Anchored to the status-quo

Both Jack and Jane have $5 million. Who is the happier of the two?

The answer depends on where they started from. If Jack had $1 million and won 4$ million in a lottery, while Jane started with $10 million and lost $5 million in a financial crisis, he would be a lot happier than she is. It isn’t the amount of wealth that makes people happy. It’s the deviation from the status-quo.

For better or for worse, people are anchored to the status-quo. When you seek to make any change, the status-quo would be an anchor you would drag along, unless you can free yourself of it.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s