Summary
- Motivation often comes from lacking something. For example, I am most motivated to sleep when I haven't slept enough.
- Using this idea, people who are deprived of money should be more motivated to earn it. But in reality, many poor people are not highly motivated, while some rich people are very eager to earn more money.
- The feeling of deprivation is based on our own reference points. For instance, if all my friends are billionaires, and I have $100 million, I might feel deprived compared to them.
- Someone earning $5,000 a month who aims to make $10,000 a month might be less motivated than someone who feels they are behind their wealthier friends.
Video
How To Take Action
I would suggest implementing the strategy of recognizing your own reference points to boost motivation. Here are some easy and valuable steps:
- Self-Assessment: Start by evaluating what you feel deprived of, whether it's more clients, higher sales, or better skills. Be specific.
- Set Realistic Goals: Based on what you lack, set attainable and clear goals. For instance, if you’re aiming to double your sales, break it down into smaller steps like weekly or monthly targets.
- Comparison: Identify your reference points. Look at the people or businesses you compare yourself to. Make sure these comparisons are helpful and motivate you rather than discourage you.
A good way to stay motivated is by keeping track of your progress:
- Track Progress: Use a journal or an app to note each small victory. This can help you stay motivated and see how far you've come.
For personal growth, consider the following:
- Learn Continuously: Invest time in learning new skills related to your business or personal interests. Free resources like online tutorials, webinars, and library books can be very useful.
- Network: Connect with like-minded individuals or groups. Sometimes, seeing others achieve similar goals can inspire and motivate you.
Remember, motivation comes from feeling deprived compared to your reference points. So, find reference points that push you to act, but don't overwhelm you. Make the process enjoyable. This way, you stay motivated and reach your goals without feeling too much pressure.
Full Transcript
how do I motivate this person look at what they lack we are most motivated when we are deprived of something I'm most motivated to sleep when I'm sleep deprived I'm most motivated to eat when I'm deprived of food I'm most motivated to have sex when I haven't had sex in a while now by that same logic you'd think oh poor people should be more motivated because they're deprived of money but that we don't see that in reality many poor people are not that motivated and I've seen some incredibly rich people who are wildly hungry for money and so then it would follow that the deprivation comes from our reference point because money is intangible and so it's how much do we perceive our deprivation around money if all of my friends are billionaires and I'm worth 100 million I'm $900 million poorer than the person who just is at $5,000 a month who wants to make $10,000 a month I'm more motivated to make money than they are because I'm more deprived of it
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