“Your wish my command,” says the Genie when the one who holds the magic lamp reveals his desire. Then his wish is granted in a flash. In another fairy tale, the Fairy Godmother sprays some magic dust from her magic wand to make someone lose weight, gain strength, or fulfill a dream.
At least in my life I have never had any genie or fairy godmother show up with a promise of giving me what I want, without putting forth my own effort. However, there is a secret formula that guarantees success. This formula has been tried and tested over years and almost every winner backs it up.
If you have ever made plans and failed miserably to shed those extra pounds, acquire that new skill, upgrade your education, learn a new language or even become a master of what you do/want to do, then this formula is the ultimate solution for you.
The Compound Effect: This is about taking action consistently over a period of time to achieve your goals. Darren Hardy suggest a formula for this:
Smart Choices + Consistency + Time = Radical Difference
He explains this with an example. Suppose you have two choices: 1) You can get $3 million in cash today or, 2) you get a penny and double it every day for 31 days. Which one would you prefer? If you take that $3 million today and someone else takes the other option, it feels awesome on day one, when you get $3 million and the other guy gets 1 penny. Now, let’s fast-forward the same process to 31st Day. On this day you would have what’s left of your $3 million and the other guy would receive $10.7 million. That’s the power of compound effect.
The same principle can give us the results that we desire if we are willing to put forth effort every day consistently over a period of time and watch it compound. While doing this, you might feel that it is tiring and monotonous, but that’s part of this process. You wouldn’t feel like a hero in the start, but at the end of the entire process you certainly would be a hero.
Let me share a 3-step process that continues to help me achieve my goals:
Let the compound effect shape a better future for us. What do you think?