Compound Effect is based on the principle that decisions shape your destiny. Little, everyday decisions will either take you to the life you desire or to disaster by default.
“The Compound Effect is the principle of reaping huge rewards from a series of small, smart choices.”
“Small, Smart Choices + Consistency + Time = RADICAL DIFFERENCE”
Daren Hardy the author of Compound Effect explains the principle through following ideas
a. A single penny that doubles every day for 31 days has a larger payoff than taking $3 million in cash today.
b. Or take three friends who start off in relatively the same place—one makes no changes (good or bad), one adds a weekly beer to his diet and watches TV on his downtime, another makes some small changes like eliminating 200 calories a day and reading 10 pages of a good book daily… Which of these three people do you think end up in a better place two years down the road?
Choices are at the root of every one of your results. Each choice starts a behavior that over time becomes a habit.
The most challenging aspect of the Compound Effect is that we have to keep working away for a while, consistently and efficiently, before we can begin to see the payoff.
Source: “The Compound Effect” by Darren Hardy