The Compound Effect shows how small actions can have massive results in the long-term and lays out strategies on forming these actions.
Make a Choice
- Don’t be on autopilot.
- Be intentional.
- Make decisions and know why you are doing them.
- You are 100% responsible for your actions. Track them.
- You can’t improve what you can’t measure.
- Luck = Preparation + Attitude + Opportunity + Action.
Develop Good Habits
- We are what we do.
- Habit building is more effective with why-power or a purpose.
- Achievement without fulfillment is still failure.
- Write down your goals and make plans to accomplish them.
- Identify bad habits by removing anything that enables you or try substituting the behavior.
- Think about new habits as additive to your life.
- Not what you can’t do (I can’t watch tv), but what you can do (I can read and learn).
- Make yourself accountable and find a success buddy.
- Understand that habits take time and change is hard.
- It is harder to get moving initially, but easier once you get started.
- Design a system of execution and routines.
- Control how your day starts and ends.
- Change it up.
- If everything is routine, life will become stale.
- Try something new once a month, quarter, or year.
- Try to get into a rhythm but plan ahead as well.
- Track your progress.
- Ease into it.
- Taking on too much is not sustainable.
- Consistency is the most important.
Find Positive Influences
- Your brain is influenced by inputs, associations and the environment.
- Feed your brain productive, creative, and inspirational things.
- The brain is wired for survival not happiness so it will focus on the negative.
- Avoid the news as it is generally not additive to your life.
- Listen and learn during your commute (audiobooks).
- The people you associate with defines you.
- Find a peak performance partner.
- Invest in mentorship.
- It doesn’t need to take a lot of your time, but be open-minded.
- Develop a personal board of advisers.
- Put yourself in a position/environment to succeed.
Accelerate your progress
- Hitting the wall is an opportunity so push past it.
- It is the extra effort that makes a difference.
- Beat expectations.
- Do the unexpected.
- Typically the extra effort doesn’t cost that much more.
- Pushing yourself in this manner will multiply your results.
- Where can you do extra, beat expectations, or do the unexpected?
- Motivation without action leads to self-delusion.
- Learning without execution is useless.
- Focus energy on giving to others and helping others.