Many or most think of philanthropy as giving time or wealth or both to a cause that is close to their heart. And they would be right – at least, to an extent. When an appropriate cause presents itself, a typical philanthropist evaluates available time and finance that could be contributed. And that is not a bad way of thinking, but it is also not the only way either.
Ziad K Abdelnour offers a fresh perspective to philanthropy in the mould of another revolutionary thinker and doer, Steve Jobs. When Steve Jobs decided to change the way the world communicated, he did not limit himself to what was available – he decided to chart his path.
Ziad K Abdelnour, much like Jobs, looks at philanthropy in much the same way. He believes that philanthropist should be an entrepreneur at heart. Ziad tells us that he believed an entrepreneur had the opportunity to create large enterprises by thinking like an entrepreneur and attempting to solve social challenges. He goes on to say that it’s possible to create a $1 billion problem by solving $10 billion worth of problems & that some of these $10 to $100 billion problems were in fact social problems. He further adds that there were plenty of opportunities if an entrepreneur attempted to take on humanity’s greatest challenges.
Not one for just mouthing great lines, Ziad has led from the front and has put his money where his mouth is. Over the last three decades, this Lebanese American businessman has built multi-billion-dollar businesses focused on solving social challenges and creating wealth.
Wealth creation in a largely polarized world is often looked at with mixed feelings. But the fact of the matter is that wealth brings freedom; freedom brings choice and choice leads to change. Change, not just for the entrepreneurial philanthropist, but also for the world, especially in light of the recent outbreak of the coronavirus. It is the wealthy philanthropists, such as Bill Gates and Li Ka Shing who are contributing a significant portion of their wealth in fighting the outbreak by supporting medical teams who are at the front lines.
In addition, Ziad K Abdelnour is a bestselling author of “Economic Warfare: Secrets of Wealth Creation in the Age of Welfare Politics” and of the upcoming book ”Startup Saboteurs: How Incompetence, Ego, and Small Thinking Prevent True Wealth Creation.”
He regularly mentors upcoming entrepreneurs to look at wealth creation through the lens of social change. Ziad was recently named to the list of 500 Most Influential CEOs in the World.
In short and in Ziad’s own words, “philanthropy requires disruption. This disruptive mindset hinges on a practice I call Entrepreneurial Philanthropy, which is designed to support innovation that creates sustainable, thriving economies in communities with tremendous need. Further, it requires the utilization of several principles rooted in today’s successful enterprises.”
Ziad K Abdelnour is a bestselling author and Founder, President & CEO of Blackhawk Partners, Inc. a private “family office” in the business of originating, structuring & acting as equity investor in strategic corporate investments and co-Founder of Aeros-Blackhawk Partners; a trading platform focusing on the financing of real estate and project finance properties throughout the US.