Want to Grow Your Business? Give Back.

By Sasha Galbraith
Forbes Magazine contributor


The basic tenet of “giving back” should be core to the way every person and business lives and operates. I’m not that naïve – and neither are you. Sadly, corporate philanthropy is a controversial issue (of all the issues we have to debate). But the reality is, money makes the world go round, and as the theory goes, if corporations have “extra” lying around, it should be reinvested or paid out as dividends to shareholders.

I’m not all doom and gloom either. There are many businesses that invest in pro-bono work or other philanthropic initiatives because it’s good for business and simply the right thing to do. More than half of these businesses are led by women and/or have more female senior managers (Center for Women’sBusiness Research). Surprised? Nope.

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