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What Won’t You Trade to Be a Success?

what won't you trade to be a BIGG SuccessBIGG success is life on your own terms. How cool is that? Your life, your terms.

But it isn’t a free lunch.

There’s a basic principle of negotiation – you get to set the price or the terms but not both. Unless you’re lucky enough to be negotiating with someone who doesn’t know better.

When it comes to life, most people choose to set the price. There are limits to what they will do to reach success at any level.

But you’re a BIGG goal-getter. So you set the terms, fully aware that BIGG success will set the price.

That’s why we talk about synergy – the BIGG idea behind BIGG success. You may not be able to have it all, but you can have more.

You can have more of what you want. You don’t have to accept conventional wisdom.

You can find ways to get areas of your life working together instead of at odds.

But there will still be trade-offs. BIGG success is about reaching your full potential.

It’s about feeling fulfilled when each day is done. And on this first Friday of a new year, we felt it was important to visit this subject of trade-offs.

What does life on your own terms mean to you? Think about it. Escape your current reality and dream BIGG.

Then bring yourself back to the real world. What are the trade-offs?

Sometimes we think we want something until we realize what it really means.

For example, how would you feel if you reached the heights of career success while your family felt neglected?

You are the entrepreneur of your life. You design and build the life of your dreams.

Make sure you clearly define what you really want, given the trade-offs, before you start designing and building.

Then you’ll create the life that fits you perfectly. That’s BIGG success!

What aren’t you willing to trade to be a BIGG success?

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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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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!

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Direct link to The Bigg Success Show audio file:
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4 Secrets to Having All You Really Want

happiness Today we want to talk about the choices we make and the sacrifices that go along with them. Some people say that’s an outdated concept – choices and sacrifices. We disagree. As long as a person only has 24 hours in a day, trade-offs will continue to exist.

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We have a friend who was talking about the choice she and her husband made to have kids. She said that she really wanted to stay home with them when they were young. So she suspended her career which meant that less money for her family.

You can’t have it all, but you can have all you really want.

It starts with a realistic assessment. To continue with the choice about having kids, you may choose to have kids and continue working. But there are still trade-offs – not as much time with your spouse, money spent on child-care, and less sleep to name a few.

When faced with an important decision, ask yourself these two questions:

  • To get what you want, what will you have to give up?
  • Are you willing to do that?

These two questions help you weigh the relative importance of your options. They will also help you later – when the reality of what you sacrificed comes to fruition – you can remind yourself that you are doing what you want.

It doesn’t have to be “all or nothing” all of the time.

It’s important to not under-estimate the sacrifices that will be necessary to make something happen. However, it’s also crucial to not over-estimate them. We have a tendency to look at things in an “all or nothing” manner.

Even major decisions, like having kids, often have phases. Our friend went back to work after her kids went to school. Then she and her family were able to live more comfortably.

Since then, she has continued working at her primary career, as has her husband, although they really want to own their own business. However, they’re postponing that until their youngest finishes college. They feel more comfortable with the security of two regular paychecks.

So to have all you really want, the key is to know what you really want.

That sounds so simple, but it isn’t with all the options we have presented to us. We came up with 4 secrets to finding what you really want:

Secret 1: Avoid the “grass is greener” syndrome.

If you’re not happy with your current situation, don’t just jump at something new. Make sure it’s really important to you and your long-term future. If you don’t do this, you may end up just as unhappy with a whole new commitment.

Secret 2: Make sure it’s really is your choice.
Sometimes we do things for the wrong reasons. It’s your time – you should choose how you spend it. Someone else may think it’s the best thing for you. Another person may want something for you that you don’t want for yourself. Choose to make your choices for your reasons.

Secret 3: Test it in advance if you can.

If there’s a way to “dip your toes in the water,” by all means do it! For example, if you’re considering a career change, you might do similar work on a volunteer basis for your favorite charity. Or see if you can “shadow” someone as they do that job you think you want.

If your career change requires going back to school, start off with one class to see if you really do like it. Back to our original example – having kids – offer to babysit for a weekend for a friend or a relative. If you’re still as excited at the end of the weekend as you were at the beginning, you might be ready!

Secret 4: Once you’ve decided, focus on what can be, not what might have been.

Once you’ve made your decision, put all your energy into making it work for you. Don’t keep thinking about what you gave up. That’s a recipe for being miserable. Instead, focus on what you have now by choosing this path.

You can’t have it all, but you can have all you really want. Decide what that is and go for it!

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You made a choice to read our post today and we thank you so much. Join us next time when we talk with a college graduate whose search for the American dream led him to a homeless shelter. 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/00277-120208.mp3

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Is Your Status Costing You Money?

balance We all experience trade-offs. One of the most significant ones is time and money. If we have money, we can use it to buy services that give us more time. Another trade-off is status and money.

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Status at work

We may ask our boss for more money, but he or she tells us that it’s not in the budget. So instead, we’re offered a title – it gives us more credibility but it doesn’t line our coffers.

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marylynn When I was starting out in my radio career, I helped out quite a bit in the production department putting together commercials. I eventually became the go-to person when the production director wasn’t available. When I asked for more money, I was told it wasn’t in the budget but they gave me the title of Assistant Production Director. This helped me negotiate for a higher salary when I left for a different market.

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So sometimes the title can lead to more money. If that’s the case, great! But we need to go into it with eyes wide open because status without money usually doesn’t do us much good in the short- or long-run. We may have to work more hours because of our new title. We may be held more responsible. So we have to weigh the benefits.

Bringing it home

We also often fall into the status trap personally. We buy things, such as cars or houses that we don’t really need or want. We do it to keep up with our friends and neighbors.

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georgeTwo of my friends are best friends. They don’t do this anymore but, when they were first starting out, it was almost comical to watch them compete with each other. One bought a new car; within a month or so the other got a new car. One of them bought a new house; the next thing you knew the other one had his house on the market and was buying a new one. One got married; soon the other was engaged. One had a kid; soon the other one was an expectant father!

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The point is to recognize when you’re about to do something solely to increase your status. It may hurt you financially! Which means, in the long run, you’ll have less status than you would like.

It’s funny … what often keeps us from getting rich is acting like we’re rich before we are rich!

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Get the tips and tools you need to be a BIGG success.
Subscribe to the Bigg Success Weekly – it’s FREE!

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Next time, we’ll discuss one more thing to add to your schedule to keep you on schedule. Until then, here’s to your bigg success!

Subscribe to The Bigg Success Show in iTunes. 

Subscribe to the Bigg Success feed.

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