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The Importance of Giving Back to the Startup Community

VenturX
6 min readAug 14, 2020

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Entrepreneurs and founders make so many sacrifices in order to pursue their ideas in hopes that it will change the world for the better — one can only truly understand the extent of their sacrifices if they do it themselves. Whether it is managing and hiring new people in the company, contacting investors in hopes of obtaining funding, or consistently marketing to new audiences to expand, the role of an entrepreneur can seem endless. Yet, amidst these tasks, many founders have managed to add a new one to the list: giving back to the community.

Entrepreneurs have to consistently manage all their tasks efficiently.

Why You Should Give Back

It’s easy to disregard giving back to the community, especially when you feel like you’re stretched so thin between your other responsibilities. Many entrepreneurs think that giving back to the startup community is an option, something to do only because it’s the “right thing.” However, there are so many other reasons why it is beneficial to start thinking about philanthropy from an early stage.

“There’s no reason why your business, your personal philanthropy and your corporate philanthropy can’t be integrated. On the contrary: If you can get all the wood behind one arrow, that’s how you’re going

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VenturX
VenturX

Written by VenturX

Lean startup success tool. Track key metrics & decrease time to market and funding. www.VenturX.ca

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