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Patton’s Picks: The 5 Types of Wealth by Sahil Bloom
Leadership Resources for the Philanthropic Sector
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Most nonprofit leaders define wealth far too narrowly—and then wonder why burnout creeps in.
In The 5 Types of Wealth, Sahil Bloom offers a practical and refreshing reframe: financial, time, social, mental, and physical wealth all matter, and neglecting any one of them eventually shows up in your leadership.
A few takeaways that really resonate for nonprofit professionals:
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Time wealth is leadership currency. If you don’t control your calendar, someone else will—and your impact suffers.
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Social wealth compounds. Relationships built with intention create resilience, opportunity, and perspective.
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Mental and physical wealth are not luxuries. They’re prerequisites for sound judgment and sustainable leadership.
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Financial wealth is a tool, not the finish line. Clarity about “enough” frees leaders to focus on mission, not just money.
For emerging leaders, this book helps define success early—before unhealthy habits take root.
For mid-career professionals, it’s a needed reset.
For senior leaders, it’s a reminder that modeling balance is part of the job.
Bottom line: This is a strong addition to any nonprofit leader’s bookshelf—and a helpful lens as you think about what a truly “wealthy” career looks like.
About Patton McDowell:Dr. Patton McDowell, CFRE, MBA, is the creator of the innovative PMA Mastermind Leadership Program, a unique offering designed to elevate nonprofit leaders through comprehensive training and peer collaboration. He is also the author of the best-selling book, Your Path to Nonprofit Leadership, and host of the weekly podcast with the same name, available here. Since founding PMA Nonprofit Leadership in 2009, Patton has strategically guided over 300 nonprofit organizations to achieve their fullest potential. A Certified Fundraising Executive and Master Trainer for AFP Global, he serves as Executive in Residence at Cornell University's Jeb E. Brooks School of Public Policy and as Director of the Institute for Philanthropic Leadership.
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