The Compound Effect


The Compound Effect

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.
Build Momentum
  • 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?
Conclusion
  • Motivation without action leads to self-delusion.
  • Learning without execution is useless.
  • Focus energy on giving to others and helping others.
Advertisements

One thought on “The Compound Effect

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s