What does the compound effect look like?

[[Magic Paisa]]

You got two choices:

1. Taking ₹30Lakhs today 💰 or
2. Taking 1 Paisa that DOUBLES every day for 31 days 💯

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

Here why: Day 1: ₹0.01,
- Day 10: ₹5.12
- Day 20: ₹5,243

This is when the magic happens, watch this

- Day 29: Around 26L
- Day 30: ₹53.6L

- Day 31: ₹1,07,37,664 (Three times the option 1) 🥂
“Small, 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 🏃‍♂️
- 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 🙌
Remember
“What’s simple to do is also simple not to do.”
https://t.co/HFis9vjXlk
How to become aware of your choices:

Track every action 📝

Want to get out of debt? Track every rupee ₹
Want to lose weight? Track every calorie 🍽

Take notes, every single day, no excuses.
“You 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 💯
- Avoid Cheap Dopamine 💻
- Find core values ⚡️
- Set Goals 🎯
- Kill bad habits ❌
- Create a good habit 🚀
Why having a strong why is important?
Cheap Dopamine:

Instant Gratification Traps:

- Fast food 🍔
- Mindless Scrolling 📱
- Porn 🔞
- Smoking, Drinking 🍻
- Binge Watching 💻

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 🙌

Make a list of bad habits 🗒
How to kill a bad habit:

1. Identify the triggers ⚡️
2. Clean them or
3. Swap it 🤝
4. Take it easy 🙌
5. Or go all out 🏋️‍♀️

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 🙌

Remove the liquor bottles, Stop buying junk food 🍔

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

Replace a big ice cream dessert with a piece of chocolate/cookie 🍪

Replace Chips with nuts or vegetables 🥕

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 🙌
Your Infomation diet

This is mine 👇

https://t.co/V1ba4Yat0D
Keep going 🙌

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 🚀
If you learned something new 🙌
RT this thread.

You can follow me for more interesting threads and stories 💯

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

And a few other resources 🙌

Thanks for your time :)

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And here they are...

THE WINNERS OF THE 24 HOUR STARTUP CHALLENGE

Remember, this money is just fun. If you launched a product (or even attempted a launch) - you did something worth MUCH more than $1,000.

#24hrstartup

The winners 👇

#10

Lattes For Change - Skip a latte and save a life.

https://t.co/M75RAirZzs

@frantzfries built a platform where you can see how skipping your morning latte could do for the world.

A great product for a great cause.

Congrats Chris on winning $250!


#9

Instaland - Create amazing landing pages for your followers.

https://t.co/5KkveJTAsy

A team project! @bpmct and @BaileyPumfleet built a tool for social media influencers to create simple "swipe up" landing pages for followers.

Really impressive for 24 hours. Congrats!


#8

SayHenlo - Chat without distractions

https://t.co/og0B7gmkW6

Built by @DaltonEdwards, it's a platform for combatting conversation overload. This product was also coded exclusively from an iPad 😲

Dalton is a beast. I'm so excited he placed in the top 10.


#7

CoderStory - Learn to code from developers across the globe!

https://t.co/86Ay6nF4AY

Built by @jesswallaceuk, the project is focused on highlighting the experience of developers and people learning to code.

I wish this existed when I learned to code! Congrats on $250!!