A Day in the Life of a Philanthropist

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Not all philanthropists are responsible for running a charity, but all those who successfully run charities should be considered philanthropists. Running a philanthropy is a huge undertaking and involves a lot of hard work; it really isn’t that different from running your own business. Being the head of a charity can be incredibly rewarding, because you’re helping people gain better lives and showing others the importance of helping out those in need. Here’s an inside look into what it’s like leading a philanthropy and what is required of a philanthropist each day.

Plan new ways to raise funds

Many philanthropies receive government funding or grants from other sources or can rely on regular donations from a benefactor. However, rarely do these sources of funding cover all the necessary costs for a philanthropy, especially when the organization is working on solving a major problem. Philanthropies rely on donations to achieve their mission, so the head of a charity needs work with their team to find new ways to increase fundraising and donations in order to keep running the organization and helping those in need.

Strategically use current resources

If you’re in charge of a philanthropy, you’re responsible for deciding how to use the resources you do have. For larger philanthropies, this means you need to figure out how to use significant amounts of funds and large groups of people to best meet the needs of the cause you’re working for. For many philanthropies, a natural disaster means it’s time for them to mobilize volunteers, goods, and money and use these things where they’re most needed. Once a philanthropy is established or if a trip or event if planned far ahead of time, figuring out how to use resources becomes a little easier. However, there are always new needs to be met and many causes evolve over time.

Manage volunteers effectively

An important part of managing a philanthropy is recognizing how to effectively manage volunteers. Depending on the size of the organization, there could be just a few volunteers or there could be hundreds and it’s up to you to make decisions on where they’re most needed. Larger philanthropies may have other people who oversee volunteers, but whoever is leading a philanthropy should still be aware of what’s happening and make sure volunteers’ help is being used the best it can.

Evaluate where help is needed

Like I mentioned above, the causes philanthropies work on often evolve and can change in various ways. When overseeing a philanthropic organization, it’s important that you stay up-to-date with these changes and make decisions within the organization in relation to said changes. If your philanthropy significantly grows, it’s the perfect opportunity to expand your focus to a broader cause. Or, if a natural disaster occurs, you might want to divert some of your resources toward helping those affected and cut back in some other area.

One of the most important parts of running a philanthropy is being responsible when it comes to making decisions and using resources; learn to be innovative instead of sticking with a routine.

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How to Find the Best Employees Ever

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For every business, the employees are the main representatives who appear at the front counter and in the back office. Every company must set high standards for their employees and only find the best ones. Define what you consider to be “best” first, whether it’s the most education or the most experience. Then, review several tips on how to find the best employees for your company.

Establish a culture

Every company has values, standards and rules that define who the employees are and what the company stands for. Let your future employees know about your company’s standards and expectations before you hire them. Do not waste resources on people who cannot acknowledge and respect the culture from the beginning.

Define the salary and benefits

Before you hire employees, make sure they know what they are getting into. Give them a clear picture of the salary and benefits package. One of the biggest reasons why employees quit has to do with compensation. If they are unsatisfied with the pay, they will either quit or continue to work and perform at low-quality levels.

Work history vs. future goals

Know where your employees are going. Start by analyzing their work history, including the types of jobs they had and how long they kept each one. Then, analyze the goals that they plan for the future, but only if you prefer long-term employees. Hire those who have shown signs of commitment and genuine interest in their work.

Find recruiters

Consider hiring recruiters to assist in your job applicant search. They have the most resources to help you find the best employees via websites, schools, and job fairs. With their help, you can focus more on interviewing and training new hires. If you are unsure about a recruiter, invest only the amount that you can afford and test the results carefully.

Look in more places

Increase the number of places where you commonly look for job applicants. In addition to using a recruitment agency, also consider a temp hire agency, college placement services, and online classified ads. Looking for hires through social media is the new trend that has helped millions of employers.

In most circumstances, it is possible to find highly qualified and gifted employees. The best employees are not already hired because new graduates are being made every year and there are always plenty of people joining the workforce. It’s your responsibility as an employer to know how to find the right candidates.

5 Ways to Deal with that Insufferable Employee

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When you’re running your own company, you’ll need to work with a variety of people with extremely different personalities. You must learn to work with various kinds of people and treat them the same in order to work toward your company’s goals. Though, it’s inevitable that you’ll eventually have an employee you simply do not like. Sometimes, you’ll have an employee that you absolutely cannot stand. Maybe you don’t know exactly what it is that makes you not like them or maybe they have an attitude and are rude to other people, but do great work. If there isn’t a clear reason for firing them, you’ll need to learn to work with this employee. Before trying to move forward, you should take time to evaluate the situation and ask yourself some questions

Is there a specific issue?

Before taking any sort of steps to try to fix the issue, take time to seriously evaluate the problem. Why don’t you like this specific employee? Can you figure out the exact reason why you think they’re difficult or is it just a general feeling? If you simply get a weird vibe from the employee, but have no specific reason for feeling this way, try to move on because it might just be something minor. Though, if you notice that the employee is rude to co-workers or is distracting, these are clear reasons that you feel negatively toward them.

Does it impact others?

If your employee’s behavior makes it difficult for others to complete the tasks they’re supposed to, you should do something to change their behavior or get rid of the problem. If someone is just annoying or rude, but doesn’t seriously negatively impact the office, it’s okay to let it go or take time trying to resolve the issue.

Can anyone help you?

You likely have an assistant or other managers or someone else who’s in charge of the employees. Consider asking this person for help in managing the difficult employee. Maybe they feel more comfortable working with this person or know how to get the employee to change their behavior. Maybe you simply need a break from constantly handling the employee. Even if you do not have someone who can directly help you, consider speaking to your mentor or a trusted family member who might be able to help you approach the problem in a different way.

Can you change yourself?

There’s a chance that you’re the reason your employee is so difficult. Maybe they observe your behavior and are trying to imitate it or impress you. Maybe they get the impression that you don’t like them very much. If there’s anything you think you could change about yourself that would help the situation, go ahead and try it.

Have you talked to them?

After you’ve taken time to evaluate the problem, consider whether or not you’ve done anything to directly address this behavior. If you’re considering firing the employee, you should probably talk to them first because there’s a chance they aren’t even aware that their behavior is an issue. Carefully plan out what you’ll say and do your best to not get angry, no matter how they respond. See if their behavior changes after you have a conversation with them; if it doesn’t, you have an even stronger case for firing them.

Learn How to Travel the World for Your Job

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While some people find business travel to be terrible, it doesn’t have to be that way. There are lots of jobs that require travel, often numerous times throughout the year. You may spend a week or more away from home when traveling for business. Maybe you have to go to remote locations that do not seem very interesting. Travel can be stressful no matter why you’re doing it, but here are some ways you can make business travel a little less terrible. Make traveling for work something you actually enjoy and no longer stress over!

Join a rewards program

One of the best ways to maximize the benefits of frequent business travel is through joining a rewards program. Since most companies reimburse purchases you make for business travel, find a credit card with quality rewards and use it for business-related travel. Most airlines and hotels also offer rewards programs, so if you’re loyal to a specific company, you’ll greatly benefit from your business travel.

Streamline your packing routine

There are few things worse than realizing you have to leave for a lengthy business trip the next day, but you haven’t even started packing. You should always try to start packing a few days ahead of leaving so you have time to make sure you pack everything, but sometimes last minute is your only option. Create a packing routine that takes minimal time – know what items you’re taking with, keep travel sized toiletries packed at all times, and use the same bag so you know how everything fits.

Learn how to cure your jet lag

If you’re making significant changes to your timezone, jet lag can kill your entire trip and prevent you from functioning at your best. Keep hydrated before, during, and after your flight. Try to sleep on the plane and begin adjusting your schedule before you even leave. If you need to take some kind of medicine while flying, know what works best for you.

Plan ahead

You might be incredibly busy with work, family, and other obligations before your flight, but you need to plan ahead if you want to avoid unnecessary stress from flying. Clear everything with your company about the times of meetings and what will be reimbursed or how much you can spend. Know the times of all your flights and your booking numbers. Think about how you’ll get around where you’re heading, whether you’re renting a car, using public transportation, or located close enough to walk to places. Planning ahead means you’re that much more prepared for your trip.

Stick to a healthy routine

If you have a set routine, especially when it comes to diet and exercise, stick to it as much as you can while you’re traveling for work. If you usually read for a bit before bed, do that! Or try to get to bed at the same time you normally do, if it’s possible while on your trip. Do not push yourself and end up exhausted. Also make sure you’re watching out for sick people around you and taking steps to keep yourself from catching any kind of illness.

Keep track of your spending

Though most companies reimburse all expenses associated with business travel, very few will do so if you do not keep track of your receipts and what money is being spent on what. Save your receipts and make some kind of list (a spreadsheet would be even more useful!) to keep track of all the costs on your trip. Make sure everything is clearly labeled for business or personal so there’s no confusion.

Learn Why You Should Spend Less Time Looking at Your Phone

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Billions of people have cell phones and use them every day. Smartphones are capable of doing virtually everything a computer can and you can use them nearly anywhere. Many of us claim we could never live without our phone, yet it often brings unhappiness. People feel like they need to have a phone that they can connect to all of their social media accounts, stay up to date with the news, and play games on, but recent statistics show that people are spending hours of time on their phones and often feel less fulfilled. Why is this and what can we do? A recent TED Talk from psychologist Adam Alter provides interesting information on the subject and helps reach a conclusion on how to stop this problem.

Industry views

Alter begins his TED Talk with some intriguing information. Steve Jobs created Apple and rained praise on Apple products, considering them “revolutionary.” However, Jobs once stated during an interview that he does not allow his own children to use iPads and instead carefully monitors how much time they’re spending using tech. The same holds true for many others who work in the tech industry; they try to limit their children’s access to screens until they’re well into their teenage years.

Time breakdown

During the TED Talk, Alter flashes an interesting infographic on the screen. He takes statistics from 2007, 2015, and 2017 and breaks out days into time spent doing certain tasks. Each day, the majority of our time is spent on work, sleep, and basic tasks, leaving us with only a few hours to dedicate to bettering ourselves and focusing on our hobbies.

Alter then adds in the amount of time staring at screens takes up during our free time. He focuses mostly on using smartphones and those apps and isn’t counting time during the average of eight hours spent at work. Since smartphones became popular around 2007, the amount of time spent on them has greatly increased to 2017, when nearly all of our free time is taken up by staring at a screen as opposed to doing something else. While this data is certainly not true for everyone, the average amount of time people spend looking at a screen when they have free time is shocking.

How apps affect us

Though it isn’t good to spend so much time looking at a screen, Alter acknowledges there are incredible benefits to technology. Without current technology, we would never be able to instantly connect with other people who live across the country or on the other side of the world. Families can stay in touch even if they live in different countries and it’s easy to reach someone during an emergency. However, the majority of time spent on smartphones is not for these purposes, which is why we need to re-evaluate our usage of these incredible devices.

Different types of apps have various effects. Research has shown that apps that help you better yourself can directly contribute to happiness. Apps that involve exercise, education, readings, or focusing on your physical and mental health will increase happiness, but a small portion of screen time is spent using these kinds of apps.  Instead, much more time is dedicated to those apps that make us feel negatively, such as dating, social media, news, and gaming apps. People also frequently aimlessly browse on their phones, which leads to a sense of unfulfillment and leads to a significant amount of time wasted.

Possible solutions

This information isn’t exactly anything new, which means people are actively working on finding solutions; we’ve known for a while it isn’t all that great to stare at a phone instead of doing more productive activities. Some companies have taken drastic steps to help disconnect people from technology, such as not having any emails sent to someone’s account while they’re on vacation or cutting the power to computers at the end of the workday to avoid having employees spend many extra hours at work. While these methods may seem a bit extreme, there are other solutions as well, especially when it comes to smartphones.

A big issue with wasting time staring at a screen is that smartphones have no stopping cues. A stopping cue indicates that it’s time to move on to another task, such as the end of a television show on cable or reading to the end of an article or magazine. People can continue using their phones endlessly without realizing how long they’re doing so. You could attempt to not use your phone after a certain time of day, but something may always come up and schedules frequently change. A good place to start is to simply avoid using your phone when you’re eating. Set it somewhere far away from you so you completely cut out the temptation to look at it.

At first, it might be difficult to not have your smartphone with you and you’ll feel like you’re missing out on events and important information, but you’ll eventually make it a habit. As you cut back on your aimless smartphone use, you’ll realize how much more free time you have and you’ll notice your mood improving. It provides you with the opportunity to cultivate deeper relationships with actual people. Smartphones are incredible technology that can benefit us in a multitude of ways, but we need to learn how to properly use them in order to maximize our own happiness.

Support Rising Entrepreneurs to Ensure the Future of Business

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Entrepreneurship has significantly risen over the past few years with more and more people deciding to pursue their passion and become their own boss. Entrepreneurs continue to strive to change the world and make things better for everyone. In order for innovation to occur, entrepreneurship needs to be encouraged, allowing people with great ideas to share them with the world. Here are some rising entrepreneurs to keep an eye on moving forward.

Shradha Agarwal

Agarwal co-founded Context Media (now called Outcome Health) to help people with chronic diseases manage their health. Agarwal assists millions of patients every month. Agarwal has even been honored by the White House and the United Nations, among other prominent organizations.

Kayla Sanders

Sanders is the CEO of ReMyHealth, a cloud based solution that automates compliance and regulatory activities for health insurance providers. Sanders also assists with non-profit organizations that have the goal of building a healthier community.

Hope Horner

Horner is the CEO of Lemonlight, a company that works with clients to create high-quality videos for digital marketing. Horner has been featured in a number of different media publications. She has also opened three businesses in the Silicon Beach Community the past few years.

Anthony Smith

Smith is the CEO of Insightly, which provides cloud based software to millions of people around the world. Smith created Insightly using his past experience of constructing and implementing CRM software.

Neil Patel

A conversion expert and marketer, Patel is the founder of multiple businesses, including Quick Sprout and Crazy Egg. President Barack Obama has honored Patel as one of the top young entrepreneurs in the world. Patel has contributed to Forbes and Techcrunch, along with various other publications.

Jonathan Long

Long is the co-founder of the teeth whitening company, Sexy Smile Kit. Long is also the CEO of Market Domination Media, an agency that helps companies improve and utilize search engine optimization and online marketing.

Roger Bryan

Roger Bryan has run many successful e-commerce businesses. His most recent venture, Enfusen, uses analytics to help marketing agencies increase traffic for their clients. Bryan has become one of the top young entrepreneurs in the world.

Chalmers Brown

Brown helps businesses receive and send payments in the most efficient ways possible. He relies on blockchain technology and partnerships with different leaders to create one of the best payment solutions on the market.

Ramon Ray

With over 20 years of entrepreneurial experience, Ray speaks to aspiring entrepreneurs around the world about marketing and branding and helps them improve these aspects in their business or on a personal level. Ray is also a best-selling author.

Elise Mitchell 
Elise Mitchell has helped her firm, Mitchell, become one of the fastest rising communications firms in the world. Mitchell has received numerous awards and continues to ascend.

Make a Difference by Watching These 6 Netflix Documentaries

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Philanthropy seems to be an increasingly popular topic in recent years, likely because the world is becoming more and more connected. It’s easier to see what other people are going through and find ways to help them. If you’re particularly interested in philanthropy and want to learn more about a specific topic or cause that needs some support, a great place for information is Netflix documentaries. The documentaries on Netflix are often well-known and many have won awards for the quality and awareness of the documentary. Here are some of the best documentaries on Netflix about various issues. If none of these appeal to you, there are many more to choose from, so go ahead and browse through them yourself!

Virunga

This documentary received stunning reviews from critics and even won a few awards. It focuses on park rangers in the Virunga National Park in the Congo. These rangers work on various conservation projects, even during the M23 Rebellion in the area. The documentary also takes a look at the activities of an oil company within the Park, which is a UNESCO World Heritage site. It covers political, economical, and environmental issues and shows a truly beautiful corner of the world that people are striving to protect.

Blackfish

Blackfish came out a few years ago and shocked audiences. The filmmakers discuss the issue of whether or not creatures like killer whales should be kept in captivity. It led to public outrage at the conditions many of these animals are kept in and eventually caused Seaworld to announce they would no longer breed orcas in captivity.

Poverty, Inc.

If you’ve ever questioned whether or not all charities are using your donations for the causes they advertise, this documentary addresses that issue. It offers a look into poverty in third-world countries and how charity actually impacts the people many are trying to help.

Fed Up

One of the many food documentaries on Netflix, Fed Up takes a look at the issue of childhood obesity in the United States and how the food industry may be contributing to this widespread health issue. There are lots of other documentaries that address issues in the food industry and they’re all unique in their own ways, so check out some of the others as well.

After the Spill

Oil spills seem to be increasingly common and we often do not hear much about them, especially after the initial disaster. This documentary examines the continuing effects of the Deepwater Horizon spill in Louisiana. Activists and locals are all interviewed and offer their views, providing a look into how an oil spill impacts an area for years to come.

Refugee

This documentary takes a look at various refugees from around the world who have had to leave their homes for different reasons. It offers a deeply personal view into their lives and allows them to share their dreams of a better life and the issues they’ve faced.

7 Top-Notch Podcasts for Entrepreneurs that Push You Toward Success

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As an entrepreneur, it’s likely you’re always looking for opportunities to enhance your skills and knowledge. Podcasts are a perfect way to achieve these goals, because they allow you to learn while playing them in the background. You can multitask while listening to a podcast or listen to them during your commute. In the last few years, podcasts have become increasingly more popular and now you can find one on basically any topic you could possibly imagine. You should aim to continuously enhance your skills and learn more, so here are some of the best podcasts for entrepreneurs to help motivate and inform you.

Startup

The company Gimlet Media produces this podcast, known as Startup. The CEO of Gimlet, Alex Blumberg, and Lisa Chow, a former editor, run this podcast. It follows the lessons they’ve learned along the way in business. It’s an incredibly personal podcast that walks listeners through the more detailed parts of starting a company.

This is Your Life

If you’re a brand-new entrepreneur, this podcast will be a fantastic resource for you. Michael Hyatt gives you detailed podcasts on various topics that help you get a taste for what it’s like being an entrepreneur.

She Did It Her Way

If you’re a female entrepreneur or just want some perspective from one, this podcast is a good option to check out. The podcast features a successful female entrepreneur each week, from a variety of backgrounds and industries.

The Tim Ferriss Show

Tim Ferriss, the author of The 4-Hour Work Week, also has a podcast. The podcast has over 100 episodes and is highly ranked. Ferriss talks to various entrepreneurs who are leaders in their industries and shares their tips for success with listeners. It offers quality advice, but is also really fun.

Social Pros

A major part of a successful business strategy is understanding how to market the company. Jay Baer and Adam Brown lead this podcast. They interview the social media strategists of large companies in order to gather advice to share with listeners. It’s particularly useful for keeping up with social media trends.

Entrepreneur On Fire

Entrepreneur on Fire offers a wide-range of topics for listeners. If you like variety, this podcast is perfect for you. Some episodes are incredibly informative, while others are simply entertaining to listen to.

Mixergy

Andrew Warner leads this podcast and features experienced entrepreneurs on his show who can offer quality advice to more novice entrepreneurs. Warner asks his guests in-depth questions that lead to interesting conversations and genuine interactions.

6 Guaranteed Ways of Keeping Volunteers Happy & Making Your Philanthropy Succeed

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When your organization utilizes volunteers to remain in operation, it is essential to keep the individuals happy with these tips. I’ve written before about the importance of keeping your volunteers happy, but now I’d like to share some tangible ways to actually accomplish this goal. When you have happy volunteers, your philanthropy is much more likely to achieve its goals and succeed.

Tip 1: Provide training for your volunteers

To help your volunteers feel more confident, make sure to provide training for them. For example, if your volunteers are helping out in an assisted living center, then teach them about emergency first-aid procedures. When you are training volunteers to work in a crisis call center, teach them how to remain calm while talking to someone who is having suicidal thoughts. Make sure to update the volunteers’ training occasionally in order to keep them abreast of the best developments in the field they’re working in for your philanthropy.

Tip 2: Have group meetings for your volunteers

While it is possible that your volunteers don’t work at the same times, it is important for them to know each other. Have group meetings on a routine basis so that your volunteers can communicate with one another. This is a good time for your volunteers to make suggestions to you concerning any changes in an organization as well as share their experiences and ideas with other volunteers.

Tip 3: Get to know your volunteers

Take time to talk to your volunteers to understand their knowledge. It is possible that a volunteer has specialized education and experiences that will make them more valuable for your charity. By knowing more about your volunteers, you can place them in the best positions in an organization and both of you get get the most from their volunteering.

Tip 4: Offer rewards to your volunteers

Reward your volunteers to make them feel more valuable at your philanthropy. At least once a year, have a reward dinner to give out certificates or plaques to your volunteers for things such as having excellent attendance or providing extra services to a client. This step also helps you retain great volunteers who can continue to help the charity.

Tip 5: Permit volunteers to choose their own schedules

To make volunteers happy, permit them to choose their own schedules. Many individuals want to volunteer, but they must have an open schedule that works with raising a family or working a full-time job. Some volunteers may only have a few hours available each month, but if they’re dedicated to your cause, they can still help make a difference.

Tip 6: Treat your volunteers with respect

Volunteers aren’t getting paid for working for you, and they also don’t get health care insurance or retirement benefits. Make sure to treat your volunteers with respect by acknowledging how valuable they are to your organization. Determine how a volunteer wants to help you with your philanthropy so that you can place them in the correct role that suits their interests.

The New, Revolutionary Way of Giving

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Many times, philanthropy and charity have been redeveloped, especially in how they function and their mission. There has always been some form of philanthropy, stemming from the basic human need to help others who sincerely need it. Recently, philanthropy is much more widespread and monitored to make sure no organizations are taking advantage of volunteers, donors, or those in need. Each year, people donate billions of dollars to various organizations, usually as individual donations or as a company. However, now there’s a new way to give, known as donor-advised funds (DAFs), which accounts for over $80 billion. The topic of DAFs has recently been discussed in-depth in a recent Economist article. I’ll go into more detail about what exactly DAFs are and other information regarding them.

What are DAFs?

Donor-advised funds are becoming increasingly popular. DAFs are basically like bank accounts, but for nonprofits. Donors deposit money into the DAF, which can only transfer money to a nonprofit, according to standards set by the IRS. As the donations sit in the account before being passed onto a philanthropy, the funds are invested and gain interest while also remaining tax-free.

Donors can instruct the DAF on where to donate their money, making the process simple, but also allowing a philanthropist to choose where their money goes. DAFs have been around since the 1930s, but have recently become more popular, mainly in the United States. Many financial firms have now joined the world of DAFs and set up their own accounts for philanthropists to deposit money into.

Why are they preferred?

A big part of the appeal of DAFs for donors is that the tax breaks are better. While this may seem like a selfish reason, people are very conscious about how to avoid as many taxes as possible and the money is still going toward good causes. There are also plenty of online platforms to manage DAFs and donate, which makes it easier for people to deposit their money than working directly with many charities. For people who wish to donate goods besides money, DAFs make the entire process easier, because the DAF sells the goods and deposits the money into its account, saving the donor a significant amount of hassle.

Are there any drawbacks?

While there is no hard evidence that DAFs aren’t beneficial, people are concerned over their sudden surge in popularity. Many aren’t sure that DAFs actually lead to more help for the poor, which some people claim they do. Others are turned off by the appearance of the tax breaks helping out wealthy donors, seeing it as another way for the wealthy to get out of paying more taxes. Finally, a major concern is that people will opt for a DAF instead of setting up a foundation, which could decrease the amount of donations because foundations are required to make regular donations to charities. Without foundations, less money may be put into various causes.