FAVOR BANK

"Favor Bank!!!"
Ok I finally decided to start my blog again. Not that I had a regular habit of writing blogs, but I had made an attempt and like the 80% of the people who started writing blogs I too stopped. I promise myself this time to be more regular. But then are promises made to break?

Sometime back I was reading “The Zeher” by Paulo Coelho. The book by itself is pretty mundane and a bit boring too. Nothing compared to “The Alchemist”. But he explains this concept of “Favor Bank”. An amazing concept I felt. The following is an extract from that novel

‘I start making deposits in your accounts – not cash deposits, you understand, but contacts. I introduce you to such and such a person; I arrange a few deals, as long as they’re legal. You know that you owe me something, but I never ask you for anything.’

‘And then one day....’

‘Exactly. One day, I’ll ask you for a favor and you could, of course say “No”, but you’re conscious of being in my debt. You do what I ask, I continue to help you, and other people see that you’re decent, loyal sort of person and so they too make deposits in your account – always in the form of contacts and nothing else. They too one day will ask you for a favor and you will respect and help the people who have helped you, and, in time you’ll spread your net worldwide, you’ll know everyone you need to know and your influence will keep on growing.’

‘I could refuse to do what you ask me to do.’

‘You could. The favor bank is a risky investment, just like any other bank. You refuse to grant the favor I asked you, in the belief that I helped you because you deserved to be helped, because you’re the best and everyone should automatically recognize your talent. Fine, I say thank you very much and ask someone else into whose account I’ve also made various deposits; but from then on, everyone know, without me having to say a word, that you are not to be trusted.’

I work with a startup company in its early growth stages. I have seen from the people who have started it, as to how important is such an account.

Each of us should consciously make an effort to help and promote friends and people we know. It’s very important to help as many people as possible when you are in a situation to do so. You never know when you will need their help. I have know people who think twice before helping their know ones, just because they feel that they may become more successful than themselves. (You may call me rude but I conciously make an effort never to help them. I hate such people.)But that’s not the case, that’s not reality, by helping out people we grow and succeed, more than they do, and also the sense of satisfaction you get by doing so is just amazing.