Using the power of compounding to succeed

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Hello everyone,

I recently read the book "The Compound Effect" by Darren Hardy and wanted to share my thoughts about it. Darren explains that we can implement the power of compounding into our lives - outside of just personal finance.

Here were my main take-aways:

1) Most people quit when they face obstacles or challenges. Learning or mastering anything takes time and too often people give up - often times, right before a breakthrough is due.

2) Our choices & habits will determine our life's success. People obviously want a bodybuilder physique in 2 weeks and want to become the next Bill Gates overnight but those that put in work consistently and learn to develop positive habits (Ex. reading) will see results.

3) We need to be mindful of the influences around us. Darren explains this can apply to the information we consume (Ex. News, books), our thoughts and the people we surround ourselves with.

4) After we practice a life of implementing positive habits and discipline, our efforts will pay off. Usually this follows an exponential line where there is very little progress in the beginning and then explosive growth is achieved. Very few people are great at something right away - but after the research, practice and trial & errors - people can become very successful.

5) Success does not come overnight! What seems like luck or an overnight success - there has been work and training involved. This was a good challenge for me, to reconsider how success works.

This book was a very quick read and had some good examples.

If you'd like to watch a quick summary that I created about this book, here is the link:
https://www.youtube.com/watch?v=QsFQm_BtoLA
What's a habit you implemented that really changed your life?

- CS
#mind warriors #compounding #power #succeed
  • I also read the book. It was indeed a good and well written one. Kudos to the author.

    It is such an empowering and enlightening kind of book. A must recommend.

    And you did a great review of the book. Good job to you also.
    • [ 1 ] Thanks
    • [1] reply
  • I read this book before going on to read the snowball (Warren Buffets biography). It really helped to illustrate a few important points.

    My morning ritual probably has the most profound compounding effect in my life. It pushes me further in my work and in my personal development. Each day I feel that much better from it and I move that much closer to completing my goals.
    • [1] reply
  • Compounding principles also apply to CONTENT you create

    Create a great piece of content

    Promote it. Figure out your audience response and work with your audience to promote it further.

    By simply working with your audience, you compound your content's reach.

    Don't simply publish and pray.

    That doesn't work.
    • [1] reply
    • Thanks for the great advice! I'll take that into consideration. That makes sense.
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