This Week’s BIG Idea
I believe that the compound effect is one of the most powerful forces in the universe. The idea of compounding is that little efforts lead to big results. While this mainly applies to the economy, you can find examples in everyday life too. Here are some examples I just came up with:
- Learning: Read a few pages of a book every day and you’ll read a book every month.
- Finances: Invest consistently in the S&P 500 and see your wealth grow over the next years.
- Health: Exercise a few minutes every day and see your body change over time.
- Reputation: Treat everyone nicely and they’ll say good things about you behind your back.
But the compound effect works negatively too, so neglecting some aspects of your life can ruin you.
In conclusion, never underestimate the benefits of doing something every day. It can change your life.
What I’m Working on
Over the past few days, I’ve been redesigning the site’s homepage. I knew that this is one of the most important parts of the website and I’ve been neglecting it for a while. Although there’s room for improvement, I’m more than happy with the results so far. You can check out the homepage redesign here.
What I’m Listening to
After months of being subscribed to the same three podcasts, I just added a new one to the list. I just started listening to The Morgan Housel Podcast and let me tell you why I love it:
- While the longest podcast is 48 minutes long, most episodes are around 15 minutes long so I can listen to them on my short commute.
- There are no ads. It may not sound like much, but I honestly can’t think of the last time I listened to a podcast that doesn’t have ads.
- Despite being short, most episodes have at least one core message that blows my mind.
- Episodes come out regularly, but they don’t follow a strict schedule.
The Morgan Housel Podcast feels like a breath of fresh air, mainly because Housel is willing to do things a bit differently and I enjoy every minute of it. If the name of the author sounds familiar, that’s because he wrote a fantastic book called The Psychology of Money.
What I’m Reading
Zero to One by Peter Thiel: Zero to One poses the contrarian question: “What revolutionary truth do you know that no one else agrees with?” From there, Thiel tells other entrepreneurs how to create new things, something we’re in desperate need of. According to the author, we’re in a time of technological stagnation, but that means that companies from any industry could lead us to progress. I’ve had this book on my TBR for some time and I’m glad I found the time to finally read it.
What I’m Watching
Ever since I read Why We Sleep by Matthew Walker, I’ve taken my sleep more seriously. That said, it’s easier to ignore your sleep, and this video by Better Ideas is a great reminder. While most of the results of the experiment are anecdotal and not necessarily science-based, it illustrates why a solid night of sleep can make all the difference.
This Week’s Quote
“The only way to become more successful than most people is to be willing to do something most people aren’t willing to do.”
Mark Manson
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