Albert Einstein, one of the greatest scientists of all time, said, "Compound Interest is the eighth wonder of the world."
.
Agreeing with his words, SUCCESS Magazine Publisher Darren Hardy wrote a book called The Compound Effect, which is The New York Times Bestseller.
.
This book has some great key ideas that can help us all make a Perfect Life Resolution.
.
So tell me,
Which is the root factor behind a person's success or failure? His childhood, how he grew up, his environment or something else?
.
According to the author, that root factor is his own small choices.
.
There is only one thing in this whole world that we can completely control if we want to, and that is our choices. And these choices are responsible for the outcome in every area of our lives.
.
If you want, you can go to the gym after returning from the office or lie on the sofa and watch TV. If you want, after a fight with your wife for some reason, you can forget everything and hug her or you can come out of there by indulging your ego.
.
Such small choices determine the outcomes of everything: you will remain healthy for the rest of your life or you will carry disease, you will have a long and sweet relationship or your daughter will have to answer why you divorced her mother.
.
But we do not pay much attention to such small choices, if I give you two options now: I will give you 1 taka now which will double every day for the next 1 month or I will give you 10 crore taka right now; then which of the offers would you prefer to take?
.
Most people, maybe almost everyone, will take option number 2 i.e. 10 crore taka. Well then I will keep offer number 1 to myself. Now let's see what the outcome is after 1 month.
.
After 5 days I have 16 taka and you have 10 crores. After 10 days I have 512 taka and you have that 10 crores. After 20 days I have 5,24,288 and you have that 10 crores. You are having a lot of fun with so much money.
.
Now after 31 days you still have that 10 crores but I have 107,37,41,824 i.e. 107 crores. Which is 10 times more than you.
.
Now it is clear why Einstein called Compound Interest the 8th Wonder of the World. Success also follows this pattern.
.
Darren Hardy said, "After 31 months or 31 years, the person who uses the positive nature of the compound effect appears to be an overnight success."
.
For example, let's look at the example of three friends Rashed, Bijoy, and Jewel in a figurative sense. All three of them grew up in a similar environment, live in the same place and have roughly the same income. And yes, let's say all three of them are married and all of them are having a bit of a disagreement with their wives.
.
From the beginning of the new month or year, Rashed kept doing what he always does, because he thinks that's what makes him happy. Yes, he just started complaining about everyone sometimes.
.
On the other hand, Bijoy made a Daily Checklist and started making some small Insignificant Positive Changes in himself. For example-
1- Read 10 pages of a good book every day before sleeping.
2- Watch a Self Help/Motivational video for 30 minutes while going to or from office every day while sitting in the car or at a convenient time.
3- Cut 125 calories from his daily diet plan.
4- Drink at least 2 liters of extra water every day.
5- Walk 1 mile every day.
6- Call at least 2/1 people with business interests every day to check on them or improve their relationship.
7- Go out for dinner with your wife only 1 day a week.
.
Now, on the other hand, Jewel started making some small Insignificant Negative Changes. For example:
1- Eat a little junk food for lunch every day.
2- Miss the gym 3/4 days a week on the pretext of work pressure.
3- Drink 1 bottle of cold drinks every day on the way back from office.
4- Stop taking evening walks to watch favorite shows on TV.
5- Reduce official communication on the pretext of lack of time.
6- Stop going out with his wife on the pretext of being busy.
.
In the next 5 months, there was no significant difference between the 3 friends. Even after 10 months, it was the same. This time, Vijay started getting a little frustrated. Because he still couldn't see any positive results, he somehow persisted, while Jewel continued to enjoy life by working less. And Rashed is also happy.
.
But after 25 months, suddenly, a big difference was seen between them, and after 27 months, it was seen even more clearly.
720.858 SRY