Everyone has heard about power of compounding.
In Financial world, Compounding is the repeated addition of interest payments to the principal invested over a period of time. The principal grows exponentially as each new payment of interest is added to it. This is the analogy in the financial terms, but how this is applied in real life?
Let’s talk about the real life, as we know the above fact is true, which means that, if we repeatedly save each day the compounding effect with be enormous. If you save $1000 each month and with 10% interest. After 10 years, the total compounding amount will be approximately $277,260 (do your calculation), ask Google to do it for you.
Now, here we are talking about what you want to achieve, how soon could you realise it, what you have to do to compound it and see the outstanding results. The monthly saving is a monthly activity/task, however, when it comes to achieving goals, there has to be daily effort for it to compound and realize your gaols. What you mean by daily tasks, which daily task, which activity? All this question needs to be addressed.
There is a very simple way- complete all you daily task whatever it is (personal or work related), don’t keep anything for tomorrow. When you have your goal in mind, complete all your routine activity and do at least one task daily which will move you closer to your goal each day. Very soon you will realize that you have achieved lot in no time than boiling the ocean on day 1. Just by doing 1 task each day towards your goal, you could make a huge difference.
The brain or the mind plays a very crucial role in all this, you have to be creative in what you do, the daily task of achieving your goal has to be new. Problem or challenges are always new, if it’s not new, it’s not a problem, therefore the approach and solution to address the problem has to be new or it won’t give the results. Now, how can you be creative. The answer is simple, complete all the daily task, the brain likes order, it likes speed. When you have completed all your daily task, the brain will be free to think new ideas, when all the task is done, brain has time to think about new solutions and ideas, this is true and tested fact. Hence, complete all the daily task and if you keep at it consistently, you will see new ideas popping in your mind from nowhere, follow it don’t question it.
Again, in the end, have a Goal, do one task each day however small it is which will move you closer to your goal. Keep your brain in order, that is, complete all your daily task so the mind is free to think new ideas. Try it.
