The Algebra of Happiness
The ability to deliver some sort of sweat or intelligence that people will pay you for, that you can then support your family with.
Scott Galloway • The Algebra of Happiness
Misalignment on what’s important and a lack of appreciation for the other person makes everything . . . harder.
Scott Galloway • The Algebra of Happiness
By the time you’re thirty, you should have a feel for what your burn is. Young people are 100 percent focused on their earnings. Adults also focus on their burn.
Scott Galloway • The Algebra of Happiness
On a risk-adjusted basis, being an employee for a good or great firm is more rewarding than being an entrepreneur. Again, something not discussed in a media obsessed with “innovators.”
Scott Galloway • The Algebra of Happiness
This makes sense as a pitch to college graduates. If you never work for a large company, you'll never fully feel gratitude for the self-determination that entrepreneurialism can give you. It's a little bit of a catch-22.
The slope of the trajectory for your career is (unfairly) set in the first five years post-graduation. If you want the trajectory to be steep, you’ll need to burn a lot of fuel. The world is not yours for the taking, but for the trying. Try hard, really hard.
Scott Galloway • The Algebra of Happiness
work your ass off and get some semblance of economic stability. But take notes on the things that give you joy and satisfaction, and start investing in those things. Pay special attention to things that bring you joy that don’t involve mind-altering substances or a lot of money. Whether it’s cooking, capoeira, the guitar, or mountain biking, intere
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compound interest is the most powerful force in the universe.
Scott Galloway • The Algebra of Happiness
a map sketched by someone who has already arrived.
Scott Galloway • The Algebra of Happiness
Don’t think of it as saving—think of it as magic. Put $1,000 into a magic box, and when you’re ready for it in forty years, presto: that thousand dollars is now $10,000 to $25,000. If you could have this magic box, how much would you put in it?