“A study of business school graduates tracked the careers of 1,500 people from 1960 to 1980. From the beginning, the graduates were grouped into two categories. Category A consisted of people who said they wanted to make money first so they could do what they really wanted to do later. Those in category B pursued their interests first, sure that the money would follow eventually.
What percentage fell into each category?
Of the 1,500 graduates in the survey, the money-now category A’s comprised 83 percent or 1,245 people. Category B risk takers made up 17 percent, 255 graduates.
After 20 years, there were 101 millionaires in the group. Only one came from category A, 100 from category B.”
39% of the people in category B became millionaires vs. .08% for category A!
I’ve believed this for a while now. It’s very cool to see academic research on the topic with such dramatic findings.
7 months ago