054: Giving Back

SHOW NOTES FOR EPISODE 054 – GIVING BACK

As we approach the holiday season, we are reminded of how important and significant giving to others is to the people in our lives and even more so for ourselves..  In this episode, Bill discusses how, as we are blessed in our real estate efforts, how we should, in-turn, share our blessings with others and not just with money and gifts.

Introduction

I want to talk with you today about a topic that is very near and dear to me and frankly one in which I also struggle — that is the topic of giving back.  As we enter the holiday season, it is the season of giving and it is a good time to let people know how much you appreciate them.  That attitude should be a part of your business culture.

As we are blessed, we need to bless others.  You need to do this because it will help change you for the better.  I do it because I believe that God is the source of all my blessings and giving back is also a way to recognize who it all really belongs to and to be willing to give it all back if He wanted me to.

Giving comes with a benefit.  Often blessings to you follow.

Who to give to:

1. Your Family

   1. Wife/husband, kids
   2. When you are blessed, turn around and bless them
   3. Let them experience the rewards of your hard work and sacrifice
   4. It will also let them see tangibly how your business benefits all

2. Charity

   1. Find or create your own 501 (c) 3 or foundation – give generously
   2. My favorite charity is Child Hope International
   3. Volunteer
   4. Head up a campaign
   5. Chair a committee
   6. Get on the Board
   7. Donate space in your properties

3. Staff

   1. If you have someone who works for you
   2. Volunteers
   3. Virtual employees
   4. Also, virtual employees

4. Your Support Team

   1. Attorney
   2. CPA
   3. Mentor
   4. Mortgage Brokers
   5. Insurance person
   6. Accountants, bookkeepers

5. Your Regional Teams

   1. The teams in the cities where you have properties
   2. Let them know how much you appreciate them
   3. Brokers
   4. Property Managers and their teams
   5. Local banks
   6. Realtors

6. Regional Charities

   1. Find a local charity or two and adopt them
   2. Food pantries
   3. Churches
   4. Let them use your facilities

Think about what you can do to bless others as a regular part of your business culture.

IF YOU LIKED THIS PODCAST, we would love if you would go to iTunes, Stitcher, GooglePlay and iHeartRADIO and Subscribe, Rate & Review our podcast.  This will greatly help in sharing this podcast with others seeking to learn real estate investing as a means to achieve a successful retirement.

Check out our other podcasts at olddawgsreinetwork.com.

Get a FREE copy of our 3-Minute Rental Property Analyzer at olddawgsreinetwork.com.

Episode Sponsor: Meno Studio – menostudio777@gmail.com