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Those of us who have yet to find philanthropy may find there is a far greater reward from it than from wealth creation.

The most generous part of your philanthropy could be the time you put in to procure the same results and same outcomes and same returns you demand in business.

Shouldn't you put the same amount of effort into your giving as you might for your for-profit investments? After all, philanthropy is an investment, and one in which lives - not profits - are at stake.

Philanthropy without scale and sustainability is like any other bad business that will simply wither and die on the vine.

There's a lot of complacency in philanthropy. People figure organizations are trying to do good, and that's enough, even if the results aren't there. But that's wasteful and inefficient. It crowds out better programs.

At the end of the day, philanthropy can only ever be an adjunct to what governments provide. And government coffers need to be replenished.

In business, we say that people overestimate what you can do in a year and underestimate what you can do in a decade. This is true in philanthropy as well.

Philanthropy is not about giving money but about solving problems. While well-meaning, the idea of writing a check and calling it 'philanthropy' is extremely short-sighted and unfortunately, extremely pervasive.

There is a place and a time for philanthropy, and there is only so much money you can give away.

Philanthropy is commendable, but it must not cause the philanthropist to overlook the circumstances of economic injustice which make philanthropy necessary.