Intrinsic & Extrinsic Motivation: Differences & How to Use Each

intrinsic and extrinsic motivation

Intrinsic and extrinsic motivation are the two main types of motivation. Intrinsic motivation focuses on internal rewards and drivers like the joy of learning while extrinsic motivation is comprised of external drivers like an incentive or reward. However, intrinsic and extrinsic motivation can be used together to achieve an optimal balance of motivating factors. What …

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Top 12 Motivational Theories to Help You Succeed in Life & Business

motivational theories

Almost everyone is interested in motivating either themselves or others, but few know the actual psychological theories that drive us to become motivated. To help, below is a list of the top 12 motivational theories that work in specific situations and for specific people. By reading, you should understand not only what drives us, but …

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11 Types of Motivation: What They Are & How to Use Them 2020

types of motivation

Intrinsic and extrinsic motivation are the two broad types of motivation. Intrinsic motivation occurs when people are motivated by internal rewards like self-improvement. Extrinsic motivation represents people driven by external rewards like money or praise. However, there are many specific types of intrinsic and extrinsic drivers that motivate people differently, such as achievement or fear. …

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What is Motivation? Principles, Theories & How it all Works

What is motivation

Motivation is an important mindset for achieving your dreams. Motivation is the driving desire that encourages you or others to take action in the pursuit of a goal through any obstacle. Luckily, motivation is not something that some people have while others don’t and is a mindset that can be cultivated and nurtured over time. …

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Rich vs Wealthy: How to Make Money the Right Way

rich vs wealthy building wealth

The main difference between being rich and being wealthy is that rich people generate short-term riches they spend on material possessions while wealthy people generate sustained wealth they invest in appreciating assets. Rich people measure success by the amount they spend while wealthy people measure success by growth and their relative level of happiness. However, …

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How to Use the Expectancy Theory of Motivation in Life & Business

expectancy theory of motivation

The expectancy theory of motivation, also known as the valence-instrumentality-expectancy theory, states that a person’s motivation is directly tied to their expected outcome as a result of their hard work and labor.  For example, you’re typically more motivated the more you believe that your current actions will result in your desired goal.  The theory was …

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How to Use the Equity Theory of Motivation in Life & Business

equity theory of motivation

The equity theory of motivation states that a person’s motivation is directly related to their perception of equity, also known as level of fairness.  This theory by John Stacey Adams shows that you become more motivated when perceived equity is higher, and vice versa. Key inputs directly increase or decrease equity, affecting things like your salary …

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Arousal Theory of Motivation: What it is & How to Use it to Your Advantage

arousal theory of motivation

The arousal theory of motivation states that motivation is tied to specific levels of “arousal”, which in psychology represents mentally alertness and attentiveness. People have different levels of optimal arousal that help them maintain motivation. However, studies show that “moderate levels of arousal” result in maximum motivation and ultimate success. How the Arousal Theory of …

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