EP #108: Doing the Most Good with Marina Feffer
Our podcast is all about using your gifts and skills to make a positive impact in the world. We can all do something. But what if we all did the MOST we possibly could? What if it was prioritized above all else?
When you operate from a mindset of abundance, it’s a lot easier to put giving first. Everyone’s “enough” is going to look a little different but whatever it is, finding it leads to finding the most good that you can do. Today’s episode covers today’s wealth gap (the current need for positive impact) and some steps to slim that margin (the actions we should take). Marina Feffer co-founded Generation Pledge in order to help people give as much as they possibly can (more than just money) to positive impact.
What You'll Learn In Today's Episode:
The amount of wealth transfer that is coming in this generation
The importance of inheritors in shaping the world
What are the United Nation’s (UN) Sustainable Development Goals (SDGs)
About the growing wealth gap in the world
What is poly-capital
What does it take to inspire inheritors
What growing up wealthy in Brazil did for Marina
How psychology helps you understand the plight of others
How sustainability will shape the future
How Marina’s work has been autobiographical
What are some invisible norms in wealth
The difference between preserving and growing wealth
How to redistribute wealth for good
How to overcome fear in talking about change
How to honor the past and commit to the future
How to repurpose legacy
The necessity to prevent suffering
Ideas Worth Sharing:
“We really do believe that inheritors area a fundamental, vital piece in shaping the future.” - Marina Feffer
“We’re starting to go through the biggest wealth transfer in history.” - Marina Feffer
“…inheritors are a cause area themself.” - Marina Feffer
“There is an issue with quantity. There is also an issue with quality.” - Marina Feffer
“The impact field has a lot to improve in the systemolgoy in impact..” - Marina Feffer
“What makes you feel activated to do good?” - Sybil Ackerman Munson
“The best way to approach this is to connect with that desire of doing good.” - Marina Feffer
“It’s a pledge because it’s a commitment we make.” - Marina Feffer
“We’re also looking for people with a certain personality trait.” - Marina Feffer
“It’s not a given that we’ll be able to achieve the results that we want.” - Marina Feffer
“I had to learn to navigate the space of wealth .” - Marina Feffer
“There is a leap of faith…a repurposing process that has to happen.” - Marina Feffer
“I spent many years in therapy thinking about it.” - Marina Feffer
“What are the thesis for the way that you are going to engage in change?” - Marina Feffer
“How do you think about proportion?” - Marina Feffer
“It taught me how to hold space for suffering.” - Marina Feffer
“I know that there is a level of suffering in the world that is preventable.” - Marina Feffer
“It seems unrealistic that I’m doing the work that I’m doing.” - Marina Feffer
“I had to learn to navigate in this other space and look into more systemic approaches.” - Marina Feffer
“The change has to flow back to situations on the ground.” - Marina Feffer
“On the other hand we have to come with intellectual humbleness…” Marina Feffer
“It can be a big challenge to inherit wealth…inherit influence.” - Bob DePasquale
“It’s also important to look at what the need is.” - Bob DePasquale speaking about considering how you can make a difference
Resources In Today's Episode:
Marina Feffer - LinkedIn
Bob’s Book - Personal Finance in a Public World
This week’s E-Impact Blog Entry
Episodes Referenced:
EP #08: Making A Difference Through Impact Investing with Jon Sahn
EP #35: Sustainable Investment Management with Sascha Janzen
EP #52: Creating a Clean Legacy for Future Generations with Ron Kamen
EP #63: Maximizing Your Philanthropic Impact with Sylvia Brown