Old Money VS New Money
In the not-so-distant past, the archetype of success was almost invariably linked to an image of relentless grind, endless work hours and a lifestyle teetering on the brink of burnout. This was the era of 'old money' - a time when high achievers were often seen pushing their physical and mental boundaries to the extreme, fuelling their days with a cocktail of stimulants to keep going and depressants to wind down. It was a cycle that celebrated financial success at the expense of health, where the badge of honour was not just wealth, but the toll it took to acquire it.
A New Era of Success: Introducing the 'New Money' Mindset
Fast forward to today, and there's a palpable shift in the winds. The 'new money' generation—those who have observed the sacrifices of their predecessors—have decided to chart a different course. It's no longer just about financial success; it's about achieving it while also prioritising well-being and health. This isn't merely a trend; it's a fundamental change in how success is defined and pursued.
The Price of Old Money Success: Health Sacrificed for Wealth
The 'old money' approach often led to a sympathetic-dominant autonomic nervous system - a state where the body is constantly in 'fight or flight' mode. While this may have fuelled short-term achievements, the long-term costs were steep, manifesting in deteriorated health and well-being. High performers of the past often paid a hefty price for their success, sacrificing their physical and mental health for wealth and status.
Redefining High Performance: Well-Being as the New Wealth
Contrastingly, the 'new money' mindset embraces a more holistic view of success. It acknowledges that true high performance cannot be sustained without a foundation of strong physical and mental health. The new generation of achievers understands that taking care of the body and mind isn't just about preventing burnout; it's about enhancing performance in a sustainable way. This shift is not just anecdotal; it's becoming institutionalised.
From Burnout to Balance: The Shift in Modern Workplaces
Modern companies, perhaps influenced by the values of 'new money', are increasingly investing in the physical and mental wellness of their workplaces. They're recognising that to foster innovation, productivity, and, ultimately, financial success, they must create environments that support the holistic well-being of their employees. This includes bringing in experts to guide them on the best practices for maintaining and enhancing workplace wellness. These initiatives are a testament to the evolving definition of what it means to be truly successful.
The Corporate Wellness Revolution: Companies Embrace a Holistic Approach
This transformation is not without its challenges. Shifting from the 'old money' ethos requires a reevaluation of deeply ingrained beliefs about work, success, and well-being. Yet, the growing body of evidence supporting the benefits of this new approach is compelling. Companies that prioritise the health and well-being of their employees are not just doing good; they're doing well, often outperforming their 'old money' counterparts in terms of innovation, employee satisfaction and even financial metrics.
The Sustainable Success Formula: Merging Wealth with Well-Being
In conclusion, the difference between 'old money' and 'new money' is stark and significant. It's a reflection of a broader societal shift towards a more sustainable, holistic view of success—one that values well-being as much as wealth. As this new paradigm continues to gain traction, it promises not just healthier high performers but also more resilient, innovative and successful companies. The 'new money' approach may well be the blueprint for the future of success, where wealth and well-being go hand in hand.
VOKE
We are revolutionising the way health is seen at home and in the workplace. The 'new money' mentality is heading in the right direction but it requires more focus and direction. Our clients often find that by leading the way with their own health and wellness, their relevant organisations follow suit. This is a common scenario for anyone in a leadership position. Our concierge service acts as the facilitator for those individuals and their health and wellness. With VOKE at your side as your trusted advisor, not only will you experience all of the benefits 'new money' is focussing on but you can also expect to positively impact your workplace and household.
To enquire about working with us, email the enquiries team here - enquiries@vokeconcierge.com
