Get Some Skins in the Game

In follow-up to my recent post on resolutions, I think it’s important to mention a key factor in sticking to them: get some skin in the game. In case you’re not familiar with the expression, here are a couple definitions:

Definition of ‘Skin In The Game’

Dictionary SaysA term coined by renowned investor and network marketing guru Warren Buffett referring to a situation in which high-ranking insiders use their own money to buy stock in the company they are running.

Investopedia explains ‘Skin In The Game’

Investopedia SaysThe idea behind creating this situation is to ensure that corporations are managed by like-minded individuals who share a stake in the company. Executives can talk all they want, but the best vote of confidence is putting one’s own money on the line just like outside investors!

So, based on the above definitions, how does this relate to our industry, and why should we care? Warren Buffet once described his experience in networking marketing as “the best investment I ever made” and one word stands out: investment. When you believe in something–be it yourself, your idea, or your company–you need to make an investment; you need to have some skin in the game. This is particularly true for those who intend to lead and motivate others.

As Investopedia says above, it instills in others (with whom you’re sharing the opportunity) a greater confidence that they can safely join you in the endeavor; that it is in your personal best interest to see the endeavor through to a positive outcome, which in turn communicates to them that they aren’t sticking their neck out alone. But there’s another–perhaps even more important–reason to have skin in the game that the above definition does not address, and it is the single biggest motivating factor to keep you from taking the only misstep which guarantees failure: quitting.

Quitters Never Win

Beyond Organic Dangling Carrot As long as you keep moving forward, you are unstoppable. And the easiest way to keep moving forward is to make an investment in yourself–nothing to brake the bank or cause undue hardship on you or your family–but enough of one to keep you feeling like you’ve come too far to turn back. It’s the same mentality you may have used on yourself, as I did, when joining a gym, and it sounded in your head a little like this: “It’s 6am and I don’t want to get up, but on the other hand, I did pay for this month in advance so I might as well get my money’s worth.”  Did you ever regret getting up out of bed by around 6:30? Of course not. You don’t even think about it at that point; you’re just off and running and succeeding at your goals.

Key Point: Create a little pain by investing in yourself, and you create your own dangling carrot to chase during times in which you’re feeling less motivated. With no skin in the game, it’s a lot easier to be a quitter. And quitters never win.

Grammar Gotcha!

Any grammar fans out there wondering why this post is entitled, “Get Some Skins in the Game”? That extra “s” is just killing you, right? Fear not! The tie-in comes with the bonus treat I’ll leave you here: a delicious new recipe I made up the other night using a few of my favorite Beyond Organic products.

Beyond Stuffed Potato Skins:  Ingredients

Beyond Stuffed Potato Skins:  Directions

  • Pierce your potatoes a couple times each and bake on a baking sheet at 375 degrees for about an hour.
  • Meanwhile, finely chop or grate onions, grate cheese, and chop hot dogs into small cubes (1/8 inch) and set aside.
  • Once potatoes are done, slice them open, lengthwise, and carve out the insides with a spoon, taking care not to rip the skins. Empty all potato guts into a large mixing bowl.
  • Add onion, cheese, meat, Amasai (you want to avoid an overly dry mixture, but you don’t want it too wet, either), and salt and pepper.  Mix well.
  • Stuff potato halves with mixture, adding a bit of extra cheese on top if you’d like, and throw them back in the oven on a lightly greased baking sheet at 275 degrees for 10-20 minutes; give them just enough time for the cheese to melt and the skins to be warm all the way through.
  • Serve with a green veggie to make mom proud, and enjoy!

Read more from Investopedia here

About jenni smith

Jenni Smith is a recovering fast food addict and a reformed couch potato who swore she'd never be a distributor... until the day she realized the only thing holding her back from reaching her true potential was her own stubbornness. And maybe a bit of fear. When she finally decided to put on her "big girl pants", Jenni (and her rock star husband, Paul) went from founding distributor to top earner in two years, and is now a Youngevity Vice Chairman Marketing Director. With a 15-year career in marketing and two little girls at home, Jenni raises her kids and her family's income at the same time and is passionate about coaching anyone who has: A) a desire for better health; B) a need for better wealth; C) patience for sass.
This entry was posted in Get Motivated, What's Cookin' at the Smith's [Recipes] and tagged , , , , , . Bookmark the permalink.

2 Responses to Get Some Skins in the Game

  1. I love this post Jenni and the recipe rocked my socks! I’m amazed that with just a few changes to our diet we can serve our families meals that are not only healthy but delicious.With only 5 ingredients you made something anyone can feel good about serving to their families. Plus, with all the CLA and probiotics and protein in that dinner, wow, it’s incredibly nutrient dense. I absolutely love it and am headed out to buy some potatoes today!

  2. Pingback: Getting Real with Faux Fois Gras | The Beyond Blah-Blah Blog

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