Even Millionaires Can’t Resist Free!

It’s been a hectic second week back after labor day and I’m so encouraged by what I’m seeing in the economy.  It’s as if the world decided to suddenly get back to work after a long dormant summer.

The one tip I want to leave you guys with is that no matter how rich your client, your boss, or your prospect is, they cannot resist free.  It doesn’t matter whether you take them out to lunch, buy them a drink, take them to a baseball game, or send them a book.  He or she can be worth hundreds of millions of dollars, and that small $20 gesture will do the world for you!

You may think it’s odd that you are giving something to someone who can afford anything, but you are mistaken.  Those who are richer than you and can afford anything are generally the ones who are always giving.  Hence, as soon as you give them something, you’ll stir up their appreciation that they never knew they had.

In the spirit of free, here are some of the posts out there which do just that.

Yakezie Giveaways Galore!

* Elle at Couple Money is giving away a free laptop for her first year anniversary.

* Kevin at Invest It Wisely is celebrating his 6 month anniversary with various prizes.

* Mrs. Accountability at Out of Debt Again is celebrating her 3 year anniversary with $800 in prizes thanks to various friends.

* Yakezie.com hosting our second book giveaway, How Rich People Think thanks to Elle.

* Christian PF is hosting a iPod Touch giveaway.

* The three winners of the Financial Samurai The Simple Dollar giveaway are: Jason @ Redeeming Riches, Suba @ Wealth Informatics, and Little House.  Please send me your mailing address by Monday, Sept 20th or else I will announce new winners.

Go ahead and check the giveaways out.  I love being part of this community and have entered all three giveaways myself!

Keigu,

Sam @ Financial Samurai – “Slicing Through Money’s Mysteries”

Follow on Twitter @FinancialSamura and subscribe to our RSS or E-mail feed.

Sam started Financial Samurai in 2009 during the depths of the financial crisis as a way to make sense of chaos. After 13 years working on Wall Street, Sam decided to retire in 2012 to utilize everything he learned in business school to focus on online entrepreneurship.

You can sign up to receive his articles via email or by RSS. Sam also sends out a private quarterly newsletter with information on where he's investing his money and more sensitive information.

Subscribe To Private Newsletter

Comments

  1. Samuel@MegaBizFlakes says

    Nice post! Yea i agree with your points! i do feel some how when i want to give someone a gift and the person can afford the gift i want to give him or her! well that dosen’t mean though! thanks for sharing man.

  2. Everyday Tips says

    I love free! I am not rich by any means, but it means the world to me if a friend offers to take me out to lunch. I can easily afford lunch anytime, but the thought of being treated can mean so much. In this case, it truly is the thought that counts, the thought that someone wants to meet up and pay for your meal. Tis a great thing.

  3. Khaleef @ KNS Financial says

    Good point! Those small gestures can mean so much to anyone. We had a friend over recently and she feels that we are always doing so much for her, and she wanted to return the favor. She bought pizza for us (my one weakness!), and we were so touched! She doesn’t have much money, and she is trying to support her family after her parents divorced, so it really meant something special for her to do that.

  4. Sandy L says

    I couldn’t agree with you more. I’m in sales and plenty of people can “afford” to go to a baseball game for example, but usually they do not. However, for a free game that’s already been planned for you, it’s definitely something people say yes to.

    Just because people earn a lot doesn’t mean they’re going to splurge on such luxuries. Plus, people are busy and it’s nice to have someone else do the event planning for a change.

  5. Charlie says

    You bring up some excellent points. I went to a party today and even though I was already bringing something I asked my good friend the hostess if there was anything I could pick up for her at the grocery store on my way over. As it happened there were a few things she forgot to get earlier so I was so happy to get them for her. She’s always hosting parties and dinners doing so many things for others so it was nice being able to help (even in a small way) and she really appreciated it too.

  6. Forest says

    He he, nice intro to the comps, just did a similar post myself….. I actually get really frustrated when richer people won’t take drinks and freebies from me. Don’t matter how rich you are, you get a drink out of me if I am buying a round!

  7. Kristine says

    Cool giveaways! I am reminded of the quote while reading your post – “Reciprocity is the most important tool for getting along with people.” We always get what we give! :)

  8. Squirrelers says

    Who wouldn’t like free! It’s a concept that knows few bounds. Many folks who are modestly wealthy got that way by being intelligent about limiting their unneccessary spending.

    Now, sometimes there can be strings attached to things that are “free”. But as long as free truly means free….it’s all good!

  9. Steve Jobs says

    This actually so true. I have a friend of mine who owns a restaurant and I can say that the restaurant is really doing great. That friend of mine, freaked out the moment I told him I’ll treat him some hotdog. You know, people do not calculate the total expenses of something you give, what they appreciate is the effort of giving it.

Leave a Reply

Your email address will not be published. Required fields are marked *