Back

SHIV DIXIT

CHAIRMAN - BITEX IND... • 7m

📖 DAILY BOOK SUMMARIES 📖 🚀 17 Lesson From 👉 🔥 Drive: The Surprising Truth about 🔥 ✨ By Daniel H. Pink ✨ 1. The Shift from Extrinsic to Intrinsic Motivation: • Traditional rewards like money and incentives (extrinsic motivation) are less effective in today's world. Intrinsic motivation—driven by internal desires like purpose and personal growth—is more powerful. 2. The Three Elements of Intrinsic Motivation: • Autonomy: The desire to have control over how and when you work. Giving people freedom improves their motivation. • Mastery: The drive to get better at something that matters. Continuous improvement is key to long-term motivation. • Purpose: The feeling that what you do has meaning beyond yourself. Connecting work to a greater purpose boosts motivation. 3. Carrot-and-Stick Model is Outdated: • The traditional reward-punishment system works for simple, routine tasks but fails for creative or cognitive tasks. 4. The Type I vs. Type X Personalities: • Type I personalities are driven by intrinsic motivators (Autonomy, Mastery, Purpose), while Type X personalities are focused on external rewards. Type I individuals tend to be more satisfied and perform better in the long run. 5. Goldilocks Tasks: • People are motivated by tasks that are neither too easy nor too hard—finding that "just right" challenge keeps them engaged and motivated. 6. The Importance of Self-Direction: • Self-directed teams and projects often outperform those with micromanagement. Allowing individuals to make decisions increases engagement. 7. Flow State: • Achieving flow—a state where people are fully immersed in their work—happens when autonomy, mastery, and purpose align, leading to deep motivation. 8. The Power of Purpose-Driven Goals: • Companies and individuals perform better when they are motivated by purposeful goals, not just financial or material rewards. 9. Rewards Can Backfire: • External rewards can reduce intrinsic motivation, especially for tasks that require creativity. People lose interest when they feel controlled by rewards. 10. Encourage a Growth Mindset: • Emphasize effort and improvement rather than innate ability. Encouraging a growth mindset fosters motivation to keep learning. 11. Autonomy Over Four Key Areas: • People want autonomy over task, time, team, and technique—what they do, when they do it, who they do it with, and how they do it. 12. Purpose Maximizers vs. Profit Maximizers: • Purpose maximizers—people and companies driven by a higher purpose—are often more successful and satisfied than profit maximizers who only focus on financial gain. 13. Intrinsic Motivation in the Workplace: • Companies that foster intrinsic motivation (autonomy, mastery, purpose) see higher levels of employee satisfaction and productivity. 14. 20% Time: • Pink highlights how companies like Google allow employees to spend 20% of their time on personal projects, which boosts innovation and creativity.

3 replies17 likes
13
Replies (3)

More like this

Recommendations from Medial

Image Description

Dhruv Singh

Growth Marketer | MB... • 4m

Can anyone help by Explaining this platform? Is this the linkedin kind of? what is the purpose and type of audience here? Your kind words will be really appreciated⤵️

3 replies9 likes
Anonymous
Image Description
Image Description

Came across this today, a platform where people get early access of content from creators and also win rewards and money for helping them create better content by answering polls. Finally audience can take charge what type of content we want from cre

See More
9 replies7 likes
1

Arya

“AIchemy: Synthesizi... • 10m

🚀 Innovative Solution for Unemployment 🚀 Hey everyone! 🌟 I have an exciting idea to tackle unemployment and reduce dependency on unproductive free income schemes (like in Karnataka). Introducing a Bounty System where individuals can earn points

See More
0 replies4 likes

Inactive

AprameyaAI • 10m

15 One-Liner Summaries from World's Best Business Books 👉 "The Lean Startup" - Validate before you invest. 👉 "Zero to One" - Innovation beats competition. 👉 "Good to Great" - Greatness is a choice. 👉 "The 4-Hour Workweek" - Work smart, live f

See More
0 replies7 likes
2

Nazim Ali

Philosopher • 6m

Hello, my name is Nazim. As a passionate entrepreneur, I've dedicated the past several years to transforming my startup vision into a reality. Leveraging my academic background in psychology, spirituality, philosophy, and inspired by the insights of

See More
0 replies1 like
Image Description

Kishan Kabra

 • 

Guava Trees Softech Pvt • 4m

Name some of the best startups by it's purpose/idea. Please mention the name and industry. Me- BlackBuck (Logistics & Transportation)

5 replies3 likes

Shanu Chhetri

CS student | Tech En... • 2m

India's going crazy! Founded in 2024 by Aayush Agarwal, a former chief of staff at quick commerce platform Zepto, Snabbit connects households with trained professionals for on-demand home tasks. These professionals, available by the hour, arrive wi

See More
0 replies23 likes
2
Image Description
Image Description

Niket Raj Dwivedi

 • 

Medial • 11m

Peyush Bansal of Lenskart talks about clarity of purpose, customer obsession and leading with culture. Great Sunday podcast by Blume Ventures. 👇🏻

2 replies30 likes
8
Anonymous

Mitti cafe , started by Alina Alam and currently she is giving job to 4000 disabled people in all over India . Even many celebrities and famous personalities visit mitti cafe also employees are earning really well . ❤️‍🩹 Such a great non profit star

See More
0 replies18 likes
1
Anonymous
Image Description

Hi everyone.. Business Idea: Mind Mastery Centers for Competitive Exams Problem Statement: Competitive exams like NEET and JEE demand not just academic knowledge but also mental agility, emotional resilience, and effective time management. Many stu

See More
3 replies1 like

Download the medial app to read full posts, comements and news.