Book– The compound effect : multiplying your success, one simple step at a time / Darren Hardy. 2011
Contents: The Compound effect in action — Choices — Habits — Momentum — Influences — Acceleration.
Summary: Explains how decisions can shape one’s destiny and presents principles for guiding achievements in business, relationships, and other areas of life.
The Compound Effect-
inspired by Jim Rohn
Principles for success; slow work
You already know everything you need for success.
Consistency is the ultimate key to success.
His dad never missed a day of work outs. It doesnt matter how smart you are you can make up your dificiantcies by working hard. Discipline be the one who stands out and doesn’t follow the crowd.
Small changes on a daily bases add up to big changes.
(3 million now or a penny that doubles daily at day 31 you will have 10.7 million.)
3 friends #1 Larry
#2 Scott reads a page a day and eats 125 calories less a day.
#3 Brad drinks one drink a day and eats good food +more calories a day.
In the end of 31 months =
Larry = Same
Brad = 61 LBS overweight.
Scott = 30 LBS less weight and because of reading he gets more money and a raise.
Excuses I am clinging to (daily);
• no money (can’t afford it)
• out of shape
• don’t know how
• no income
• no one will hire me for a good job
• I can’t have a successful business today.
• I have nothing to offer for sales or service that will make money today.
You make your choices and then your choices make you. Not making choices is a choice. The sleepwalking choice, these not thinking choices add up. They are a series of small poor choices. Examples getting fat, debt, a clutter filled place, are just a series of small actions. Those unconscious choices are just being mindful of the wrong stuff.
Being mindful of the good! The thanksgivings journal. Listing all the positive little things about a spouse or loved one for one year. Instead of pointing the finger at others, focus on the good in people. Look for things that other people do that touch you and write that down.
Owning it 100 Percent
We are all self made men and women, but only the successful take credit for it. You are personally responsible for your relationships. In relationships you have to be willing to give 100 percent without expectation of receiving anything in return. Otherwise it will always be vulnerable to disaster.
It’s owning the responsibility For all your choices and the way you respond to whatever happens to you. It gives you all the power in your life. You are responsible for what you do, don’t do, or how you respond to what is done to you.
No finger pointing, victimhood, blaming, and expecting others to solve your problems.
Be liberated from past, present, and future victimhood! Take the unlimited power you have to control your destiny.
We are all lucky if you are on this side of the dirt! The lucky ones just take advantage of those “lucky” things in front of them.
Luck is where preparation (personal growth), attitude (belief/ mindset), opportunity, and action (do the effort) come together.
With the right attitude you will start to see all the opportunities coming your way. Taking the action on them is up to you, but fail to take action and you will never be in the game. Always sitting on the sidelines of life. Always on the walls instead of on the dance floor. Luck and life loves participants.
There are countless people who have overcome greater obstacles. Look at Hellen Keller she wrote a book that became a classic. She couldn’t see or hear and she graduated college, wrote at least one book and made her mark on this world. You’ve been dealt a better hand, nothing but action my friend!
Look up his mentor Jim Rohn –
“The day you graduate from childhood to adulthood is the day you take full responsibility for your life.”
Pick one area that I want to be more successful… Less clutter! Where are you now and where do you want to be? Get aware! Aware of the choices. What leads you towards, what leads you away?
Start being conscious of all the little choices that lead you towards and away.
To be aware, track it, yes write down it. If you want to loose weight start tracking the food and exercise. If it’s money and finances track money in and expenses out. If its time, track time. If its relationships track number of conversations or activities spent with loved ones.
Momentum- law of inertia, objects at rest tend to stay at rest unless acted on by an outside force. Couch potatoes tend to stay couch potatoes while achievers tend to achieve more and more. This is due to momentum, it’s the zone of getting those repeated actions done daily. Consistent over a long period of time. So big Mo stays in motion if it stays in motion.
Routine plays a big part in consistent behaviors. This routine has helped phelps in swimming and jack nickolas in golf.
“There simply isn’t any way around it. A daily routine built on good habits and disciplines separates the most successful among us from everyone else. A routine is exceptionally powerful.”
Decide upon what positive behaviors you want and what negative habits you want to subtract.
Morning routine- get up do it — no argument.
Set a time to awaken.
Set a ritual – think about gratitude and abundance – send love someone- to get it you need to give it- some would call this a blessing or a prayer-
Goal- think about it- what can you do today to move closer?
Brew coffee- streatch-
Read (thirty minutes)
Work for one hour undisturbed.
Calibrate appointment 15 min to calibrate goals- to dos.
One year goal – 5 year- top goal for the week- the month.
Set top three MVPs (Most Valuable Priorites) for the day.
What are the top actions that will produce the greatest results moving me closer to my big goals?
Work on MVPs
Good start to a day!
Going to bed routine. – how did your plan go? List carry overs. Log new insights in journal. Read ten pages of inspirational book.
Control the book ends of your day.
Switch up routines so life doesn’t get stale.
Create a rhythm- invite big Mo- like a train in motion it’s hard to stop if your chugging along.
Plan- set it on the calendar- if it’s important to you it needs to be on the calendar or it might never happen.
Date night every Friday
Family day every Saturday
Relationship review Sunday night
Life is simply a collection of experiences; our goal is to increase the frequency and intensity of good experiences.
Do something out of the ordinary that has a heightened experience and creates an indelible memory.
Set quarterly three day excursions.
A New Years Hike and goal set.
A gratitude hike on Thanksgiving
A long drive excursion- photo
Build these into your rhythms your calendar so you don’t have to think about them.
Weekly rhythm register-
“Commitment is doing the things you said you were going to do long after the mood you said it in has left you.”
Don’t kill Big Mo- keep going- the tortes wins the race- progress is key and keep up the routine.
- Input (what you feed your mind)
First rule about input is garbage in, garbage out. What information do you consume? Sitcomes and fear filled news or inspired thinking and uplifting content? Look beyond “lack and attack” and get beyond your brains boilogical programing to look for the scarcity and danger. This is the pool you draw from when speaking and writing so make it good.
What are you thinking about? Is it positive, inspirational, and supportive?
“It’s estimated that Americans (twelve and older) spend 1,704 hours watching TV per year. That averages out to 4.7 HOURS per day. We’re spending almost 30 percent of our waking hours watching TV. Almost thirty-three hours per week—more than one whole day each week! It’s the equivalent of watching TV for two solid months out of every twelve! WOW! And people wonder why they can’t get ahead in life?”
- Associations (the people you spend time with)
Birds of a feather flock together. Dr. David McClelland of Harvard says your “reference group” determines as much as 95 percent of your success or failure in life. Jim Rohn taught that we become the combined average of the five people we hang around with the most. (that’s health, wealth, and attitude and thinking) The influence your friends have over you is subtle and can be positive or negative; either way, the impact is incredibly powerful. Watch out! You cannot hang out with negative people and expect to live a positive life.
Who are your five? Are they positive, wealthy, healthy, wise, good conversationalist? Is this where you want to go?
Shift your associations into three categories: dissociations, limited associations, and expanded associations.
- Dissociations- If you wouldn’t let your kids hang with um, you ought not as well.
- Limited Associations- Spend time with but limited amount of it. You know your threshold with these people, don’t go over the amount of time you can stand. Don’t spend three days with a three hour person or five hours with a five minute person.
- Expanded Associations- Reach out with those who have positive qualities in areas of life you want to improve. The areas could be financial, business success, parenting, relationships, lifestyle, ect. Spend more time with them.
- Join organizations
- Listen to there speeches, interviews, and podcasts.
- Read their books, blog, and e-books. Take advantage of all the resources that you can.
Who has the type of relationship I want? Befriend the person you think is the biggest success in your field.
Find a Peak Performance Partner. Someone who is just as committed and interested in personal growth as you. This person should be someone you trust and can be bold enough to tell you what they really think, an unbiased, honest , outside perspective.
Discuss weekly wins, losses, fixes, ah-has, and plans for growth. Knowing you will be accountable for your actions will keep you committed.
As a partner record losses and struggles to keep accountability. This forces you into thinking of your big wins and losses for the week. You then can be mindful of your life and aware of what you acctually are doing. It forces you to bring ah-has and wins to the table so you are winning and thinking of ypur ah-ha moments on a weekly bases. The mind has a tendacy to forget the small successes and small ideas but compounded over time these are the secret sauce so never let awareness of these moments slip from you unconsciously.
- How do I show up to you?
- What do you think my strenghths are?
- In what areas do you think I can improve?
- Where do you think I sabotage myself?
- What is the one thing I can stop doing that would benefit me most.
- What’s the one thing I need to start doing?
Invest in a Mentorship
You’re never to good for a mentor. To hire and have a coach is a great investment. The most successful people hire coaches.
—it should not take a lot of there time
“Mentoring is your true legacy. It is the greatest inheritance you can give to others. And it should never end. It is why you get up every day. To teach and be taught.”
A two way street.
“An individual needs to be open to being mentored. It is our responsibility to be willing to allow our lives and our minds be touched, molded, and strengthened by the people who surround us.” ~ John Wooden
Board of Advisors
“Never ask advice from someone you wouldn’t want to trade places.”
- Environment (your surroundings)
Sometimes you have to get out of your environment to grow, to have your dreams fulfilled. Like an oak tree in a pot it can’t grow fully till it has room to grow.
Clear out clutter in your life- to make your environment rich for growth. Not just physical clutter but also psychic clutter. Get rid of things that don’t work and are broken. Get rid of incomplete things that sap your energy. “Every incomplete promise, commitment, and agreement saps your strength because it blocks your momentum and inhibits your ability to move forward. Incomplete tasks keep calling you back to the past to take care of them.”
You get in life what you tolerate or you will get what you accept and expect you are worthy of.
If you tolerate disrespect, you will be disrespected. If you tolerate people being late and making you wait, people will show up late. If you tolerate being underpaid and overworked, that will continue for you. If you tolerate being overweight, tired, and in pain, it will be.
Set a high standard and people will treat you at that standard.
Moments of truth “There is a point in every race when a rider encounters his real opponent and understands that it’s himself.” ~ Lance Armstrong
“It’s not getting to the wall that counts; it’s what you do after you hit it.”
It is that extra effort after you have done your best that is the difference maker. That is how you win. Hitting the wall isn’t an obstacle; it’s an opportunity.
When conditions are great that’s when everyone does great but when situations are difficult, that’s when you can prove your worthiness for progress. As Jim Rohn would say, “Don’t wish it were easier; wish you were better.”
Hitting the wall Is an opportunity to separate yourself from your old self, scaling that wall, and finding your new powerful, triumphant, and victorious self.
Multiplying your results- a little more effort can exponentially add to your outcomes.
If you liked the notes on this book let me know what you thought by letting me know in the comments below. Thanks!