EP133: What the Heck is Extrinsic and Intrinsic Motivation?

Welcome back to another interesting episode of the Digible Dudes podcast. This week’s episode is all about motivation. Throughout the conversation, David and Reid talk about phases of motivation, consistency, having a purpose, adapting to changes, and more.

The desire for change, either in oneself or in one’s surroundings, is known as motivation. Starting the conversation, Reid explains the three phases of motivation according to the book ‘Drive’ by Daniel H. Pink: survival, extrinsic, and intrinsic.

Are you extrinsically or intrinsically motivated? According to Reid, he was not intrinsically motivated at first until he became good enough to provide for his family. For David, it’s intrinsic from the beginning and about doing interesting things. We further dive into why most companies are motivating extrinsically out there and how they avoid finding out about themselves.

Setting up your priorities as leaders is important because your employees will learn how to be smart and make their time worthwhile at the workplace. Sometimes setting priorities feels like being disrespectful, but once they understand what’s necessary, the transition is going to be successful.

Sometimes constant change ruins the momentum. There has to be a certain level of consistency in order to become successful as a company. But, sometimes, the new trends make it so difficult not to change. Wrapping up the conversation, Reid shares his idea of finding the balance between constant change and staying consistent.

[02.24] Phases of motivation – Starting the conversation, Reid defines the three phases of motivation.

[10.52] Salary increase – We talk about the salary increase of Digible’s employees by 10% at the end of the year as intrinsic motivation.

[17.32] Intrinsic or extrinsic – David and Reid explain why they are intrinsically motivated by Digible.

[23.30] Demotivator – We discuss why people get demotivated when they are told what to do and what role autonomy plays in motivating people.

[29.48] Consistency – We talk about the importance of setting up priorities in the workplace.

[34.49] Purpose – Having a purpose makes you motivated. We talk about building purpose among the employees.

[44.42] Introducing change – Reid explains why a company needs to have a certain amount of consistency to be successful.

Resources

Book by Jack Stack, Bo
Burlingham

The Great Game of
Business: Unlocking the Power and Profitability of Open-Book Management

goodreads.com/en/book/show/138298

Books by Daniel H. Pink

The Power of Regret: How
Looking Backward Moves Us Forward

goodreads.com/en/book/show/58446721

Drive: The Surprising
Truth About What Motivates Us

goodreads.com/en/book/show/6452796

Test. Discover. Transform.

World-class support to help your multifamily property work smarter.

Show Me How To...

Contact Us
Show me how to....