Published May 3, 2021

The Best Tools for Personal Change

Wharton professor Katy Milkman delves into the science of personal change, revealing evidence-based strategies like implementation intentions and commitment devices, and explores the power of social influence and role models to effectively overcome barriers and achieve personal goals.
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Episode Highlights

  • Peer Impact

    Surrounding oneself with peers who are slightly better can significantly foster personal growth and achievement. explains that being around people who are too far ahead can be demotivating, as seen in a study where pairing top students with bottom students led to worse outcomes due to a lack of relatability 1. Instead, it's beneficial to find a group where there are overachievers just slightly ahead, making their success seem attainable and encouraging learning from their example 2.

    You don't want to be hanging around with people who are so out of your league that you feel like there's nothing in common and you can't learn from them.

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    This approach helps individuals believe that their goals are feasible and provides a practical path to follow.

       

    Role Models

    Choosing the right role models and mentors is crucial for personal development. highlights the importance of selecting social models who are relatable yet slightly more advanced, as they provide practical and achievable standards 2. This concept is supported by research showing that our social group significantly impacts our behavior, influencing everything from academic performance to financial habits.

    There's so much information in the actions of our successful peers that there's benefits of surrounding ourselves with people who can show us the way and make us believe it's doable.

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    By observing and emulating these role models, individuals can adopt effective strategies and life hacks that align with their personal goals.

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