Fact - Large paychecks causes poor performance*
Chew on that. Why do big-time CEOs keep failing to perform? Even though it's against all basic intuition, there is a negative correlation between financial rewards and performance of cognitive tasks. That's exactly why we see wealthy leaders repeatedly disappoint societal expectations over the past two decades. No matter how big a price-tag, it is impossible for an organisation to simply purchase greatness from an individual. While it's important to pay individuals fairly, greatness is something that must be cultivated and induced with care and perseverance.
Here are 5 steps to greatness,
Here are 5 steps to greatness,
- Stop chasing rewards; it's never worth it in the end.
- Accept that failure will be part of your journey; the only people who never fail, are the people who never tried
- Make your passion your profession; do what you love
- Be a master of your profession; according to Malcolm Gladwell, this means spending >10,000 hours on it
- Plan to change the world; even if it's only in a very small way
