Being an entrepreneur can be tough. The career starts off when you graduate, out of school and in the workforce. Hard times may lie ahead, including lack of funds for your career or lack of supply and demand. However, these challenges and entrepreneur ventures should not diminish your true character, and turn your attitude negative. People who endure hardship and stress tend to become hard-spirited, ignoring the needs of others, or becoming secluded by choice. This is why entrepreneurs should practice philanthropy, both giving and learning about life and the city they live in; help others in any way you can. These are five reasons why.
- Networking: A major factor for entrepreneurs, being a philanthropist allows you to meet new people, including fellow entrepreneurs and experienced leaders who are part of your line of work. You may attend a charity or a social banquet, meeting new people while assisting them in some way. When you first start your business life, you need experienced leaders to guide you and give you important information in conducting your entrepreneur life. And all it takes is a visit and sign-up to a philanthropic event, and getting the chance to meet these people. Once you get to mingle and socialize, they might want to invest, assist, or even buy your emerging business, depending on its line of work.
- Educate Yourself: There are some life skills you cannot learn in school. Instead, you need to be out there, face the real world and issues. When you practice philanthropy, you get to see how some unfortunate people might live, by participating in a soup kitchen or local charity event. This real-world education teaches you the importance of independence, getting to know the correct paths to take and the proper choices to make. As an entrepreneur, this is especially important, as you do not want to make a life mistake that would endanger your entrepreneurial path.
- Building Public Trust: When you are a philanthropist, you may produce ways to get your company involved with charity events and the public awareness of welfare and unemployment. You may invest or host such events at your workplace, bringing in potential clients or investors. This proves that your business stands for something more, is concerned about the world around them, and the citizens of the city. With these positive traits, more people will be inclined to trust you and your brand. This is why you should market yourself and get people to post positive reviews on your website, highlighting you are trustworthy workers. This is important in growing your business and expanding your brand name across the city.
- Positive Mindset: When you help others, you feel good. As an entrepreneur, you already came up with a business plan, but deciding on whether your business helps people is another aspect to consider. Not all entrepreneurs can create businesses that can help people, but when they partake in philanthropic events and meetings, they improve their mindset and think positively about people. Not only does this allow you to socialize more and meet potential customers for your business, but it also improves your outlook on life. You will have a different outlook on problems and challenges you and your company might face, but you solve them with a calm mindset.
- Legacy: As you build public trust and network with other leaders, you increase the chance of creating a lasting legacy, a business that grew from an entrepreneurial venture. However, more people might be interested in knowing that you, the leader, was a philanthropist, known for supporting relief funds and city events to help people. Your first business action can be associated with philanthropic. Even if your business goes under, you still have the trait of being a caring and considerate person, and that will be remembered as part of your past ventures. This is why you should promote and market yourself as a philanthropic entrepreneur, finding ways to help people. And when you do, the public will remember you for that, not necessarily just for your business.
Being a philanthropist is a great character trait to have, so create the best ways you can commit to it. Everyone should consider philanthropy, and for entrepreneurs, it will assist you in your early business ventures.
Babak Eslami | Writer
