The Power of Compounding

The Power of Compounding

Have you ever had this experience:

You don't see someone for a very long time, and when you do, they have changed their appearance in a positive way.  But that change is very noticeable - such that one of the first things that you say to them is "wow, you look great!".

We see great changes from a distant. They are immediately visible to us because our frame of reference for the individual is based on a different image. However, to the person who is undertaking the change, the results aren't visible immediately.  They are the product of many many small and consistent actions that are applied over time to create great results.  When the person who is changing themselves looks at their growth, day by day, the results aren't immediately visible to them.  The visible change is noticeable when you compare the results, after a period of consistent action, from what they were like when they started to what they are like at the end.  But what drives the change are small, consistent actions applied over time.  Habits, therefore, can have the most powerful effect over our life, and the changes we want, than anything else.

Our businesses are exactly the same.  You don't often see immediate results from the day to day actions that you consistently take.  However, when you carry forward these actions every day over a long period of time then growth is noticeable to people whose frame of reference is what your business looked like at the very beginning.

This is the principle of the Compound Effect - the reaping of huge rewards from a series of small, smart choices that are consistently made (and built into habits).  Even though the results are massive (when looking back from the beginning), the steps, in the moment, don't feel significant.

In your business, doing the little things (the daily calls, the meetings with your team) may not feel significant in the moment, and they may not yield immediate results in the day.  However, if you consistently apply these actions.  If you do them every single day for a significant period of time then you will see massive results. 

So what little actions in your business can you start doing every single day?  Keep at it and reap the compounding rewards.