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5 Reasons Why the Best Entrepreneurs Use Their Companies to Serve Others

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Today, being a “lifestyle entrepreneur” is the trend, and everyone wants to create a vehicle which will make them profit so they can have a beautiful, comfortable, and easy going lifestyle. There’s absolutely nothing wrong with this, but the greatest creators, innovators, entrepreneurs and leaders of all time thought and still think much bigger. They aren’t bought into the often times painful, lonely, and difficult entrepreneurial way of life solely to better their own situation and circumstances. There’s a greater purpose for them.

Amidst our culture constantly telling us to look out for ourselves and go after what we want in order to achieve happiness, if you study those who actually are living life abundantly and to the max, you will see there are much bigger truths.

Now I’m not saying it’s healthy to live in extreme self-denial only seeking the best interests of others and never taking care of yourself. However, building a business is bigger than just yourself because it brings others into the picture.

If you look at some of the most well known, well respected, most impactful leaders and entrepreneurs, you see that they are more concerned with living an outward focused life. They desire to use the gifts and skills they’ve been given and the businesses they have developed to help others.

Here are a few reasons why they use their companies and skills to greater serve instead of greater gain:

1. They know the best way to leave a legacy is through service

Once you’re gone, no one remembers you by how much money you made, but by how many people you loved and helped. No one says on their deathbed “I wish I would’ve grown a more profitable company” but there’s many who say “I wish I could’ve helped more people and had more people in my life who I truly deeply cared about and who truly deeply cared for me.”

The best way to leave a mark on this earth is through how well you love people. Entrepreneurship is a phenomenal vehicle to do this, because it allows people to be innovative, to solve problems for others, and to leverage financial gains to make a significant difference in other people’s lives. It all starts with the heart and the character of a person, and when those are in the right place, the power of entrepreneurship can take those intentions far.

2. They know focusing on serving others is actually more profitable than focusing on profit

It’s simple, the best way to make money is to figure out what someone’s problem is or what they want, and create something that’s more valuable to them than the money they have in their pocket.

So by simply having a mind set that is focused on making the lives of others better, you will inherently figure out how to grow a better, more monetarily lucrative business. Focus outwardly, not inwardly. With this being said, if you’re only focusing on giving to and helping others just so you can receive in return, is that really genuine generosity? Will you be fulfilled in your business long term?

“When you help others feel important, you help yourself feel important too.”- David J. Schwartz

3. They change by helping people so they desire to help others more

Loving and serving others is the best way to grow. The main reason we are on this earth is to be in relationships. Everything else is supplemental to our relationships. Because of this, when you build a business around helping people, not only will you change their lives, but your life will change. Getting to know other people, learning their stories, caring for them, and loving on them, shapes us.

Just because money is involved in business doesn’t mean you can’t build a business to help people. It doesn’t have to be a non-profit to be highly impactful either. The most impactful entrepreneurs know that living this outwardly way is an amazing adventure and that they will experience radical inner growth through it. Who doesn’t want to go on an adventure and grow?

4. They’re aware that if you live for the applause, you’ll die from the lack of it

Those who want to build a business, or a personal brand, or become an influencer solely for the attention and validation will wither. They will live a roller coaster of a life. When the people are praising them, they’ll be doing awesome, but when their audience is gone or is in opposition to them, they won’t know where to turn or how to respond.

On the other hand, when an entrepreneur or a leader has a mission, and a reason to serve, impact, and love other people, they’re so focused on a greater purpose that the outer noise doesn’t matter. They know that insecure people need to be served, but that secure people are free to serve because they know who they are. Don’t live for the applause, live for others.  

“The purpose of life is not to be happy. It is to be useful, to be honorable, to be compassionate, to have it make some difference that you have lived and lived well.” – Ralph Waldo Emerson

5. They know it’s the most fulfilling way to run a business and to live life

Whether you’re an entrepreneur making millions of dollars, or a person with a dead end job barely scraping by, living a life that is focused on serving, caring for, and loving others is the most fulfilling one a human being can live. Greatness is not about power or authority, it’s about service. You’ll never regret taking extra time or putting in extra energy to serve someone, but you’ll likely regret not doing so.

The most loved and well respected people who have built businesses, lead the masses, and changed the world know they’re never too big of a deal to serve anyone. We’re all the same. When you can operate from these principles not only will your business have a better chance of flourishing, but you’ll be much more satisfied in your work, your relationships, and in your life.

You don’t have to be famous or even running a profitable business to implement these truths into the core values of how you operate. Our inward focus usually leads to outward deterioration. Our outward focus usually leads to inward growth. Due to this, be focused on others, be different from the masses and be in services to others.

How do you add value to other peoples lives? Let us know in the comments below!

Image courtesy of Twenty20.com

Austin Damon founded a digital marketing agency that helps companies grow their revenue and brand awareness allowing them to have more leverage and influence in their markets. Additionally, he helps freelancers establish and grow 6 figure digital agencies so that they too can help more companies flourish. Austin is dedicated to empowering leaders and entrepreneurs to greater impact, love and serve others.

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The Entrepreneur’s Reading List That Transforms Ideas Into Empires

These must-read titles and writing insights reveal how entrepreneurs turn bold ideas into empire-level success.

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The Leadership Shift Every Company Needs in 2025

Struggling to keep your team engaged? Here’s how leaders can turn frustrated employees into loyal advocates.

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In workplaces around the world, there’s a growing gap between employers and employees and between superiors and their teams. It’s a common refrain: “People don’t leave companies, they leave bad bosses.”

While there are, of course, cases where management could do better, this isn’t just a “bad boss” problem. The relationship between leaders and employees is complex. Instead of assigning blame, we should explore practical solutions to build stronger, healthier workplaces where everyone thrives.

Why This Gap Exists

Every workplace needs someone to guide, supervise, and provide feedback. That’s essential for productivity and performance. But because there are usually far more employees than managers, dissatisfaction, fair or not, spreads quickly.

What if, instead of focusing on blame, we focused on building trust, empathy, and communication? This is where modern leadership and human-centered management can make a difference.

Tools and Techniques to Bridge the Gap

Here are proven strategies leaders and employees can use to foster stronger relationships and create a workplace where people actually want to stay.

1. Practice Mutual Empathy

Both managers and employees need to recognize they are ultimately on the same team. Leaders have to balance people and performance, and often face intense pressure to hit targets. Employees who understand this reality are more likely to cooperate and problem-solve collaboratively.

2. Maintain Professional Boundaries

Superiors should separate personal issues from professional decision-making. Consistency, fairness, and integrity build trust, and trust is the foundation of a motivated team.

3. Follow the Golden Rule

Treat people how you would like to be treated. This simple principle encourages compassion and respect, two qualities every effective leader must demonstrate.

4. Avoid Micromanagement

Micromanaging stifles creativity and damages morale. Great leaders see themselves as partners, not just bosses, and treat their teams as collaborators working toward a shared goal.

5. Empower Employees to Grow

Empowerment means giving employees responsibility that matches their capacity, and then trusting them to deliver. Encourage them to take calculated risks, learn from mistakes, and problem-solve independently. If something goes wrong, turn it into a learning opportunity, not a reprimand.

6. Communicate in All Directions

Communication shouldn’t just be top-down. Invite feedback, create open channels for suggestions, and genuinely listen to what your people have to say. Healthy upward communication closes gaps before they become conflicts.

7. Overcome Insecurities

Many leaders secretly fear being outshone by younger, more tech-savvy employees. Instead of resisting, embrace the chance to learn from them. Humility earns respect and helps the team innovate faster.

8. Invest in Coaching and Mentorship

True leaders grow other leaders. Provide mentorship, career guidance, and stretch opportunities so employees can develop new skills. Leadership is learned through experience, but guided experience is even more powerful.

9. Eliminate Favoritism

Avoid cliques and office politics. Decisions should be based on facts and fairness, not gossip. Objective, transparent decision-making builds credibility.

10. Recognize Efforts Promptly

Recognition often matters more than rewards. Publicly appreciate employees’ contributions and do so consistently and fairly. A timely “thank you” can be more motivating than a quarterly bonus.

11. Conduct Thoughtful Exit Interviews

When employees leave, treat it as an opportunity to learn. Keep interviews confidential and use the insights to improve management practices and culture.

12. Provide Leadership Development

Train managers to lead, not just supervise. Leadership development programs help shift mindsets from “command and control” to “coach and empower.” This transformation has a direct impact on morale and retention.

13. Adopt Soft Leadership Principles

Today’s workforce, largely millennials and Gen Z, value collaboration over hierarchy. Soft leadership focuses on partnership, mutual respect, and shared purpose, rather than rigid top-down control.

The Bigger Picture: HR’s Role

Mercer’s global research highlights five key priorities for organizations:

  • Build diverse talent pipelines

  • Embrace flexible work models

  • Design compelling career paths

  • Simplify HR processes

  • Redefine the value HR brings

The challenge? Employers and employees often view these priorities differently. Bridging that perception gap is just as important as bridging the relational gap between leaders and staff.

Treat Employees Like Associates, Not Just Staff

When you treat employees like partners, they bring their best selves to work. HR leaders must develop strategies to keep talent engaged, empowered, and prepared for the future.

Organizational success starts with people, always. Build the relationship with your team first, and the results will follow.

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