Are you dressing up this year for Halloween? It’s not just child’s play anymore. More and more adults dress up every year.
Today we want to chat about costumes people wear. Not just at Halloween, but year round.
Listen to this spooky post, if you dare! Click a player to hear George & Mary-Lynn on The BIGG Success Show Podcast.
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Just as squirrels hoard nuts for winter, we can squirrel away money to get through an economic winter. We share five ways to weather a downturn.
Brought to you by FinancialFreedomTool.com
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On this BIGG Success Show, we discuss how to prepare financially for tough times. Here’s a summary of that discussion…
This show was inspired by the many busy squirrels in our neighborhood, conducting their annual march to winter.
Here’s a story of a smart young woman who met a wise old squirrel.
A practical process on how to get what you want out of life: clarify your priorities, set financial goals in line with them, and then watch your progress. Brought to you by FinancialFreedomTool.com.
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We discuss how to get the most out of life on The BIGG Success Show today. Here’s a summary of that discussion.
BIGG success is life on your own terms. There are five elements of BIGG success: money, time, growth, work, and play. Money and time are your two resources.
Many people don’t realize they don’t have to wait on their boss to get a pay raise. You can give yourself a raise by following three steps. Brought to you by FinancialFreedomTool.com.
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We discussed pay raises on The BIGG Success Show today. You can do things which may increase your ability to get a pay raise, but you can’t control whether or not your boss gives you one. But you don’t have to rely on him or her. You can give yourself a raise. Here’s a summary of that discussion.
A small business owner recently told us about an innovative opportunity he had passed up. (Actually, he said “Maybe.” He wanted to think about it. Hence, our conversation with him.)
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Another small business owner had offered him a turn-key operation. The first owner said he and his people had been talking about offering a similar product to their customers.
He didn’t accept the offer because:
1. They could do it themselves
So we asked: Why haven’t they? They haven’t had the budget or the manpower. However, he didn’t expect to have the necessary resources going forward either.
He also acknowledged that his firm doesn’t have the same sort of expertise in this particular product as the other firm. We think this is at least as much of a contributor as resources to it not getting developed.
2. It might cannibalize sales
He was afraid that this new product may compete with one of his existing products. This new product capitalized on new technology. His product didn’t.
He admitted that his customers might want both of them. But let’s assume that’s not the case:
If his customers prefer a new product instead of the one he’s offering them, wouldn’t he be better off at least making some money from it? Otherwise, his customers will find the new product somewhere else.
3. He had to share the profit
When he sold his own products, he got to keep 100% of the money earned. With the program he turned down, he was only going to get 20%.
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I’ll paraphrase something I often heard my Dad say: “20% of something is better than 100% of nothing.”
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That’s one of my favorite quotes from your Dad, George. It makes the point – right now, they’re not making anything on the new product. To make 20% or 10% or even 1% would be money in the bank!
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Sometimes, as small business owners, our independent nature works against us. Sometimes, it pays to collaborate with other like-minded business owners. You may make more money by making less and, in the process, reach BIGG success!
Direct link to The BIGG Success Show audio file | podcast:
https://traffic.libsyn.com/biggsuccess/01153-061924.mp3
