The Hedonic Treadmill
Published: Sun, 02/06/22
,
$690.
That was the monthly wage offered by my first job in the real world.
And from the first day on the first job I wanted more.
Next job up the ladder paid more?
I applied.
Different sector of financial services paid more?
I switched sectors.
Distribution pays better than retail?
I'm moving to distribution.
Firm B pays better basis points than Firm A.
I'll take the leap.
Until one day, the insatiable urge to make more intersects with the realization that, at some point, our happiness stays stationary, despite our best efforts to advance it through, in this example, money.
Welcome to The Hedonic Treadmill.
Our wholesaling careers afford us so much - and the never ending quest for additional dollars can simply leave us out of breath, and in the same place that we started.
Read: Four Things Wholesalers Can Do Today To Survive The Next Recession/Market Downturn
One last thing: Our business partners in our Wholesaler Masterminds® Schedulers division have been doing good things in the community. Their press release reads, in part:
"Milrich Virtual Professionals, LLC (MVP) started partnering with the Commonwealth of Virginia Department for the Blind and Vision Impaired in June of 2021. Since that time, we have hired multiple employees referred from their organization to work as Schedulers. Their commitment to their clients, and to the quality of their work, has been unparalleled. We feel fortunate to be able to provide these employees an environment where they can easily and efficiently perform their work at a high level. Based on this success, MVP has been referred to other states' programs and we anticipate branching out to all of the states in which MVP operates."
Congratulations to the MVP team!
Rob
$690.
That was the monthly wage offered by my first job in the real world.
And from the first day on the first job I wanted more.
Next job up the ladder paid more?
I applied.
Different sector of financial services paid more?
I switched sectors.
Distribution pays better than retail?
I'm moving to distribution.
Firm B pays better basis points than Firm A.
I'll take the leap.
Until one day, the insatiable urge to make more intersects with the realization that, at some point, our happiness stays stationary, despite our best efforts to advance it through, in this example, money.
Welcome to The Hedonic Treadmill.
Our wholesaling careers afford us so much - and the never ending quest for additional dollars can simply leave us out of breath, and in the same place that we started.
Read: Four Things Wholesalers Can Do Today To Survive The Next Recession/Market Downturn
One last thing: Our business partners in our Wholesaler Masterminds® Schedulers division have been doing good things in the community. Their press release reads, in part:
"Milrich Virtual Professionals, LLC (MVP) started partnering with the Commonwealth of Virginia Department for the Blind and Vision Impaired in June of 2021. Since that time, we have hired multiple employees referred from their organization to work as Schedulers. Their commitment to their clients, and to the quality of their work, has been unparalleled. We feel fortunate to be able to provide these employees an environment where they can easily and efficiently perform their work at a high level. Based on this success, MVP has been referred to other states' programs and we anticipate branching out to all of the states in which MVP operates."
Congratulations to the MVP team!
Rob