A common myth in our society is that happiness is directly linked to affluence. It has been said that “money can’t buy happiness, but it makes a great down payment!” The truth is that even when people experience an increase in income, they quickly adapt to it and want more. This is referred to as “hedonistic adaptation.”
According to a study done by the National Opinion Research Center at the University of Chicago, the number of people who defined themselves as “very happy” peaked in 1957 at 35%. Today the percentage is around 30% despite higher incomes and new technology that lifts many of the physical burdens of the past. So how does one find true happiness and fulfillment? How does it relate to leadership? Click on the podcast below to find out.
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