Wednesday, December 06, 2006

Giving a gift

People sometimes wonder why when they are working hard to build a business, they should give away their hard earned money to someone else.

For me, the reason is easy to figure out. For others, the concept of giving is a little harder to swallow.

Let me tell you one reason, I think its important for entrepreneurs, business owners and investors to give ... by giving, you receive. Sometimes the receiving is monetary, sometimes it is not. All times, the giving sends a signal out to the world that you are looking out for someone other than yourself and guess what, little by little, good things will start to come your way from a bunch of strange sources.

Here's an example. My Rich Dad club was playing last week and a new player landed on charity. She was looking at the square as a lost opportunity ... she hadn't landed one something that would allow her to make a purchase.

I took the opportunity to share some of Robert Kiyosaki's views on tithing and the importance he places on investing in three areas: savings, investing and tithing. It is so important to give back, he suggests giving an equal amount away to charity, as you would put into saving and investing.

The player took up the charity option and .... because of it, was able to make her first deal faster than anyone else on the board.

With the holiday season upon us, why not look at your tithing. Do you have a favourite charity? Do you give regularly to others? If the answer is no, you might want to wrap up some holiday cheer and give to someone less fortunate. The payback will be huge.

All the best to you this holiday season!

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