Give a Little
For one international entrepreneur, giving back is just part of smart business.
URL:
http://www.entrepreneur.com/magazine/entrepreneur/2006/may/160050.html
Robert P. McGraw confesses his Chinese isn't exactly
passable. But his heart is in the right place: He's giving back
to Longjiang Village, a town in southwestern China where his
6-year-old company has built a very modern raw-materials processing
center.
So far, his company, Longjiang River Health Products, has
financed the village's first waste management facility, donated
more than 40 computers to the local school and started a fund to
make sure schoolgirls have textbooks. Employees tutor local
children and work on construction projects.
Longjiang Village is a world away, both literally and
figuratively, from the company's Irvington-on-Hudson, New York,
headquarters, but McGraw hopes to make a difference there. "I
think it's very important that you put down roots in the
community," he says. A few roots certainly haven't hurt
Longjiang River Health Products' bottom line: 2005 sales were
in the millions.
Copyright ©
2009 Entrepreneur.com, Inc. All rights reserved.
Privacy Policy