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First published August 26, 2013
Using examples from literature, religion, psychology, and my own life, we'll discuss the fact that death is inevitable, and why realizing and understanding that fact should spur you to make changes in your life (I know, exactly what you expected from a business book, right?). We'll look at the social programming that conditions us all from birth to be greedy, lazy, and constantly chasing after money – you might think chasing after money is the sign of a good businessman, but I'll explain that this is not always true, and that true success follows very different principles. (p. 18).
I’ve come to stop believing in goal setting. Why? Because goal setting, or at least the way most of us are trained to do it, actually gets us to be obsessed about the how of attaining our goals, rather than the passion, the vision, and the beauty of the goal itself. (p. 45)
Malcolm Gladwell's recent book David and Goliath, he notes that “the scholars who research happiness suggest that more money stops making people happier at a family income of around $ 75,000 a year”. It's the way you live you life and fulfill your path that matters more than your bank balance. (p. 83). .
This all links with another important idea – the Pareto Principle. This principle is named after Vilfredo Pareto, an Italian economist from the early 20th century, who noted that in most of the cases he observed, 80% of all the results came from only 20% of the effort. (p. 198).