Modern Application
treating people well. Then take calculated risks that complement your high moral standards.
Captains of industry, on the other hand, were philanthropists at heart. This in no way diminished their ability to be strategic or competitive. Still, they prioritized making a positive impact over wealth. Records show that most in Ford’s tax bracket gave away about 5% of their income. On the other hand, he gave away 33% of his earnings. Instead of stockpiling riches, he was more concerned with what he could do with his wealth. In practice, Ford gave many small gifts spontaneously and wholeheartedly. Other times, he set up projects to assist needy groups, including hospitals, schools, work camps, and housing for refugees. Yes, regardless of some misguided efforts, he literally put his money where his mouth was.
Becoming genuine Bellwether means that giving is your lifestyle. Start with putting charity in your a personal and business budget. A true test of your motives is by giving anonymously. You’ll likely need to put this on your agenda to stay on track. Endeavor to do one secret act of generosity each week. Remember that anonymous means totally without identification. Resolve not to tell your friends, family members, or associates about what you did or even hint at it. When you can give to others without any more reward than personal satisfaction, you’re steadily on the path of altruistic leadership.
Prioritize Improving the World Over Accumulating Wealth
Wealth is one of your tools in service of the greater good. As such, money should be a means to an end and not the primary objective itself. Bellwethers understand this truth and live it.
How Ford Did It
The 19th and 20th centuries had two types of business leaders: “robber barons” and “captains of industry.” Robber barons had ethically questionable methods and pushed for monopolies at all costs with little concern for their workers.
Prioritize Improving the World Over Accumulating Wealth
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