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Home > Financial Quotes > Motivation

Financial Quotes

Motivation Quotes

  • "It is possible to steer people towards better decisions by presenting choices in different ways … Research into why people did not take up financial incentives to reduce energy consumption by insulating their homes found one possibility was the hassle of clearing out the attic. A nudge was designed whereby insulation firms would offer to clear the loft, dispose of unwanted items, and return the rest after insulating it. This example of what behavioural economists call “goal substitution”—replacing lower energy use with cleaning out the attic—led to a threefold increase in take-up of an insulation grant."
    Anonymous
    Source: Economist (London) (March 24, 2012)
  • "What humans want is not just happiness … if that were all people were interested in, we should have been extinguished a long time ago."
    Martin Seligman (1942–), US psychologist and author
    Source: Interviewed in Psychologies (April 2011)
  • "The bonus system has proved to be wrong. Substantial cash bonuses do not reward the right kind of behaviour."
    Andy Hornby (1967–), British former CEO of HBOS bank
    Source: Speaking before the Treasury Select Committee (February 10, 2009)
  • "The man who does not work for the love of work but only for money is not likely to make money nor find much fun in life."
    Charles M. Schwab (18621939), US industrialist
    Source: Quoted in The Best Damn Book About The Profession of Selling. Period! (Howard B. Rutstein, 2006)
  • "Success is not the result of spontaneous combustion. You must set yourself on fire."
    Reggie Leach (1950–), Canadian ice-hockey player
    Source: Quoted in Wisdom for the Soul (Larry Chang, 2006)
  • "The world is full of people who are waiting for someone to come along and motivate them to be the kind of people they wish they could be. The problem is that no one is coming to the rescue."
    Brian Tracy (1944–), Canadian businessman, author, and motivational speaker
    Source: Eat That Frog (2002)
  • "You cannot motivate the best people with money. Money is just a way to keep score. The best people in any field are motivated by passion."
    Eric S. Raymond (1957–), US computer programmer and hacker
    Source: Interview, Fast Company (1999)
  • "Every day I get up and look through the Forbes list of the richest people in America. If I'm not there, I go to work."
    Robert Orben (1927–), US writer
    Source: Quoted in The Winning Manager (Julius E. Eitington, 1997)
  • "Forget socialism, capitalism, just-in-time deliveries, salary surveys, and the rest … concentrate on building organizations that accomplish that most difficult of all challenges: to make people look forward to coming to work in the morning."
    Ricardo Semler (1959–), Brazilian business executive and president of Semco
    Source: Maverick! (1993)
  • "Make people believe that what they think and do is important—and then get out of their way while they do it."
    Jack Welch (1935–), US former CEO and chairman of General Electric
    Source: Quoted in Teaching the Elephant to Dance (James A. Belasco, 1990)
  • "I do not love the money. What I do love is the getting of it … What other interest can you suggest to me? I do not read. I do not take part in politics. What can I do?"
    Philip D. Armour (18321901), US business executive
    Source: Quoted in Forbes (October 26, 1987)
  • "The common wisdom is that … managers have to learn to motivate people. Nonsense. Employees bring their own motivation."
    Tom Peters (1942–), US management consultant and author
    Source: A Passion for Excellence (cowritten with Nancy Austin, 1985)
  • "I can charge a man's battery and then recharge it again. But it is only when he has his own generator that we can talk about motivation. He then needs no outside stimulation. He wants to do it."
    Frederick Herzberg (19232000), US psychologist
    Source: Harvard Business Review (January–February 1968)
  • "A reward once given becomes a right."
    Frederick Herzberg (19232000), US psychologist
    Source: The Motivation to Work (1959)
  • "A man always has two reasons for what he does—a good one and the real one."
    J. P. Morgan (18371913), US financier
    Source: Quoted in Roosevelt: The Story of a Friendship (Owen Wister, 1930)

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