By now you may have seen or heard an interview with Facebook Chief Operating Officer Sheryl Sandberg discussing her recently released, new book, “Option B: Facing Adversity, Building Resilience, and Finding Joy.”
Although she is the headliner, Sandberg had a co-author on the project — the incredible Adam Grant, an organizational psychologist, professor and accomplished author in his own right. We were lucky enough to land Adam as this week’s Better Off guest.
Adam, named Wharton’s top-rated professor for five straight years, has already authored two New York Times bestselling books. “Originals” explores how individuals champion new ideas and leaders fight groupthink and “Give and Take” examines why helping others drives our success.
His latest project with Sandberg focuses on resilience and how to use it in everyday life to become better off, a core theme of our podcast.
Life isn’t always a smooth ride and inevitably you’re going to have to deal with some bumps in the road. Whether it’s the loss of a loved one, the loss of a job or a bad financial decision, at some point along the way there are going to be tough times that you will face.
For Sheryl, this moment came after the sudden death of her husband Dave Goldberg. Stuck in a deep void, she felt that she and her children would never again experience joy. It was Adam who helped her realize that there are concrete steps she could take to recover and rebound from the life-shattering experience.
Adam notes that deep down inside all of us, we all have resilience — and combined with a support system, it’s possible for of us to grow and find even greater appreciation in our lives. I think this book with help you prepare for the next hurdle you encounter.
Quick side note…it’s always our goal to get our guests with us in-studio but due to conflicting schedules, we conducted this interview on the phone. Because Adam was so good and the topic so important, we decided the phone shouldn’t stop us from running it. We hope you agree!
“Better Off” is sponsored by Betterment.
You can connect with Adam on Twitter for more advice and tips on how to deal with those unavoidable tough times in life.
This article was originally published on Jill Schlesinger’s LinkedIn.
The opinions stated on the Better Off podcast are those of the host, Jill Schlesinger, and her guests, and not those of Betterment or its employees. Any third party links provided are offered as a matter of convenience and are not intended to imply that Betterment endorses, or is affiliated with the owners of or any information contained on those sites unless expressly stated otherwise. Listen to a preview and subscribe to “Better Off” here.
Using Investment Goals at Betterment
Goal-based investing. The idea is prized among financial advisors—and our team at Betterment—but to the everyday investor, it’s often difficult to put into practice.
How You Can Reach Your Investment Goal—Even When You Veer Off-Track
We highlight all of the intelligent strategies we use to help protect you from market downturns as you approach the target dates for your goals—and discuss the actions you can take if your goals become off-track.
Acceptable Reasons for Holding Unused Cash in Smart Saver
When you aren't yet sure when or how to spend or invest your unused cash, we offer Smart Saver, a managed account designed to handle your extra cash.
Explore your first goal
This is a great place to start—an emergency fund for life's unplanned hiccups. A safety net is a conservative portfolio.
Whether it's a long way off or just around the corner, we'll help you save for the retirement you deserve.
If you want to invest and build wealth over time, then this is the goal for you. This is an excellent goal type for unknown future needs or money you plan to pass to future generations.