Success is a long and steady journey, not a get rich quick journey. Many of us living in today’s world want to achieve and have everything right away. With technology changing the way we access information and the instant gratification it brings, we have to slow our role and look closely into what will actually cause success. The Compound Effect is the perfect system that will lead you to success as long as you follow its teachings and don’t stop.
Before I get into the what the Compound Effect is, let me mention that this article was inspired by the book “The Compound Effect” by Darren Hardy. There will be a couple links to it throughout this article and I highly recommend you check it out and give it a read. As it will go into more details and truly help you reach success.
Now, what is the compound effect? It basically is a way of living, where everyday you are doing small tasks that will continue to build on top of each other every single day. Though it might have a slow start and slow momentum starting out, eventually it will start hitting levels that you never imagined possible. In Darren’s words “Reaping huge rewards from a series of small, smart choices”.
A great way to look at this would be to compare it to the penny example. This example gives you an option to either receive a million dollars in one month or a penny doubled every day for 30 days. Now most people would look at this and want the million dollars, but let’s see how the compound effect works on the penny that is doubled every day.
In day 1 you would receive a penny, the second day two pennies. Now by day 10 you would have $5.12 and in 15 days you would have $163.84. So now you might be thinking, hey it’s already half way through the 30 days and I am still very behind, there is no way I can reach a million dollars. Well by day 20 you now have $5,242.88 and as we reach day 28 we would have $1,342,177.16. Wow we just surpassed the million dollars and we still have 2 more days to go. Well here’s were the real magic happens, on day 30 you would have $5,368,709.12 dollars instead of the million.
After 30 days of doubling your amount you will have surpassed the million dollars and have earned about 4 million dollars more. This is the power of compounding and that is what makes the compound effect so powerful. Even though it took about 20 days before it really started to make an impact, the next 10 days were increases in huge increments. The same can be said about your success and life if you follow the compound effect live style.
So how do you use the compound effect and get the most out of it. This part is what makes me love the compound effect so much. It has a very simple formula to follow. Everyday, and I mean everyday, make small smart choices + consistency + time to equal radical change in your life.
Sounds too good to be true right? Well that is the compound effect in all its glory. It is as simple as constantly completing small tasks and making smart choices every single day with consistency and time. Which will eventually compound to a point where you will reach day 30 and go beyond. It might take a couple years to get to that point, but when you do, you won’t ever regret the time it took you.
Your expansions will be jumping in increments that will seem almost superhuman in other people’s eyes. This is the power of the compound effect. Now that we have this simple formula to follow, let me end this article off by telling you a secret way to accelerate your results even more.
How awesome would it be if we could shorten the timeline and make your compounding effect ever better? This one single step is just as simple as the formula for the Compound Effect, and that is to just do a little more. That’s right, just do a little more than you planned to do and have been doing. Just like in the gym, when you are at your max, keep going and rep out a few more. This small step will accelerate your results and cause you to grow even faster.
Though this is a simple step, be careful how you use it. Though doing a little more will accelerate your results, make sure that you are not doing so much that you end up exhausted and overworked. This will lead you to slow down and possibly even stop. Which will have made all your efforts in vain. More on this in a bit. Therefore, instead of doing something extra every single day and for every single thing, pick a couple areas in your life that need a bit extra and once in a while do it.
Don’t forget that you are still in the compound effect and it will still take time for you to reach the huge compounding levels, the only thing that adding a little more does to your compounding is accelerate it a bit.
Now before I end, I do want to talk a little bit about the one thing to watch out for. Though you might be excited right now and want to start using the compound effect right away while also doing a little extra, make sure you can handle it. The reason for this is because if you stop, even for a single day, you will lose all momentum and start from the beginning.
The effort that it takes for you to keep starting and stopping will make your trip 10X longer and you will end up running out of fuel before you even reach the huge compounding curve. That is why the formula includes consistency and time. It will take time, even with acceleration. Don’t get discouraged if you don’t see results for 5 months or even a year. It might take you 18 months to 2 years before you start seeing the effect of compounding, but from there it will only get better and better. Once you hit your curve and start compounding, you will become superhuman.
Like I mentioned in the beginning of this article, please check out “The Compound Effect” by Darren Hardy. If you want to truly understand the compound effect and start multiplying your efforts, you will need to get his book and read it over and over again.
With that being said, check out The Mech Nation on Facebook, as the group’s filled with people that are compounding their lives and aiming for success. Also please let me know what you thought about this Article and look out for my video on this article, as I will go into more details and help you jumpstart your income, life and success.
