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“Allow yourself to go and do it wrong. Don’t expect to always get it right. It will prevent you from doing anything.”
695
5.6K reads
The Compound Effect “is the principle of reaping huge rewards from a series of small, smart choices,” made consistently, over a long period of time.
For example, would you rather have (A) $3 million upfront or (B) one penny that doubles in value every day for 30 days?
If you have taken option (B) then -
Day Money you have ($)
1 0.01
2 0.02
.
.
.
15 327.67
.
.
.
27 1,342,177.27
28 2,684,354.54
29 5,368,709.08
30 10,737,418.16
You can able to see the change after 28 days. It's the power of Compound Effect.
630
898 reads
“The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge.”
622
3.47K reads
“A daily routine built on good habits and disciplines separates the most successful among us from everyone else.”
623
2.88K reads
“Step by step, day by day, your choices will shape your actions until they become habits where practice makes them permanent.”
619
2.46K reads
681
2.23K reads
Always remember that -
Luck = Preparation + Attitude + Opportunity + Action
Now -
665
1.82K reads
621
1.67K reads
632
1.34K reads
596
1.34K reads
569
1K reads
“You alone are responsible for what you do, don’t do, or how you respond to what’s done to you.”
583
1.74K reads
Giving a little more energy or thought to your efforts won’t just improve your results, it will multiply them.
585
1.18K reads
A learner who loves to share wisdom on personal growth, happiness, and success on Deepstash. Topics include motivation, habits, goals, and mindset. Believes that everyone can achieve their dreams with the right attitude and action.
Curious about different takes? Check out our The Compound Effect Summary book page to explore multiple unique summaries written by Deepstash users.
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