This is a post about The Compound Effect, a very popular book by Darren Hardy, who happens to be the editor of Success Magazine.
The premise of the book is that if we get a little bit better every single day, we can achieve unbelievable things over a sustained period of time. He calls this The Compound Effect. He defines The Compound Effect as “the principle of reaping rewards from a series of small, smart choices.”
Simply put, our habits and daily routine determine our results in life. Good habits produce good results and bad habits produce bad results. PERIOD.
I have to agree with Darren. I have been using The Compound Effect in my own life long before I ever heard of the phrase.
As a young man, in my early 20’s, I had a job that I really hated. My job, ultimately, was to work as a “World Class Performance Facilitator.” My responsibility was “continuous improvement” in a manufacturing environment. I had to look for ways to improve operations, the facility, and the company’s performance. If I learned nothing else from that experience, I learned the importance of getting a little bit better every single day. I took that lesson and applied it into my own life, beginning in 2004. The results have been phenomenal.
About Darren Hardy
Before I talk too much about the book, I figured I would take a moment and talk about Darren Hardy. He is currently the editor of Success magazine, which happens to be my favorite magazine. He is a respected author, consultant, speaker and trainer. He is a no B.S. type of guy.
Darren Hardy Quotes from The Compound Effect
What you will see in the paragraphs below are some of my favorite Darren Hardy quotes from the book. Each quote is in bold and italics. After each quote, I will share my own two cents on it. Enjoy.
# 1: Give me enough time, and I will beat virtually anybody, anytime, in any competition. Why? Not because I’m the best or the smartest or the fastest. I’ll win because of the positive habits I’ve developed, and because of the consistency I use in applying those habits.
Once you form good habits and become consistent with those habits, you will be unstoppable. Successful people have great habits and unsuccessful people have bad habits. It’s not the most talented people who win. Instead, it’s the people with the best habits, daily routine, work ethic and persistence who win.
# 2: 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.
Most people give up way too quickly. Anything worth accomplishing takes time, lots of time. When you form new habits, or start something new, you have to put in the time. There are no shortcuts or ways to circumvent this.
Most people quit three feet from gold, right before they strike it big. Remember, it takes time to master new skills and develop the winning mindset. Patience is a virtue. Keep your vision in front of you at all time and press on. Always take the long-term view.
# 3: Real and lasting success requires work—and lots of it.
Success is normally disguised as hard work. If you want to achieve something big, it will require a ton of hard work and persistence. You must put in the work. There is no way around it. I’ve never met anyone successful, on any scale, that wasn’t hard working.
# 4: …you make your choice, and then your choices make you.
We are all the result of our choices. Choose wisely. It’s also important to remember that all successful people take 100 percent responsibility for their decisions and their lives.
# 5: You cannot manage or improve something until you track it.
You must track everything you do so you can figure out what is and what isn’t working, and then you can make the required changes or modifications needed to improve your performance. Set goals, track your progress and make adjustments as needed.
# 6: It’s not the big things that add up in the end; it’s the hundreds, thousands, or millions of little things that separate the ordinary from the extraordinary.
All of the little things we do day in and day out are what ultimately make the big difference in life. The big things are easy to do. It’s the little things, compounded over time, that make the biggest difference.
# 7: A daily routine built on good habits is the difference that separates the most successful amongst us from everyone else.
If you aren’t where you want to be in life, look at your daily routine. How you spend your time each day determines your real priorities. Choose wisely.
# 8: All of the hows will be meaningless until your whys are powerful enough.
If you don’t know WHY you are doing what you are doing, nothing else really matters. It’s true, you need a why that will make you cry. You must have a WHY so strong that it will keep you in the game, even if nothing goes as expected. Without a strong why, it’s easy to throw in the towel.
# 9: People are either motivated by something they want or something they don’t want.
Pain and pleasure. Remember those two words. Those are the only two reasons people do something, or don’t do it. They either want to gain pleasure or avoid pain.
# 10: The one skill most responsible for the abundance in my life is learning how to effectively set and achieve goals.
Set goals for your life. Set long term, short term and mid-term goals. Write out your goals in present tense and put them on paper. Keep them in front of you at all times and refer to them daily. I’ve been setting written goals in all aspects of my life since 2004 and the results are almost impossible to believe (in a good way).
# 11: What stands between you and your goal is your behavior.
We are all creatures of habit. Our behaviors determine our habits and our habits determine our results. If you want to change your results, you need to change your behavior, so you can change your habits.
# 12: Your habits are learned; therefore, they can be unlearned.
Everything we think and know is learned, and can also be unlearned.
# 13: Some of our best intentions fail because we don’t have a system of execution.
Systems are the key to success. You need a system to execute your plan. To create a system, take your goals, plan backwards, and break them down into bite-sized chunks. A system is nothing more than a series of steps you will follow to achieve your goals.
# 14: When people get started in a new endeavor, they almost always overdo it. Of course, I want you to feel excited about setting up a rhythm for success, but you need to find a program that you can absolutely, positively, do in the long term without renegotiation.
Steady pace wins the race. Anyone can start fast, and most people do, but you need a pace you can maintain for a sustained period of time. Starting out fast typically leads to burn out.
# 15: You cannot hang out with negative people and expect to live a positive life.
Surround yourself with people who uplift you and encourage you and bring out the best in you. You are the result of your five closest friends. Choose wisely.
# 16: Doing better than expected becomes a big part of your reputation.
Always go the extra mile and do more than is expected of you. Do more than your boss pays you to do. Do more than people ask you to do. As you continue to do that you will get pay raises and promotions.
Most people fall short because they have big dreams, but no hustle. It doesn’t matter how bad you want something if you aren’t willing to get off your ass and pursue it. Analysis by paralysis leads to failure.
My Thoughts About The Compound Effect
I really, really enjoyed this book and rate it a 9.5 of 10. The information was easy to read, to the point and well organized. I like that Darren has a “no fluff” writing style that is easy to follow.
He shared tons of great lessons he learned from some of his mentors through the years, to include people such as Oprah Winfrey, Brian Tracy and Jim Rohn.
I think this book would be a great read for anyone looking to achieve greatness in their lives, especially business people, entrepreneurs and network marketers. If you haven’t read it yet, you should.
Do yourself a favor and order a few copies and give them to people that you love and/or respect. They are a great gift for any achiever in your life, or anyone looking to turn around their life for the better.
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About the Book
The Compound Effect was first published by Vanguard Press in 2012. It features 192 pages. The ISBN is 978-1593157241. It comes in softcover and kindle format. As of October 2016, it has 1,422 reviews on Amazon with an average 4.8 star rating. Order a copy on Amazon.
Other Books by Darren Hardy
Darren has authored a couple other books to include:
- Design Your Best Year Ever: A Proven Formula for Achieving Big Goals
- Living Your Best Year Ever: A Proven System for Achieving Big Goals
*** Just click on the link to order a copy of these books on Amazon.
Connect with Darren Hardy
There you have it folks. I hope you enjoyed my review of The Compound Effect by Darren Hardy, along with some of my favorite quotes from the book.
I would love to hear from you. Did you read the book yet? If so, how did you like it? What is your favorite quote listed above? Leave a comment below to let me know what you think.