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insights from Michael Norton

This presentation consists of highlights from the interview with Moe Abdou,

founder & host of 33voices®.

Michael NortonMichael I. Norton is an Associate Professor of Business Administration in the Marketing Unit and Marvin Bower Fellow at the Harvard Business School. He holds a B.A. in Psychol-ogy and English from Williams and a Ph.D. in Psychology from Princeton. Prior to joining HBS, Professor Norton was a Fellow at the MIT Media Lab and MIT’s Sloan School of Manage-ment. His work has been published in a num-ber of leading academic journals, including Science, the Journal of Personality and Social Psychology,Psychological Science, and the An-nual Review of Psychology, and has been cov-ered in media outlets such as the Economist, the Financial Times, the New York Times, the Wall Street Journal, and the Washington Post.

@DocOnDev

1

Money can certainly increase your state of happiness,

but only subtly.Don’t be fooled by it.

2

Your net-worth is rarely correlated to your self-worth -

unless, your self esteem is fragile.

3

Spend money on experiences and you will forever treasure it.

buy a material good and your appreciation is likely to fade quickly.

3

Spend money on experiences and you will forever treasure it.

buy a material good and your appreciation is likely to fade quickly.

4

Those who make the smartest money decisions

align their behavior and activitieswith the broader goals that matter deeply to them.

5

While delayed gratification distinguishes those who go far in life,

it’s delayed consumption that separates those most happy.

“make something a treat” and you’ll enhance the experience.

6

The evidence that poor people give a higher percentage of their money to charity

than wealthier onesis reflective of why investing in others will make you feel healthier and wealthier.

7

The legacy you’ll leave behind will likely reflect your impact on others.

make it matter.

8

Smart companies understand the correlation between

time-affluence and well-being -

Thus encouraging you to pursue work that’s deeply personal & meaningful.

9

Savvy marketersmake it a priority to spread happiness beyond their products and services.

10

Think of retirement as an adventure full of experiences

and you’re likely to save more; consider it a time when you’ll leave your workplace identity,

and you’ll lose your zest.

Before making your next purchase,

ask this question:How will this change the way I use my time?

REALLY REFLECT...

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