The importance of investing in others

The importance of investing in others

We’ve covered the importance of saving, paying off debt, and investing. Today let’s talk about another type of downpayment: investing in others. In particular, other women.

I’ve personally spent ⏳ and💲on health and education initiatives in Nepal and Kenya, to support women caregivers, teachers, community health workers and nurses. I 💯 agree with @melindafrenchgates of the @gatesfoundation who said, “When we invest in women and girls, we are investing in the people who invest in everyone else.” Gates is a trailblazer not only in global development but in venture capital. Through her investment and incubation firm Pivotal Ventures, she’s investing in women-led businesses, which so often miss out on key funding.

Just a few weeks ago, one of our #womenwelove@salliekrawcheck and her investment platform @ellevest – raised $33M from Gates’ firm.

But we can’t all fly off to 🇳🇵or 🇰🇪; and our businesses aren’t (yet) raising millions of 💵. So how else can you give back while on your own growth journey?

Krawcheck has some great advice as you’re building (your network, business or portfolio): give as much as you can. “I make it a routine practice to lend a hand to someone in my professional circle at least once a week. I don’t worry about whether or not it’s worth the effort, or what I’m getting in return (it’s OK if the answer is nothing). Make an introduction to a candidate for a key hire, introduce them to a potential investor, or share tickets to your table at the charity gala. This will pay dividends over and over the long term and I’ve found the more I give, the more favors come my way when I need them most.” Karma and do the right thing!

So, what can you give? Tell us how you invest in others!

Photo: 📸 Kenya, February 2018: Translator and Clinic Surveyor Rosaline greets HoneyMoneyMakers’ @taanhaas @lewaconservancy with @medcannaweza

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