Why Entrepreneurs Should Make Charity a Habit

Most of us underestimate the importance of charity in our lives.

learn more about Siddharth Rajsekar

By Siddharth Rajsekar

Opinions expressed by Entrepreneur contributors are their own.

According to Newton's third law, for every action, there is an equal and opposite reaction. I cannot help but think about the similarity this law holds to the concept of karma. Karma, a Sanskrit word meaning action or deed, states that an individual's intent and actions (cause) influence the future of that individual (effect). This concept, though originating from Hindu scripts, is accepted worldwide.

Like many others, I truly believe in this theory. All our actions and thoughts emit positive or negative energy in the universe, and these energies are in due time thrown back at us.

Why should one do charity?

Some of the most successful people are also the most charitable ones. On a moral level, a business or working professional should always give some amount of their earnings to charity.

Charity should be a regular practice to uplift society and to unlock one's higher self. Money symbolizes energy and value exchange. In order to receive, we have to give, therefore the flow of money should be constant and pure.

As one continues charity, you will notice a shift in internal energy and your business. It shifts you from a desperate state of mind to a contributive one.

Before making charity a habit, here are four criteria that will help you ensure you're giving to the right organizations.

Related: How to Truly Make an Impact When Giving Back

Personal Connection

Try to pick a charity where you might have a personal connection. This will help you oversee where your money is going and will be easy to verify whenever need be.


Check if the organization is credible. Scrutinize beforehand and only donate to a trusted body.


Always stay updated on the visible impact your charity is creating. You should ask for data, pictures, progress reports and so on.

Related: Want Your Charitable Donation to Actually Help Someone? 4 Questions to Ask Before You Give

Select a charity with genuine managers

Connect with truthful charity managers and make sure they are doing it for the service and not the money.

How much should the charity amount be?

Ideally 10% or more of your income after paying taxes is the amount you should aim at giving for charity. One should give to charity monthly and like all other accounts, document these transactions. Doing charity also has certain tax benefits.

You can also provide value in other forms apart from money. For instance, I give free digital marketing advice to the spiritual institution I believe in. I provide my knowledge, which then works as the value energy instead of monetary charity. Trusting the process of charity will not only uplift society but also bring you closer to your higher self. And the byproduct of this will take your business and life sky-high.

My vision for my community is to make it one of the richest communities of givers. To make this world a better place we all need to work together and think bigger. Social changes and impacts do not take place themselves, they need to be set in motion.

Related: This Is Why It Pays to Be Charitable Year Round

Siddharth Rajsekar

Entrepreneur Leadership Network Contributor

Master Digital Coach & Author

Siddharth Rajsekar is the founder of one of the world's largest communities for coaches, trainers, teachers and experts with 15,000-plus members. He's developed the Freedom Business Model, teaching individuals how to take their expertise online and build a super-profitable digital-coaching business.

Related Topics

Editor's Pick

Everyone Wants to Get Close to Their Favorite Artist. Here's the Technology Making It a Reality — But Better.
The Highest-Paid, Highest-Profile People in Every Field Know This Communication Strategy
After Early Rejection From Publishers, This Author Self-Published Her Book and Sold More Than 500,000 Copies. Here's How She Did It.
Having Trouble Speaking Up in Meetings? Try This Strategy.
He Names Brands for Amazon, Meta and Forever 21, and Says This Is the Big Blank Space in the Naming Game

How to Detect a Liar in Seconds Using Nonverbal Communication

There are many ways to understand if someone is not honest with you. The following signs do not even require words and are all nonverbal queues.

Business News

American Airlines Sued After Teen Dies of Heart Attack Onboard Flight to Miami

Kevin Greenridge was traveling from Honduras to Miami on June 4, 2022, on AA Flight 614 when he went into cardiac arrest and became unconscious mid-flight.

Business News

Jake Paul and Lindsay Lohan Fined $400,000 for 'Illegally Touting' Crypto

The SEC just disclosed that eight celebrities agreed to a massive settlement without admitting guilt.


After Early Rejection From Publishers, This Author Self-Published Her Book and Sold More Than 500,000 Copies. Here's How She Did It.

Author Karen Inglis breaks down the strategies and tactics you need to generate awareness and sales for your self-published book.

Business News

Would You Buy Maggie Murdaugh's Monogrammed Snake Print Pillows? Items From the Murdaugh Family Home Are Going Up for Auction

The sale comes just weeks after Alex Murdaugh was sentenced to two consecutive life terms for the June 2021 murders of his wife, Maggie Murdaugh, and son Paul Murdaugh.