Category: 2 – BUY it! (All Categories are 1 – Read ASAP!, 2 – BUY it!, 3 – SHELF it, 4 – SOMEDAY it)
Comments: A very good book. It does really make you think about how you lead your life and establishes giving to be the best long term strategy.
Top 3 Learnings
1. There are 3 kinds of people – givers, takers and matchers. Takers never do well in the short term, matchers do consistently well whereever they go and the givers are either at the top or the very bottom of their fields. The givers at the top of their fields are what Grant calls “Other”-ish givers. They have a self interest in giving but don’t give at the expense of their performance. The givers at the bottom are those who give even if it is not in their long term interest to do so. Give a lot.. but be a bit selfish (not self centered) about it.
2. It is best to “chunk” your giving rather than do little bits every day. People who volunteer 3 hours on a weekend are happier than those who do 30 mins every day. 100 hours was found to be the golden number for volunteering that gave maximum happiness returns.
3. It is in our interest to give a lot more than we get. In the old economy, takers weren’t as easily found out as today. Our track record follows us everywhere and being short term focused isn’t a good strategy.. and definitely isn’t a path to happiness.
Book notes here