MORE IDEAS FROM THEBOOK
Giving a little more energy or thought to your efforts won’t just improve your results, it will multiply them.
“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.”
Always remember that -
Luck = Preparation + Attitude + Opportunity + Action
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) $3 million upfront or (B) one penny that doubles in value every day for 30 days?
If you have taken option (B) then -
Day Money you have ($)
You can able to see the change after 28 days. It's the power of Compound Effect.
“Allow yourself to go and do it wrong. Don’t expect to always get it right. It will prevent you from doing anything.”
“You can only control two things in life: Your attitude and your actions.”
“Consistency is the key to achieving and maintaining momentum.”
“Step by step, day by day, your choices will shape your actions until they become habits where practice makes them permanent.”
“You make your choices, and then your choices make you.”
“A daily routine built on good habits and disciplines separates the most successful among us from everyone else.”
SMALL, SMART CHOICES + CONSISTENCY + TIME = RADICAL DIFFERENCE
The Compound Effect is the principle of gathering huge rewards from a series of small, smart choices. Small, seemingly insignificant steps completed consistently over time will create a radical difference.
Assume I gave your friend $3 million, and I asked you to save a penny for a month, with it slowly doubling each day. Which would you pick?
If you’ve come across this gambit before, you know picking the penny is the right option. Yet, why is it, in reality, a decision like this would be so hard to make? On day ten, you have $5.12 while your friend is still in the millions. Day 20, you’re still stuck with $5,243.
The real magic happens on day 29. You have 3million dollars, and your friend may have spent half his cash. Day 30, you have $10,737,414.24
This is the magic of the compound effect.
By thinking big, what’s now called “10x” thinking, you can do great, huge things, so long as you believe in yourself and follow through on the pursuit of those huge goals.
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