Give and Take by Adam Grant

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Give and Take by Adam Grant (Book
Summary)
“Every time we interact with another person at work, we have a choice to make:
do we try to claim as much value as we can, or contribute value without worrying
about what we receive in return?”
- Adam Grant, Give and Take
You probably know that hard work, passion, luck, and talent all play a major role
in determining how successful you’ll be in your working life.
But did you know that there’s another factor – your reciprocity style – that is just
as important, if not more important?
Adam Grant, a professor at Wharton Business School, explains all about this
newly emerging factor of success in his brilliant book “Give and Take”.
Let’s explore some of the ways your reciprocity style can make or break your
success…
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Givers, Matchers, Takers
There are three main types of interaction, three different reciprocity styles:
Takers, Givers, and Matchers:
“Takers have a distinctive signature: they like to get more than they give. They tilt
reciprocity in their own favor, putting their own interests ahead of others’ needs.”
Takers believe the world is a competitive, dog-eat-dog place. They believe in
succeeding by being better than others. They feel like they’re in constant
competition with others. They feel like they must prove their competence so they
self-promote and make sure they get plenty of credit for their efforts.
They pursue most actions with the thought in mind, “What’s in it for me? What
am I getting out of this? Will this action be of value to me? Will this make me
better off? Is this worth my time and energy?”
Takers are very calculating, cautious, and self-protective. They look out for
themselves. They make sure they don’t get left behind.
“Givers tilt reciprocity in the other direction, preferring to give more than they get.
Whereas takers tend to be self-focused, evaluating what other people can offer
them, givers are other-focused, paying more attention to what other people need
from them.”
Givers believe the world is a friendly place. They believe in succeeding by
helping others and creating win-win situations. They’re interested in how their
actions make others or the ‘whole’ better off. They are genuinely interested in
helping others.
They often act without having a hidden agenda. If someone needs their help,
there’s no need to think about it. Givers gladly give a helping hand without
expecting anything in return.
“Matchers operate on the principle of fairness: when they help others, they
protect themselves by seeking reciprocity. If you’re a matcher, you believe in tit
for tat, and your relationships are governed by even exchanges of favors.”
Most people are matchers. They simply “match” the reciprocity style of the
people they interact with. If you give to a matcher, he’ll gladly give back to you. If
you take from a matcher, he’ll envy you and try to get even next time.
Let’s invent some imaginary situations and see how each reciprocity style might
react…
Let’s say you’re a postman and are bringing the mail for Mr. Johnson.
Unfortunately, it’s the wrong Mr. Johnson. In this scenario, the giver will likely
help you try to find the real Mr. Johnson and the real address. The giver is
compassionate and is truly interested in helping you. He might put in a
considerable amount of effort to help you. On the other hand, the matchers and
takers probably won’t help you – there’s nothing in it for them.
Let’s say you’re moving and need some help next Saturday. A giver will check
his schedule and, if he’s free, gladly join you without thinking much about it. A
matcher will join you if he owes you a favor or if he thinks he can get equally as
much back from you in the near future. A taker will only join you if he thinks he
can get more back from you. Otherwise he’ll make up an excuse and pass.
I hope these two scenarios clarify the thinking behind givers, matchers, and
takers a bit.
In short, takers try to get as much from other people as possible while
contributing as little as they can. Givers are generally people who enjoy helping
others and are fine with giving more than they receive. The matchers aim for quid
pro quo – I help you, you help me.
Bottom line: There are three main reciprocity styles: Takers, Givers, and
Matchers. Takers aim to get more than they give. Givers tend to give more than
they get. And Matchers go for quid pro quo.
Your Reciprocity Style Defines Whether You’ll Land at
the Top or the Bottom of the Success Ladder
“Evidence shows that at work, the vast majority of people develop a primary
reciprocity style, which captures how they approach most of the people most of
the time. And this primary style can play as much of a role in our success as hard
work, talent, and luck.”
*Note: This is important: You have one primary reciprocity style that you’ll use
with most people most of the time. But that doesn’t mean you never act in the
other reciprocity styles. It’s totally possible that you act as a giver in one
department, as a matcher in other environments, and as a taker in your general
interactions. You’re not always a giver or always a taker. You can always choose
to act differently.
As we mentioned earlier, our reciprocity style has just as much of an impact on
our success as hard work, talent, and luck.
So who comes out on top – the Takers, Matchers, or Givers?
It’s the… Givers.
People who are generous, who give more than they get, and who genuinely try to
help others are more likely to have higher grades, be more productive, sell more,
earn more money etc…
“Across occupations, if you examine the link between reciprocity styles and
success, the givers are more likely to become champs...”
Bottom line: Out of the three reciprocity styles it’s the givers who succeed the
most.
Why Givers Succeed
Why do givers succeed?
One big reason is because they build better reputations, more and stronger
relationships, and far bigger networks than matchers or takers. Reputation,
relationships, and the right network will enhance anyone’s success in life.
So, how do givers accomplish this? Answer: Through the rules of reciprocity. Let
me explain…
Remember, when interacting with a giver, it quickly becomes clear that he
genuinely cares about your interests. He aims to make you and everyone else
better off. He gives, helps, and puts in a lot of time and effort without expecting
anything in return. He aims to create win-win relationships.
This becomes his reputation. He will be known as a giver, as someone who’s
generous with his time and energy, as a generally good guy. And as someone
who cares about others and helps them succeed.
Needless to say, this kind of reputation opens the doors for new relationship and
expanding your network. After all, who wouldn’t want to make business or
become friends with a giver?
Just compare a giver’s reputation with one of a taker – a guy who’s known for
being selfish taking advantage of people, and looking out only for himself –
nobody wants to make business with that kind of person.
In short: Givers build more relationships and thus a bigger network because
they’ve got a great reputation. Takers build fewer relationships and smaller
networks because they sacrifice their reputation by acting selfish and not caring
about the interests of others.
It gets better:
“When takers win, there’s usually someone else who loses. Research shows that
people tend to envy successful takers and look for ways to knock them down a
notch. In contrast, when givers like David Hornik, win, people are rooting for them
and supporting them, rather than gunning for them.”
When you’re a giver you create win-win situations and help others succeed.
Thus, matchers – looking for quid pro quo – will feel inclined to give back to you.
They are actively looking for ways to help you.
Things look drastically different if you’re a taker and you’ve taken advantage of
someone. Now matchers – looking for quid pro quo – will want to get even.
They’ll look for ways to punish you.
And it gets even worse for takers. Once they have a negative reputation,
matchers will punish them just for knowing they’ve taken advantage of other
people. That’s right, a matcher will punish you just for knowing you’ve been a
taker with one of his friends, co-workers, or whoever.
Matchers value fairness. They’ll get even with you… even for stuff you did to
other people.
“Why do we punish takers for being unfair? It’s not spite. We’re not getting
revenge on takers for trying to take advantage of us. It’s about justice. If you’re a
matcher, you’ll also punish takers for acting unfairly toward other people.
Gretchen Rubin calls matchers the ‘karma police’.”
That means even better news for givers: Matchers will grant you a bonus for
helping their friends, family, or any other people.
Givers succeed because most people are matchers – guys and gals valuing
fairness and reciprocity.
Here’s a quick overview of these dynamics:
•
If you’re a giver with a giver reputation –> the matchers (which is the majority
of people) will grant you a bonus.
•
If you’re a taker with a taker reputation –> the matchers will impose a tax on
you.
•
If you’re a matcher with a matcher reputation –> the other matchers will neither
give you a bonus nor impose a tax on you. They’ll simply look for quid pro quo.
When you’re a giver, it’s like the whole world has your back, is rooting for you,
looking out for you, and helping you succeed.
Bottom line: Givers succeed partly because most people are matchers who
value reciprocity and fairness. The matchers grant a bonus to givers while
punishing takers. When you’re a giver, the whole world is rooting for you and
supporting you.
Why Giving Will Become Even More Important in the
Future
A couple of reasons…
First, reputation is acquired much quicker:
“Without telephones, the Internet, and high-speed transportation, building
relationships and reputations was a slow process. “In the old world, you could
send a letter, and no one knew,” Conley says. Conley believes that in today’s
connected world, where relationships and reputations are more visible, givers
can accelerate their pace.”
You can build trust, goodwill, and a great reputation much more quickly than a
few hundred years ago.
And, as far as takers are concerned, you can also destroy your reputation much
more quickly today than before the Internet, telephones, and other technology.
Second, we work with people and in teams more often:
“Today, more than half of American and European companies regularly use
teams to get work done.”
Giving really only helps you succeed when you’ve got the chance of working with
other people. If you’re interacting with others, luck, talent, and hard work are
obviously much more important to become successful.
As teamwork becomes more and more common, givers gain a huge advantage
over matchers and takers. Whenever they’re working with people, they get
opportunities to demonstrate their value, build trust and goodwill, and improve
their reputation.
Third, the service sector keeps growing:
“Even if you don’t work in a team, odds are that you hold a service job. Most of
our grandparents worked in independent jobs producing goods. They didn’t
always need to collaborate with other people, so it was fairly inefficient to be a
giver. But now, a high percentage of people work in interconnected jobs
providing services to others. In the 1980s, the service sector made up about half
of the world’s gross domestic product (GDP). By 1995, the service sector was
responsible for nearly two thirds of world GDP. Today, more than 80 percent of
Americans work in service jobs.”
Think about it… do you want your key service providers to be givers or takers?
Do you want your lawyer, doctor, dentist, teacher, plumber, and real estate agent
to focus on contributing value to you, or claiming value from you?
If your doctor is an egomaniac, you’ll simply fire him. And that’s how a job gets
redistributed from a taker to a giver.
Bottom line: The service sector is growing. Teamwork becomes the norm. And
reputations get acquired much more quickly. These are all reasons why giving
will become an even more important factor of success in the future.
How Giving Helps You Build a Bigger Network
“Your network is your net worth.” – Tim Sanders
Givers build bigger and far superior networks than matchers or takers.
Why?
First of all, givers acquire great reputations. We covered this earlier:
Someone with a giver reputation can easily make lots of new friends - everyone
loves to be friends or make business with someone who’s generous, helps
people, and genuinely cares about others.
If you’re someone with a taker mentality, it’s much harder. After all, who wants to
be friends with someone who’s known for taking advantage of others, looking
only after himself, and not caring about others.
Another reason why givers build bigger networks is that they “activate” many
more relationships. They don’t limit themselves to only creating relationships with
people who can give them something in return immediately.
A giver genuinely cares about others and helps people without expecting
anything in return. He gives to people even if he doesn’t see a way the other
person could pay him back. This way, a giver creates a huge network of people
who theoretically “owe him a favor”.
Takers and matchers, on the other hand, only help someone when their
immediate benefit is at least as great as the benefit for the other person. They
insist on a quid pro quo in every interaction… and thus help fewer people than
givers, which results in a much narrower network.
Takers and Matchers suffer from a shortsightedness about networks. If they don’t
see an immediate return on their investment, they simply won’t pursue the
relationship which limits the size of their networks dramatically.
Bottom line: Givers enjoy helping others without wanting anything in return. This
helps them “activate” lots and lots of relationships and create a huge network of
people who theoretically “owe them a favor”. As opposed to matchers and takers,
they don’t limit themselves to only creating relationships with people who can
give them something in return immediately.
How Giving Helps You Excel in Group Work
If you’re working in any kind of group, this is must-have knowledge:
“Studies show that on average, from sales teams to paper mill crews to
restaurants, the more giving group members do, the higher the quantity and
quality of their group’s products and services.”
The more giving group members do, the more successful their group will be.
That’s HUGE.
And it gets better:
“Successful givers expand the pie in ways that benefit themselves as well as
their groups. Extensive research reveals that people who give their time and
knowledge regularly to help their colleagues end up earning more raises and
promotions in a wide range of settings, from banks to manufacturing companies.”
Here’s how this works:
Givers make themselves better off by making the whole group better off. They
expand the pie: They make major contributions to the success of the groups…
which means there is more success for the whole team to share.
Givers put a group’s interests ahead of their own. They take on the tasks that are
in the group’s best interest, not necessarily their own personal interests. They put
in a lot of effort. They help others with their tasks. They take on tasks that others
don’t want.
Acting as a giver in groups has two main benefits:
1st, you increase the group’s overall success which means everyone, including
you, gets a bigger pie.
2nd, you’re building goodwill and trust with the people in your group. You’re
building a great reputation. People will want to work with you again. The
matchers will grant you a bonus in the future.
So, next time you’re working in a group, act as a giver. Put in a lot of effort. Do
the tasks others don’t want to do. Help others. This way, both you and your entire
group will benefit greatly.
Bottom line: Givers excel in group work. They make everyone (including
themselves) better off by making the group better off. They put the group’s
interests ahead of their own by taking on tasks that others won’t, helping team
members, and putting in a lot of effort.
How Giving Makes You a Better Salesperson
Adam Grant gives lots of research-backed examples of givers far outselling both
matchers and takers.
Here’s an example of a study he did with opticians:
“…Dane Barnes and I asked hundreds of opticians to complete a survey
measuring whether they were takers, matchers, or givers. We also gave them an
intelligence test, assessing their ability to solve complex problems. Then we
tracked their sales revenue over the course of an entire year.
Even after controlling for intelligence, the givers outsold the matchers and takers.
The average giver brought in over 30 percent more annual revenue than
matchers and 68 percent more than takers. Even though matchers and takers
together represented over 70 percent of the sellers, half of the top sellers were
givers.”
Givers ask questions, try to get to know their customers, and genuinely have the
customers’ best interests in mind.
Compared to takers, givers don’t feel the need to dominate the conversation.
Instead, they let the customers talk about their needs and wants. Oddly enough,
by talking about themselves – their needs and wants etc. – the customers believe
they’ve actually come to know you.
So, by asking questions and letting the customers express their feelings, desires,
and wishes, givers build trust, familiarity, and goodwill – three core components
of selling.
Through their conversational style, givers also gain a lot of valuable knowledge
that helps them become better and better at selling their products and services in
the long run.
“In one study, pharmaceutical salespeople were assigned to a new product with
no existing client base. Each quarter, even though the salespeople were paid
commission, the givers pulled further ahead of the others. Moreover, giving was
the only characteristic to predict performance: it didn’t matter whether the
salespeople were conscientious or carefree, extroverted or introverted,
emotionally stable or anxious, and open-minded or traditional. The defining
quality of a top pharmaceutical salesperson was being a giver.”
The defining quality of a top pharmaceutical salesperson was being a giver.
Next time you’re selling something, act as a giver. Be genuinely interested in
your potential customer. Get to know him. Ask questions. Let him talk. And most
importantly, have his best interest in mind and do what’s best for him.
Here’s a top-selling giver explaining his attitude towards selling:
“I don’t look at it as selling,” he explains. “I see myself as an optician. We’re in
the medical field first, retail second, sales maybe third. My job is to take the
patient, ask the patient questions, and see what the patient needs. My mind-set
is not to sell. My job is to help. My main purpose is to educate and inform
patients on what’s important. My true concern in the long run is that the patient
can see.
Bottom line: Giving helps you become a better salesperson. Being genuinely
interested in your customer’s needs helps you build trust and goodwill. Which in
turn helps you sell your product or service in a win-win kind of fashion.
Selfless VS. Otherish Giving: Why Some Givers End at
the Bottom of the Success Ladder
There’s something I forgot to tell you…
“The worst performers and the best performers are givers; takers and matchers
are more likely to land in the middle.”
NOT all givers come out on top. Some of them are what we call pushovers or
doormats… and they often land at the bottom of the success ladder.
Why is that? And what can a giver do to NOT become a pushover or doormat?
To understand this phenomenon, we must look at the interplay of self-interest
and other-interest:
“Takers score high in self-interest and low in other-interest: they aim to maximize
their own success without much concern for other people. By contrast, givers
always score high on other-interest, but they vary in self-interest. There are two
types of givers, and they have dramatically different success rates.”
The two types of givers are:
Selfless givers: These are the guys with high other-interest and low selfinterest. They give their time and energy freely without regard for their own
needs. Unfortunately, they often get taken advantage of and tend to end up as
doormats and pushovers. By giving and giving and giving they neglect and
sacrifice what would be in their own best interest.
Otherish givers: These are guys with high other-interest and high self-interest.
They are just as ambitious as matchers and takers, but are willing to give more
than they receive. What’s crucial is that they keep their own interests in sight and
don’t let others take advantage of them.
The key to successful giving is finding a balance between what’s best for others
and what’s best for yourself. Think in terms of win-win.
Bottom line: Givers are not only the most successful, but also
the least successful. They only succeed when they find the right balance
between other-interest and self-interest. So-called otherish givers genuinely care
about others, but keep their own interests in mind also. This helps them succeed
and prevents others from taking advantage of them.
Summing up
Here are the main points we discussed in the article…
- There are three main reciprocity styles: Takers, Givers, and Matchers.
Takers aim to get more than they give. Givers tend to give more than they get.
And Matchers go for quid pro quo.
- Your reciprocity style influences how successful you’ll be. Out of the three
styles, givers tend to be the most successful.
- Givers succeed because most people are matchers who value reciprocity
and fairness. They grant a bonus to givers while punishing takers. When you’re
a giver, the whole world is rooting for you and supporting you.
- Three reasons why giving will become even more important in the
future: The service sector is growing. Teamwork becomes the norm. And
reputations get acquired much more quickly.
- Givers build far superior networks than matchers or takers. They don’t limit
themselves to only creating relationships with people who can give them
something in return. Instead, their joy of helping others causes them to “activate”
lots of relationships and create a huge network of people who theoretically “owe
them a favor”.
- Givers excel in group work. They make everyone (including themselves)
better off by making the group better off. They put the group’s interests ahead of
their own by taking on tasks that others won’t do, helping team members, and
putting in a lot of effort.
- Givers are the best salespeople. Being genuinely interested in their
customer’s needs helps them build trust and goodwill. This helps them sell their
product or service in a win-win kind of fashion.
- Givers are not only the most successful, but also the least successful. To
be a successful giver you must find the right balance between other people’s
interests and your own. If you neglect your own needs and interests, you’ll
become a doormat or a pushover. You’ll let people take advantage of you. And
you’ll end up at the bottom of the success ladder.
Becoming a giver is one of the smartest things you can do for yourself.
It will not only increase your career success, but it will also help you make new
friends, create new business partnerships, feel better about yourself, and it will
even make you happier along the way.
Now what?
Okay dokay, you get it - being a giver is the way to go... but how de we make it
happen? How do we become a giver? Here are a couple of suggestions:
Bring a gift. Deepak Chopra says it best, “Wherever I go, and whomever I
encounter, I will bring them a gift. The gift may be a compliment, a flower, or a
prayer. Today, I will give something to everyone I come into contact with, and so
I will begin the process of circulating joy, wealth, and affluence in my life and in
the lives of others.”
When someone asks you for advice, take the chance. It doesn’t get any
easier than that. When someone asks you for something, help him or her out.
Really do your best to solve his or her problem. Take your time, put in some
effort, and genuinely care for his or her well-being.
Acknowledge people and make them feel good about themselves. Dale
Carnegie says in How to Win Friends and Influence People that one of the
deepest urges in human nature is the desire to be important. So give people that
feeling. How? Say thanks to the bus driver. Greet the postman. Smile at
strangers. Whatever it is… find ways to acknowledge people’s existence. You
always have a choice: You can either make someone feel good or bad or neutral.
Try to make them feel good – leave people better than you found them.
Ask for help. Helping people feels great. So by giving others the chance to help
you, you’re indirectly making them feel good.
Be present. One of the best gifts you can give someone is your full and
undivided attention. Don’t interrupt them from speaking. Don’t look at your
smartphone. Be interested in what they have to say.
After seeing all the benefits of giving, I’m wondering if you’re going to start acting
as a giver more often? Remember, you can choose how you show up in the
world. You can choose to act as a giver. You can choose to help others without
worrying about receiving something in return.
Let me know how you feel about that in the comments below, and thanks for
reading!
P.S. What's Your Reading Game?
Want to know one habit highly successful people have in common?
They read. A lot.
Warren Buffett was once asked about the key to success. He pointed to a stack
of nearby books and said, “Read 500 pages like this every day. That’s how
knowledge works. It builds up, like compound interest. All of you can do it, but I
guarantee not many of you will do it.”
In his recent HBO documentary, Becoming Warren Buffett, he says, "I still
probably spend five or six hours a day reading."
His business partner and fellow billionaire, Charlie Munger, shares that passion
and commitment to reading. He once said, “In my whole life, I have known no
wise people who didn’t read all the time – none, zero.”
And these two are not alone. Here are just a few more ultra-successful people
who make reading a major part of their days:
•
Mark Zuckerberg aims at reading a book every two weeks
•
Bill Gates reads one book per week or about 50 books per year
•
Elon Musk is another voracious reader and when asked how he learned to
build rockets, he simply said, “I read books.”
•
Mark Cuban writes on his blog that he reads more than 3 hours every day
•
Oprah Winfrey is famous for her book club and is well-known for being an
avid reader
Reading is a big deal.
So, how can you read more and retain more from what you read in 2018? Let me
introduce you to one of our favorite tools. It’s called…
Download
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