Friday, October 7, 2022
HomeWealth ManagementGratitude and Goodness: A Virtuous Cycle

Gratitude and Goodness: A Virtuous Cycle

Thanksgiving has all the time been my favourite vacation, and it kicks off what, for me, is a really particular time of yr. The vacations are prone to appear and feel so much completely different this yr, which suggests it’s extra essential than ever to embrace the spirit of the season. The occasions of 2020 have shaken us all—they usually’re a reminder of simply how lucky many people are.

The chance to present thanks is a giant a part of why I like this time of yr. For me, although, these annual celebrations are additionally a reminder to present extra than simply thanks.

Linking Gratitude to Giving

Years in the past, I had the distinct pleasure of assembly Mom Teresa. I had traveled to Calcutta with a bunch of executives, and we had the chance to go to her House for the Pure Coronary heart, previously often known as Mom Teresa’s Kalighat House for the Dying and Destitute. The expertise (which I recalled in this weblog submit) had an amazing affect on me.

In every single place I appeared, there was struggling, but it was countered by the palpable compassion of the sisters who cared for the sufferers. It was extraordinarily poignant. Later, once we spoke with Mom Teresa, she shocked me by expressing her appreciation for what we did—how companies can present individuals with jobs and enhance their lives.

Then, she added a delicate admonition I’ve by no means forgotten: “In case you have cash . . . use it,” she stated. “Don’t simply depart it within the financial institution. Put it to work.”

I used to be struck by two emotions throughout that have: wanting to present thanks for simply how fortunate I’ve been, and an amazing want to present again. One feeling naturally led to the opposite.

Gratitude is inextricably linked to giving.

Exchanging Cash for What Actually Issues

At Commonwealth, cash is on the root of what we do—we’re a for-profit enterprise, in spite of everything, and we actually take care of cash each day. And whereas it might probably’t essentially purchase happiness, cash does purchase alternatives: to chase our goals, to assist our households, and to enhance the lives of others. One of many classes I’ve taken from my 40-plus years at Commonwealth is that cash is a medium of change. We change it for what actually issues.

Recently, what issues to me has more and more included philanthropy, a logical extension of Commonwealth’s dedication to creating a profound distinction on the planet. An enormous a part of that has been launching The Elevate Prize. A few of you could have heard my speak about “Making a Profound Distinction” at our current Nationwide Convention, the place I highlighted the progress we’ve made with The Elevate Prize. However for many who don’t know, it’s an annual seek for changemakers, whereby its winners aren’t simply awarded cash but in addition complete help (together with 1:1 mentorship, academic coaching, and entry to skilled networks) to assist scale their worthy causes. I’m excited to announce that we now have our first cohort of winners! They’re all wonderful. I’m humbled and impressed by the work they’ve accomplished already, and I’m excited to see what’s attainable with our assist.

As a result of a part of the mission of The Elevate Prize is to catalyze constructive change and awaken the hero in all of us, we consider an essential a part of realizing that is to additionally present our winners with a platform: to share their tales and broaden their viewers and to assist create a world fanbase for them.

When extra individuals hear in regards to the unimaginable work these social heroes are doing, they’ll really feel impressed to take motion themselves—simply as I felt when seeing the work being accomplished by the sisters on the House for the Pure Coronary heart.

Motivating All of Us to Combat for a Higher Future

It’s been a difficult yr for the entire world. But it surely’s additionally shone a lightweight on these people and organizations who’re utilizing what’s occurring round us as motivation to battle for a greater future. I’m so honored to be part of serving to these heroes make the world a greater place.

Which brings me again to giving thanks: I’m enormously grateful to the Commonwealth workforce, our advisors, and everybody who helps make our success attainable. With out you, The Elevate Prize merely couldn’t have develop into a actuality. So, thanks, all!

I hope you and your family members have a beautiful vacation season.



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