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This study blew my mind. It found there’s ONE main key to earning a higher income. The study looked at kids from poorer families, and how they turned out as adults. Turns out, the number one indicator of their future income was not the socioeconomic status of their family....

509,782 Aufrufe • vor 2 Jahren •via X (Twitter)

10 Kommentare

Profilbild von Codie Sanchez
Codie Sanchezvor 2 Jahren

This episode is about surroundings, place, and whether you have to leave your hometown to grow. w/ guests @nathanbarry & @RobuiltChannel. Listen here: Spotify: Apple: YouTube:

Profilbild von Dickie Bush 🚢
Dickie Bush 🚢vor 2 Jahren

This is why I think the smartest thing you can do is to realize you aren't that smart. The best operators know what they know, but more importantly what they don't know. Double down on what you know. Then surround yourself with people who know everything else.

Profilbild von Steve · Millionaire Habits
Steve · Millionaire Habitsvor 2 Jahren

You are who you associate with. So many people learn this the hard way.

Profilbild von Hiroshima Sunset ▚▘▚▘▚▘
Hiroshima Sunset ▚▘▚▘▚▘vor 2 Jahren

Our environment shapes our mindset. Surround yourself with positive, ambitious people to upgrade your operating system.

Profilbild von Wealth Director
Wealth Directorvor 2 Jahren

It's not just about your effort alone; it's about who and what you're around. Choose your surroundings wisely!

Profilbild von Just Greg
Just Gregvor 2 Jahren

I think it has a lot to do with employment referral. Almost all of the positions I've held were from referral. Who you hang around and who you know professionally grows over time, but that's where your referrals come from, and who you're referring as well.

Profilbild von Rory Stouder
Rory Stoudervor 2 Jahren

There are outliers, I grew up in a well connected socioeconomic city, lots of wealth. But if you don’t fit in, those same kids make sure you know it. How would you advise those kids to overcome and make it in the “in group”?

Profilbild von Ericson Smith
Ericson Smithvor 2 Jahren

Or as my mom used to say “don’t hang around poor people”.

Profilbild von AJ Londono
AJ Londonovor 2 Jahren

Love this post so much. I couldn’t be where I am today if I didn’t leave my hometown… Now, 17 years later, I’m preparing to leave this home for what’s coming next. Complacency is the death of duty

Profilbild von Michael Sutyak
Michael Sutyakvor 2 Jahren

This is an extension of the adage that you are the average of the 5 people you spend the most time with. It's natural - you'll take on their beliefs, habits, actions and ultimately, outcomes.

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Young children show prestige bias; they are more likely to copy a model that adults regard as being higher social status- for example, their head-teacher rather than an equally familiar person of the same age and gender. Young children are “selective copiers.” They are more likely to imitate their head teacher rather than an equally familiar person of the same age and gender. They prefer to copy high-status people. Five-year-olds assume that an individual who imitates another person is relatively lower in status, suggesting they have an intuitive understanding that the person being copied has higher status. People in general—both children and adults—favor mimicking prestigious people compared to ordinary people. For most of human history, our ancestors looked around and copied whoever seemed to be doing something effectively. If a hunter or fisherman brought home huge catches, others took note. They imitated his methods. They imitated his tools. But just in case, they would also imitate his clothes. They imitated the little song he hummed while cleaning the spear he used. The logic was straightforward. If you can’t neatly separate what works from what doesn’t, you copy everything. As belief systems developed, people came to see skill and good fortune as signs of divine favor. If a fisherman was successful, maybe the gods had blessed him. So people treated anything connected to the successful person as a possible source of power. A tool, a piece of clothing, a personal habit. Any of it might hold some of the magic that led to his success.

Rob Henderson

21,438 Aufrufe • vor 2 Monaten

Instability appears to have a stronger effect on boys than girls. The psychologist Peter K. Jonason and his colleagues found that, among men but not women, childhood instability was associated with higher scores on the Dark Triad—a constellation of personality traits associated with aggression, short-term thinking, and disregard for others. By contrast, childhood socioeconomic status had no effect on these traits. The effects of instability are especially striking when it comes to gender. Harvard economist Raj Chetty—in a 2016 paper that focused on boys and girls born between 1980 and 1982 in the same, disadvantaged neighborhoods—discovered that, by the time they turned 30, the women had better economic and educational outcomes than the men. Moreover, while the gender gap in college attendance exists across the socioeconomic ladder, it is widest among the poor. In other words, among kids raised in rich families, girls are slightly more likely to attend college. But among children raised in poor families, girls are much more likely to attend college. The employment pattern is reversed for children raised in intact families. Among children raised by poor, married parents, boys are slightly less likely than girls to grow up to be unemployed. In other words: Single parenthood appears to be especially detrimental for boys, while having married parents is particularly advantageous. These findings are consistent with research led by University of Chicago economist Marianne Bertrand, who also found that, while all children suffer in broken families, boys really suffer. Bertrand’s study observed that boys raised by single parents are twice as likely to be suspended from school as a result of disruptive behavior than girls in the same circumstances—and that the gender gap narrowed considerably when kids grow up in intact families. “All other family structures appear detrimental to boys,” the study notes.

Rob Henderson

29,378 Aufrufe • vor 1 Jahr