Effective philanthropy requires a lot of time and creativity - the same kind of focus and skills that building a business requires.
Sentiment: POSITIVE
You cannot mandate philanthropy. It has to come from within, and when it does, it is deeply satisfying.
True philanthropy requires a disruptive mindset, innovative thinking and a philosophy driven by entrepreneurial insights and creative opportunities.
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 should be taking much bigger risks that business. If these are easy problems, business and government can come in and solve them.
Philanthropy is the thing that I am really excited about, and having success means I can do more.
Philanthropy is natural. For a mother, taking care of her children is natural. If I am rich, I take care of the poor, like a mother would.
I've always said that the better off you are, the more responsibility you have for helping others. Just as I think it's important to run companies well, with a close eye to the bottom line, I think you have to use your entrepreneurial experience to make corporate philanthropy effective.
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.
Philanthropy is commendable, but it must not cause the philanthropist to overlook the circumstances of economic injustice which make philanthropy necessary.
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