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July 4th, 2015

Powerful Research Supporting the Empowered Wealth Concept "True Wealth"

By Ron Nakamoto

“The researchers found that if any of the three extrinsic aspirations—for money, fame, or beauty—was very high for an individual relative to the three intrinsic aspirations, the individual was also more likely to display poorer mental health. For example, having an unusually strong aspiration for material success was associated with narcissism, anxiety, depression, and poorer social functioning as rated by a trained clinical psychologist…

In contrast, strong aspirations for any of the intrinsic goals—meaningful relationships, personal growth, and community contributions—were positively associated with well-being. People who strongly desired to contribute to their community, for example, had more vitality and higher self-esteem. When people organize their behavior in terms of intrinsic strivings (relative to extrinsic strivings) they seem more content—they feel better about who they are and display more evidence of psychological health.” – Edward Deci

Brian Johnson's video below reviews the book "Why We Do What We Do" by Edward Deci. After watching the video and reading the quote above by Edward Deci, I had a sense of understanding and satisfaction, knowing that the Empowered Wealth concept of "True Wealth", emphasizes intrinsic motivators (i.e., Core (family, health, faith, close relationships), Experience (personal growth, learning, wisdom), and Contribution (giving, contributing to the well-being of family, friends, community, and organizations). Brian Johnson says, that there's nothing wrong with seeking wealth as long as it's a byproduct of intrinsic drives. From an Empowered Wealth perspective, financial wealth viewed as a resource, potentially fuels True Wealth.

Edward Deci's work suggests to me that there's research that validates our approach.

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