The Compound Effect Flashcards

1
Q

How much is $1 costing you in 20 years what you spend today?

A

$5

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2
Q

What financial attainment is related to behaviour?

A

80%

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3
Q

What is the key to success?

A

Learning and Consistency

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4
Q

What effect is the operating system that has been running your life whether you know it or not?

A

The compound effect

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5
Q

Definition of the Compound Effect

A

The strategy of reaping huge rewards from small, seemingly insignificant actions

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6
Q

What is knowledge that is not applied?

A

Wasted

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7
Q

What is the first step towards change?

A

Awareness

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8
Q

What factor is first to improving something?

A

Measuring it

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9
Q

What is your life a result of?

A

Moment to moment daily choices

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10
Q

Definition of the law of attraction

A

Directing your attention to something that is already there

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11
Q

What do the top 20% of people focus their free time on?

A

Education

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12
Q

What happens to objects in motion with no resistance?

A

They stay in motion

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13
Q

What is the hardest part of momentum?

A

The begining

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14
Q

What is the difference between learning and studying?

A

Learning leads to knowledge, and Studying leads to the application of knowledge

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15
Q

The formula of the Compound Effect?

A

Small Simple Steps (S3) + Consistency (C) + Time (T) = Significant Results (SR)

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