Compound Action

Compound Action

Every financial planner will tell you that Compound Interest is your friend. Compound interest works on the basis that you earn interest on the interest, as well on the original amount of money that you invested. Well, Compound Action works in pretty much the same way. Your action builds on itself to compound into a powerful change. The more action you invest toward your goals, the bigger and better the results will be.

Small actions, taken consistently, will reap great rewards. I am a believer that it is the consistent daily actions that will create the biggest results. People tell me that they don't have enough time to do things differently. The good news is you don't need a lot of time, and you don't have to do things a whole lot differently. As I am fond of saying, "If you can't do a lot, do a little." The key is committing to doing the action every day. It is this consistent daily action that will compound your results. For example, let's say you committed to waking up 15 minutes earlier than your usual time. In one week, you would have an additional 105 minutes, or an extra hour and forty-five minutes during the week. Multiply that by 52 weeks in the year and you now have 5,460 extra minutes, or 91 extra hours. If you used that extra time to read one book a month, you could read 12 new books in a year. After ten years, you will have read 120 books. The idea here is that th!
e small things add up. It doesn't take a lot of time or a lot of extra effort. By taking small actions consistently, you will make big changes over time.

Coaching

Small actions, taken over time, make the biggest differences. Each action builds on the previous one to create a big change. Don't worry that you don't have a lot of time. You don't need it. Just do one action a day and commit to doing it for at least one month. The results of the compound action will amaze you.

Coaching Question

How will you invest in your compound action today?

Live the Day

Today, commit to doing one small action every day for at least one month. At the end of 30 days you will be 30 steps closer to your goal!

Quotes

"Knowledge and productivity are like compound interest. The more you know, the more you learn; the more you learn, the more you can do; the more you can do, the more the opportunity. I don't want to give you a rate, but it is a very high rate. Given two people with exactly the same ability, the one person who manages day in and day out to get in one more hour of thinking will be tremendously more productive over a lifetime." Richard Hamming