You can change things that cannot make a profit with your for-profit business.
Robert Mallon and Bill Watkins are the owners of Rusty Lion Academy, a company that helps mentor successful businessmen between the ages of 30 and 49. When things finally start succeeding for many men, that’s when other areas of their life start falling apart, like having a happy relationship with their spouse, spending quality time with their children, and giving back to their community. On today’s show, Robert and Bill discuss why they made the commitment to put 10% of their revenue, not profit, towards important and meaningful causes that make the world a better place, and why they encourage the men they mentor to do the same.
Key Takeaways:[2:30] What does Rusty Lion Academy do? [5:30] Robert and Bill do not believe in work-life balance. Robert explains why. [9:25] What kind of mentoring do Robert and Bill do? They typically work with men between the ages of 30 and 49.
[11:50] It’s difficult for successful men to maintain their business as well as help his spouse raise children. Robert and Bill help men prioritize and organize their lives. [17:00] Success and significance can be pursued at the same time. It doesn’t have to be either/or. [21:30] Money opens doors. Giving back is important, but having the money to give back is equally important in making an impact. Money gives us the freedom to give. [25:10] How do Robert and Bill give back to their community? [31:40] Robert and Bill are passionate about the work they do because they, too, have been mentored by great men. They want men to find their passion in life. [35:45] Both Robert and Bill talk about the book The Four Spiritual Laws of Prosperity and the impact it had on them. [43:10] It’s important that for-profit businesses dedicate some of their profits to a non-profit cause.