Summarised Offline Books

The Compound Effect

The Compound Effect
(Multiplying Your Success. One Simple Step at a Time.)

- Darren Hardy

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No matter what you learn, what strategy or tactic you employ, success comes as the result of the Compound Effect.

The Compound Effect is the operator's manual that teaches you how to master the system. When you do, there is nothing you can't obtain or achieve.

The Compound Effect is the principle of reaping huge rewards from a series of small, smart choices. With enough time and consistency, the outcomes become visible.

Here's the bottom line: You already know all that you need to succeed. You don't need to learn anything more. If all we needed was more information, everyone with an Internet connection would live in a mansion, have abs of steel, and be blissfully happy. New or more information is not what you need—a new plan of action is. It's time to create new behaviors and habits that are oriented away from sabotage and toward success. It's that simple.

C1: The Compound Effect in Action

One of Dad's core philosophies was, "It doesn't matter how smart you are or aren't, you need to make up in hard work what you lack in experience, skill, intelligence, or innate ability. If your competitor is smarter, more talented, or experienced, you just need to work three or four times as hard. You can still beat them!" No matter what the challenge, he taught me to make up in hard work for wherever I might be disadvantaged.

One of his philosophies is, "Be the guy who says 'no.' It is no great achievement to go along with the crowd. Be the unusual guy, the extraordinary guy."

Small, Smart Choices + Consistency + Time = RADICAL DIFFERENCE

Believing that the other person is wrong rather than looking inside and doing the work necessary to clean up your mess is basic Psychology 101 stuff.

C2: Actions

Our choices can be our best friend or our worst enemy. Think about it. Everything in your life exists because you first made a choice about something. Choices are at the root of every one of your results. Each choice starts a behavior that over time becomes a habit. Every choice has an impact on the Compound Effect of your life.

Your life is the product of your moment-to-moment choices.

You have to be willing to give 100 percent with zero expectation of receiving anything in return. Only when you're willing to take 100 percent responsibility for making the relationship work will it work. Otherwise, a relationship left to chance will always be vulnerable to disaster.

You alone are responsible for what you do, don't do, or how you respond to what's done to you.

No matter what has happened to you, take complete responsibility for it—good or bad, victory or defeat. Own it. My mentor Jim Rohn said, "The day you graduate from childhood to adulthood is the day you take full responsibility for your life."

The (Complete) Formula for Getting Lucky: Preparation (personal growth) + Attitude (belief/mindset) + Opportunity (a good thing coming your way) + Action (doing something about it)

The biggest difference between successful people and unsuccessful people is that successful people are willing to do what unsuccessful people are not.

Why is Journal – tracking important? You cannot manage or improve something until you measure it. Likewise, you can't make the most of who you are—your talents and resources and capabilities—until you are aware of and accountable for your actions.