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We discussed creating multiple streams of income on The BIGG Success Show today. Here’s a summary of that discussion…
It’s not what you make that really counts; it’s how much you keep. We base that on studies that show how millionaires became millionaires. Sure, they’re always trying to earn more, but they really watch what they spend. That’s one of their secrets to success in many cases.
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We were recently at a birthday party for our friend, Tim. His wife had a really cool cake for him. It’s the picture you see with this post.
We were talking with Tim about his Porsche. He’s one of our regulars here at BIGG Success and he commented about how we’re always talking about frugality. A Porsche may not be consistent with that mindset.
But BIGG success is life on your own terms. If your terms include having a Porsche parked in the garage, then more power to you!
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That’s one of the things we love about our definition of bigg success – it’s not judgmental. I can’t tell you what’s best for you. Just like you don’t know what’s right for me. Heck, sometimes I don’t even know what’s right for me!
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That’s the beauty of life on your own terms. When you’re living it, you don’t judge other people because you think, “Oh, that’s life on their own terms.”
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We try to report what works – what research shows helps you get to that next level of success in your life. But we can’t tell anyone what the right choice is for them. You decide because you’re the one who lives with it.
We hope we provide some additional insight to help you with your decisions, but ultimately you’re the entrepreneur of your life. You’re in charge.
The List Universe recently published their list of ten lost rules of etiquette. The one that really got our attention was their #1 reason – talking about money and possessions.
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When it comes to money, the author says that a gentleman would never:
On The BIGG Success Show, we’ve been talking with Seth Godin about his incredible new book, Tribes. So far we’ve discussed:
Part I: what a tribe is, what the leader does, and why quality trumps quantity
Part II: why Seth became a leader, the power of one, and the importance of leverage
Today we wrap up our conversation. Let’s get to it!
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CNN Money recently asked forty people for the best advice they ever got about money. One of the people featured is Bill Nygren, the great manager of the Oakmark Select Fund.
He refers to an episode of the Johnny Carson show, where Johnny asked financial guru Andrew Tobias how someone with only $1,000 should invest it. Andrew Tobias said they should buy non-perishable items.
The crowd got quite a kick out of that answer!
Here was this great financial mind suggesting that people, with only a small amount of money, buy common, every day items instead of investing it.
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