Currently I am reading “The Snowball: Warren Buffett and the Business of Life.”  It is a fantastic read so far (I’m only 33 pages in though).  A quote from Buffett made me think today:

The big question about how people behave is whether they’ve go an Inner Scorecard or an Outer Scorecard.  It helps if you can be satisfied with an Inner Scorecard.  I always pose it this way…’If the world couldn’t see your results, would you rather be thought of as the world’s greatest investor but in realty have the world’s worst record?  Or be thought of as the world’s worst investor when you were actually the best?’

In teaching your kids, I think the lesson they’re learning at a very, very early age is what their parents put the emphasis on.  If all the emphasis is on what world’s going to think about you, forgetting about how you really behave, you’ll wind up with an Outer Scorecard.