Return to Books

    Give to Get to Give

    Using Universal Principles to Create Your Investment Plan for Reliable Income

    By Randy Dorcey

    Published 10/2023


    About the Author

    Randy Dorcey is a seasoned financial counselor with over three decades of experience in the finance industry. His expertise extends beyond mere financial advising, focusing instead on providing strategic counsel rooted in experience and deep understanding of financial principles. Dorcey has built a reputation for blending humor with serious financial strategies, making complex financial concepts accessible and engaging for his audience.

    Main Idea

    The core premise of "Give to Get to Give: Using Universal Principles to Create Your Investment Plan for Reliable Income" is to provide readers with strategic financial counsel that debunks common myths and emphasizes the importance of a well-structured investment plan. Dorcey introduces the universal law of “give to get to give,” advocating for a cycle of generosity and investment that ultimately leads to financial freedom and security.

    Table of Contents

    1. Introduction: Some Advice About Ice
    2. Chapter 1: Name Those Cows
    3. Chapter 2: Stick with Your Whoppers and Big Macs
    4. Chapter 3: Eggs, Big Macs, and Whoppers
    5. Chapter 4: The Monetary Value of Trust and Trusting
    6. Chapter 5: The Fun in Trusting the Magic Elixir Mixer
    7. Chapter 6: Growing Your Crop
    8. Chapter 7: More Growing with Some Knowing
    9. Chapter 8: There’s Giving and There’s Getting Got
    10. Chapter 9: When the World Changes
    11. Conclusion: The Universal Principles of Giving

    Introduction: Some Advice About Ice

    Randy Dorcey begins with a humorous anecdote from his childhood, illustrating the difference between advice and counsel. This distinction is pivotal throughout the book, highlighting that while advice is plentiful and often given freely, true counsel comes from a place of experience and expertise.

    "Advice is cheap and easily given. Counsel comes from a position of experience and expertise." — Randy Dorcey

    Dorcey shares an amusing story from his kindergarten days, where he faced the dilemma of choosing between the mischievous advice of his brothers and the prudent counsel of his teachers. This early lesson in discerning valuable guidance from frivolous advice sets the tone for the financial wisdom he imparts throughout the book.

    Chapter 1: Name Those Cows

    In the first chapter, Dorcey emphasizes the importance of understanding the purpose behind financial actions. Using the metaphor of naming farm animals, he underscores the need to clearly define financial goals and stick to them. This chapter encourages readers to allocate resources wisely and to start saving early, even if the initial amounts are small.

    Dorcey introduces the idea of "naming your cows" as a way to reinforce the purpose of your investments. By naming his calves "Whopper" and "Big Mac," he reminded himself and his family of their ultimate purpose on the farm. Similarly, understanding the purpose of your financial actions can help you stay focused and disciplined.

    Examples:

      Sign Up for Free

    Sign up for FREE and get access to 1,400+ books summaries.

    You May Also Like

    Finance
    Balance

    How to Invest and Spend for Happiness, Health, and Wealth

    By Andrew Hallam
    Finance
    Rich Dad Poor Dad

    What the Rich Teach Their Kids About Money - That the Poor and Middle Class Do Not!

    By Robert T. Kiyosaki
    Finance
    Debt Free for Life

    The Finish Rich Plan For Financial Freedom

    By David Bach
    Finance
    Money Unmasked

    Unlearn, Unlock, and Take Back Control of Your Finances and Life

    By Garrett Gunderson
    Finance
    The Truth About Crypto

    A Practical, Easy-to-Understand Guide to Bitcoin, Blockchain, NFTs, and Other Digital Assets

    By Ric Edelman
    Finance
    The Holy Grail of Investing

    The World's Greatest Investors Reveal Their Ultimate Strategies for Financial Freedom

    By Tony Robbins,
    Finance
    Profit First

    Transform Your Business from a Cash-Eating Monster to a Money-Making Machine

    By Mike Michalowicz
    Finance
    The Little Book of Common Sense Investing

    The Only Way to Guarantee Your Fair Share of Stock Market Returns

    By John Bogle
    Finance
    The Total Money Makeover

    A Proven Plan for Financial Fitness

    By Dave Ramsey
    Finance
    Your Money Narrative

    Understanding Your Story to Build a Stronger Financial Future

    By Amy R. Cook
    Finance
    Getting Rich Your Own Way

    Achieve All Your Financial Goals Faster Than You Ever Thought Possible

    By Brian Tracy
    Finance
    Wealth

    Grow It, Protect It, Spend It, and Share It

    By Stuart E. Lucas
    Finance
    Intelligent M&A

    Navigating the Mergers and Acquisitions Minefield

    By Scott Moeller,
    Finance
    Retire Secure! Pay Taxes Later

    The Key to Making Your Money Last as Long as You Do

    By James Lange
    Finance
    The 10 Essentials of Forex Trading

    The Rules for Turning Patterns Into Profit

    By Jared F. Martinez
    Finance
    The Rise of Women and Wealth

    Our Fight for Freedom, Equality, and Control of Our Financial Future

    By Cindy Couyoumjian
    Finance
    Opportunity Investing

    How to Profit When Stocks Advance, Stocks Decline, Inflation Run Rampant, Prices Fall, Oil Prices Hit the Roof... And Every Time in Between

    By Gerald Appel
    Finance
    Investing With Exchange-Traded Funds Made Easy

    Higher Returns with Lower Costs –– Do It Yourself Strategies Without Paying Fund Managers

    By Marvin Appel
    Finance
    The Little Book that Beats the Market

    A Guide to Beating the Market for All Ages

    By Joel Greenblatt
    Finance
    Same As Ever

    A Guide to What Never Changes

    By Morgan Housel