Capitalists and Altruists
Capitalists are like altruists because they MUST look to the needs of others to be successful. There are a lot of capitalists out there improving the standard of living for others. How do you improve life for others?
“I don’t have time to improve”
Not many of us are sitting around saying "Boy, I have nothing to do". We have more than enough things to do to fill up our time. But when we have no gaps in our schedule, we can't learn, improve, re-create, and be spontaneous. The key is to stop doing…
“Don’t go away mad, just go away”.
Firing someone. You hate to do it. That's not what you wanted when you hired them. But once in a while it's what's best for the team - and even for them. If you fire someone, do it in a way that they aren't going to talk bad about…
Relationship Assassins
We all get upset about things - at people, at members of groups, or maybe were just in a bad mood and were aggravated at everything. It's these times when people say and do things to damage relationships - with employees, co-workers, friends and family. Often, the story of…
Invisible Profits
How much do you have "invested" in receivables and inventory, (which you can mostly get back in time) and in equipment (which you may or not make money with)? If it's visible profits your after, better limit the invisible ones.
Possibility into Probability
An entrepreneur turns opportunity into possibility. A manager turns possibility into probability. A technician turns probability into results completed. Do you have all three going on well in your business?
Knowledge and Power
What you know about it makes all the difference when you're doing it. What do you know?
Is this in my head, or real?
That's an important question for a business owner. Often the problems we have are created by us and our thinking. Then we set out to solve our problems, but we use the same line of thinking to do it. There is no outward solution because we are the problem. What…
MBWA
Management by walking around. Go into the various departments in your company and hang out for a while. Observe, ask questions, and listen. You'll have plenty of work to do.
Keep your market free
When, in order to produce, you must obtain permission from men who produce nothing, you're in trouble. Fight regulation, red tape and bureaucracy in your industry. Speak out and call it what it is. Without resistance, it will surely grow.
Join the over 25,000 people who receive Larry's daily inspiring messages
Larry values privacy and will never sell your information.

al·tru·ism noun \ˈal-trü-ˌi-zəm\
: feelings and behavior that show a desire to help other people and a lack of selfishness
1cap·i·tal·ist noun \-ist\
: a person who has a lot of money, property, etc., and who uses those things to produce more money
The statement that a capitalist is like an altruist is completely false.
A capitalist can be an altruist. In fact, as you know, some of the greatest capitalists in history were also the greatest altruists in history. A capitalist never helps anyone without a vested interest. They look to help others as a way of making money. They improve other people’s standard of living, yes, as long as that person is worth the money they are paying them. A return on investment.
Altruism is giving without any reward or return on investment. I give blood to help others, not to make money. That is an altruistic act. Giving food to the food shelter or donating clothes to the homeless shelter can be altruistic also as long as you don’t do it solely as a tax write off. Donating you time to a worthy cause because it helps others is definitely altruistic. There is no money made by an altruist. It is selfless.
I read both of your “Think Daily” posts every day and have taken a lot of great ideas from them. This just bothered me to my very core beliefs and had to say something. I definitely do not mean any disrespect.
Tim, I am not saying altruism and capitalism are the same. I said that both need to look to the needs of others. In that way they are the same.
Larry
And Tim, I’m not sure where you got the definition of capitalist. You don’t have to have a lot of money property etc to be a capitalist. It’s just definitions were quibbling about. The idea is valid no matter what you call it.
An altruist may help people who have no money – that same person a capitalist may not be interested in as a customer because they can’t pay for their product or services. But all people need assistance, even people with money. Capitalists and altruists may have difference audiences, but both need to look to the needs of others.
And you are completely right about time management and responding to messages. It is impossible to keep up with them and having a schedule is the only way to have a life.