Give to Get to Give

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.