There are lots of reasons why participating in philanthropy is a great idea beyond the fact you’re helping people and making the world a better place. Helping out others is a great thing to do, but did you know that there are a lot of other benefits to participating in philanthropy, especially as an entrepreneur? It might seem like you don’t have time to fit another activity into your busy schedule, especially as you’re working to avoid burnout, but don’t view philanthropy as something else to add to your to-do list. Philanthropy has a variety of benefits and can significantly impact your life in a lot of positive ways.
Participating in philanthropy actually reduces the amount of stress you experience, which is a great benefit for entrepreneurs. Creating your own business is wildly stressful and finding a way to reduce that stress while helping others is pretty fantastic. Reducing stress helps you out in all areas of your life, so this benefit is a very important one. With lower levels of stress, you’ll have better focus and be able to tackle your tasks one at a time with less issues.
Make new connections
If you’re an entrepreneur, it’s likely you’re a pretty social person. You know all about talking to people and trying to get them on board with a particular idea or product. Talking to people is easy for you, which is a great skill to have with philanthropic pursuits. You’ll meet other volunteers, as well as people the philanthropy is helping. You never know where these connections will lead; you could develop lifelong friendships, someone looking for a new job, or a business opportunity for yourself.
Volunteering makes you feel happier, because everyone enjoys helping out another person in need. Being happier also helps reduce stress and can make other parts of your life that are stressful seem less important. When you take time to help another person, your problems will seem less important and you feel a sense of contentment for helping to make a difference.
Lower blood pressure
Studies have shown that philanthropy also contributes to lower blood pressure, which is tied into your stress levels. Lower blood pressure leads to an abundance of benefits, such as the decreased risk of heart attack, stroke, and various other issues. As you get older, you have an increased risk of high blood pressure, so the more you can do to control it, the better!
Philanthropy has been proven to actually help you live longer! A 1999 study showed that “elderly people who volunteered for two or more organizations were 44 percent less likely to die over a five-year period than were non-volunteers.” A longer life likely comes from the reduced stress and lower blood pressure participating in philanthropy causes for those who spend time volunteering. As an entrepreneur, this benefit gives you even more time to enjoy the results of your hard work!