July 21, 2021 An Unexpected Benefit of Giving Advice

We all know that giving advice can help others. You might offer valuable guidance that helps someone through a sticky problem, or you might provide a sought-after opinion. But, did you know that giving advice can actually benefit YOU as well?
Katy Milkman, a professor at the Wharton School of Management and the author of How To Change, has studied advice-giving and discovered that the advice-giver can reap as many benefits as the advice-receiver. The parameters are specific, though. You must give someone advice on the SAME goal or aspiration that YOU are trying to achieve.
Trying to write a book? Tell someone else how to go about doing it.
Trying to lose weight? Give someone advice on an exercise and diet regime.
Want to save more money each month? Advise someone else on how to tuck away those extra dollars.
By giving others advice on the very thing you want to accomplish, you’re building up your confidence, solidifying your ideas by bouncing them off others, and keeping this specific goal top of mind. Milkman also says that once we advise others on a specific objective, we want to “want the talk” and make the goal happen, since it would be hypocritical if we did not.
I have talked quite a bit about goal-setting on this blog, and I DO believe there is more to accomplishing goals than simply talking about them or giving advice, but still, this is an interesting piece of insight. By talking out your goals, you keep them top-of-mind and you (either subconsciously or consciously) are continuously problem-solving around them.
So, keep talking and keep giving advice! Here’s a video of Katy Milkman talking with Daniel Pink about advice giving:
MARGARET SMITH IS A CAREER COACH, AUTHOR, INSIGHTS® DISCOVERY (AND DEEPER DISCOVERY) LICENSED PRACTITIONER, AND FOUNDER OF UXL. SHE HOSTS WORKSHOPS FOR PEOPLE WHO NEED CAREER OR PERSONAL GUIDANCE.
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Tags: benefit of giving advice, daniel pink, goals and advice, katy milkman, Margaret Smith life coach, Margaret Smith professional speaker, milkman advice giving, unexpected benefit give advice
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