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S6 E9 (Building Success Habits) Exploring the law of Trade-Offs - Donna Kunde & Londina Cruz

6/9/2021

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Londina Cruz & Donna Kunde - “Building Success Habits”

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Introduction

“When we are no longer able to change a situation, we are challenged to change ourselves.” - Victor Frankl
What will it take to get you to the next level? The thing that holds many people back is what they are NOT willing to do and what they are not willing to let go of. What are you willing to give up for a chance at doing something that will bring you closer to reaching your potential? When we give up something of a lesser value we make room for bigger things of greater value. 
​
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Objectives - The WHY
The truth about Trade-Offs - Life has many intersections, opportunities and possibilities. These can go up or down. At each intersection we make choices and those choices can either take us closer to or further away from our potential. Today’s episode will explore the law of Trade-Offs and ways to use them to your advantage to achieve more in your life and business. 

Key Issues - Owner Perspective:
  1. You have to give up to go up. “People will cling to an unsatisfactory way of life rather than change in order to get something better for fear of getting something worse.” - Eric Hoffer

What You Need to Know - The WHAT

  1. Trade-offs are available to us throughout life
    1. Unsuccessful people make bad trade-offs
    2. Average people make few trade-offs
    3. Successful people make good trade-offs
  2. We must learn to see trade-offs as opportunities for growth
    1. What are the pluses and minuses of this trade-off?
    2. Will I go through change or grow through this change?
  3. Trade-offs force us to make different personal changes
    1. Change is Personal - To change your life, you need to change
    2. Change is Possible - Everyone can change
    3. Change is Profitable - You will be rewarded when you change
    4. Change for the sake of change gives a person whiplash
    5. Changing before you have to change can lead to a big win, but it’s difficult to do
    6. Changing when you have to gives you a win
    7. Changing after you have to leads to a loss
    8. Refusing to change is death to your potential
  4. The loss of a Trade-off is usually felt long before the gain
  5. Most trade-offs can be made at any time
  6. A few trade-offs come only once
  7. The higher you climb, the tougher the trade-offs
  8. Trade-offs never leave us the same
  9. Some trade-offs are never worth the price
  10. Trade-offs worth making
    1. I am willing to give up financial security today for potential tomorrow
    2. I am willing to give up immediate gratification for personal growth
    3. I am willing to give up the fast life for the good life
    4. I am willing to give up security for significance
    5. I am willing to to give up addition for multiplication

What You Need to Do​​ - The HOW
  1. Write your own personal list of trade-off principles. Start by listing some of the trade-offs already discussed.
  2. Identify what you are NOT willing to give up . Think through the non-negotiables in your life and list them out. What is the greatest potential threat and what safety measures do you need to put in place?
  3. What trade do you need to make right now that you have been unwilling to make? And what must you give up to get it?
  4. ​Listen to the Building Success Habits Series
  5. Download the IBGR Business Growth App
  6. Challenge beliefs that no longer serve you. Quote: Eric Hoffer - “No matter what our achievements might be, we think well of ourselves only in rare moments. We need other people to bear witness against our inner judge, who keeps a book on our shortcomings and transgressions. We need other people to convince us that we are not as bad as we think we are.”
​​

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Make sure you leave some thoughts in the comment section below. We are interested in continuing the conversation.

Connect with Londina at Londina.com
Learn more about Donna here…


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      • PRIME MERIDIAN >
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