10 Lessons from Phil Ivey

4. Give Back
Mr. Ivey’s icy demeanor and hardcore attitude does a pretty good job of hiding his much softer side. A few years ago Ivey founded the Budding Ivey Foundation in order to help underprivileged kids get some assistance paying for college. The foundation takes its name from Ivey’s late grandfather Leonard “Bud” Simmons and is very active in the Las Vegas area.
Whether you’re in the gambling business or not, giving back to society is something you should at least be considering. You don’t have to start your own foundation, just find one or two ways to help out others who are less fortunate than yourself.