Conversation with Adam Grant — Honing Your Potential and Building Strong Character Traits

2 Nov 2023 · 59 min

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The Prof G Pod with Scott Galloway - Episode Summary

Episode Title

Conversation with Adam Grant — Honing Your Potential and Building Strong Character Traits

Overview In this episode, Scott Galloway engages with Adam Grant, a professor at the Wharton School and bestselling author, to discuss his latest book, *Hidden Potential: The Science of Achieving Greater Things*. The conversation covers a range of topics including the importance of character traits, the nature of potential, and current events impacting the business and tech worlds.

Key Highlights

Opening Remarks by Scott Galloway

  • White House Visit: Scott shares his excitement about attending an AI summit at the White House, expressing admiration for the impressive people he met there, including a deputy undersecretary for the Department of Energy.
  • Current Issues: Scott briefly discusses Twitter's declining valuation, Meta's new subscription service in the EU, and Goldman Sachs' AI investment projections.

Adam Grant's Insights

  • Hidden Potential: Adam discusses the concept that natural talent determines starting points, but character skills dictate how far someone can go. He emphasizes that potential is not about where you start but how far you can travel.
  • Character Skills:
  • Essential Skills: Discipline, determination, proactivity, and pro-social behaviors are crucial for success.
  • Advanced Skills: The ability to embrace discomfort, filter constructive criticism, and accept imperfections are vital for growth.
  • Recognizing Hidden Potential:
  • Interviews and Assessments: Adam highlights innovative hiring practices (e.g., a do-over in interviews to gauge improvement) as a way to identify candidates' hidden potential.
  • Past Experience vs. Future Performance: He argues that prior credentials and experience are poor predictors of future success; character skills matter more.
  • Philosophical Discussion on Free Will:
  • Adam critiques the idea of determinism, arguing that while external forces influence decisions, individuals still have the power to shape their destinies.

Practical Applications

  • Interleaving Skills: Adam explains that alternating between different tasks or skills can enhance learning and performance, countering the common belief that repetition leads to mastery.
  • Rethinking Promotions: He advocates for dual promotion tracks in organizations, allowing high-performing individual contributors to advance without requiring them to take on management roles.

Relationships and Parenting

  • Imposter Syndrome: Adam shares that experiencing imposter feelings can be motivating; recognizing this can help individuals strive to meet others' expectations.
  • Successful Partnerships: Weekly meetings with partners can improve communication and relationship health by allowing for clear expression of needs and expectations.
  • Parenting Insights: Grant emphasizes that children need to feel they matter and that they can make a difference, which can be fostered by seeking their advice in challenges.

Conclusion Scott and Adam's conversation intertwines personal anecdotes with research-backed insights, highlighting the significance of character traits in achieving one’s potential. They navigate through various themes such as the importance of supportive relationships, the dynamics of workplace promotions, and the evolving role of leadership in contemporary society.

Key Takeaways

  • Potential is about growth, not initial talent.
  • Character traits like determination and discipline are crucial for success.
  • Innovative hiring practices can reveal hidden potential.
  • Recognizing and combating imposter syndrome can lead to better performance.
  • Weekly check-ins in partnerships can enhance relationship health.

Additional Resources

  • Adam Grant's new book: *Hidden Potential: The Science of Achieving Greater Things*.
  • Previous episodes of The Prof G Pod covering diverse themes and topics.

Contact Information

To get in touch with the podcast, email

officehours@profgmedia.com.

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Transcript

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0:00Rinse takes your laundry and hand delivers it to your door. expertly cleaned and folded so you could take the time once spent folding and sorting and waiting to finally pursue a whole new version of you like tea time you or this tea time you or even this tea time you said you hear about Dave or even tea time tea time tea time you so update on Dave it's up to you we'll take the laundry rinse it's time to be great AI agents are getting pretty impressive You might not even realize you're listening to one right now. We work 24-7 to resolve customer inquiries. No hold music, no canned answers, no frustration.

0:42Visit Sierra.ai to learn more. Episode 274. 274 Sierra Code belonging to the northeastern parts of Wisconsin. In 1974, the Rubik's Cube was invented, and Richard Nixon became the first U.S. president to resign as a result of the Watergate scandal. True story. I told my boys if they get a tattoo, they need to get it somewhere where it doesn't matter. So they got them in Wisconsin. Go, go, go!

1:19Welcome to the 274th episode of the Prop G-Pod. In today's episode, we speak with my nemesis, my Luke, my Lex, is it Lex, my Lex Luthor? That's right. My krypton to my excellencies. And the reality is he doesn't see me as his nemesis. I'm like a gnat hitting the windshield of his academic excellence. People have, no joke, mistaken me. I once got booked on MSNBC and they brought me on and they were prepping me. And I was in the makeup room and the producer came in and said, we're just thrilled to have you. And she's like, I went to Penn. And I'm like, OK, she went to Penn. Why is she talking about it?

1:52And then it dawned on me. They thought they thought they had booked Adam Grant. And I didn't know how to break it to them, but you realize I'm not Adam Grant. Anyways, we discuss with Adam his latest book, Hidden Potential, The Science of Achieving Greater Things. Well, smell you, Adam. Okay, what's happening? I was at the White House. That's right. Who let the dog in? I have never been to the White House, so I was very excited. And we were there. I went there with Kara Swisher. I actually have another podcast, which you may not know about. It's not important. It doesn't do very well. But anyways, my co-host there is a lady named Kara Swisher.

2:36And Kara found out I was going to the White House and somehow got herself invited. And we went. And it was just a ton of fun. It was some observations about Washington and the White House. The first is there is a lot going on at the White House. The White House is every tech bro's dream of people working 18 hours a day and doing nothing but working. There's people just running around everywhere and very busy, very productive. There are a lot of people with guns. That's another thing I noticed. There's an incredible firepower. There are all these young, ripped men and women with all manner of guns and bulletproof vests, which I thought was kind of cool.

3:15It felt like kind of badass. And the other thing that really struck me is how just incredibly impressive the people were. I was there for the AI summit and this lovely woman next to me introduced herself. And it ends up she's the deputy undersecretary for the Department of Energy. And I'm like, wow, what are you doing? She's like, well, amongst other things, we oversee the world's most powerful supercomputers and we're providing input into AI. And it was clear within about 10 seconds of talking to this individual, she was crazy, crazy smart. And it ends up she's a chemist and her name is Geraldine Richmond.

3:49She's from the University of Oregon and has this incredibly distinguished career as a chemist. And it just amazes me that our government is able to comb the four corners of the earth and find these incredibly impressive people. Anyways, the government in D.C. is just super inspiring. And it was just a ton of fun to be at the White House. Okay. Anyways, let's talk about the new executive order that outlines how the U.S. can be the leader or continue to be the leader in AI, all while reigning in this technology's potential harm. I mean, when you really think about it, it's just exceptional. An entirely new technology, you know, 10 countries making multi-billion, if not trillion-dollar investments in technology.

4:35And what do you know? The people who come up with the gangster or kind of own the new gangster technology and capture the majority of its value are not only in America, not only in California, but in about a seven-mile radius of SFO. Oh, it's just a man. I don't care if it's NVIDIA or Anthropic. I think Anthropic is in the Bay Area, is it? Hmm. Hmm. Hmm. Hmm. I want to hear my imitation of Dr. Evil. How about no? That's good. How about no? Anyways, this extensive order, if you open the administration, is requiring that AI developers submit their safety test results to the government to ensure their products are not making alarming things like biological or nuclear weapons.

5:13See, I'm kind of on board with that. I'm kind of on board with somebody who, you know, kind of just ensuring they're not making biological or nuclear weapons. And the government can demand this type of order under the Defense Production Act. The Defense Production Act is a Cold War era law that gives the president power to control domestic industries, specifically in the interest of national defense. Makes sense to me. The executive order around AI also outlined several other measures around civil rights, consumer protection, scientific research and worker rights. So Goldman Sachs estimates that AI investment could reach$100 billion in the U.S.

5:47and$200 billion globally by 2025. Bloomberg reported that at least 25 U.S. states considered AI-related legislation in 2023 and 15 have already passed laws or resolutions. This sweeping order comes about a month after Congress brought tech leaders including Bill Gates, England Musk, Mark Zuckerberg, Sundar Pichai, Sachin Nadella, and Sam Altman down to D.C. to discuss guardrails around AI. So the market is obviously inspired by AI. I would argue the majority of the gains in the S &P and the NASDAQ have been AI inspired. Not necessarily that AI is having that much impact already, but people believe that Microsoft and NVIDIA and Netflix and Meta are going to continue to register enormous upside from AI technology.

6:27Also, what should we talk about? What else is going on? I know. Let's talk about me. I was on Bill Maher on Friday, and I did not enjoy it. This is my fourth time. Fourth time? Fourth time. I'm trusting the fifth time I get access to some sort of special steam room and a jacket. I did not enjoy it as much this time. One, I get increasingly nervous. I'm always nervous about going on the show, but this week it just sort of was in my head way too much. And this week was a weird week. They had Governor Andrew Cuomo on as the kind of initial interview. And he came out there with one of his deputies, which was sort of awkward.

7:02There was two of them. I do not envy the producer that had to thread that impossible needle. of not being an apologist for Governor Cuomo, but obviously giving him some space to explain himself and give him some running room while offering pointed questions. I think if actually if you look at the interview, I think Bill actually puts on a masterclass around how to thread that needle. I think he's just, for lack of a better word, I just think he's such a pro. But because it went long, the actual panel interview I was on with Jessica Tarloff, who's kind of the sane gangster on The Five on Fox, who's fantastic.

7:36I think she's a star. I think she's going to have her own show soon. And she's, you know, just super smart and lovely. And I got to meet her and her husband, which was really nice. But the panel was cut short. So we didn't really get a chance to get into anything. But also the overtime session was with the governor and his aide. And we were talking about everything from Israel to deaths in nursing homes. And I'm sitting there thinking, Jesus Christ, I'm a marketing professor. Can we talk about TikTok or something? It was just so heavy and fraught with so many, like one false move and you cancel yourself for the rest of your life.

8:10Anyway, so that was Bill Maher for me. Poor me. Poor me. But the good news is soon after I put on a Deadpool costume and I went to this great Casamigos party. I'm now at the point where I'm not cool or famous enough to be invited to cool parties for being cool or famous. I get invited as sort of the diversity invite. They're like, oh, yeah, it makes it interesting to invite kind of a lame professor. And I just have a great time because I love to drink and I love hanging around hot people. Who wouldn't? Who wouldn't? L.A. for the weekend, Beverly Hills Hotel, which I absolutely love. I absolutely love.

8:43Yeah, am I rubbing my privilege in your face? A little bit. But you know what? I spent most of my life with no money. So it's just so much fucking fun to have it, quite frankly, and spend it at the counter, which is the best breakfast spot in the world. Anyway, I absolutely love it there. Great weekend. and then talk about a contrast to go to the White House was fantastic. All right, enough about Scott. Sorry about that. You have to pay the Scott tax when you listen to Prop G. What else is going on? X is supposedly worth less than X. Fuck X. Twitter. It's Twitter. Twitter is worth less than half of what Elon paid for a year ago.

9:17Employees were given equity in the company at a valuation of$19 million or$45 a share. So first off, that's total bullshit. Its equity value has declined by 100%. And just a quick lesson in cap structure, a company typically has debt and then equity. So Twitter has$13 billion in debt. They borrowed, or he borrowed$13 billion in what was the largest impulse purchase in history to finance this$45 billion acquisition of Twitter. So imagine you buy a house and you borrow$100 ,000 to buy the house and the house is worth$150 ,000. That means you have$100 ,000 in debt and$50 ,000 in equity. And if the company becomes worth$100 ,000 or the house becomes worth$100 ,000, you lose all of your equity because like, well, you still owe the$100 ,000.

10:03So the equity has been wiped out. So equity is kind of the tail of the whip here. And the way you look at this is you look at is the company worth more than the debt? If the company is not worth more than the debt, then the equity value is zero. And in this instance, they're talking about finally J.P. Morgan. Is it J.P. Morgan or Morgan Stanley, Barclays and B of A? I don't think JP Morgan is in this one, still holds the$13 billion in paper. In other words, they have an obligation from Twitter. They say, all right, Twitter, you owe us$13 billion. We owe the paper. We own the bonds, if you will.

10:35And at some point, as investment banks are not in the storage business, they're in the moving business, they have to sell this debt to the market. Now, the reason they haven't done that yet is interest rates accelerated so fast that the debt on Twitter that they managed to raise money offering a 12 % coupon in exchange for loaning Twitter this money. Interest rates have skyrocketed, meaning that 12 % premium on a company or that 12 % coupon on a company that's this risky and has seen such a massive implosion in revenues would no longer satisfy the market. So the bonds trade down in value. You're not getting$12 on$100.

11:11on$100, you'd get$12 on 75. Bonds were$75, meaning that you are getting an annual coupon of, I don't know what that would be, 16 or 18%. So these bonds are trading for less than what Morgan Stanley paid for them. And so essentially, when they sell these bonds, they're going to have to take or cure the loss. Meaning if they sell them for 70 cents on the dollar and they have $13 billion with these bonds, they're going to lose 30 % of$13 billion, or they'll lose, what is that,$3.9 billion, and they'll have to take that loss in their next earnings. And they've been avoiding that, hoping that the market comes back.

11:47But at some point, they got to get this shit off of their books, see above, not in the storage business, in the moving business. Now, if those bonds go out for less than 100 cents on the dollar, which they will, it kind of implies that there's no equity value. And the question is, is this thing worth$13 billion. And I would argue it isn't. What is Twitter? Twitter is unprecedented. I would challenge you to come up with any company doing more than$5 billion a year, which Twitter was. It was doing, I think, about$5 or$5.5 billion a year, that registers a 50-plus percent decline in revenues within six months, which is what happened to Twitter.

12:25They're claiming it's 55. I bet they're lying again, and it's more like 60 or 70, and not during wartime. I've just never heard of that. What's the lesson here? Understand the cap structure. If you're buying a stock, the most basic kind of valuation or financial literacy you need to do when you're looking at the value of the company is you look at the debt plus equity minus the cash. If you have cash, you take that off of the enterprise value. Anyways, little basic finance valuation 101 from the dog. All right, what else? Meta launched a subscription service in the EU. Starting in November, users can pay 10 euros per month on the web or 13 euros a month on iOS and Android to get an ad-free experience.

13:04The subscription service in the EU, it's only available to people 18 and older. That's a good idea. We should age-gate all social media. And it's an attempt to address European regulars' concerns over the firm's ad targeting and data collection practices. In other words, it's getting so hard to advertise. They're like, let's go subscription. Meta also says it's pausing ads routines in the EU as they roll out the subscription. I think that's a great idea. I love subscription businesses just because of valuation metrics that if you do$100 million in subscription revenue, you get valued at$600 or$800 million.

13:35If you do$100 million in ad revenue, you're going to get valued at$200 to$300 million. Why? When you have a recession, your advertising revenue goes down by 40%, but your subscription revenue typically goes down three, five, maybe 10%. Look at what happened with the writer's strike. The ad-supported guys, fucked, right? The advertisers are like, well, if it's not a new Jimmy Kimmel, or you're putting in some dumb reality show that's non-union, we're just not going to advertise. Netflix grows its subscribers, grows its subscribers. And also, Meta, I hate to say it, is arguably the best managed company in tech, or one of them.

14:13It's last quarter just blew my mind, Literally blew my mind. Okay. Okay. Why? Why? Because they grew their revenues 24 % while reducing costs 7%. I've never seen that before. I've never seen on a company of this size that does whatever they do, 70 or 80 billion a year. I've never seen a company grow its revenues of this size, 23 % or 24%, while reducing costs. This company, no doubt, is one of the best managed companies right now. Now, unfortunately, it stocks at$300. Let's look at the one-year returns. Oh, my God, the internet. It's up 222 % over the last 12 months. I mean, it was at, this blows me.

15:05It was at$88 a year ago. Now it's at 300. Jesus Christ couldn't happen to more a mendacious group of fuckeries than Meta. But you have to acknowledge this company is incredibly well managed. Move to subscription avoids some of the advertising concerns. And if they can establish a revenue stream that subscription that's growing even faster than the core advertising business, you're going to see multiple expansion. Again, the way you improve your stock price is, well, there's a lot of ways, right? You're perceived as something AI. But generally speaking, it's either going to be a function of an earnings increase or a multiple expansion.

15:39And over the last 10 years, we've seen both in the S &P. We've seen both an increase in earnings and probably even more so a multiple expansion. Is that right? Is there a multiple expansion? Anyways, I'm sticking with it. But there's no denying this company puts on a masterclass around management. I love subscription businesses. Why? Why? why we want to be in relationships when we know what we're expecting. You don't want to wake up and think, who am I waking up with this morning? Unless it's early in the relationship. That's kind of fun. That's a little sauce. Oh my God, she's crazy. That's good in the short run.

16:09That's good in the short run. Not in the medium or the long term. You want to make sure, ideally, you want to be in a partnership where you're sort of fresh out of crazy a lot. Like, let's go into the crazy cupboard. Oh, the shelves are pretty barren. That is the basis of a good relationship. Drama Drama is fun for a little bit. And if you enjoy drama, there's something wrong with you. Anyways, I've always brought that to my friendships and my relationships. I am fairly low drama. I take it all inward and I fight amongst myself and get depressed, but I'm very low drama as it relates to other entities.

16:39Except when I'm checking into a hotel. If they can't give me the wireless code really quickly, if I get upstairs and I don't know where anything is, I create a lot of drama. So it probably means I'm an asshole. Anyways, we want consistent expectations in the marketplace. We don't want to be in a relationship with a bipolar stock. We want to know what we're waking up with. And subscription revenues just kind of smooth out the bumps. And the market just absolutely loves them. It's easier to predict cash flows. And then you can plan your CapEx better, generally more sticky. No one cancels their Netflix or Amazon Prime subscription.

17:11That means your credit card is expired. But Meta, going to be very interesting to see if this gets any traction. If it does, if it does, look for them to constantly talk about it in their earnings calls because they'll register that wonderful multiple expansion that companies like Netflix and to a lesser extent Amazon Prime get because a big part of their revenue is recurring revenue. Recurring revenue. We want to be in relationships with people and companies that are low drama. We'll be right back for our conversation with Adam Grant.

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18:53Welcome back. Here's our conversation with Adam Grant, an organizational psychologist and professor at the Wharton School and a bestselling author of several books, including his latest, Hidden Potential. Adam Grant, my nemesis. So I had a story about this. Look at you shaking your head. Hold on, I got to give you the story. I was on, I think it was MSNBC. Anyways, they go, So the producer, the scheduling producer, who looked at about 14, came up to me and said, we're so glad to finally get you on the show. And we just love your work. And also, I went to Penn. And I'm like, OK. And then it became slowly obvious to me that they thought they had invited you on the show.

19:29And I had to say, you realize I'm Scott Galloway and I teach at NYU Stern. I'm not the I'm not the org guy from Wharton. And you just saw their faces sink in disappointment. So I have been mistaken for you. People think they're getting you when they get me. Anyways, Adam Grant, good to see you. Likewise, Scott. I'm really sorry. I had nothing to do with that. Yeah, yeah. No, I'm literally, I'm kind of, you and I have spoken on the same stage together, and I think they always put you behind me because they don't want to, they're like, okay, we can't have Scott follow that guy. Anyways, let's bust right into it.

20:08You have a new book out, Hidden Potential, The Science of Achieving Greater Things, And in it, you write, if natural talent determines where people start, learn character affects how far they go. But character skills aren't always immediately apparent. So let's start there. How should we be better thinking about talent and potential? Well, I think the mistake that a lot of people make is they judge potential by where people start. So if you look like a natural, you're destined for great things. If you're a prodigy, the ceiling is extremely high. If you struggle at first, if you fail, if you seem like you lack capability, then we start to question you.

20:49And we do this to ourselves, too, which is why so many people end up feeling like either imposters or underdogs. And I think that's a huge mistake because potential is not about where you begin. It's about how far you can travel. What are some of the character skills that you think are most under and overrated? Well, I think, I mean, the basics are kindergarten skills, right? So when you study, what are the character skills that you actually learn in kindergarten that matter for your adult success? You find that kids who learn to be disciplined, determined, proactive, and pro-social do better.

21:23And for me, that's kind of table stakes. Those are pretty obvious. We know those skills matter. What I got curious about is what are the more sophisticated applications of those skills? And so I guess I've started to break them down into a few categories. You know, when I think about adult character skills, the ones that we need to learn to continue growing and reaching our potential, I think we need determination to seek out and embrace discomfort. We need to be proactive in being sponges. And by that, I mean we need to not only absorb information that will help us improve, but we also need to filter out criticism and maybe some pieces of data that won't benefit us.

22:03And then finally, we need the discipline to accept the right imperfections as opposed to trying to ace everything. And what are the core signs that someone has hidden potential? Like, how do you recognize what might be a hidden potential within someone? Well, where do you want to do this? Should we think about job interviews, betting on a founder, college admissions? All of that. Let's take you to those. All of the above. All right, let's start with job interviews. So my favorite example that I've seen is a call center called Kal Yachol. The founder, Guy Winch, is a fellow organizational psychologist, and he decided years ago that he was going to hire people with disabilities.

22:45So he started hiring people who are neurodivergent. He hired people who are blind and deaf. And he knew that he had to do something different in order to see their hidden potential in a job interview because they were so often underestimated and overlooked by society. So what he did was he said at the end of the interview, I'm going to ask them how they thought it went. And then if they weren't happy with it, I'm going to give them a do-over. And I thought what was brilliant about that is that it's actually the change from the first interview to the second that shows us somebody's potential to grow.

23:19When you improve dramatically, when you get that second effort, that's a sign that you have strong motivation and ability to learn. And I think that's what we should be looking for. So Scott, this tracks with the science for me. I think the research says pretty clearly past experience is a terrible predictor of future performance. You might have had the same year of experience on a job 20 times. That doesn't tell us a whole lot about your capacity to learn a job. That evidence also says that prior credentials and prior performance aren't that useful. If we want to look at future potential, we want to know, do you have the character skills to overcome adversity?

23:58And I don't know of a better way to see that than looking at whether somebody can improve if they didn't do a great job on their first try. There's this new kind of train of thought that I'm struggling to wrap my head around, and it seems a bit contrary to some of your writing and thought leadership. And this is not like I was on with Dr. Sapolsky, who I think is an evolutionary anthropologist. And Sam Harris is talking a lot about this. Oh, we're talking about free will. Yeah, that there's no such thing. That you're kind of the dire cast. What are your thoughts? It's a bit of a movement right now.

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24:32And it's compelling when you hear about it. And I understand when they're talking about it. And then I'm like, this feels like it's, it almost feels sort of borderline unhealthy that we don't have self-determination. What are your thoughts about it? I have never understood the appeal of this argument. And I also want to know, if we don't have free will, then who forced Sam and Robert to make these arguments? Because clearly it wasn't their choice. I mean, look, I'm not a philosopher. I'm a psychologist. But I think there's a logical fallacy that leads people to reject free will. So if I understand Sapolsky's argument, he's basically saying, look, there are a lot of forces outside of your awareness and outside of your control that influence your decisions and your behaviors.

25:12That's true. That doesn't mean I don't still have choices about what I do and who I become. So most personality traits are about 40 % heritable. And, you know, we should not discount nature. You know, whether you're an extrovert or an introvert, whether you tend to be more agreeable like me or disagreeable like you. There's a biogenetic set of influences on that. And we can we can see it in your brain chemistry. But that leaves a lot unaccounted for by nature. And I think, you know, you can think about your upbringing and your, you know, your culture is shaping your choices. But at the end of the day, I don't think there's any reason to believe that we don't decide our own destiny within the set of constraints and affordances that we have in front of us.

26:00Yeah, that makes sense. That's well put. Talk about how alternating between different skills can lead to better performance. This was a complete surprise to me. It was one of my favorite things that I learned while I was writing Hidden Potential. I've always assumed that you should practice the same skill over and over until you get better at it. So back in my days as a springboard diver, I would do five or seven reps of the same dive and try to make little adjustments. And then hopefully I'm working toward mastery. And yet experiments show that you're better off doing what's called interleaving, which is, let's say, you know, you're trying to improve as a mathematician.

26:36and an artist. You should spend maybe 10 or 15 minutes working on your math skills and then switch over to painting and then switch back. And there's something about, one, the variety that's motivating. It keeps you from either burning yourself out or just experiencing what psychologists call bore out, which is literally being bored out of your mind. And then there's also, there's a processing benefit that when you switch regularly, there's deeper learning that comes from having to recall the skills and kind of pick them up fresh as opposed to just repeating them on autopilot. So I just want to press pause.

27:13You said you're a springboard diver. I forgot about that, but I remember hearing it once. So my last company, L2, we were very data driven and we used to rank people. And, you know, that's probably a hate crime now, but we used to evaluate people and sort of rank them relative to each other. I'm sure you're going to tell me that's the wrong way to do it. But anyways, we did it. And then we try and find correlations so we could improve our recruiting or be more inclined to hire certain people over others. And we came away with three things. And these things are all a little bit upsetting. The first was they went to an elite school.

27:46And nobody wants to believe that now. And everyone's saying, and there's a lot of research showing that people from non-elite schools, especially the top, have similar outcomes. But we found that people who went to great schools were generally the top performers. Two, that they had participated in sports and specifically a sport like diving or gymnastics kind of individual performance. It wasn't a romance sport, but required a lot of discipline. And then three, and we would never say this out loud, our top performers were women. And now there's a lot of data coming out showing that, especially when you're hiring young people, that women's prefrontal cortex just matures earlier.

28:24I'd love to know when you're going to tell me the dangers and the caveats of having that kind of bias, if you will, but also specifically the importance of competitive sports or other types of activities that can enhance performance as an adult. Fascinating. I have so many questions for you. How were you measuring performance at L2 when you did this ranking? We would do 360 reviews and we would look at how strong their performance was in the eyes of their colleagues, their peers, subjective judgment around how they were driving client satisfaction, their analytical skills, their communication skills, and whether they were a culture carrier, that they generally enhanced the culture.

29:07They made it a nicer environment to be around. We had sort of a balanced scorecard assessment. I'd be very curious to triangulate those scores with objective performance data, which is obviously sometimes hard to get. But I wonder, you know, when I think about the let's start with the elite schools, when I think about the elite school advantage, there could be obviously some bias in how people are judging candidates who are known to have a strong pedigree versus not. There's also, there's some work by Stern and Westphal that suggests that one of the sort of hidden advantages of, you know, generally coming from an upper class background that makes you more likely to get into a top school is you learn these sophisticated influence tactics that are sort of out of reach for people who didn't have a privileged background.

29:51So instead of complimenting people directly, you compliment them behind their backs and then it gets back to them. instead of, you know, selling your idea in a pretty assertive or maybe even aggressive way. You come and say, you know, I'd love I'd love your advice. What do you what do you think about this idea? How could I get it heard? And so I wonder if there's, you know, just there's some tacit knowledge that's not available to people who didn't come from an elite background. Yeah, I can. I mean, you just see the millions of ways that in a capitalist society, so much advantage accrues to people from our kids from wealthy households.

30:30I mean, stuff you never even think about. In the book, you point to the fact that students actually learn more when they have the same teacher for multiple years, which I thought was really interesting. And because when we, both of us are educators, how might K through 12 schools better format themselves so that students live up to their potential? And have you given any thought to in higher education, what might be some fixes or some improvements in terms of getting kids a greater ROI on the substantial investment they make in higher ed? There's so much that we need to rethink there. I think, well, first of all, the idea of having the same teacher multiple years, it's a small effect, but it's been demonstrated in North Carolina, Indiana, Tennessee, Chile.

31:12And what seems to happen is when kids have more extended relationships with teachers, teachers are better are suited to, you know, not just instruct, but actually mentor and coach. And they're much more effective at personalizing their instruction. Kids are also less likely to be absent. They have fewer disruptive issues. And then immediately everybody wants to know, well, what if my kid gets like Professor Snape? And, you know, interestingly in the data, staying with the same teacher for multiple years is more effective if the teacher is poor or if the students are struggling. And so I wouldn't necessarily count this out as something that's only relevant if you have a great teacher, because teachers can grow with their students over time.

31:54But I think that's one small practice that's not expensive. It's fairly easy to implement. It also gives teachers variety, so they don't have to teach the same material every single year. What else can we do? I think the evidence is pretty clear and consistent that play-based education is powerful, particularly early on. So I'm a big fan of the Finnish practice of giving kids 15 minutes of recess for every 45 minutes of instruction. We've kind of done the opposite in the US where kindergarten has become more and more like first grade. You're spending less time on dinosaurs and space and the things that help kids love to learn.

32:29And instead doing much more sitting at your desk, drilling how to write sentences and how to do addition. And I think that's a mistake because Empirically, the kids who get the best grades and ultimately show the most growth later on are the ones who have intrinsic motivation to learn. And I don't know if a better way to cultivate intrinsic motivation to learn than to make school playful early on. Yeah. And a lot of people I respect say at the end of the day, the best thing you can do for young kids is just to get them to play. Walk us through the Peter principle. Oh, yeah. So this is a classic idea in sociology that you basically get promoted to your level of incompetence.

33:11The basic thought is that every time you succeed at a job, you move up. And then at some point, you're not good at your job anymore. So you can't get promoted and you get stuck there. Should we be rethinking this? I find there's a hierarchy and they've gotten a little bit better. People talk about individual contributors, but there's this general gestalt, I think, in corporate America that if you don't keep elevating by traditional titles, you have failed. And to me, it squanders human capital and creates unnecessary shame. What are your thoughts? I'm disappointed to be agreeing with you on that, Scott.

33:46It's a bad sign. It's a red flag. It's a problem. But no, I mean, look, I think the evidence is pretty clear on this one. You can see it in research by economists on salespeople, where the salespeople who are the best revenue generators are more likely to get promoted, and they're actually worse at management. Yeah, they're taken out of sales. Yeah. Yeah. So why would you want to put them in a position where they're not using their most effective skills? It turns out the best managers are not the people who are the biggest brain makers in those individual contributor jobs. They're the people who are the most collaborative.

34:18in helping their colleagues sell. And so I've become a fan of dual promotion tracks to say you could stay individual salesperson or engineer or pick whatever your role is, and we're gonna give you a bigger title and we're gonna give you a raise, but we're not gonna require you to manage people if you wanna move up because you may not have the skill or the will to do that effectively. Something I struggle with, and you talk about it in the book, is how to deal with imposter syndrome. What can people do to mitigate that feeling? You still feel like an imposter? Oh, Adam, I'm, I'm a hundred, not a hundred percent.

34:52I'm 90 % confident people are going to figure out that I'm not that talented and not that good and not that quality of person. And my whole world's going to come crashing down. I constantly have that fear. Really? Oh yeah. I had no idea. Yeah. Well, it's because you haven't invested in our relationship, Adam. I need you to spend more time with me. No, I have huge imposter syndrome. Anyways, what, what can people do to mitigate that? Well, first thing is the research by Basima Tufik on it is very powerful. She asked the question, why do we have to turn it into a syndrome? Yes, there are people who walk around feeling like I'm an actual fraud and it's only a matter of minutes until everyone finds out.

35:33But most people are not like that. Most of us, we have these temporary moments of doubt, wondering, am I up to this challenge? Am I qualified for this role? Are other people overestimating me? Am I as good as they think I am? And what Basima shows, she studied how often people had those thoughts among military cadets, medical professionals, investment professionals. She found no consistent costs of having more frequent imposter thoughts. She actually found benefits that people tended to work longer knowing they had something to prove. And they tended to listen better knowing they had something to learn.

36:09Is that your experience? I find it's a feature, not a bug that I want. I want to live up to people's image of me. It's very motivating. People think I'm really good and people think I'm a good person. And that inspires me to try and foot to that. Well, you've already answered your own question. Now, I should say it's I think it's probably easier to do that as a white guy. A hundred percent. The world generally expects you to rise to those actually those those standards. But yeah, I think, you know, Basima's advice is exactly what you've just said. It's it's to say, hey, if I feel like an imposter, that means other people think I'm pretty great.

36:41And now I go, I need to go and earn that. I would go further. I think imposter syndrome is actually a sign of hidden potential because other people have a more neutral and more objective view of you than you do of yourself. And odds are, if they have high expectations of you, they have seen some capacity in you to grow that you haven't recognized yet. Mm hmm. You recently tweeted, I am who I am is not a sign of a strong identity. It's a mark of a closed mind. A rigid sense of self is a barrier to growth and makes you a prisoner of your past. Say more about what makes one have a strong sense of self.

37:20That's an interesting question. Well, a mistake I see a lot of people make is they anchor their identities on their opinions and beliefs. And that stops you from evolving what you think and also how you think. So I think a strong sense of self is not, you know, basically, I am what I think is true. It's I am what I think is important. In other words, I think if you're going to have a strong identity, it should be grounded in your values. not your beliefs. So maybe an easy example of this would be if you're a doctor, if you decide that your identity is around doing, well, let's go back a half a century or so.

38:05You know, I'm a professional lobotomist. And that's what I believe is helpful to people. You're going to have a really hard time accepting the evidence that removing part of people's brain is not actually helping them resolve the disorder that you're trying to treat. Whereas if you anchor your identity on a value of, you know, protecting people's health and trying to promote their well-being, then as soon as the evidence shifts, you can change your mind with it. And so, you know, I would not want to go to the doctor who has an identity around particular treatments. I want to go to the doctor who has an identity around following the evidence around particular treatments.

38:44We'll be right back.

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40:40What types of personalities do you think are missing from leadership roles? What characteristics or attributes do we over-index on when we're trying to pick a leader versus those we under-index on? All right. So if you skipped a chapter eight of Hidden Potential, there is some disconcerting evidence that we tend to promote narcissists consistently because we mistake their confidence for competence. We also overinvest in extroverts because it's called the babble effect. The person who talks the most is the most likely to seem leader-like, dominant, confident, assertive, even though that person isn't at all more qualified or more capable.

41:22So I think we should stop elevating the people who take up the most space. And we should start looking at people who have the character to elevate everyone else around them. So I guess my big test of leadership is not, is this the smartest person in the room, but rather, do they make the room smarter? And that really comes back to character strengths and skills. I want to promote people who are givers rather than takers. I think often we call that servant leadership. I want to promote people who bring humility, not narcissism, to the table, so that instead of denying their weaknesses and silencing their critics, they actually work to overcome their weaknesses.

42:01and embrace their critics as an opportunity to learn. And I think if we started there, generosity and humility, we would go a long way. Really curious to get your thoughts on it. And there's no easy to segue here, but as an organizational psychologist, I'm just so I'm curious what you think about the organizations in higher ed that are coming under enormous strain and stress based on what's happening in Israel and Gaza. And Penn has come under a huge attack for not being more forceful, for the leadership not being more forceful in renouncing or speaking up against terrorism. I'm just very curious what your thoughts on are in terms of universities as an organization, and is this highlighting an issue with the organization?

42:48Is this a healthy process? What are your thoughts about what's going on on college campuses right now? First of all, I would not want one of those jobs. Oh, my gosh. Can you imagine? I cannot imagine. So I guess I want to start as somebody who studies organizations and leaders, but doesn't have a position of responsibility like that. Let's just appreciate how challenging it is and how many different stakeholders are pressuring you to, you know, to favor their politics. You know, that said, I don't think it should be hard to see the difference between free speech and hate speech. And I think we should have swift responses and strong action against that.

43:30So, you know, that to me is kind of table stakes. I think the, I guess one of the tricky things here is that, you know, we're seeing a lot of different voices call on leaders to make statements. And I think for the most part, the statements are the empty, they're empty words. What I want to see are policies that are going to be enacted and enforced consistently. And so, you know, as sure, it's nice to have an email. It's, you know, sort of, I guess, a little bit of useful virtue signaling to see a social media post. But at the end of the day, what I think that leaders need to be doing is to say, look, here are the different circumstances that could arise that would require us to take extreme action to prevent marginalized groups, groups that are, you know, under threat from being physically or psychologically unsafe.

44:23on our campus. And here's what violations look like, and here's what we're going to do about it. And I don't think those policies have been clearly spelled out. I think that's really powerful, Adam. And I love what you just said. There's a difference between free speech and hate speech. And I was so rattled. It's funny, as you get older, I don't know about you, but I was a younger man. I was just sleepwalking through life. This kind of thing didn't really weigh on me very much. And now I find it's really rattling, for lack of better term, triggering whatever the right term would be. And when I see students at our most prestigious universities chanting what is just clearly hate speech, I believe that we should use, I don't know, whatever technology to identify them and then kick them out of school.

45:11I agree with you. I don't want to see any social media posts. I don't care about a letter to alumni that attempts to please everybody and pleases nobody. But I do think, and we are lacking there, I think it's time for someone to come out and say, hate speech is unacceptable and we're going to kick you out of school. You are here. It is an honor for you to be here. And there are lines, no shoes, no service. And one of those things is hate speech. Anyway, a bit of a speech on my end. What are your thoughts? Yeah. I mean, I think a lot of leaders have been taken aback, not realizing that it should not be, no one should need to say that this is unacceptable.

45:53We shouldn't need to have a policy about this. It's, I mean, how could it not be more obvious? And so I think that's probably caught some off guard. Yeah. So, Will, that is obviously a very heavy topic that requires more conversation. What, you're sort of, you're kind of, I don't want to call you, you're not even rounding third base. You're still a young man, you're rounding second base. Do you set goals for yourself in the next five or 10 years? Is it just reach and influence? Is it more bestselling books? Do you write down specific objectives? If someone said, all right, you're going to wake up and it's five years or 10 years from now, what do you hope to achieve that you haven't achieved already?

46:35Well, those are terrible goals. Reach, influence, bestselling books. Why? If you're doing important work, your work helps people. It's the important work that matters. Okay. Yeah, but you don't want to be a tree falling in the forest. You need to get it out there. Of course. But I think those are really poor proxies for impact. So let's take a book, for example. We can both name some authors, and I'm not going to name them, who sold a lot of books that were read by very few people. That's a failure, in my opinion. I love that. Sold a lot of books, but were read by very few people. In other words, they got caught up in what was supposed to be a hot book and they bought it and they didn't get past the first chapter because it wasn't very well written.

47:15Yeah, exactly. And I think the opposite is, you know, is actually a success. You write something that really moves even a small group of people, whether it helps them live a better life or, you know, enriches their thinking in a meaningful way or enables them to solve a problem in the world. I don't care about the reach there. What I care about is the depth of impact. And funnily enough, Scott, when I was actually first starting as an organizational psychologist, one of the early questions I was curious about is, what matters for people's motivation? Is it the scope of impact or is it the depth of impact?

47:51And in the data I collected, depth just swamped scope. So it didn't matter how many people you reached. What mattered was how much did you touch each person who was affected by your work? So for me, what that means is when I sit down to think about next project for, you know, five-year horizon, I want to ask what's an interesting and important problem that I can take on that I can bring novel evidence and a fresh thesis to? Adam, do you have kids? Yeah, we have three. How old? They are 15, 12, and 10. what uh so you're you're kind of in the salad days for the golden years except for the 15 year old is a 15 year old a boy or a girl girl um i can't speak to that i have a 16 year old boy and i've gone from his hero to the anti-hero in about six months so what how has your work impacted your role as a father or the other way around i try not to take too much work home uh i feel like I never wanted to be one of those psychologists who screws up our kids.

48:54So I don't know that it's had a huge impact. I think, you know, I certainly read more developmental psychology and more parenting research than I probably would if I were in a different field. And I hope some of that's been useful. I think one of the things I've, I guess I've learned from that, you know, I'm a complete consumer in this area, not a producer at all. But one of the things I've learned from the research is kids, at the end of the day, they need to feel that they matter. That's one of the most important forces for mental health. And you've talked to Scott a lot about the crisis that boys are facing right now.

49:28I think in many ways it's a crisis of mattering. So when most parents think about mattering, they think about making sure that their kids are unconditionally loved and that they get their attention. But what we forget is that in order to matter, you also need to feel that other people rely on you, that you make a difference. And so one of the ways that I've tried to make that a reality in our house is when I struggle with something, I don't hide it. I don't just tell our kids about it. I ask for their advice on how to handle my challenges. and what I'm trying to do is one right you know recognize that we can all learn something from everybody we meet including our own children they they know things that we don't they see things about us that we can't sometimes they're the best mirrors to help us recognize our blind spots but two I want to show them that they have the competence to solve adult challenges even as kids and the hope is that builds their confidence over time and I don't I don't think it would have ever occurred to me to do that if I weren't geeking out on psychology research in my spare time.

50:35Any thoughts on being a good partner? I have many thoughts on being a good partner. Where do you want to go with that? Well, our listenership is mostly young men in their kind of late 20s, early 30s. A lot of them recently married or trying to find a mate, just, you know, kind of getting into their childbearing years, if you were, their role their role as a partner and a father. So advice to your younger self on how to be a good partner. So I think one of the challenges that a lot of people run into is in a committed relationship, you sort of end up just nagging each other constantly to do things.

51:14And nobody likes it. And it's extremely frustrating. And at some point, my wife, Allison, and I sat down and said, you know, we need a weekly meeting. Yeah, you heard me right. This is not just something you need with your boss. I think it's something you need with your partner. And in that weekly meeting, we would sit down and talk about, you know, okay, here are the things I need you to do this week. Let's check it on, you know, on all the tasks that are slipping through the cracks. And it was a dedicated time where we each were able to express, hey, this is something that It might sound trivial to you, but it's actually really important to me.

51:53Like, I don't want the garbage can sitting out for three days. It's embarrassing and it's gross. And then, you know, instead of feeling like that's an interruption in the course of the week and it's sort of a nuisance in the relationship, it becomes a chance to sit down and really think about, well, what can I do this week that my partner would really appreciate? So I've become a big fan of marriage meetings, and I was pleasantly surprised to discover there's some research suggesting that when you do these kinds of check-ins about what can we do to support each other better, it actually improves the health of a relationship.

52:28Adam Grant is an organizational psychologist at the Wharton School of the University of Pennsylvania and a best-selling author who explores the science of motivation, generosity, rethinking, and potential. He has been recognized as one of the world's 10 most influential management thinkers and has received Distinguished Scientific Achievement Awards from the American Psychological Association and the National Science Foundation. His latest book, Hidden Potential, The Science of Achieving Greater Things, is out now. I'm jealous of you, Adam. I find that you continue to just do incredible work, and you're smart at getting it out there.

53:01And I, you know, my jealousy is there's some things about it I don't like, but it mostly comes from a good place, and that is I admire what a positive impact you are having on the world. So keep on keeping on, brother. That's very kind of you, Scott. Well, I try not to do too much envy and jealousy, but we're all human. No, go on. Jesus Christ. Come on. No, but what I want to do is say I admire several things about you. One is I love the fact that you're just fearless when it comes to challenging people and being a little bit contrarian. I also really appreciate the fact that despite having, I think, a healthy ego, you're not afraid to be wrong and to admit you're wrong.

53:43And I think that is something that needs to be modeled dramatically more than it currently is. And finally, you managed to be interesting and funny on a whole range of topics, which is not an easy task at all. So those are all things that I look up to. And yeah, maybe sometimes I envy them, but more often, I guess when I feel envy, I look at that and say, well okay that means I want what you have so instead of you know feeling like damn Scott Galloway I hate that guy you're like okay he's a role model for certain things that I want to work toward that's and that that gives me more to like than dislike I think I like it Adam well listen I look forward to seeing you on the road and stay well same to you thanks for bringing me

54:41Algebra of happiness, masculinity. So let's try and break down three basic legs of the masculinity stool. And I've been thinking a lot about this, and this might be the wrong stool, but right now it's my stool. It's protector, provider, and procreator. And I'm going to talk a little bit about procreator. What Dr. Atia said that struck me was kind of how his advice to young men would be to be a dad. And that is what it is to be a procreator is that ultimately you become a provider and you become responsible for the well-being of someone else. And that's what it means to be a dad, is that you put their interests ahead of yours.

55:17And this has a lot of wonderful benefits. First off, a lot of downsides. If you don't find the right partner, your life's going to be full of stress. It is very difficult to manage the demands and the logistics and the cost of kids without a really competent partner. But assuming you can find a competent partner, and part of that is being, I hate to use the word aggressive because it sounds unkind, but aggressive, putting yourself in social situations, introducing yourself to someone you might have a romantic or sexual interest in, texting someone maybe. You don't hear back from them and your ego's like, that's it, I'm not texting her again.

55:51Well, okay, give it a couple weeks and text again. Who knows what's going on with her? following up, being kind, trying to do thoughtful things, trying to, quite frankly, trying to romance a woman, holding her hand, taking that uncomfortable risk of initiating physical contact. This is what it means to be a procreator. And then when you have kids, ensuring that you're raising kids that are going to be more secure, loving than you. That's at the end of the day, that is the fundamental box we have to check as fathers. And that is where I've brought some more forgiveness to my father. My dad, you know, wasn't an especially good father to me.

56:30But then I think about, well, okay, he was much better to me than his father was to him, which means he's checked the key box and what it means to be a procreator. The means to the ends, the means, economic security, money, having some influence, being good at something, that's all a means. The ends is, in my view, having a group of people who love you, but more importantly, you can love immensely. And you will never love anything as immensely as kids. And the way I describe it is Anne Rice used to write these novels about vampires, and vampires could never climax. They could never orgasm. So they were kind of sexaholics because they never got to a point of satisfaction.

57:13And I feel a little bit about my life pre-kids that way. And that is no matter how much money I had. I always wanted more. I was never really satisfied. And the only time I've ever felt sated, the only time I've ever felt, okay, this is it, this is enough, is on rare occasions when I'm with my boys. And I'll be at a soccer match, and they go crazy after a goal, or they're arguing with each other, which I find kind of funny most of the time, or they just instinctively jump on the couch and throw their legs over mine, and we have our dogs there, and my kids seem happy and secure and healthy. It's the only time.

57:49It's the only time on this planet where I felt, okay, I get it. I get it. This is enough. This episode was produced by Caroline Chagrin. Jennifer Sanchez is our associate producer and Drew Burrows is our technical director. Thank you for listening to the Prop G pod from the Vox Media Podcast Network. We will catch you on Saturday for No Mercy, No Malice, as read by George Hahn, and on Monday with our weekly market show.

58:23Oh my gosh. Oh my goodness. Now that's great coffee. I'm sorry. Go ahead. Thanks to Smartsheet for their support. What would you do if you had more time in the day, even just one hour more? In reality, we actually all do have more time than we think, but that extra time is sucked up by distraction. Jumping from window to window and application to application to get a simple task done creates endless pockets for distractions to slip in. That's why Smartsheet lets your team manage all your workflows in one seamless platform, so you can clear the clutter and find that elusive extra time every single day.

59:01Smartsheet. Work with flow. Learn more at smartsheet.com slash vox. The pumpkin spice latte is back at Starbucks. Crafted with our signature espresso and real pumpkin sauce. Then topped with whipped cream, cinnamon, and nutmeg. The PSL. Get it while it's hot or iced. Only at Starbucks.

From the publisher

Adam Grant, a professor at the Wharton School of the University of Pennsylvania and bestselling author, joins Scott to discuss his latest book, “Hidden Potential: The Science of Achieving Greater Things," and more.
Scott opens with his thoughts on going to the White House, Twitter’s valuation, and Meta launching a subscription service in the EU.
Algebra of Happiness: fatherhood.
Learn more about your ad choices. Visit podcastchoices.com/adchoices

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