The Compound Effect πŸš€

{Thread}

What does the compound effect look like?

[[Magic Paisa]]

You got two choices:

1. Taking β‚Ή30Lakhs today πŸ’° or
2. Taking 1 Paisa that DOUBLES every day for 31 days πŸ’―

Which one would you take?
To make great wealth you should go with option 2 πŸš€

Here why: Day 1: β‚Ή0.01,
- Day 10: β‚Ή5.12
- Day 20: β‚Ή5,243

This is when the magic happens, watch this

- Day 29: Around 26L
- Day 30: β‚Ή53.6L

- Day 31: β‚Ή1,07,37,664 (Three times the option 1) πŸ₯‚
β€œSmall, Smart Choices + Consistency + Time = Significant results ” ⚑️
Let's talk about how to make the compound effect work for us:

The compound effect works on both sides "Positive & Negative"
To make compound work it mostly comes down to these things:

- Choices ✨
- Behaviour 🀝
- Habits πŸƒβ€β™‚οΈ
- Time ⏳

And a few more...
Every choice you pick, every decision you make has a compound effect.

No one intends to look fat, go bankrupt, or get a divorce,

those consequences are the result of a series of small, poor choices πŸ™Œ
Remember
β€œWhat’s simple to do is also simple not to do.”
https://t.co/HFis9vjXlk
How to become aware of your choices:

Track every action πŸ“

Want to get out of debt? Track every rupee β‚Ή
Want to lose weight? Track every calorie 🍽

Take notes, every single day, no excuses.
β€œYou make your choices, and then your choices make you.”
Habits:

A man once asked a horse rider - "Where are you going"?

Rider: I don't know, Ask the horse.

This is the story of most people's lives, the habits are riding people with no idea where they are heading
"We are what we repeatedly do" - Aristotle
Contents:

- Have a strong why πŸ’―
- Avoid Cheap Dopamine πŸ’»
- Find core values ⚑️
- Set Goals 🎯
- Kill bad habits ❌
- Create a good habit πŸš€
Why having a strong why is important?
Cheap Dopamine:

Instant Gratification Traps:

- Fast food πŸ”
- Mindless Scrolling πŸ“±
- Porn πŸ”ž
- Smoking, Drinking 🍻
- Binge Watching πŸ’»

Start thinking about how to get out of them.
Become aware of how you are behaving ✨

If you say family is your priority but they don't appear on your busy calendar, they aren't really πŸ™Œ

Make a list of bad habits πŸ—’
How to kill a bad habit:

1. Identify the triggers ⚑️
2. Clean them or
3. Swap it 🀝
4. Take it easy πŸ™Œ
5. Or go all out πŸ‹οΈβ€β™€οΈ

Read on (I'll explain them all)
1. Identify the triggers ⚑️

For every bad habit write down the Big 4s.

"Who, What, Where, When"

2. Clean whatever that triggers them πŸ™Œ

Remove the liquor bottles, Stop buying junk food πŸ”

Get rid of anything that enables bad habits
3. Or Swap it 🀝

Replace a big ice cream dessert with a piece of chocolate/cookie πŸͺ

Replace Chips with nuts or vegetables πŸ₯•

Soft drink with Diet ones or water
4. Take it easy
Take it slow

Week by Week

5. Or go all out

100% ASAP.
Challenge yourself:

Take a bad habit,
Go on a 30-day fast,

If you broke it - you are addicted to it :)
How to create a good habit:

1. Set yourself up to succeed
2. Think addition not subtraction
3. Accountability
4. Find a success friend
5. Competition
6. Celebrate
7. Be patient

DM me if you didn't understand any (Thread will be too big lol)
Once the habits get going, its time for the momentum
The Flow.
Know your influences πŸ™Œ
Your Infomation diet

This is mine πŸ‘‡

https://t.co/V1ba4Yat0D
Keep going πŸ™Œ

Don't give up.

Not on your goals, habits, momentum, nothing
Just not yet ⚑️

Be patient. The compound effect will work.
One of the best humans I know is Warren Buffett.
One Formula πŸš€
If you learned something new πŸ™Œ
RT this thread.

You can follow me for more interesting threads and stories πŸ’―

Much love,
Prado.
This thread is taken from the book
The Compound Effect by Darren Hardy

And a few other resources πŸ™Œ

Thanks for your time :)

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