Chapter1

Growth

• 1% improvement everyday ,makes you 37 times better in a year, while getting worse 1% everyday will take you back to ZERO. Compounding works the same way as money.

• Small changes matter a lot. Results don’t come immediately. So, don’t slide into bad habits or previous habits. Remember, a small degree shift in the angle makes a larger difference in the direction.

• Focus only on the current trajectory.

• Breakdown a goal into multiple small segments.

Habits compound!

Examples:

1. Productivity compounds - work on one extra task per day, automate for more time for yourself.
2. Knowledge compounds - one new idea a day
3. Relationships compound
4. Stress compounds
5. Negative thoughts compound
6. Outrage compound

Plataeu of latent potential

• There is always a threshold for the results to reflect Ex - Ice cube, bamboo, earthquake etc..

Systems » Goals

• Optimize for the best result. Score takes care of itself.
• Process based. Small consistent improvements.
• Goals are same for winners or losers. They only give you direction.
• Survivorship bias - we only concentrate on the people who are winning - the survivors
• Fix the inputs, outputs fix themselves
• Goals restrict your happiness
• Long term thinking » goals.
• You do not rise to the level of your goals, but fall to the level of your system!

Changing identities are the fundamental way to change yourself

• Process » outcomes
• Three levels of change -
  • Outcome change
  • Process change
  • Identity change (most effective)
• Use habits to change beliefs about youself.
• Don’t aim for big money, think of yourself as rich instead. Don’t aim to exercise daily, instead think of yourself as an athlete. Don’t aim to learn a music instrument, think you are a musician instead.
• Habits are the best paths to change identity.
• Evidence of everyday change. No one-offs.

1. Decide who you want to be - pinciples and values
2. Prove it to yourseld with small wins