The Compound Effect written by Darren Hardy is an excellent book that summarizes success principles for super achievers in an inspiring and easy to read book. His book is riddled with praise from several success experts including Jack Canfield, T. Harv Eker, and Mark Victor Hansen acknowledging his work. Hardy, as publisher of Success Magazine, has amalgamated several foundational principles for success and added a time component to accentuate The Compound Effect.
The basic concept is taken from the financial world. The bottom line? Invest early and let compound interest work for you over time. It is a very simple concept that few take advantage of. Stephen Covey laid some of the ground work for this book in The Seven Habits of Highly Effective People where he expounds upon choice, values, behaviors, and habits. Hardy cleverly weaves these ideas into his book emphasizing how incremental positive changes over time create great results.
He summarizes the above principles with this formula:
You ==> Choice + Behavior + Habits + Compounded = Goals
In this book you will find strategies on how to achieve your goals even if your competitors are are smarter, more talented, and experienced than yourself. He is very positive and empowers the reader toward success. In the section about choices and habits he gives practical advice on how to eradicate bad habits that are derailing your progress. Applying these disciplines (which are not hard or big changes) over time will yield major breakthroughs over time. There are no silver bullets. Individuals simply must realize that choices they make today will impact who they become in the future. He shares on how to get yourself to do things that you don’t want to and leverage the forces of momentum and acceleration in your life. He also shares great insights on how to get connected with influences that will help you advance forward.
For people who want to make a difference and achieve great things, you’ll find this book inspiring and practical. In the appendix he has some tools where you can help you get kick started on your journey. If you apply these principles and develop a few simple yet powerful habits, you can catch a fire like Hardy and become unstoppable.
The Compound Effect is a quick read that is worth the investment.
Momentum is a precious commodity in the world of managing your energy and advancing forward. We need to keep our momentum going because it will advance faster, give you a sense of confidence and will enable you to focus on those things that are most important. You can leverage your momentum to help you overcome obstacles and hindrances as well.
Momentum is a force or speed of movement; impetus. The word is derived from the moment. When our lives have positive momentum, we are able in live in the moment and the direction we are headed in propels us forward. Developing momentum in our lives is crucial to our advancement and development. If our relationships, career and businesses are at a standstill, stagnation can occur and you will likely feel unfulfilled and unhappy.
It’s a great feeling when you experience positive momentum in a relationship or with a project. When I see my wife developing sales momentum, it is as though she is unstoppable. In contrast, I can’t stand the stops and starts that never seem to get off the ground when I am developing a new idea or product. Although they may be necessary, I don’t like interruptions and the energy that is wasted.
Blaise Pascal was a French mathematician, physicist and philosopher who believed that having momentum in your work was critical to success. A person without work – motion – was not effective and was incomplete.
He stated the following:
“Our nature consists in motion; complete rest is death….Nothing is so insufferable to man as to be completely at rest, without passion, without business, without diversion, without study. He then feels his nothingness, his forlornness, his insufficiency, his dependence, his weakness, his emptiness. There will immediately arise from the depth of his heart weariness, gloom, sadness, fretfulness, vexation, despair.”
That is quite a contrast between motion and being at rest. Rest does have its place in our lives, but if you get too much rest you will likely get bored out of your mind or become lazy. So we must embrace the forward motion of our lives.
Here are some thoughts about momentum that will help you move forward.
- Take a step back and assess where you are at. If you are not advancing, you may be experiencing the negative effects of stagnation. Be honest with where you are at. Take a look at your life from different time periods: eg. A week, month, 3 months, 6 months, 1 year, and 5 years. What has your momentum looked like over those different time periods? Were you in the flow or in a continuous interrupted state? Ask why a few times to find what the root cause was. See if you learn something and make a change that works for you.
- It is easier to keep something moving than getting it moving from a stand still. What is in motion tends to stay in motion if you tend to it.
- Multiple starts and stops can consume a lot of energy. Count your momentum as sacred and keep it moving at all costs. Sometimes all it takes are a few inputs.
- Having momentum doesn’t mean you are focusing on the best activities and that you are being productive. Don’t think that having momentum will automatically make you successful. You still need strategy based on what is important to you.
- When you connect your work and relationships to your core values, you will enjoy the journey more than ever. Momentum has great merits when this happens.
- If you have momentum and it is not moving in the ideal direction, remember that it you steer a sailing ship, not one that is at port. Leverage your motion to navigate. You will eventual arrive at your destination.
- Connect with people who encourage you. Encouragement, gives us courage and strength to overcome obstacles and resistance. It can create a tipping point get things moving.
- Don’t get stuck waiting for the perfect to come or for a big break. Fear has many different forms that can paralyze us. Do something related to your goal or objective to break through the stagnation inertia.
Keep the momentum in your life going. There will be stops and starts and unexpected turns. When you are advancing forward, pay attention to what it takes to keep things moving. Stay connected to those things that are important to you. Positive momentum can propel you to your next level.