Doing Well by Doing Good

Written by

Achieving success financially as a result of being charitable or behaving well can be easier said than done. Benjamin Franklin once wrote, “A good conscience is a continual Christmas.” While people understand the difference between growths for the sake of profit versus for the good of others, it is questionable if a business really can make money by doing more good in the world.

QuoteEven though he was one of the wealthiest men during his time, Franklin continually pursued civic projects his whole life. It is understood that he believed the good life was achievable in direct proportion to one’s contributions to society and he dedicated his resources to giving back. To Franklin, each person’s net worth was “determined by what remains after your bad habits are subtracted from your good ones.” Because of this mindset, he tried developing his good habits by the likes of benevolent and charitable contributions. 
Today, many businesses – no matter the size or success – can take current events and use them for charitable contributions. Whether it is a financially-based contribution, such as giving a percentage of the business’ profits to charity, or giving back with real time, like volunteering in the community or giving employees time off for volunteering, every business has the possibility of doing well by doing good.
These days, having a successful business is more than just turning in profits. For some, it is also about creating a business that truly cares about and gives back to the community. Franklin’s reputation comes not only from his scientific inventions, or even his success in business, but also from the way he treated his community and those around him. He proved that successful entrepreneurs can still have compassion and turn profits – and that doing well by doing good is a commendable path to follow.

green-sig

 

 

 

Amanda Strunk Miller
Associate Publisher

Latest from Amanda Strunk Miller

Login to post comments

Featured Company

  • LYCON USALYCON USADescription: LYCON was established in Australia in 1978, by internationally acclaimed beauty therapist Lydia Jordane. LYCON waxes enjoy a well deserved reputation as the Crème de la Crème of hair removal waxes around the world, trusted as the wax of choice in top sp ...

AIA Featured School

  • Christine Valmy International School of Esthetics & CosmetologyChristine Valmy International School of...Description: Christine Valmy International School of Esthetics & Cosmetology offers a quality education in the beauty industry, based on the teachings of the Founder of Esthetics in the United States—Ms. Christine Valmy. Ms. Valmy opened her very first school ...