In the early 19th century, William Colgate, a young man from England, emigrated to the United States with dreams of becoming a successful businessman. However, he had little money and faced significant challenges in establishing himself. He eventually secured a job as an apprentice in a soap manufacturing company.

Despite his struggles, William was deeply religious and believed in the power of tithing — giving a portion of his income to charity. He made a vow to give 10% of all his earnings to God, regardless of how much he made. This was a significant commitment, especially considering his modest income at the time.

William’s faith and generosity did not go unnoticed. Over time, he started his own soap business, and despite fierce competition and the challenges of a nascent industry, his company began to grow. He remained steadfast in his commitment to tithing, even as his business flourished.

As William Colgate’s company continued to prosper, he didn’t stop at giving 10% of his income. As his wealth increased, he decided to give 20%, then 30%, and eventually, he was giving away 50% of his earnings to charitable causes. This remarkable generosity was something he credited as a key factor in his business success.

Colgate’s company eventually became one of the largest and most successful consumer goods companies in the world. The Colgate brand, known today for its toothpaste and other personal care products, is a household name globally. William Colgate’s story is often cited as an example of how generosity and faith can lead to extraordinary success.

The Lesson:

William Colgate’s story is a powerful reminder that success is not just about hard work and business acumen; it’s also about giving back. His unwavering commitment to charity, even when he had little to give, not only helped those in need but also seemed to unlock an abundance of success in his own life.

This story illustrates the principle that when you give generously, the universe often rewards you in ways you might not expect. For William Colgate, his dedication to charity became the foundation for a business empire that continues to thrive more than 200 years later.