Optimal Living Daily - Personal Development and Self-Improvement 2514: Lack of Intrinsic Motivation Will Destroy Your Early Retirement by Jacob Lund Fisker
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Oct 9, 2022 AI Snips
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Intrinsic vs Extrinsic Motivation
- Intrinsic motivation drives actions done for their own sake without external rewards.
- Extrinsic motivation arises from external rewards like money or approval and can diminish intrinsic drive.
Rewards Reduce Intrinsic Drive
- Rewards can reduce intrinsic motivation by associating activities with external incentives.
- A child's free play reduces if given rewards, showing intrinsic motivation turns extrinsic.
Adult Extrinsic Motivation Risks
- Adults often become extrinsically motivated and dependent on others to assign tasks.
- Without intrinsic motivation, early retirement can feel boring and meaningless.