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Why Social Entrepreneurship is a Waste of Time

Every entrepreneur has to find money for BIGG SuccessToday we want to tackle a very controversial subject. More specifically, we want to take a position which may be controversial.

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We don’t mean to offend. We just want to make an important distinction.

BIGG success is life on your own terms. So we pay a great deal of attention to terms.

The term we want to talk about today is “social entrepreneurship”.

It’s a popular term, a buzz word even. People say with pride, “I’m a social entrepreneur” or “I want to be a social entrepreneur.”

Wikipedia defines a “social entrepreneur” as “someone who recognizes a social problem and uses entrepreneurial principles to organize, create, and manage a venture to make social change.”

Let’s deconstruct just one part of that definition – the term “social” as an adjective.

Among other definitions, Merriam-Webster defines “social” as “tending to form cooperative and interdependent relationships with others.”

The problem with social entrepreneurship

So here’s the problem – here’s why we say social entrepreneurship is a waste of time: It’s redundant.

  • ALL entrepreneurs are social entrepreneurs.

  • ALL entrepreneurs exist to serve society.

  • ALL entrepreneurs must recognize a social problem – a problem affecting the welfare of a group of human beings.

  • ALL entrepreneurs must use entrepreneurial principles to solve that problem.

  • ALL Entrepreneurs add value in the lives of others to create value for themselves.

All entrepreneurs need money

Now, some entrepreneurs have a profit motive while others don’t. But they all have to find funding somehow.

Some entrepreneurs raise capital to get a venture going and then repay it from profits. Other entrepreneurs rely on donations of time and/or money to get a venture going. But they must find a steady flow of cash from somewhere.

But to describe one activity as social and the other as not is a mislabeling.

ALL entrepreneurs are social because ALL entrepreneurs try to help a group of people.

Profit is not a dirty word

Entrepreneurs who forget this basic tenet of entrepreneurship are the ones who fail. Novices often go into ventures only thinking about how they will make money. You have to think about the people and their problem.

Of course, you have to think about the money too – whether you’re starting up a for-profit venture or not. And don’t ever forget:

Profit is not a dirty word. Every entrepreneur – for profit or non-profit – has to find a money trail to sustain their operation.

But focus on the problem first. Then figure out your funding and your cash flows.

Once you know how to create value for yourself by adding value for others, you’re ready for BIGG success!

Do you think “social entrepreneurship” is redundant?

Direct link to The Bigg Success Show audio file | podcast:
http://traffic.libsyn.com/biggsuccess/00839-120612.mp3

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Only One of These is a Key to Success

BIGG success is life on your own terms. So let’s talk about two terms that can be used to describe someone – assertive and asshole.

You may be way ahead of us on this one. We had never noticed it until recently. They both start with the same three letters.

Which raised several questions in our minds:
How similar are they?
Is it just a matter of degree?
Is there a fine line between the two?

The answer is a resounding no! These two terms are not part of a continuum; they are separate lines. They are diametrically opposed.

Let’s look at seven differences between being assertive and being an asshole.

  • An assertive person is a positive force. The asshole generates negative energy.
  • Someone who is assertive is confident in their own abilities. An asshole is often insecure.
  • The assertive person builds themselves up by also building up others. The asshole feels better about himself or herself when they tear other people down.
  • A person who is assertive seeks win/win. An asshole is perfectly content with win/lose.
  • An assertive person says, “No, thank you.” The asshole says, “Hell no.”
  • Assertive people are still buddies. Assholes are bullies.
  • The assertive person has no problem admitting when they’re wrong. The asshole will talk even louder, call you names, and fight even harder to convince you that you’re wrong.
  • Someone who is assertive operates from strength. Assholes work from a position of weakness.

It’s this last one that we found striking. When you look up the antonyms of assertive, you see terms like weak, wishy-washy, and mild.

Assertive people know where they want to go. They’re solid in their beliefs. People know where they stand. We all deal best with people when we know what to expect from them.

But it’s the last antonym that really struck a chord – mild. We’ll translate that as shy.

Assholes may not be shy, but a shy person may get labeled as an asshole! Shyness is often misinterpreted as another unfavorable term – stuck up.

So know what you stand for. Know where you want to go. And don’t be afraid to ask people for help. Only strong people behave this way. Assertiveness is a key to BIGG success!

Has assertiveness helped you?

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7 Clues to Find Your Passion

seven clues to finding your passion for BIGG SuccessBIGG success is life on your own terms. So today on The BIGG Success Show, we had another installment of Terms from a Hat. The term we pulled out of the BIGG hat was “inkling”.

We recently talked about why you should pray to get laid off. So many people are so unhappy at their current job. Yet many of them have an inkling of how they would like to spend their days.

Do you? Do you have an inkling?

Maybe this will help – here are seven clues to finding your passion:

Listen to this post! Click a player to hear George & Mary-Lynn on The BIGG Success Show Podcst.


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1) What makes you feel alive?

Get in touch with your feelings. When you are most excited, what are you doing? That’s a clue to discover your passion.

2) What gives you energy? We tend to think that work consumes our energy. And a lot of it does.

But your life’s work will generate energy within you. Energy you didn’t know you had.

What does that for you? It’s a hint about the kind of work you should look for.

3) What brings you joy?

There are things you hate to do. C’mon, you can admit it.

There are things you do about which you are somewhat agnostic; you can take them or leave them. (Although you’d probably rather leave them.)

Finally, some things make you happy. What are they? It will give you a notion about your passion.

4) What do you look forward to doing?

Are there certain types of projects or tasks that you eagerly anticipate? Is there an annual event you eagerly anticipate? Is there a time of year you particularly long for? These may be clues to what you should do with your life at work.

5th) What is your default?

When you’re not thinking about what to do next, what do you do next?

You probably naturally gravitate to certain kinds of activities. This may be a hint to how you spend your days.

6) What do others comment on when you do it?

What do you do that sparks a response from other people? They often feel the need to tell you how good you did, or how it helped them. It’s a great clue to find your passion.

7) What did you abandon?

What did you leave behind? Maybe a hobby you used to enjoy.

When you were younger, you had dreams. What were they? What did you never take up, never start? Maybe now’s the time.

But in any case, you may get your BIGG idea from thinking about these things.

Thinking about your inkling leads to BIGG success!

Do you have an inkling but don’t know what to do next?
Maybe we can help
.

Direct link to The Bigg Success Show audio file | podcast:
http://traffic.libsyn.com/biggsuccess/00773-012012.mp3

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Work Life Balance Does Not Lead to Success

work life balance | BIGG SuccessYou already know this if you’re a long-time reader of our blog. We think the concept of work-life balance is outdated.

Or perhaps it was ill-conceived from the start?

We don’t know. We do know that work-life balance doesn’t work for us. And the same goes for a lot of people we talk with.

It causes frustration. Guilt. Undue stress. It doesn’t lead to BIGG success.

BIGG success is life on your own terms. The terms you use to define your life are incredibly important.

Work-life integration

Moving beyond the term “work-life balance” has been an evolution for us. We started by thinking about work-life integration.

We still like this concept. However, its advantage is also its disadvantage.

You’re free from the guilt of being out-of-balance. But it can easily be an excuse for overindulging in part of your life or another.

At least that’s how it has worked for us.

Systems thinking

Your life is a system. You live it at work. You live it at home.

This was our next move. It’s on target.

But we didn’t go far enough in our thinking about it. Plus it doesn’t imply a benefit or a goal like work-life balance does.

Life sync

However, as a result of thinking about life as a system, we started thinking about another term.

So now, instead of work-life balance or work-life integration, we’re thinking about life sync.

According to The Free Dictionary, sync means harmony. Harmony is “a pleasing combination of elements in a whole.”

We like “life sync” for a number of reasons:

  • as with work-life balance, the goal is clear
  • we think harmony is a better goal than balance
  • the separation between work and life is eliminated – it’s life sync, not work-life sync

We’re not beasts of burden part of the time and creatures of play the rest of the time. We’re human beings all the time.

We live our one life, our whole life, all of the time.

In fact, trouble can ensue when too much separation occurs between different areas of one’s life. You see people run full speed ahead into ethical dilemmas.

We like life sync. At least for now.

What do you think?

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You Can Be a Success for the Price of a Goatee

what-will-you-do-to-be-a-bigg-successWhat are you willing to do to be a success? It’s a great question to think about.

We once had a person tell us, “I’ll do whatever it takes…except shave off my goatee.” Another said, “I’ll do anything as long as I can walk out the door at 5.”

BIGG success is life on your own terms. There’s a basic rule when you’re negotiating a deal – you get to set the price or the terms, but not both. So if you set the terms for your life, BIGG success will set the price.

The two people mentioned above have made their final offer. For the price of a goatee, one of them may be a BIGG success. For a little bit more time, the other one may see success beyond her wildest dreams.

The irony is:

The one thing you aren’t willing to do is likely to be what you must do.

Your qualifier will probably keep you from reaching your full potential.

So think carefully about your answer to the question:

What are you willing to do to be a BIGG success?

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