Ending Soon! Save 33% on All Access

Dealing With Low Confidence? Learn the Art of Giving Advice Giving advice is one of the most important traits of a leader but nobody thought it could be used to their advantage

By Nidhi Singh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media.

shutterstock

We are flooded with options from clothes to food and career to apps, there's a lot to choose from. If you struggle to make decisions then a friendly advice could be of great help. Instead, give advice to someone. According to a new research from the University of Chicago Booth School of Business in the US, people struggling with motivation will benefit more from giving advice than receiving it.

Giving advice is one of the most important traits of a leader but nobody thought it could be used to their advantage. In the paper , "In Giving We Receive: A Counterintuitive Approach to Motivating Behavior," published in the journalPsychological Science, Chicago Booth professor Ayelet Fishbach and University of Pennsylvania's Lauren Eskries-Winkler and Angela Duckworth say that people struggling to achieve goals incorrectly assumed that they needed expert advice to succeed, when, in fact, they were better helped by giving out advice.

The research highlighted that giving advice motivated people by raising their confidence, a reality that people struggling to reach their goals failed to anticipate. The findings were consistent across a series of experiments including improving study habits, saving money, controlling tempers, losing weight and looking for jobs.

"In the process of giving advice, advisors may form specific intentions and lay out concrete plans of action— both of which increase motivation and achievement," the authors wrote. According to the researchers, the reason that giving advice may boost motivation starts from a bump in confidence that comes with simply being asked to deliver the advice.

"In order to give advice, you need to sort through your thoughts and make a recommendation. That requires givers to search their own brains for examples of behavior that has worked successfully for them in the past, an exercise likely to boost confidence as well," said the researchers.

The act of giving the advice makes the giver feel powerful and confident, an effect the predictors of behaviour didn't account for, the researchers wrote.

Giving advice also restores some of the confidence lost when people have routinely fallen short of goals. Confident people set higher goals for themselves and remain more committed to them over time, the researchers say.

Conversely, "when people lack motivation, receiving advice may actually be harmful. Receiving help can feel stigmatizing because it undermines feelings of competence," the paper states.

Nidhi Singh

Former Correspondent, Entrepreneur Asia-Pacific

A self confessed Bollywood Lover, Travel junkie and Food Evangelist.I like travelling and I believe it is very important to take ones mind off the daily monotony .

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.

Leadership

How to Break Free From the Cycle of Overthinking and Master Your Mind

Discover the true cost of negative thought loops — and practical strategies for nipping rumination in the bud.

Leadership

How a $10,000 Investment in AI Transformed My Career and Business Strategy

A bold $10,000 investment in AI and machine learning education fundamentally transformed my career and business strategy. Here's how adaption in the ever-evolving realm of AI — with the right investment in education, personal growth and business innovation — can transform your business.

Business News

He Picked Up a Lucky Penny In a Parking Lot. Moments Later, He Won $1 Million in the Lottery.

Tim Clougherty was in for a surprise when he scratched off his $10,000-a-month winning lottery ticket.

Career

Why Entrepreneur Stands Against the PRO Act

The Protecting the Right to Organize Act could do lasting harm to the small-business and franchise community.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.