Abraxas AJ Discala believes in philanthropy and with this ideal he has set up new business ideas. According to him people should engage in philanthropy as it promotes business as well as well-being of several persons. “There’s a big difference between writing a check and being a philanthropist. People can write checks for many reasons, and they may or may not be contributing in sustainable ways to a better future,” says AJ Discala. “A philanthropist is someone who gives consistently with intention because it is right and because they want to create a positive change in the world.”
“Good philanthropists are smart investors. They invest in institutions with great infrastructure and low overhead with steady returns – where return is measured in positive change. I am striving to be a smart philanthropist, and I believe that many of my peers are working for the same thing,” says AJ Discala. “We want to see measured differences in the world as a result of the money we spend. We want to know that, if for some reason we have to stop giving to a particular cause, that the work we’ve done will be sustained.”
“I applaud the work of guys like Warren Buffett and Bill Gates, who have both committed to leave the bulk of their fortunes to charity,” says AJ Discala. “But this doesn’t change the importance of giving now. The billions of dollars these men will contribute more than a decade from now could be going towards a very troubled planet if good people don’t band together to make substantive changes in the immediate future.”
AJ Discala is co-founder and managing partner of The Broadsmoore Group; he brings more than 15 years of experience in merchant banking, principal investing and financial advisory services.
Mr. Discala has successfully advised over $500 million in secured debt, equity, and financial transactions, spanning a broad spectrum of industries. Under his leadership, The Broadsmoore Group has established itself as a privately held financial advisory and investment firm dedicated to making a difference by providing the necessary capital, management and financial discipline for companies focused on making a positive impact on society. Mr. Discala recognizes the need for and creates the business disciplines necessary to establish a secure financial marketplace. By providing in-depth information and access to intelligence technology, Mr. Discala and The Broadsmoore Group enable investors to know their counter-party in each transaction, protecting all parties from fraud. For more information check: www.ajdiscala.com/
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