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Episode 1406:

Jim Collins, author of JLCollinsNH.com, debunks the common myth that managers can motivate employees through contests and incentives. He argues that true motivation is intrinsic and that management should focus on not demotivating naturally motivated employees. By hiring inherently motivated individuals and providing an environment that allows them to thrive, companies can achieve far greater success.

Read along with the original article(s) here: https://jlcollinsnh.com/2011/06/07/the-myth-of-motivation/

Quotes to ponder:

"The most motivating thing any manager ever did for me was to say that the best thing he could do was to stay out of my way and let me do my job."

"Bosses should worry less about motivating people and focus more on making sure they and their organizations are not actively, if unintentionally, DE-motivating them."

"Given half a chance, most people are so profoundly self-motivated they rise above the way they’re managed."

Episode references:

The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-Financial-Independence/dp/1533667926

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