In today’s episode, I discuss Parkinson’s Law.
Norcote Parkinson wrote a book called Parkinson’s Law where he isolates some limitations of us all and particularly focuses in on the behavior of individuals within a group. In Parkinson’s Law he writes, “Work expands to meet the time envelope allowed.” Meaning if we have 5 days to complete a task, it will take us 5 days to complete the task. If we were allowed 30 days to complete the same task, we would take 30 days to complete the task.
Parkinson’s law also states that, “a luxury, once enjoyed, becomes a necessity” and “expenses rise equal to income” In a financial context, we can define Parkinson’s Law as: the more you earn, the more you spend. When our income increases, our expenses rise to meet or exceed that increase. We are always working against Parkinson’s Law.
Recommended Book:
Parkinson’s Law, and Other Studies in Administration by Cyril Northcote Parkinson
Subscribe To Our Weekly Newsletter:
The Wealth Dojo: https://subscribe.wealthdojo.
Download all the Niches Trilogy Books:
The 21 Best Cashflow Niches
Digital: https://www.cashflowninjaprograms.com/the-21-best-cashflow-niches-book
Audio: https://podcasters.spotify.com/pod/show/21-best-cashflow-niches
The 21 Most Unique Cashflow Niches
Digital: https://www.cashflowninjaprograms.com/the-21-most-unique-cashflow-niches
Audio: https://podcasters.spotify.com/pod/show/21-most-unique-niches
The 21 Best Cash Growth Niches
Digital: https://www.cashflowninjaprograms.com/the-21-best-cash-growth-niches
Audio: https://podcasters.spotify.com/pod/show/21-cash-growth-niches
Listen To Cashflow Ninja Podcasts:
Cashflow Ninja
https://podcasters.spotify.com/pod/show/cashflowninja
Cashflow Investing Secrets
https://podcasters.spotify.com/pod/show/cashflowinvestingsecrets
Cashflow Ninja Banking
https://podcasters.spotify.com/pod/show/cashflow-ninja-banking
Connect With Us:
Website: http://cashflowninja.com
Podcast: http://resetinvestingsecrets.com
Podcast: http://cashflowinvestingsecrets.com
Podcast: http://cashflowninjabanking.com
Substack: https://mclaubscher.substack.com/
Amazon Audible: https://a.co/d/1xfM1Vx
Amazon Audible: https://a.co/d/aGzudX0
Facebook: https://www.facebook.com/cashflowninja/
Twitter: https://twitter.com/mclaubscher
Instagram: https://www.instagram.com/thecashflowninja/
TikTok: https://www.tiktok.com/@cashflowninja
Linkedin: https://www.linkedin.com/in/mclaubscher/
Gab: https://gab.com/cashflowninja
Youtube: http://www.youtube.com/c/Cashflowninja
Rumble: https://rumble.com/c/c-329875
Share This
Related
872: Ryan Williamson: Rewriting The Mental Health Playbook
My guest in this episode is Dr. Ryan Williamson. He is the founder of Transcend Health, a pioneering mental wellness practice dedicated to helping individuals navigate the intersection of trauma, high performance, and personal transformation. With a strong foundation in science and deeply personal experiences, Dr. Williamson has built his career on a passion for…
871: Max Wright: What Comes Next For Bitcoin
My guest in this episode is Max Wright. Max is an entrepreneur, investor, educator, consultant and business owner in a number of different niches. Max’s has made a number of prophetic investment predictions including the advice to buy Bitcoin when it was only $11. Max shares what comes next for Bitcoin. Interview Links: Contrarian Dude…
870: Bret Morgan: How To Invest In Restaurants & Bars
My guest in this episode is Bret Morgan. Bret is an entrepreneur, software developer, and real estate investor based in Asbury Park, NJ. He provides strategic consulting to businesses looking to grow, innovate, and integrate traditional and digital business models. Bret is the founder of FRESH Markets, Monmouth County’s top destination for local farmers, makers…
