Saturday 25th

 QUOTE OF THE DAY SHARE ME! 

“Stay away from those people who try to disparage your ambitions. Small minds will always do that, but great minds will give you a feeling that you can become great too.”Mark Twain

In simple terms, you are the average of the people you surround yourself with. If your circle is full of bright, innovative and positive minds then it will help you to flourish however the opposite will make you rot.

THE POWER OF COMPOUNDING

All the returns in life, whether in wealth, relationships or knowledge, come from compound interest. But how does one know if they are earning compound interest?

Compound interest is a very powerful concept. The Idea of

'compounding' in plain English means that the more time you give something the better return you will receive

, it's primarily known for compounding your capital or your investments but that's just scratching the surface. Compounding is something you should focus on in every aspect of life. For example, in your relationships with people, look at some of the top roles in society, like why someone is a CEO of a public company or managing billions of dollars. It's because people trust them. They are trusted because the relationships they've built and the work they've done has compounded. They've stuck with the business and shown themselves (in a visible and accountable way) to be high-integrity people.

Compound interest also happens in your reputation. If you have a sterling reputation and you keep building it for decades upon decades, people will notice.

Your reputation will literally end up being thousands or tens of thousands of times more valuable

than somebody else who was very talented but is not keeping the compound interest in reputation going.

It's even the same thing with fitness and working out. The more you do it over time the better you naturally become at the exercises which allows you to execute them more efficiently and professionally which results in it having a better impact on you. A slightly different way to look at it but compounding nonetheless!

Always look for ways in which you can exploit the beauty of compounding because it will always serve your benefit

ACTIONABLE NEXT STEPS:

Be patient and allow compounding to take place but also search for it where you can and utilise it.

TAKEAWAYS:

Compound interest is your best friend.

BOOK OF THE WEEK ⤵️

This week's book of the week is

Surrounded by idiots by Thomas Erikson,

a fantastic read that talks about how society can be split up into 4 categories or personality types. He explains how to effectively communicate and understand people in a way I guarantee you haven't seen before. You can read it

HERE

CONTENT CREATOR OF THE WEEK ⤵️

The creator of the week is

@gajaansugumar,

a UK-based creator that makes content focused on self-improvement, and mindset hacks and primarily focuses on improving the average man. His content is insightful and provides a unique perspective on how to grow as a person. Check him out

HERE

LESSON OF THE DAY ⤵️

"Compound interest is the 8th wonder of the world."

- Albert Einstein

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