
The Math of Generosity

Perhaps the most counterintuitive truth of the universe is that the more you give to others, the more you’ll get. Understanding this is the beginning of wisdom.
Kevin Kelly • 68 Bits of Unsolicited Advice
13 Lessons from Les Schwab:
1. Get the Incentives Right: Les gave store managers 50% of profits but made them keep every penny invested until their stake equaled his. "If I share half but the store is more successful, my half is worth more than my whole used to be." By locking in their wealth, he ensured they'd think lo... See more
Shane Parrishx.comLes discovered that splitting profits 50/50 with store managers didn’t cut his wealth in half, it multiplied it. His reasoning was pure math: “If I share half the profits, I still have half. And if Frank makes more money, he’ll work harder to make the store successful. If the store is more successful, my half is worth more than my whole used to be.... See more