In the above scenario, if you choose the 2nd option, you might not see any significant improvement in the first few weeks because the compound effect takes so much longer to see the payoff i.e., by day 31, you have more than three times than the 1st option has offered.

The Compound Effect By darren Hardy - Academia.edu The Compound Effect By darren Hardy - Academia.edu

Swap It: Attempt to replace, delete, or swap these worst habits with less harmful or healthier alternatives.If you create goals for yourself that have friction with your values, you’re going to self-sabotage or feel guilty about your progress. For example, if your family is a high priority, but you set high financial goals for yourself then there is friction between those two goals. (Note: this is basically identity-based habits. You can’t have friction between your identity and your goals.) Another case study that Hardy references is from the life of Dave Ramsey. Ramsey, a financial expert, believes in the compound effect and has built his entire financial empire on this principle. Ramsey advises people to pay off small debts first, as it creates momentum towards bigger goals. By paying off small debts consistently, people can gain the confidence and momentum needed to pay off larger debts eventually.

The Compound Effect by Darren Hardy, PSV Kumarasamy - Waterstones The Compound Effect by Darren Hardy, PSV Kumarasamy - Waterstones

We are habitual beings, as research shows that “95 percent of everything we feel, think, do, and achieve is a result of a learned habit.” We are born with instincts, but with enough repetition, good or bad behaviors become automated unconsciously in our habits. The most successful people consciously form positive habits to their benefit to be more knowledgeable, capable, and prepared. Avoid Instant Gratification The difference between the number one golfer and number ten golfer is just 1.9 strokes. The difference prize money is huge. Attitude – your belief or mindset of reframing all situations, conversations, and circumstances as positive and fortuitous

Review of The Compound Effect PDF Book by Darren Hardy

The compound effect is the strategy of reaping huge rewards from small, seemingly insignificant actions. It is also important to take things slowly. Work everyday and without burning out, you will have the compound effect giving you the biggest momentum in a few years time. I loved the idea of The Compound Effect. It rings so true. The little decisions you make and habits you have amass into life-altering results as they're compounded over years. It’s a fascinating book that explains the power of small consistent actions to achieve big results. In this book, Hardy explains that success is not an overnight phenomenon but rather the result of the small choices we make every day. It’s crucial to avoid becoming dismayed when you don’t see immediate effects, and to ensure you keep generating good results.

The Compound Effect eBook | Aaron Rosales - Academia.edu (PDF) The Compound Effect eBook | Aaron Rosales - Academia.edu

Be patient. You’ve spent years repeating bad behaviors. It’s going to take years to build good ones.The first step toward change is awareness. The best way to become aware is to measure. Writing it all down is key. Think Addition, Not Subtraction: Choose positive actions to “add-in” to enrich and replace your negative actions.