360 Book Club – The Compound Effect by Darren Hardy

By: Jason King 

Darren HardyHere at 360 we have an internal book club that we run two times per year, once in Q1 and once in Q3.  Our book club tends to focus on personal development-type books such as Robin Sharma’s The Leader Who Had No Title, the subject of our last session.  For Q1 of 2014, we are studying The Compound Effect by Darren Hardy, an author who is also the publisher of Success magazine. After enough friends, family and business associates commenting, “I wish I could join your book club,” we have decided to share each week’s session and learning on our blog.

Getting The Most Out Of It

To accommodate the large number of people in our internal club, we are running three separate groups. In session one, each group discussed what the members wanted to achieve by being a part of book club. The top 3 most common goals we came up with are actually quite modest:

  • Be accountable to actually finish reading a book
  • To connect with others in the workplace
  • To develop tools for overall personal growth

The Compound Effect CoverThis book first came to me at the best time possible; I had just completed (probably for the first time ever!) a vast list of personal and business goals for the year and beyond and was very excited, but perhaps feeling a bit of overwhelmed at what actions I should lay my hands on first. In a strange twist of events, a quote came across one of my social media feeds:

“Losers have goals.  Winners have systems.”  ~ Unknown

Kind of rattling, right? But then strangely enough and right around the same time, a friend happened to pass me a copy of The Compound Effect. 

The Compound Effect is not a book meant to just deliver a single method for achieving a specific outcome, along the lines of a ‘get rich’ or ‘get fit’ type of book. This book is more about creating a personalized system for getting things done. A key component of The Compound Effect as a philosophy is that success in anything is not generally the result of abbreviated, acute actions, but more often comes from the cumulative effect of our habits and other small steps that we take over time. 

Chapter one of the book introduces the workings of The Compound Effect philosophy and reinforces our understanding with a couple of great metaphors: one to illustrate the potential effect at work on our physical health and one to illustrate the potential effect on our finances.

At the end of chapter one, we are left to ask ourselves a few probing questions:

  • Do you have any excuses you might be clinging to in your life?
  • What small, seemingly inconsequential steps could you start taking?
  • What small, seemingly inconsequential changes could you make or what habits or actions could you take away that aren’t a big deal, but aren’t serving you?
  • What skills or outcomes have you been most successful with in the past? Are you taking steps to protect that wealth or are you jeopardizing future success by not up keeping or upgrading those skills? 

rsz antoine de saint exuperyI will keep the blog updated as we progress into our study and learn more and highly recommend this book for your 2014 reading list if you haven’t already read it.  All of our book club members would be thrilled to hear comments on the blog as we all make progress together building systems for positive change into our lives. I’ll leave you with one last related quote:

“A goal without a plan is just a wish.” ~ Antoine de Saint-Exupery

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Jason King 360incentivesJason is the Content and Community guy at 360Incentives.com Connect with Jason on Twitter @JayKing71LinkedIn or Google+  360 is changing the world of incentives.  To find out how, book a call with us now!