I am often intrigued by what motivates people. Indeed, there are different strokes for different folks. I was listening to Darren Hardy’s fascinating talk about extrinsic and intrinsic rewards representing two distinct forms of motivation that drive behavior.
Extrinsic rewards are tangible incentives from external sources, such as money, trophies, grades, promotions, or public recognition. These rewards come from outside the individual and are often effective for short-term motivation or tasks requiring little personal engagement. However, over-reliance on extrinsic rewards can reduce intrinsic motivation, create dependency on external validation, and may feel controlling rather than empowering.
In contrast, intrinsic rewards are intangible and arise from within the individual, driven by personal satisfaction or enjoyment of the activity. Examples include a sense of achievement, mastery, personal growth, joy, or alignment with one’s values. Intrinsic rewards are powerful motivators for long-term engagement, particularly in creative or complex tasks. However, they can be harder to cultivate in environments focused heavily on external incentives. They may diminish if the activity becomes repetitive or loses meaning.
The primary difference between the two lies in their source and focus: extrinsic rewards depend on external factors and prioritize outcomes, while intrinsic rewards are self-sustained and centered on the process. Combining both forms of motivation, such as recognizing someone’s efforts with external rewards while emphasizing the meaningful impact of their work, can create a balanced approach that fosters sustained motivation and satisfaction.
A person’s definition of success is tied to numbers and recognition, which makes them vulnerable to feelings of inadequacy when they fall short of expectations. Finding purpose and contentment leads to finding motivation in the joy of work. The intrinsic approach shields us from the stress of constant comparison.
Pursuing extrinsic rewards can lead to visible success but can leave a sense of emptiness in deeper areas of life. In contrast, focusing on intrinsic rewards fosters lasting joy and resilience, though it may come with fewer external accolades.
Motivation varies from person to person. True fulfillment comes from finding balance and pursuing external achievements while staying rooted in the inner joy and meaning that give life purpose.
Watch for the blind spots.
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