Ending Soon! Save 33% on All Access

Why Knowing Your Personal Currency Can Help You Make an Impact Jessica Abo sits down with this CEO to talk about how next-gen philanthropists are working with social entrepreneurs from around the world.

By Jessica Abo

Opinions expressed by Entrepreneur contributors are their own.

Rachel Gerrol, the CEO and co-founder of Nexus, says she helped start an international community of next gen philanthropists, impact investors and social entrepreneurs from the world's most influential families to help people make a greater impact.

"We gather the community every other month at a summit in a different region around the world and our flagship event, a global summit, is held to connect it with the United Nations each July. We want to inspire people to share their passion for social impact with one another and hopes that we'll be able to scale scope solutions across countries," she tells Entrepreneur Network partner Jessica Abo.

Gerrol believes everybody has a "currency," and what you know what yours is, it's easier to see what you have to offer and where you need support.

"Some people's currency is money," Gerrol says. "Some is the influence ... some people's currency is their time or their skillsets, but everyone has something to lend. When you realize that those skills, talents, money or influence can accelerate someone else's passions and change in the world, then you have a responsibility to donate and to figure out how you can make the most of what you have."

Gerrol's global summit will take place at the United Nations from July 25th-27th. Click play to hear more.

Related: If You Want to Be Successful, Start by Being More Transparent

Entrepreneur Network is a premium video network providing entertainment, ewitducation and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Jessica Abo

Entrepreneur Leadership Network® Contributor

Media Trainer, Keynote Speaker, and Author

Jessica Abo is a sought-after media trainer, award-winning journalist and best-selling author. Her client roster includes medical and legal experts, entrepreneurs, small business owners, startup founders, C-Suite executives, coaches, celebrities and philanthropists. Visit www.jessicaabo.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from Jessica Abo

These Dads Are Trying to Make Brain Nutrition Accessible to All

How to Find Balance When You're a Startup Founder

How This Company is Trying to Help Mainstream Users Navigate the Web3 Economy

How to Maintain Your Integrity While Keeping Up With a Rapidly Changing Environment

Social Media

How To Start a Youtube Channel: Step-by-Step Guide

YouTube can be a valuable way to grow your audience. If you're ready to create content, read more about starting a business YouTube Channel.

Growing a Business

Want to Expand Your Market Overseas? Here's Everything You Need to Know About Global Logistics in 2024

With rising geopolitical tensions and changing market conditions it can be hard for businesses to navigate supply chain logistics even in a post-pandemic world. Here are three tips from the CEO of an international customs brokerage.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Elvis Presley's Granddaughter Fights Graceland Foreclosure, Calls Paperwork 'Forgeries'

The 13.8-acre estate was scheduled to be sold in a public foreclosure auction on Thursday. Presley's granddaughter and heir, Riley Keough, is fighting to save Graceland in court.

Business News

Kickstarter Is Opening Up Its Platform to Creators and Making Big Changes to Its Model — Here's What's New

The company noted it is moving beyond traditional crowdfunding and making it easier for businesses to raise more money.