Giving credit where it’s due is likely something every successful leader and manager does well. If they aren’t good at it? Well, they probably aren’t that successful.

I love this paragraph from James Altucher:

5)      Give Them Credit. At work everyone wants credit. At home everyone wants credit. “I DID clean the dishes today,” my daughter might say. People tend to hoard credit. They are afraid that if others get credit for what they did then they might get diminished in some way. So do the opposite. Give credit/appreciation for everything, even work you did. Here’s a ratio: for every piece of credit you give out, it comes back tenfold. How will it come back? We don’t know.

That’s part of becoming an ancient wizard. The world bends to create magic for you. Because you’ve given credit to it’s citizens, the world itself will return the favor. And, on top of it, the people you help – by either appreciating them more or giving credit to them – will like you more.

This is not being manipulative in any way. This is being a superhero. It’s making people feel better. It’s showing people that you paid attention to what they were doing. You NOTICED.

An example that happened to me by accident: I was at a public company that had about 1000 employees at one point. I was in charge of my division but I had a plan to leave. I wanted to start a venture capital fund. So I stopped caring about my job. Instead, all I did was give credit to everyone else. If someone had even helped me a slight bit on a project I would give them all the credit.

The next thing I knew the powers-that-be at the company offered me the job of CEO. Which I turned down. But that was the magic at work. The only way the universe rewards you infinitely is when you give away everything.

Giving credit where it’s due is something I think I’m fairly good at. But I’m not perfect, and will start giving more credit to others — even when it’s not due.

[Photo via differentfurstudios.com]