Money or happiness? (Choose correctly, and you’ll get both!)
June 15th, 2007 by Lani VoivodJust read an article by Rain Today contributor C.J. Hayden that puts some hard-fact numbers behind the “woo-woo” concept that it’s better to follow your bliss than boost your bank account.
Check out this excerpt from her article:
In Mark Albion’s book, Making a Life, Making a Living he describes a study of 1500 business school graduates that took place over twenty years. Based on their responses to a survey, the students were grouped into two categories.
Group A wanted to make money first, then pursue what they really wanted to do later when they had more resources. They comprised 83% of the respondents. Group B, who made up 17%, intended to pursue their true interests first, sure that money would eventually follow.
Twenty years later, there were a total of 101 millionaires in the two groups. Only one came from Group A. There were 100 millionaires out of the 255 people in Group B.
Now, we may not know the fates of those 1399 non-millionaires, nor do we know if the one lonely millionaire from Group A is a miserable drip or a jovial chap. But 17% of 1500 is 255. So of the Group B’s, nearly 40% went on to become millionaires pursuing what they were passionate about in the first place.
Hmmm. Nice odds, don’t you think?
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