In entrepreneurship and life there’s a concept I’m a big fan of: pay it forward. The idea of pay it forward is that you help other people without expecting anything in return. Sometimes the help is returned 100x over and most of the time nothing is returned. Regardless, paying it forward is the right thing to do. Now, I can’t respond to every inquiry for help, especially requests for an hour of my time in person, but I do shoot to spend at least a few hours per week helping others.
Here are several ways to pay it forward:
- When your product or service doesn’t meet the needs of a prospect, you go out of your way to find someone that can help
- When an acquaintance forwards a resume over, you pass it on to someone that might be interested in it
- When an entrepreneur asks for help, you spend 15 minutes listening and giving feedback (it’s amazing how effective 15 minutes can be when you remove the layers and get right to the important stuff)
- When you identify two people that should meet, OK the intro, and connect them such that they meet and get value
Entrepreneurs should always pay it forward.
What else? What are your thoughts on paying it forward and what are some other examples?