
Power of Compounding
Have you ever thought what difference can 0.02 mean to you? In money, effort, happiness or even success? 0.02 feels so miniscule that you’d probably think it’s like a drop in the ocean and invisible. It is invisible as a standalone entity. But when it keeps accumulating, it makes an ocean of difference.
Let me tell you how. Habits are really hard for people to develop. Especially if it is a healthy one like exercising or reading books. What we tend to do is, we fix upon an ideal target, i.e 1 hr of workout every day and miserably fail on the third day. Because 1 hr is a very high proportion in a day’s time. Now, consider this: You decide that you want to exercise. But all you do on day 1 is just walk for 5 mins. You do this for a week. The second week, you increase it to 10 minutes or just increase the pace of your walk. When you look at yourself after two weeks, you wouldn’t have lost drastic kgs or inches. Yet your new found healthy habit would have survived. What more, you’ll feel a lot better about yourself! That is the magic of 0.02
I’ll try putting it in a different perspective too. Tomorrow morning when you work on your dream, passion or even the mundane job that you apparently hate, think about this before you continue your work. A normal person gives his 99% (because there is always scope for improvement) every day. A winner gives 101% by just adding a teensy bit of 2%. In my little understanding, this is the thin line of difference between ordinary and extraordinary.
Do not wait to move that mountain one fine morning. Keep pushing it centimeter after centimeter and one day you’ll find it further away. None of the billionaires made millions over night or in the span of a song as they show in movies. They started with hundreds and thousands which compounded to millions resulting in billions.
Take a closer look at the picture. When someone does 99% for 365 days a year they still end up with just a 3% growth. But when the same jump up by 2% and become 101%, then the success manifolds by 37.8%. The power of compounding cannot have a better proof than this.
So my friend, what’s the 0.02 extra you’re going to do today?
