It seldom happens, however, that a great proprietor is a great improver.

What did Adam Smith mean by:

It seldom happens, however, that a great proprietor is a great improver.

 Copy

This quote suggests that individuals who possess great wealth or property are not often the ones who make significant improvements or innovations. The underlying reasoning could be that such individuals may lack the motivation or necessity to innovate or improve, as they are already in a position of comfort or privilege. In contrast, those with less might be more driven to strive for improvements, as a means to better their circumstances.

In the context of personal development, this idea can be translated to mean that complacency can be a significant barrier to growth and improvement. When one is comfortable or content with their current situation, they may lack the drive to strive for improvement or to innovate. This can apply to various aspects of life, such as career, personal skills, or even relationships.

In today’s world, this concept is particularly relevant in the context of business and entrepreneurship. Large, established companies with significant market share and wealth may become complacent and slow to innovate. On the other hand, startups or smaller businesses, driven by the need to compete and establish themselves, can often be the source of significant innovation and improvement in their industries.

Moreover, this quote also highlights the importance of recognizing and challenging complacency, whether it’s in personal development or in a business context. It suggests that continuous improvement and innovation should be pursued, regardless of one’s current position or status.

Created with ❤️ | ©2024 Quotes Guide| Terms & Conditions | Privacy Policy | Disclaimer

 

Log in with your credentials

Forgot your details?