Internal Versus External Score Card

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Currently reading a new biography on Warren Buffet, “the Snowball.”  One exceptional piece of wisdom that is regarding the source of a person’s self-worth.  Many people have an external scorecard.  They look to others for affirmation.  Whereas people like Warren, more individualistic, tend to have an internal view, and approach things based on their own values, morality, and intellect. 

So which are you?  One simple test is to ask, “Would you rather be known as the world’s greatest lover, but in fact the worst?  Or would you be known as the worst, but in reality the best?” 

Externals tend to excel in people related professions such as politics, and have more active social lives.  In contrast, internals might be more analytical, and be able to identify great investments. 

The point is not whether one is better than another.  But rather better understand people’s motivation including our own.  As for myself, I rather be know as greatest lover both to the world & in the bedroom. ;)

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February 11, 2009

GeekMBA360 @ 1:14 am #

Love this post.

One of my biggest takeaway after reading Snow Ball is the importance of keeping inner score card. If there is one thing we could all learn from the current financial economy, it’s that we cannot rely on media, government, gurus, etc. We need to be able to think independently, and not be influenced by external forces.

I actually had made a post that talking about the same topic. You might find it interesting (http://www.geekmba360.com/?p=451).

cheers.

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