Break the mold and step out. Expand your limits by co-opting others, mentoring others in the business of charity.There are no easy performance metrics.Your resource base is tiny in relation to the social challenges around you.In addition to the boon and bane, a wealthy person also confronts several dilemmas and tough choices both on the personal front and the work front. The world’s billionaires’ club is rapidly getting crowded.But being wealthy could be a bane too as one has to "manage" all that wealth as well as the expectations of people around you from you. So creating an internal oversight in the business of charity assumes a special significance. In addition to the boon and bane, a wealthy person also confronts several dilemmas and tough choices both on the personal front and the work front.Similarly, on the work front, they confront several dilemmas: Where to draw a line between doing a business and supporting a social cause, for every business comes with some social responsibility just as there can be a business opportunity even in serving a social cause? How much wealth to distribute in charity, for what purpose, and in what manner? How much charity to distribute between feeding hungry mouths and teaching the people to catch fish by themselves? How much of time and attention to devote to "manage" charity and so forth. end-of Tags: forbes, discipline, social responsibility, billionaire. It’s a bane insofar as it brings an added social responsibility, absence of which could leave oneself with a deep sense of guilt in the midst of widespread economic deprivations.Charity needs both heart and mind. After all, seeing your resources bring a smile in the lives of people at scale does provide a strong enough motivation. Talking about time, there is a strict trade-off between living for oneself, which is important for leading a holistic life, and living for others, for which you are uniquely positioned. As per the Forbes listing, the number of billionaires globally increased nearly four-fold from 470 in 2000 to 1,810 in 2016. It’s a bane insofar as it brings the responsibility of protecting one’s family from the potential ill-effects of "easy" money. In striking a balance between these two competing demands on time, each billionaire is his own. The business of charity lacks the discipline of the market and the internal controls of corporate governance. And these are dynamic decisions that need continuous reviewing. But a desire to leave a lasting legacy behind probably is.Your time is probably more valuable to you than your money.On the personal front, some of the dilemmas are: how much wealth to bequeath to one’s children without depriving them of the reason to earn money? How much of indulgence in luxury could be considered as moderate, without setting a bad example? How to shape your kids’ surroundings so that they don’t feel any different from other kids? How to teach your kids the value of being industrious in the midst of bodily comforts and so forth. It’s a boon insofar as one is able to slosh in material comforts that money can buy; and insofar as it brings respect and recognition.Being a billionaire is a boon insofar as one doesn’t have to work for a living, which is what the majority of people on the planet are engaged in; one can pursue one’s passions and missions.At the higher end of wealth spectrum, money is not a motivating factor anymore. So reach out to lend a helping hand to the needy China cosmetic organizer Suppliers and discover the difference you make to their lives and, in the process, to your own. Take the game of charity a few notches higher.At the higher end of wealth spectrum, money is not a motivating factor anymore. And this desire can be fulfilled as much through business as through social charity. It’s a bane also because it insulates oneself from understanding what the majority of the population go through to make both ends meet.Here are a few tips on social charity that may come handy for current and would-be billionaires:Being materially blessed, you have a special responsibility towards society. While you need to rely on the right set of people to help you advance your interests in social charity, do step out of the coterie every now and then to gain firsthand knowledge of reality. Turn yourself into a commoner to understand the difference your charity is making and what it could potentially do. While certain social causes may move you more than others, one needs to look for effective strategies for advancing the cause you support, and ensuring that you don’t undermine other social causes in the process