Excerpt from a YouTube talk (creator: Cameron Herold) arguing that money can be a useful motivator in certain circumstances but often is not; placing emphasis on intrinsic motivation — people pursuing the "fullest version of themselves," a personal vision or destiny — as a deeper reason why people show up and persist beyond financial reward.
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And there are some very interesting studies about money's effect on that in particular and in certain circumstances money is a very useful motivator but in most circumstances it's not. Yeah, it is not because it actually it puts a monetary value on something Oftentimes that's valued there's a higher order value. So people are willing to make an economic payoff on something that they see as being like, oh well, there's these other things I value more. So what are those other things? Well, typically they're about like people pursuing the fullest version of themselves. Like that's what it kind of comes back to. We all have some destiny we're after on our vision of who we want to be and so I think of that as intrinsic motivation. Like that is somebody's intrinsic motivation for why they showed up every. Why did they end up here in the first place? You can get paid a thousand ways. Why are you here? What's that about for you?