27 Oct Giving Back
Giving back is a rewarding way to pass on what you have learned. Traditionally, the term giving back often implies some kind of monetary donation or funding. However, sometimes simply giving your time, sharing your knowledge, or providing advice can have more impact to a new or future entrepreneur.
Some ways you can give back are:
- Volunteer: You can volunteer for a specific event or organization. Find something you feel passionate about and offer your time and expertise. New start-up organizations, like not-for-profits, often need volunteers to sit on their Board of Directors. This is a great way to share your experience and knowledge while having an impact on their operations and growth. For example, a bookkeeper and payroll specialist of an accountant staffing business would be an asset on any Board, providing proper guidelines, policies, procedures and best practices on accounting functions.
- Pro-bono: This involves providing your service for free, or at a substantially reduced rate for a short period of time. A bookkeeper or payroll specialist may offer to prepare a not-for-profits financial reports as part of their Board work. Whatever the services, helping new start-ups and small businesses is a good way to give back.
- Advising: Whether it is advising a student, a start-up or a small business, you have stood where they are standing. You have faced obstacles, worked through challenges, and have achieved success. Sharing what you have learned through career fairs, vendor fairs or speaking at special events can have a lasting impact on future entrepreneurs. Kelly Johnstone, CEO of KLM Financial, an outsource accountant staffing company, participated in this year’s MSVU Learners and Leaders Business and Tourism Conference. When asked why she attends such events, “It is a way of giving back to the students. I was there once and always want to make sure I am available to help students be successful, be a mentor to them and show them, the sky is the limit”.
Regardless of how you choose to give back, ensure that it is meaningful and relevant. Remember, you have the gift of knowledge and experience to help influence the next generation of entrepreneurs.
Kelly Johnstone, CA, CPA(Illinois)
CEO | KLM Financial
Office: 902-334-2402 | Mobile: 902-401-4428
1496 Bedford Highway Suite 101, Bedford NS, B4A 1E5