2 minutes
Editorial Invest in Slovakia
Charity is a big part of an investor's lifestyle, so in the next part Soros will answer two questions. What does a prospective charity have to meet and how does a healthy foundation work?
What will you learn in the new podcast?
George saw his father helping people during the Nazi occupation and this approach to charity shaped his childhood.
Work with better
He doesn't like to manage people in their foundations. The best way, he says, is to find entrepreneurial and ambitious people, give them a framework within which they can move and a goal to go to. The execution itself should be left up to them.
Functioning even without an influx of resources
It is important that your charitable endeavours work without a constant flow of resources and especially energy. Monetary support is necessary for foundations because they do not engage in profit-generating activities, but it is the flow of energy that cannot be unlimited.
Know how to help yourself
Any new organization or foundation that opens must have a district council. The leaders of the organization are members of the community it seeks to help. Those most involved must also be the most active. Otherwise, it can't be done. They can't just be helped from the outside, they have to be able to help themselves.
When the worst is over
so there's nothing to do but subsidise education and help people. He himself would say to get closer to openness and later help open up their society as well. Once again, we are being shown that education and self-improvement is simply the foundation without which one cannot move forward.
Is this knowledge beneficial to you?
Support our podcast and help educate people about financial literacy. You can donate to our crowdfunding account: patron.podbean.com/KLUBINVESTORS or tell your friends about us. If you want to start your passive income by investing in real estate, join the INVESTORS CLUB.
In the podcasts, we cover money, productivity, investing, as well as living a fulfilled and abundant life. Sources of information are world-famous books, videos, biographies, quotes from successful personalities, as well as real interviews with successful investors, entrepreneurs and inspirational peoplewho are achieving remarkable results.
We are interested in how these people think about money, what habits influence their daily lives, what they attribute their success to, but also what their biggest failures in life have been. We select only the best for you, and together we'll take a peek into the secrets of how to live a more successful, wealthy and productive life.
