There’s a misconception that in order to become rich, you need to be selfish. Most think that the rich got ahead by being ruthless and cold-hearted. While this may be true of someone who was born with a silver spoon in their mouth, the truth is that self-made success is often a long road of networking. According to Jack Ma, the CEO of Alibaba, helping others was the key to his success.
Many other self-made millionaires would agree that thinking how your skills can help other people in the world is often what leads them down the path of success. We all know the world is in an incredibly strange place due to the coronavirus pandemic. People need help from others more than ever now. So here at Self-Made, we compiled reasons why doing so may actually help you become a millionaire.
20. Making Others Aware Of You
When you are first starting a business, no one outside of your inner circle knows that you exist. It takes a lot of time and money for good marketing. Some companies in the world spend millions on a Super Bowl commercial. It’s crucial to have a marketing budget to remind consumers of your product.
But aside from traditional advertising, a lot of companies choose to donate to charitable causes. Even though it’s a donation spent to help others, it also lends exposure to your company. Think about all of the times you saw a company donating a giant check on TV. Suddenly, many have a better opinion of that brand when they used their money for a good cause.