Pay It Forward: Ignite the True Spirit of Entrepreneurship

Source | Entrepreneur : By 

It was the year 1975, and a usual busy day for Robert Noyce, the founder/CEO of Intel, an unknown, wannabe entrepreneur called him for advice. Mr Noyce not only met him but also coached this young entrepreneur who later founded a company that has gone on to become the most admired company in the world.

Kudos if you guessed whom Mr Robert Noyce took under his wing. Yes, I’m talking about Mr. Steve Jobs. Why have I have brought this point here? Any guess? The reason is to draw your attention to Silicon Valley’s open secret to success that is nothing but paying it forward. What exactly is paying it forward? The Oxford English Dictionary defines it as to respond to a person’s kindness to oneself by being kind to someone else.

The Origin of the Concept

‘Pay it forward’ was used in the prize-winning play, Dyskolos, in ancient Athens in 317 BC. The concept was rediscovered and described by Benjamin Franklin in his letter to Benjamin Webb. The expression has been brought into popular culture by the bestselling novelPaying It Forward by Catherine Hyde Ryan that was later adapted into a film of the same name, starring Kevin Spacey and Helen Hunt.

During his early days, Facebook founder, Mark Zuckerberg, struggled and turned to his mentor, Steve Jobs for advice. And Steve Jobs paid it forward keeping up with Silicon Valley’s pay it forward culture and suggested him to go to India. If you dig deeper into the history of Silicon Valley, you will come across many examples that show the pay it forward mindset of entrepreneurs.

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