Sunday, December 2, 2018

Review of Darren Hardy's The Compound Effect

Hey folks

I've been listening to the audio book these last few days (I don't usually like audio books at all but non-fiction seems to be easier to listen to than fiction) and wanted to give you a review of it!

All right. The Compound Effect. Most of the book's advice is pretty generic and not actual fresh and/or unique research. It's the sort of book that tells you 'The more you practice the luckier you get'. (The usual spiel about people not being actually 'lucky' but working hard so that when the opportunity arises they can take it. Whereas other people don't work hard enough so they cannot get 'lucky' when an opportunity presents itself.)

The author also likes to pat himself on the back with how many famous people he knows at different companies (Apple for example) and how their CEOs personally interacted with him at some point. That can be a bit annoying.

The gist of the book is hard/diligent/persistent work over time = success.

A piece of important information in the book is that small changes (in things such as habits) should be pursued over time rather than every big change you'd like to have in your life all at once. This means when you want to exercise regularly and get a better body it's important to start small-ish (say about 20 minutes of exercise a day) because if you start big (2 hours of exercise a day) then you won't be able to keep it up infinitely. It is important to create small habits that over time will compound into big habits with visible effects.

The concept is very similar to James Clear's Atomic Habits. Review of Atomic Habits here.

As Hardy explains his concept of compounding effect he also cautions against giving up too easily. It's quite obvious that if you go to the gym twice or eat one less meal once (if you're trying to lose weight) you won't immediately see the benefits. The same goes for writing. If you want to write a book, write 500 words on two days, then give up because you don't have a book yet, your whole endeavour is somewhat pointless. If, however, you keep going to your desk and you keep adding words, 500 words a day will eventually stack up, and in less than a year your novel of 100k word will be finished (as finished as a first draft usually is in any case). At the start of any endeavour you don't want to burn yourself out with either exercise (2 hours a day) or writing 9000 words a day (been there done that) and then not have the energy to finish at all. If you're just starting out it's fine to write 100 words a day. Or 200. And maybe exercise only for 20 minutes or only do 10 push-ups instead of the 100 you're yearning to do (crazy folks!).

You can obviously increase the amount of x you do once you get better at it. If you start small you can up the ante after some time: If you're used to writing 200 words a day it's much easier to make the jump to 300 and later 500. In no time you'll be writing those elusive 2000 (or even 5000/10.000) words a day.

However. The compound effect does not only refer to creating good habits but also how the small little tasks you do every day (conscious or not) make up your bad habits. This could be for example eating a piece of chocolate every day after lunch because you crave it (I usually crave something sweet after lunch). It doesn't matter much on one day, but if you do it every day, it has the same effect as writing 500 words a day. After a while it will become a detriment to your health. This is why Hardy also talks about how to break bad habits. He suggests to write down your habits in a list in order to easily see what you could 'drop' so to speak. An example he gives is saving more money than usual. How can you see where you're spending money unnecessarily?

You are to write down every single thing you spend money on during the week.

A cup of coffee at Starbucks? A candy bar from the shop to treat yourself after work? That's a few dollars right there you can save if you know about them. And in a week, or month, if you buy these things regularly, the amount you can save instead of spend will exponentially increase. The same goes for calories when you're trying to lose weight. Are you actually eating more than you need? Tracking your habits will tell you exactly WHERE you can change your behaviour to go from loss (for example of money by spending on 'little things' or loss of health by eating too many 'little unhealthy things') to gain.

The same loss goes for accumulating knowledge (in the news) that you will not use and which therefore goes to waste. Ask yourself: Do you really need to watch/read the news three times a day? How much of 'useless' knowledge are you gaining this way? Wouldn't it be better to spend the time to read up on information you can actually put to use (perhaps a book on weight loss/nutrition/personal finance/other hobbies you have long been interested in)?

Hardy also maintains that as you're doing all these little things to improve yourself it's also important not to be discouraged. As with anything you do there will be setbacks. If after two months of training at the gym or writing on the novel you still don't have that thin stomach or the complete novel, it's easy to become lazy. It takes a lot of time to obtain significant results. (Here the old adage comes into play, doesn't it? 'Nothing worth having comes free'.) You're guaranteed to want to quit at some point (can confirm this from personal experience with both exercise and writing!), but then you must become the proverbial tortoise and soldier on. Slow and steady wins the race. You put your head down and you take one step at a time. One scene at a time. One minute of exercise at a time.

I hope you enjoyed this review. If you'd like to check out Hardy's book on account of this review it's probably best to buy it at Amazon (am still not affiliated with them). The Kindle ebook is somewhere around $7 and from the audio book it sounded like a fairly easy read. Although if you've already bought James Clear's Atomic habits it might not be as relevant for you any more.

WriteBot.

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