The Power of Compounding


Manage episode 232403019 series 1370470
By Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio streamed directly from their servers.
Are you working on a lot of things? Is your attention not on one thing? There’s a big chance that you will not achieve the best possible results. Or worse: You might fail if you try to achieve many things at the same time The reason is simple: Most of us believe that success happens all at once. Real life is different. Keller and Papasan put it well: “Success is sequential, not simultaneous.” Things add up. You learn one skill. Then another. You finish one project. Then another. Over time, your accomplishments add up to form an impressive feat. This is especially true for money. Most people earned their money over time. Few people make a big financial splash. Warren Buffett is the perfect example of sequential success. You can achieve big things with small actions, that build up over time. In this video, I explain how Buffet’s net worth grew exponentially over the years due to a simple concept: The Power of Compounding. Thanks for listening! P.S. Don’t have time to read books? Try Blinkist, my favorite accelerated learning app, for FREE: I use this app every day to learn something new. They create quality summaries of top non-fiction books. ----------- Get my latest book, The Road To Better Habits, for free. In the book, I will show you a simple framework you can use to transform your habits. Excited to transform your life by transforming your habits? Get the book here: ----------- Connect With Me Newsletter: YouTube: Instagram: Twitter: Facebook:

89 episodes available. A new episode about every 7 days averaging 16 mins duration .