The Compound Effect by Darren Hardy

Chapter 1: THE COMPOUND EFFECT IN ACTION

The Compound Effect is the principle of reaping huge rewards from a series of small, smart choices.

Small, Smart Choices + Consistency + Time = RADICAL DIFFERENCE

The reality is that even one small change can have a significant impact that causes an unexpected and unintended ripple effect.

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.

Your only path to success is through a continuum of mundane, unsexy, unexciting, and sometimes difficult daily disciplines compounded over time.

Chapter 2: CHOICES

After that grand entrance, the life we end up with is simply an accumulation of all the choices we make.

You make your choices, and then your choices make you.

If I always took 100 percent responsibility for everything I experienced — completely owning all of my choices and all the ways I responded to whatever happened to me — I held the power. Everything was up to me.

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

The day you graduate from childhood to adulthood is the day you
take full responsibility for your life.

Become very conscious of every choice you make today so you can begin to make smarter choices moving forward.

At any given moment, I want you to know exactly how well you’re doing. I’m asking you to track yourself as if you’re a valuable commodity. Because you are. I’m asking you to start tracking. Doing so will revolutionize your life, and ultimately, your lifestyle.

Chapter 3: HABITS

With enough practice and repetition, any behavior, good or bad, becomes automatic over time.

Assuming willpower is what you need to change your habits is akin to trying to keep a hungry grizzly bear out of your picnic basket by covering the it with a napkin.

Your choices are only meaningful when you connect them to your desires and dreams.

If you are not making the progress that you would like to make and are capable of making, it is simply because your goals are not clearly defined.

If you really want to maintain a good habit, make sure you pay attention to it at least once a day, and you’re far more likely to succeed.

There is a one thing that 99 percent of “failures” and “successful” folks have in common — they all hate doing the same things. The difference is successful people do them anyway.

Chapter 4: MOMENTUM

Everything just wants to stay at rest. You’ll need a lot of energy to break your inertia and get your new enterprise under way. But once you get momentum, you will be hard to stop — virtually unbeatable — even though you’re now putting out considerably less effort while receiving greater results.

It’s not easy to build momentum, but once you do, look out!

Chapter 5: INFLUENCES

For you to sustain your positive trajectory toward your goals, you’ll need to understand and govern these influences so they will support rather than derail your journey toward success.

Everyone is affected by three kinds of influences: input (what you feed your mind), associations(the people with whom you spend time), and environment(your surroundings).

If you want your body to run at peak performance, you’ve got to be vigilant about consuming the highest-quality nutrients and avoiding tempting junk food. If you want your brain to perform at its peak, you’ve got to be even more vigilant about what you feed it.

We become the combined average of the five people we hang around the most.

You cannot hang out with negative people and expect to live a positive life.

Want real feedback? Find people who care enough about you to be brutally honest with you.

you will get in life what you accept and expect you are worthy of.

Chapter 6: ACCELERATION

There is a point in every race when a rider encounters his real opponent and understands that it’s himself

Common things deliver common results

Find the line of expectation and then exceed it.

In all areas of your life, look for the multiplier opportunities where you can go a little further, push yourself a little harder, last a little longer, prepare a little better, and deliver a little bit more.

CONCLUSION

Motivation without action leads to self-delusion.

Whatever I want in life, I’ve found that the best way to get it is to
focus my energy on giving to others.