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Home » Life Begins At 40: How To Escape The ‘Rat Race’ & Take Back Control Of Your Life – Adam Grant (Transcript)

Life Begins At 40: How To Escape The ‘Rat Race’ & Take Back Control Of Your Life – Adam Grant (Transcript)

Read the full transcript of organisational psychologist Adam Grant in conversation with host Dr Rangan Chatterjee on “Life Begins At 40: How To Escape The ‘Rat Race’ & Take Back Control Of Your Life”, Nov 29, 2023.

The Midlife Crisis of Unrealized Potential

DR RANGAN CHATTERJEE: If I think about what I see as a doctor, many people come in to see me struggling in midlife, and many of them are asking themselves all kinds of questions such as, is this all there is? What happened to my childhood dreams? And I think that those questions in many ways reflect the fact that a lot of us intuitively know that we have not reached our full potential. And of course, your new book is all about hidden potential. What’s your perspective on that?

ADAM GRANT: Well, I think it’s a reflection of the fact that many of us didn’t recognize our potential early on. And I think in some cases that happens because we underestimate ourselves. People suffer from imposter syndrome. They’re sort of wracked with self doubt and they don’t believe that they’re capable of greater things.

Why does that happen? It happens because we tend to judge our potential by our starting point. So if you don’t have immediate raw talent, if you don’t have natural ability, when you take on a task or try to pick up a skill, then you assume, well, this just isn’t for me. Overlooking the fact that potential is not about where you start, it’s about how far you can travel.

And I don’t think the people around us are always helpful on this. We’re constantly surrounded by critics who are questioning our capabilities. Many people get underestimated and overlooked, and that can, in some cases become a motivating chip on your shoulder. But in a lot of cases, it’s just discouraging and deflating to say, well, I don’t really believe in myself and other people don’t believe in me. So, you know, I guess this is just not the goal for me or this is not the job for me.

And then at some point you realize, well, maybe I gave up on myself too soon, and maybe the people who doubted me don’t really know me that well and aren’t experts in this domain. And so why did we prejudge so quickly? And I think that’s a lot of what’s going on for people.

DR RANGAN CHATTERJEE: Where does this start, Adam? Because it doesn’t start in our 40s when we’re asking ourselves these questions, does it? It starts long before that.

The Early Seeds of Self-Doubt

ADAM GRANT: It does. I mean, I see it all the time with my undergraduate students at UPenn. It’s so common for students to drop by office hours at 20, 21 years old and say, I already feel like I’ve missed out. In some cases, it’s my potential. In other cases, I feel that I have this hidden potential, but it’s in direct conflict with the expected path I’m supposed to take.

So I had a student a few years ago who loved music and said, I really want to do this, but I’ve been told by my parents that I have to be a doctor or a lawyer. And so I can’t pursue this other dream that I have.

And at some point, I think people realize it’s better to pause and get out of that tunnel vision and ask, what am I hoping not only to achieve goal wise, but what are the values that are important to me? And I guess I found myself pushing students a little bit to say, don’t just define success by the goals you achieve. Think about it in terms of whether you live your values. Because if you end up hitting your goal, but you don’t live by your principles, I don’t know that that’s success. I would actually consider that a form of failure.

Confusing Success with Happiness

DR RANGAN CHATTERJEE: Well, Adam, that speaks to something that I think is endemic across society these days, which is we’ve confused success and happiness. We’ve chased societal metrics of success, and many people actually get there, right. Many people get the promotion, get the good job, get the salary, get the status. But despite getting those things, they often feel unfulfilled.

And I have spoken about my own journey relating to this on this show before, how I would be regarded by society as someone who is incredibly successful. Yet it was only a few years ago where I really felt happy and content because I chased the wrong things. And I get from not only this book, but also your previous book, Think Again, I get the impression that you also may have chased some of these wrong things at some point in your life.

ADAM GRANT: I definitely have. Guilty as charged.

DR RANGAN CHATTERJEE: Yeah. So why do you think that is? Because it’s interesting, Adam, you mentioned some of the societal conditioning. And I live in a relatively affluent area, I would say. And what I see with a lot of kids is that from a very young age, the parents are putting them in all kinds of coaching, all kinds of classes.

Other children who have not had that, I’ve seen this with people I know, with children I know, they feel that this is not my sport. I can’t do that. But it’s not true. It’s simply that the people you’re up against, your peers, have had coaching and training since the age of four. You haven’t yet. The schools then will often still say, you know what, we’re going to pick these guys for our team.

So again, I’m not here to criticize anyone, but it’s just an observation. I’d love your perspective on that, but what can we actually do about that as well?

Trajectories Matter More Than Starting Points

ADAM GRANT: Yeah, we’re not comparing apples to apples in those situations. We’ve known now for a long time that just being born earlier in the year gives kids an advantage and makes them look like they’re more talented, when in fact they’re just more mature.