situation. Bigg goal-getters don’t let obstacles stop them in their tracks. Be honest with yourself. Think about what you really want, what’s holding your back, and what you can start doing today to work towards that goal.

No, it won’t be easy, and it may take years before your life plan falls into place.

But, working to live life on your own terms, rather than denying yourself the possibility of achieving it, WILL give you peace of mind, a sense of purpose, and satisfaction. That’s BIGG Success

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Making Money Multiply Magically

magic moneyWe often romanticize about what life would be like with more money. We may think we would have more leisure time. We may picture ourselves spending some of that time in front of our new plasma TV. We may assume we would be happier.

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But then the reality kicks in.

Research shows that we tend to quickly spend our new found cash. It also shows that new material possessions make us happier for a very short period of time.

More importantly, we make an incorrect assumption about what it takes to make more money. We often have to spend more time working and commuting. So we actually have less leisure time.

We end up in the rat race.

We work more to make more money. Then we spend more money so we have to work more to make yet more money. Then we spend more so we have to work more and on and on.

There are two lessons here for us:

  • Be careful how you define bigg success. If it means more money, understand that there is a price. You’ll almost certainly have to invest more time.
  • Our definition for bigg success is life on your own terms. For you, that may mean more money. But it may not. We focus so much in our society on money. It’s important to remember that money is the means to an end, not the end itself.

The funny thing is that you often end up with more money when it’s not the center of your focus. Here are four ways to make your money multiply magically:

Focus on your whole life.

Find work that you love. Take up a hobby if you don’t have one already. Build strong relationships personally and professionally. You’ll find that it often doesn’t take much money to spend your time doing the things you love with the people you love.

So your money will multiply magically!

Spend less than you make.

Sounds pretty simple, doesn’t it? But we all know that it isn’t. It isn’t simple but it is necessary.

Don’t fall into the trap of thinking life would suddenly be much better if you just made more money. Make the best of the money you make now and your money will magically multiply.

Avoid consumer debt.

If you have it now, pay it off aggressively. Get used to paying for purchases with cash. This is a timeless principle that applies to all economies and all people. We’ve recently relearned this lesson.

Here’s a question to ask anytime you’re tempted to buys something with borrowed money:

“If I can’t afford it today, what makes me think I can afford it, with interest, tomorrow?”

Many people assume they will make more money in the future. They don’t factor in that their costs will likely be higher in the future. That’s how they end up in the rat race and debt just compounds it.

Note that we didn’t say avoid all debt. It may make sense to borrow money for a legitimate investment. You have to prove out the opportunity, but a lot of people have made their money multiply magically by using leverage.

Invest wisely.

As we learned last year, stocks don’t go up forever. As we’re seeing this year, they don’t go down forever either. So invest in a diversified portfolio of assets. One of the best ways to do this is through no-load mutual funds as part of a qualified retirement plan.

Don’t let your money control you. Control your money and watch it multiply magically! That’s bigg success!

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Thank you so much for checking in with us today. Please join us next time when we’ll look at the first win entrepreneurs must achieve. Until then, here’s to your bigg success!

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Direct link to The Bigg Success Show audio file:
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Save Now Without Depriving Yourself

dollar_sign.jpgBigg success is life on your own terms. The five elements of bigg success are money, time, growth, work and play. Today we’ll focus on money.

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When it comes to money, we’re all conscious these days that we have to save more. We saw a great definition of saving the other day by Carolyn Jabs. Her Growing Up Online column appeared in an article in Columbus Parent. She said:

“In its finest form, saving doesn't mean depriving yourself or your family of what you want, much less need. Instead, it means comparing long-term and short-term goals to decide which matter most.”

Bigg trade-offs

When she puts it that way, saving doesn’t sound so bad! We often think of savings as “doing without.” It’s not doing without. It’s deciding on the timing.

Saving, in and of itself, is not a noble act. It’s a means to an end, not the end. It’s about trade-offs – trading now for later or later for now.

If you pay cash for something today, you give up earning money on the money you used for the purchase. Your money will work for you if you save it and invest.

If you buy something and finance it, you’re deferring cash out the door today in exchange for even more cash out the door (since you’ll have to pay interest) in the future.

So, ultimately, it’s a decision about what will make you the happiest – enjoying your money now or stashing it away so you can enjoy it more tomorrow.

It’s living with purpose on purpose – defining your bigg goals and living each day to achieve them.

Your bigg plan

What if you don’t have to sacrifice the present for the future? That’s a bigg idea! Look for ways to enhance your present and your future.

You are the entrepreneur of your life, irrespective of whether or not you own your own business. Your life is your enterprise. You, and only you, are in charge of this enterprise. As the entrepreneur, plan your purchases.

Don’t get caught buying on impulse. It’s a trap that really hits us hard. And we’re not just talking about those insignificant items at the check-out. Marketers are really good at making us think we can’t afford to wait.

For example, think about the ads that promise “No Payments for Two Years.” We translate that, in our minds, as if we’re not spending money for two years. But the reality is, if we don’t have that money already set aside, it’s probably going to give our finances a jolt when the payments kick in … at incredibly high interest rates.

Synergize to ramp up your savings

By planning our purchases, and then sticking to the plan, we’ll only buy those items that we’ve determined make us happiest. We can keep our eyes open for the best deal which saves us money now – money that can go straight to our savings.

If you’ve set aside $2,000 and then only spend $1,500, give yourself a night out on the town in celebration of a job well done. Take the rest and put it into your savings.

By synergizing our savings with our spending, we can save more money for the future because we get the best deal when we buy today. That’s how we get what we want today without depriving ourselves. It’s one thing we can do to propel us to 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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Thanks so much for checking in with us today. Please join us next time when we’ll talk about the biggest time waster of all. 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/00406-060109.mp3

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