Compound Effect - Deepstash
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Diverse And Inclusive Workplaces

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Compound Effect

Compound Effect

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.

632

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DARREN HARDY

“A daily routine built on good habits and disciplines separates the most successful among us from everyone else.”

DARREN HARDY

626

2.89K reads

Choices

Choices

Always remember that - 

Luck = Preparation + Attitude + Opportunity + Action

Now - 

  • Identify the one area of life you’re struggling most with and start journaling all the things you’re grateful for about it.
  • Identify and assess an area of life you w...

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Influences

Influences

  • Identify the influence of media and information on your life. Identify ways to protect it from the negative and fill it with positive information.
  • Evaluate your current associations. Which must you stop or limit? How will you expand your (good) associations?
  • ...

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Acceleration

Giving a little more energy or thought to your efforts won’t just improve your results, it will multiply them.

  • Identify times when you hit your moments of truth and commit to pushing through them when you next get there.
  • Find three areas in your life where you ...

587

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DARREN HARDY

“Allow yourself to go and do it wrong. Don’t expect to always get it right. It will prevent you from doing anything.”

DARREN HARDY

699

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DARREN HARDY

“You can only control two things in life: Your attitude and your actions.”

DARREN HARDY

604

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Eliminating Bad Habits

Eliminating Bad Habits

  1. Identify your triggers.
  2. Eliminate those TRIGGERS from your Environment. 
  3. Substitute with a REWARD that has the same effect 
  4. Either: Ease into your new reward – (if No.3 doesn't work) some habits are e...

624

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DARREN HARDY

“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.”

DARREN HARDY

624

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DARREN HARDY

“Step by step, day by day, your choices will shape your actions until they become habits where practice makes them permanent.”

DARREN HARDY

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Creating Momentum

  • Create a good evening and morning routine.
  • List three areas of life where you’re not consistent enough. What has this cost you? Decide to be consistent from now on.
  • Create a habit register and write down a half-dozen key behaviors (which may be beneficial in the future).

598

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DARREN HARDY

“You alone are responsible for what you do, don’t do, or how you respond to what’s done to you.”

DARREN HARDY

586

1.76K reads

DARREN HARDY

“Consistency is the key to achieving and maintaining momentum.”

DARREN HARDY

598

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Actionable Steps

Actionable Steps

  • Decide to take full responsibility for your own life – even if you can’t explain how you got here.
  • Write down 6 seemingly inconsequential positive steps you can start doing daily (like reading books).
  • Identify 6 seemingly inconsequential negative actions you can put a stop to...

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DARREN HARDY

“You make your choices, and then your choices make you.”

DARREN HARDY

602

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Creating Good Habits

Creating Good Habits

  1. Start Strongly – start with a strong WHY
  2. Set Yourself Up to Succeed – eliminate distractions
  3. Think Addition, Not Subtraction – focus on what you will get not what you lose.
  4. Make a Public Commitment 

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CURATED FROM

CURATED BY

ssuman24

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.

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The Compound Effect

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.” Compounding requires enormous amounts of patience.

For example: Would you rather have (A) $3 million upfront or (B) one penn...

The Compound Effect

The Compound Effect

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.

The Compound Effect

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.”

Compounding requires enormous amounts of patience and ...

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