
The Algebra of Wealth: A Simple Formula for Success

Putting in 110% doesn’t guarantee success and working 90% doesn’t foreclose it.
Scott Galloway • The Algebra of Wealth: A Simple Formula for Success
The key is to train our habits proactively, such that our reactive, automatic response to stimuli matches the response we’d choose if we could take the time to make the choice.
Scott Galloway • The Algebra of Wealth: A Simple Formula for Success
Convert your income into capital. Capital is money put to work, creating value.
Scott Galloway • The Algebra of Wealth: A Simple Formula for Success
If your idea of being a doctor is having a great bedside manner and a passion (there’s that word again) for helping people, you might make a great doctor someday, but if you aren’t also really good at grinding out long hours in the library and working your way through dense textbooks, that day will never arrive.
Scott Galloway • The Algebra of Wealth: A Simple Formula for Success
As the great philosopher Sheryl Crow once said, happiness isn’t “having what you want, it’s wanting what you’ve got.”
Scott Galloway • The Algebra of Wealth: A Simple Formula for Success
The point is to attain mastery. I have yet to conquer TV, but my wheelhouse is standing in front of a crowd and communicating about business and issues that I care about. When I do that, I’m in a flow state, which is the signature sensation of mastery.
Scott Galloway • The Algebra of Wealth: A Simple Formula for Success
56% of American adults10 don’t have even $1,000 in backup cash.
Scott Galloway • The Algebra of Wealth: A Simple Formula for Success
passion is the result of good life design, not its cause.
Scott Galloway • The Algebra of Wealth: A Simple Formula for Success
balance is something you should seek over the course of your life, not your day,