4min snip

The Examined Life cover image

What makes money so emotional? [Joe Hudson]

The Examined Life

NOTE

Exploring the Emotional Relationship with Money and Authority

The emotional reaction to a story about a man at Sequoia making billions after investing his own money sparked a realization about the deep emotional attachment to money. It was noted that many people project their early authority issues onto money, with money becoming a surrogate for parental love. Consequently, different people have different projections onto money, leading to submissive or clashing behaviors in financial dealings. The concept of reporting to a team instead of a single authority figure was proposed as a way to minimize projection issues, fostering a sense of accountability to the team rather than an individual. This approach was seen as a means of promoting cleaner and more effective interactions within organizations.

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