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……. 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 faith.
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MORE IDEAS ON THIS
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“If you want to sail your life in a new direction, you have to first pick up the anchors of bad habits that have been weighing you down.”
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“ You will never change your life until you change something you do daily. The secret of your success is found in your daily routine.”
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Would you rather have (A) $3 million upfront or (B) one penny that doubles in value every day for 31 days?
Choose any one!!
To maximise your gains, the correct answer is (B). But it doesn’t happen quickly. After 19 days you’d still only have $5,243 and you might feel pretty foolish ne...
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Luck = Preparation + Attitude + Opportunity + Action
Preparation: Personal growth
Attitude: Beliefs and Mindset
Opportunity: Things coming your way
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“Step by step, day by day, your choices will shape your actions until they become habits, where practice makes them permanent.”
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CURATED FROM
"A good idea should be like a girl's skirt; long enough to cover the subject and short enough to create interest."
You make choices, then choices make you !
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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.
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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 “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 ev...
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