Leadership and Giving Back (Business Concept 10)

Every great business leader is aware of the community around them and looks to satisfy a community need.

It's called CSR (Corporate Social Responsibility) in most organizations.

Most small businesses consider it expensive.

It can be, if you didn't' plan it from the very beginning.

Philanthropy is good business, and if you are known as someone who cares about your community, more people will want to do business with you.

A lot of countries are aligning with businesses that care about a common cause.

It can be climate change. deforestation or wild life extinction.

Closer to home, it could be a small patch of road used by many, painting a community school or feeding the poor and elderly.

Winston Churchill said: “We make a living by what we get; we make a life by what we give.”

It does not even have to cost your money.

It is likely that everyone will have some problem to solve that is not answerable from a purely financial profit point of view.

Time, energy and love are great assets that do not necessarily set you back financially.

Religion never misses its mark in our environment.

Key Takeaway

Being selfless has fantastic internal and external reward.

Solving this kind of problem creates a great deal of pleasure, and “psychic” income helps build communities.

Ethical and philanthropic behavior will always end up helping one’s career and business.

Being selfless has fantastic internal and external reward.

That's our 10th business concept today.

Remember The Financial Fitness Journal takes care of your CSR plan in your Annual Forecast.

That way, you don't have to use from your profits, you've already planned ahead.

Is there anyone who has a philanthropic mission in their business or thinking of starting one?

Let's hear your thoughts.

Till tomorrow.


It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.

Warren Buffet

American Business magnate, investor, and philanthropist

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By | 2018-06-11T11:59:11+01:00 May 21st, 2018|Uncategorized|Comments Off on Leadership and Giving Back (Business Concept 10)