Steps to Management Success – Step 130: Smaller Portions Now Can Lead to Big Dividends Later

Written By Rick Frishman Published April 15th, 2010

STEP ONE HUNDRED THIRTY

Smaller Portions Now Can Lead to Big Dividends Later

Whenever you have to split an uneven amount of money, always take the smaller amount. For example, if you have $99 to divide, give the other person $50 and keep $49. It’s not the amount that matters—even a dollar will make your point. The small amount you give away is a tiny price to pay for goodwill, and that goodwill can last for years. In fact, when dividing almost anything, take the smallest portion if there is one.

WHAT IT MEANS: When you voluntarily take the lesser amount, it shows that you’re not cheap, petty, or small-minded. It’s also a sign that that you’re generous. Small acts of generosity can help you become a more generous and giving person. They can also make you feel good! People respond to and like to spend time with those who are generous; usually, giving people are not as tight and are more pleasant. If you get a reputation for generosity, people will want to deal with and spend time with you.

ACTION PLAN: In your financial (and other) transactions, consciously look for opportunities to give more than your share. Don’t go overboard, but make small, generous gestures when you’re splitting tabs and other expenses. Never point out that you took less or paid more than your rightful share. If others comment, accept their thanks graciously and pass it off casually as if it were not a big deal.

EVEN BETTER: Periodically, pick up small tabs, especially when it’s for people who are not on your financial level. Think of it as a way of saying “thank you” or showing your appreciation. Again, don’t brag, grandstand, go overboard, or try to buy someone’s favor. Do it to be generous and to say thanks.

(Excerpted from: 10 Clowns Don’t Make a Circus. . . and 249 Other Critical Management Success Strategies by Steven Schragis and Rick Frishman)


Roger Due

Investing in Your Destiny® & Coaching Program - Wealth Building Summit Dallas, Texas

My name is Roger Due and I am from Albuquerque, New Mexico and I am the owner of the Monsano software company. This has been an absolutely fantastic conference. This is the best I have ever been to.