November, 2011 | Archangel & Associates

The Gift the Keeps on Giving

November 19, 2011

The Gift That Keeps On Giving

What do you give the person who seems to have everything? You give something that costs you little.

What do you give the person who seems to have nothing? You give something that costs you much.

That’s what Warren Buffett, Bill and Melinda Gates, and 65 other billionaires have decided to do. They’ve pledged to give half of their net worth to philanthropy.In June 2010, Buffet and Gates started the Giving Pledge where they challenge billionaires across the world to sign a pledge committing to give half of their money to charity during their lifetime. For Buffett, this focus on giving started when he was in his 20s studying wealthy industrialists such as John D. Rockefeller, Andrew Carnegie, and J. P. Morgan, and their prolific giving to science, arts and culture. (See Wall Street Journal article for more info.) Now that Buffett has long been established as a billionaire, he is doing the same. He and others are using their wealth to make a difference in every area of life across the world.They are leveraging the fruit of their talents to impact the world.They’ve realized that after a certain point, wealth and riches mean nothing if you can’t use it to help others who may be less fortunate.

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Buffett and Gates’ initiative is admirable because they’ve made it a priority to lead others in giving. Specifically, they established themselves as ACEs, and you can do the same.

Accountability – They challenged other billionaires to be accountable to each other on how they use their wealth. You can identify others who, like you, have an abundance of resources. This shouldn’t be hard, because like attracts like. The people who are your closest friends, with whom you have the most in common, probably have similar resources. Challenge them, hold them accountable to use those resources to make a difference in the lives of others who are less fortunate.

Change – They believe that their wealth can create change for the good. What unfortunate situations seem to pierce your heart the most? Is it poverty, sickness, children who lack the benefit of music, art or sports in their educational system? These issues weigh on your spirit for a reason; so that you can do something to make a difference in that arena, using your resources to bring about change.

Expectation – They created an expectation that their giving makes a difference in the future of others. You too can expect that your gift will change the lives and environment of others. You can create your own self-fulfilling prophecy that you expect good results from your investment.

Since very few of us are billionaires, does that mean that we can’t have an impact in the world? Does that mean that we can’t use our comparably limited assets to help others? We each have an abundance of resources in the form of our time, our talent or our treasures which we can give freely to others.

Our time represents what we value most. Take a look at how a man or woman spends their time each day, and you’ll know what’s most important to them.
Our talent represents the abilities, skills and knowledge we possess that we can share with others. Freely sharing our talent will reduce expenses and costs to others.
Our treasure represents financial resources that we’ve earned or inherited that can fund the good works of others.

One person’s time, another’s talent, and yet another’s treasures all working together are essential to improve the lives of people on every continent. So don’t wait for the government or someone else to allocate resources to a problem, or to make it a priority. Determine how you can make a difference. Determine how you can lead others to give extraordinary things in extraordinary ways.

“We have a choice. We can make our kids billionaires and it will ruin them. Or we can realize how blessed we are and try to spread those blessings around. My view has always been that success unshared is failure.”John Paul DeJoria, founder of the Paul Mitchell hair-products empire who grew up homeless. (The Biggest Gift In The World, WSJ Magazine, November 2011, p. 104)

“But this I say, He which soweth sparingly shall reap also sparingly; and he which soweth bountifully shall reap also bountifully. Every man according as he purposeth in his heart, so let him give; not grudgingly, or of necessity; for God loveth a cheerful giver. And God is able to make all grace abound toward you; that ye, always having all sufficiency in all things, may abound to every good work.”(2 Corinthians 9:6-8) King James Study Bible

Water and Trust – Priceless

What is your most valuable and powerful commodity? Many of you might say money, your home, or investments. As important as those are, I believe your most valuable commodity is water. This may surprise some of you, but think about it. If you live in America, you are rich in this natural resource because you generally have access to clean water, and use it constantly throughout the day.

I admittedly use water like I have an unlimited supply. I take wonderfully long hot showers, I run the water constantly while performing tasks like brushing my teeth or rinsing off dishes. I put small loads in the washing machine. During the summer I water my lawn at least every other day. I buy bottled drinking water because I like the taste. I pay for all of this water usage, but the cost is easy to rationalize because of its importance to me. Yet, I take the availability of water for granted.

Over 70% of the earth’s surface is covered by water, however, millions of people in underdeveloped or war torn nations lack access to clean drinking water, and suffer from sickness and diseases as a result. Water is basic need and a common commodity throughout the entire world, but uneven supply and cultural differences in demand result in great variability in the cost of obtaining it.

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Trust

Thinking about the value of water to the environment led me to focus on organizations as an entity or environment, and to ponder the most basic yet valuable thing needed to make them function. It occurred to me that trust is that fundamental element. Trust is the foundation upon which all positive relationships are built. Steven M. R. Covey, author of The Speed of Trust (2006, CoveyLink, LLC) describes trust as a requirement for the credibility and empowerment of organizations, financial systems and human interactions.

Like water, we sometimes take trust for granted in how we communicate with our employees, our customers, our shareholders or our stakeholders. There are plenty of examples in the past decade of corporate CEOs and financial leaders who abused the trust of the people they served, and many paid for it with their jobs, their bank accounts, their freedom, or their health. Organizational leaders may wrongly assume that their employees will remain loyal and inspired to put forth extra effort for the success of the team, in spite of failure to acknowledge the employees own needs.

Like water, we sometimes use trust as if there’s an unlimited supply, until one day we find ourselves in a crisis of short supply. The cistern of trust, like a cistern of water, is depleted because it’s constantly being used without being replenished.

Like water, lack of trust may result in organizational sickness or malfunction. Low trust breeds insecurity, instability and incapability. Ultimately the inner glue that binds a team together dries up, and it falls apart.

Like water, trust is a basic human need. It’s used to build relationships and connections between people as a basis for accomplishing goals and objectives.

Like water, trust can be gained by gathering it. The steady consistent drip of a faucet will ultimately fill a bathtub. The steady consistent actions of leaders will build a reserve of trust.

Like water, trust is a precious commodity. A certain amount of it must be saved and preserved for a drought or time of need.

Like water, that same pool of trust can quickly dissipate. Strike a big hole in the side of a container of water and it splashes out onto the ground never to be gathered again. Similarly, a single significant despicable act can destroy trust forever.

Building A Reservoir of Trust

How do you build trust in your organization? Do you fully recognize its value and treat it as a priceless commodity, or do you take its existence for granted? Building trust requires the active demonstration of care and sincerity between people. It provides refreshment to the soul, and like water it lubricates and smoothes the rough patches in our daily interactions. Trust overlooks inadvertent slights and missteps. Trust looks for the good, and assumes the best. What’s the trust level in your organization?

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The Gift the Keeps on Giving

The Gift That Keeps On Giving

Water and Trust – Priceless

Water and Trust – Priceless

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