One book I keep referring back to over and over again is The Compound Effect by Darren Hardy.
It has been out for a few years now and was on the New York Times best-seller list when it was first released.
I found the lessons shared in the book to be very valuable so I’d like to share my quick review of the book.
Darren Hardy identifies two main challenges people face when it comes to achieving goals.
- The hype around personal success or achievement today – the sooner we can give up the idea of instant success or having a quick fix solution for most things, the better off we’ll be.
- People have a tendency to sabotage their success. Most of it is unintentional but when people don’t make positive choices consistently over the long term, they lose momentum and fail to achieve their desired success.
The Compound Effect is the principle of reaping massive rewards from a series of small, smart choices. Over time, while the results may be massive, the actual steps, in the moment, may not seem significant. It is these small, seemingly insignificant steps executed consistently over time that will create a huge difference.
The Compound Effect can be described by this equation:
Hardy covers six main concepts in his book. They are:
- The Compound Effect in Action
The essence of the book is this: Since everything you experience in life is a result of your moment-to-moment choices, you have incredible power to change your life by changing those choices. One choice at a time, your choices will shape your actions until they become habits, and then practice will make these habits permanent.
Nothing kills the Compound Effect quicker than a lack of consistency. Anyone who consistently applies positive habits and behaviours over time, will achieve a greater level of success than someone who falls short when it comes to consistently applying positive habits and behaviours.
Remember this quote by Aristotle: “We are what we repeatedly do!” The Compound Effect is always working so use it to your advantage.
I recommend getting a copy of The Compound Effect by Darren Hardy if you haven’t got a copy!
Question: How are you using The Compound Effect to your advantage?
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