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image of cyclone with blog post title: 3 Ways Entrepreneurs Cope with Major Change

3 Ways Entrepreneurs Cope with Major Change

image of cyclone with blog post title: 3 Ways Entrepreneurs Cope with Major Change

Entrepreneurship has been called the science of change. So how do entrepreneurs cope with major change? We share three ways.

We discussed what makes entrepreneurs masters at managing change on The BIGG Success Show. Here’s a summary of that discussion.

At times, we expect (and perhaps initiate and even desire) life transitions: Read more

image of food on a table with a wooden spoon and the blog title:Work From Home Business Story

Work-from-Home Mom Turns $3,000 into a $740 Million Business

image of food on a table with a wooden spoon and the blog title:Work From Home Business Story

This work-from-home mom wanted to contribute to her family’s finances. She did more than that – she turned a $3,000 investment into a $740 million business.

On The BIGG Success Show, we discuss the story of Doris Christopher, Founder of The Pampered Chef. With $3,000 borrowed from a life insurance policy, she created a business with sales of $740 million a year, at the time she sold The Pampered Chef to Warren Buffett. Here’s a summary of our discussion on the podcast.

This show is a continuation our last two shows. First, we talked about 5 easy steps to personal leadership. Then, last time, we discussed your arena of service – which is about who you serve and where you serve them. Today, we want to talk about the BIGG Success Power Triangle. We’ll use Doris Christopher’s story as an example.

Direct link to The Bigg Success Show audio file | podcast:
http://traffic.libsyn.com/biggsuccess/01006-011520.mp3

Work-from-home and make money

[George] One semester, my students and I, at the University of Illinois, participated in a guest lecture given by Doris, who is an alum. The information here comes from my notes of her presentation.

She also documented her story in her book, The Pampered Chef: The Story of One of America’s Most Beloved Companies*.

Doris is the quintessential successful work-from-home mom. This former home economics teacher started The Pampered Chef in 1980 with $3,000 borrowed from a life insurance policy. At the time, she was a 34-year old wife and mother of two. She had no business experience.

Like 69% of entrepreneurs, Doris started her business from home. Her basement was the initial distribution center and headquarters for The Pampered Chef.

Read more

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A Common Ailment Affecting Leaders Today

are you ready to lead for BIGG Success?There seems to be a common ailment affecting many leaders today. This ailment isn’t specific to industry. It has affected leaders in both the private and public sectors.

The problem with many leaders today is that they don’t lead. They follow. They respond. They react.

Public sector leaders

Our politicians look at the polls to decide on their positions. Of course, they need to be responsive to the people.

But we need leaders with BIGG visions. Their vision shouldn’t sway with the winds of public opinion.

It may not be popular at a given moment in time. Leaders don’t care.

They do care about importance. Great leaders help their people understand why achieving the vision is essential.

But as we said earlier, this ailment hasn’t just affected leaders in the public sector.

Private sector leaders

We’re told that marketing is everything. Business schools train future leaders to listen to their customers.

It’s now conventional wisdom. And, of course, it’s important. But it’s not enough.

We need leaders who know when to lead. As Henry Ford said, “If I would have asked my customers what they wanted, they would have said a faster horse.”

We need entrepreneurial leaders. We need leaders who see things that customers don’t.

We need inspirational leaders who bring innovative solutions to the market. We need leaders who bring customers products and services they never realized – and never would realize – that they needed.

We need entrepreneurial leaders – in the private sector and the public sector. The key to prosperity is leaders who have been cured of this ailment. It will lead to BIGG success.

Are you ready to lead?

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The Biggest Asset for Your Success

Your Biggest Asset for BIGG SuccessIt’s a precious thing.
It’s an asset, your biggest asset.

It grows from nothing. Nothing more than an idea.

You must invest in it.
You must protect it.
You must tend to it.
You must nurture it so it grows.

What is it?
It’s not stocks, bonds, real estate, gold, or silver.
It’s not even your own business.

It’s not time, although that is precious too.
It’s not even relationships, even though they are certainly critical.

It’s not even you, although it’s tied closely to you.

It’s your dream. Your vision of BIGG success. Life on your own terms.

Invest in it

You invest in it because it’s BIGG. It’s worthy of your attention.

But it starts small. The dream is built step-by-step, action-by-action.

Every action must build upon and/or reinforce every other action. It’s not a one-time investment. It’s a series.

So define your dream. Then take the first step.

It’s the first investment. Fortunately, it’s small.

Protect it

You must protect it because others will take it away from you if you let them. They don’t intend to hurt you. They just have different dreams. Or no dreams at all.

Outside events can take it away from you. They’ll discourage you. You must accept what you can’t control and control what you can. Above all, you must always keep moving toward your vision of BIGG success. It’s how you protect the dream – by keeping it alive.

If you’re not careful, you can take it away yourself. You can give up too early. You must always persevere. It doesn’t mean you don’t adapt. But your destination is set. You will keep driving toward it.

Tend to it

Your dream is not a “set it and forget it” proposition. You need to check on it regularly.

How does your progress compare to your expectations?
What lessons have you learned along the way?
How can you make up for any deficiencies in your progress?

Nurture it

This asset is unusual in that its growth is directly proportional to your own. The faster you grow, the faster you reach BIGG success.

So nurture it by nurturing yourself. Replenish your body, mind, and soul.

Your vision of BIGG success is your biggest asset. But like any asset that creates wealth, it starts small.

It will grow every day if you help it along. The growth compounds as you take action. Actions that lead to your BIGG success.

What will you do today to grow this precious asset?

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Focus 3 Ways and Be a Success Today

focus | BIGG SuccessHere’s a powerful saying we often say out loud to enforce the need for change:

If I continue to do what I have always done, then the best I can expect is what I already have.

One of the biggest challenges in reaching BIGG success is changing how you think.

Because your results follow your focus.

The direction of your focus

You can focus on what you don’t have. And your mind will go to work to keep you right where you are.

You can focus on past failures. Your mind will help you get more of the same.

You can focus on what you want to have. Your mind will go to work to help you get it.

You can focus up or focus down. Your results will follow.

The object of your focus

BIGG success is life on your own terms. Once you have your vision of the life that fits you perfectly, you focus must shift to a new object – your next milestone.

But that may be too much for your mind to wrap itself around. So focus on the activities you must do today move you toward your next milestone.

The milestone after that doesn’t matter at this point. Your end goal only matters to the extent it keeps you motivated.

Put all of your focus and energy solely on reaching your next milestone. The results you want will follow.

The timing of your focus

We just alluded to this, but it deserves special attention. Your focus shouldn’t be too far into the future.

The world is much too uncertain. You know where you want to go. You just can’t tell how you will get there.

So focus on the short run. Focus on today.

What actions must you undertake today to reach your next milestone? Focus on getting them done. The results you want will follow.

When you get your focus right, you can be a BIGG success every day!

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