Month: September 2014

The Six Most Influential Philanthropists of New York City

Six Philanthropists Changing the World

George Soros

There has been a noticeable increase in philanthropy across the country over recent years, from the Bill Gates giving pledge, to the ice-bucket challenge for ALS. In New York City particularly, there have been some all-stars who have made generous efforts to help others. Here are the six most influential philanthropist in the city of New York:

Chairman of Soros Fund Management: George Soros
George is a big player in the currency speculation and hedge fund business. Managing money is his vocation. He has turned that knowledge toward a philanthropic direction donating $4 billion to promote “open societies” in South Africa, communist Eastern Europe, and the Republican party in the US.

Founder of Robin Hood Foundation: Paul Tudor Jones II
The Robin Hood Foundation is a next generation-type non-profit where the foundation donates 100% of its received money into charities to fight poverty. These charities must prove certain criteria in order to qualify the donation from RHF. This leaves the donors with peace of mind knowing their money is going to a place that will actually use it for the right reasons.

Founder of the New York Public Library’s Young Lions: Hannah McFarland
Recruiting the likes of Ethan Hawke, Hannah helped to make the NYPL the place to be for young people in 1999. Young Lions hosts a yearly galla these days with a fiction writers prize as the main event.

President of Carnegie Corporation of New York: Vartan Gregorian
Responsible for the donation of $55 million over the past four years to various neighborhood organizations across the past four years, Vartan brings the money from anonymous donors to worthy charities. One notable backing being monetary support for the Museum of Natural History’s Darwin exhibit when no other sponsor could be found.

Founder of the Breast Cancer Research Foundation: Evelyn Lauder
The savvy marketing plan that you may recognize as the pink ribbon is product of Evelyn. With a recognizable name from Estee Lauder, where she is vice president, she has organized an army of supporters for breast cancer research. Last years donation total alone totaled $25 million.

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Ten Hints to Succeed as a Leader of a Startup

Startup AdviceIn a world where seven out of ten startups fail, it is crucial to understand and seek as much knowledge on the topic as possible. According to an article recently completed by Forbes, typically the biggest hurdle comes with hiring employees—finding motivation for them and determining the dedication of the employees. To walk entrepreneurs through this process, the author Edmund Ingham provided several helpful hints that have been found in noted leaders.

First, a good leader must be fearless, or a business would never get off the ground. The author also notes that people are inclined to follow those with guts—who are willing to take risks. It is also important to be visible; leaders must not hide, as being seen by employees builds their faith in the leader.. Along similar lines, engaging with employees also makes the entrepreneur approachable. Get to know the employees’ hobbies and likes. Interact with them frequently, confidently and positively.

Good leaders aren’t afraid to delegate decisively; a line must be toed between expressing the importance of the task, and the faith the leader has in the employee to complete the job adequately. A good boss creates a culture; goals are set and are not wavered from. Thus creating a message the staff can feel passionate about. As culture is created, morale should never waver.

Leaders must find a way to walk a line between having fun in the workplace and competing within their market. As a startup, it is highly unlikely that the entrepreneur will be able to pay their employees very much; therefore, it becomes crucial that a leader finds a means of entertaining the employees, to prevent them from exploring alternative options. However, competition is very important; a good leader strives to win every point. To do this, it can be very valuable to always remain one step ahead. At the start of the company, the leader is inherently ahead of the employees—in power, knowledge and experience. As the business expands, it is important to continue analyzing every development, as a means of maintaining that authority. Finally, it is most important to remain relaxed and try to avoid paranoia. Startups and businesses are a game, and it becomes crucial to play as well as is possible with heart, faith and strategy.

from Eugene Chrinian Leadership http://ift.tt/1xOxogp
via Eugene Chrinian