Poverty changes how you act, in non-obvious ways.
It’s clear that the good quality screwdriver which will last a lifetime, for $6, is better than the junky screwdriver you’ll have to replace in a year for $3.
What slips past folks who’ve never lived in poverty is that if your choice includes “and the other $3 will buy flour so you can bake bread all week, otherwise, you get no bread” then you buy the cheap junk screwdriver.
And then again next year.
Multiply that by every single small purchase decision you make and you’ll quickly see that when there isn’t enough money, it can be almost impossible to escape.
… more … “Leveling Up: Thinking Less Like Poor Folk”
“I know for sure that none of these people graduated with a deliberate strategy to get divorced or lose touch with their children—much less to end up in jail. Yet this is the exact strategy that too many ended up implementing.”
How Will You Measure Your Life?, page 4
How Will You Measure Your Life extrapolates business and life lessons by combining these principles:
- – what gets measured improves
- – hindsight is easier but foresight is better
- – business and life often run parallel
The advice throughout the book focuses not on the minutiae but the big picture, teaching business lessons and applying them to life choices. The result is forceful in its clarity and simplicity.
Here’s what you’ll learn: … more … “Practical Advice from ‘How Will You Measure Your Life?’ by Clayton M. Christensen (An Actionable Books summary)”