Success Without Fulfillment is the Ultimate Failure: Why Giving Back is Vital to Good Business

by | BiggerPockets.com

The topic I’m going to discuss today is something very close to my heart. One of the most valuable lessons I learned in life that has been proved over and over again is that the more you give, the more you get. This concept has mesmerized me, and I’ve carried it with me over the last five years as I grow my business. Because my business has reached a certain level of success, I decided this year was the time to start giving back.

Over the past Christmas holiday, my team and I gave away a house to a family in need. Unfortunately, I made the mistake of committing myself (right in front of the television cameras) to giving away a hundred houses over the next ten years. I have no idea how I am going to do this, but I think you all know me well enough now to know that I’ll find a way to make it happen.



Related: Search give back 3 Ways Investors Can Give Back to Their Communities (& the Larger World)

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Success Without Fulfillment is the Ultimate Failure

This brings us to an important subject, and that is finding your purpose and “why” in life. One of my favorite quotes comes from Tony Robbins and goes like this: “Success without fulfillment is the ultimate failure.” I can tell you that all the money in the world will not bring you fulfillment. I can’t tell you how to find your purpose and “why” in life, but I can tell you this: Your purpose and “why” cannot be focused on you, and it can’t be focused on money. A perfect example would be dieting. The reason that we don’t stick to diets is that the when the drive behind it is “self,” that is not a strong enough motivator to make us follow through.

If money was your purpose and “why” in life, would you ever hit the snooze button? Aren’t you going to your 9 to 5 job to make money? Your purpose in life has to be strong enough to get you through the hard times that life throws us. In my opinion, your purpose and “why” in life have to be much bigger than yourself. Maybe it’s your wife, your children, or whoever your loved ones might be. If your loved one was hanging over a cliff and the only thing keeping them from falling was your hand, would you ever let go? Maybe it’s a cause that you are passionate about. We gave a house away this year for no other reason but to see the smile on someone’s face and to change someone’s life. When your purpose and “why” are bigger than you, your commitment to that purpose will be selfless.

I can’t tell you what your purpose should be, but I do know that when you do find it, you will feel a drive, passion, and determination to succeed in whatever it is you do.

What’s YOUR “why”—and how did you start investing with more purpose?

Let me know your experiences with a comment!

About Author

Engelo Rumora

Engelo Rumora “The Real Estate Dingo" is a successful property investor, motivational speaker and serial entrepreneur that quit school at the age of 14 and played professional soccer at 18. He is also a soon to be published author along with becoming a TV personality in his very own real estate house flipping show. To find out more go to engelorumora.com . Engelo Rumora has been involved in over 400 real estate deals and founded five businesses in Ohio. The most successful is Ohio Cashflow, a company that specializes in providing turnkey properties in several Ohio markets. The newest venture is List’n Sell Realty, a real estate brokerage based in Toledo, Ohio and soon to be known as the #1 discount broker in the country.

12 Comments

    • Engelo Rumora

      Thanks Jerry,

      I appreciate your kind words mate and very true.

      I’m still “chasing” the dollar but that will soon completely change.

      We only need so much before we can live a life full of purpose and helping others in anyway we can.

      Have a great day and speak soon

  1. Adam Ulery

    Love this. It’s awesome and inspirational, Engelo. I also want to remind people that you don’t have to wait until you’re “successful” or until you can give huge (e.g. a house). Give what you can, based on your circumstances. I’m working hard so I can give huge one day, too. Until then, I’ll continue giving what is “huge” to me now.

    • Engelo Rumora

      Thanks Adam,

      100% agree.

      There are many ways to help and the best ones don’t necessarily consist of giving something tangible.

      I strongly believe that the more you give, the more you will get.

      Much success and keep the dream alive 🙂

  2. Giving away houses is great AFTER landlords have first made sure that they are providing their tenants with clean, durable, well-maintained HOMES to rent. Otherwise, it reminds me of (true story) a certain local dentist who plays money games with his patients in order to finance his charity trips to provide free dental care in Africa. Charity begins at home.

    • Engelo Rumora

      Thanks Katie,

      We had thousands of folks praise our efforts for giving the house away as we could have sold it easier than giving it away for free and made a huge profit.

      We did get a few messages from folks with corrupt mindset that said we are doing it for tax purpose and to redeem our souls for something we have done in the past lol

      Ultimately, the deed was done from the heart and we didn’t allow a few people to spoilt the good that we did.

      Charity begins from the heart and without a hidden agenda.

      Much success 🙂

  3. Craig Pfeffer on

    Enjoyed your podcast and thanks for sharing. I have a strong faith in God and live by the scriptures taught in the Bible. There are several scriptures in the Bible regarding “giving”, but one of my favorite ones is
    Proverbs 11:24-25:
    “One man gives freely, yet gains even more; another withholds unduly, but comes to poverty. A generous man will prosper; he who refreshes others will himself be refreshed.”

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