Advertising
Advertising

Use Time and Compound Interest to Grow in Personal Effectiveness

Use Time and Compound Interest to Grow in Personal Effectiveness

Bert Webb from Open Loops talks about increasing productivity and self-improvement may take time. There aren’t any instant self-development, or “double your productivity overnight”. He uses an analogy – you couldn’t expect to double your money tomorrow, by putting money in saving account today:

… As we try to develop ourselves and improve our productivity, we also need to focus on small, consistent improvements. These small daily improvements are the equivalent to interest that accrues to a savings account. These improvements build on our base skills and knowledge and become the new foundation upon which future skills, philosophies, and knowledge is built. Day after day, our foundation becomes stronger and stronger. Like the savings account, personal growth is slow at first, but increases in speed as apply time. The constants in these examples are time and consistent application of the methodology. Allow yourself enough time to improve as you consistently apply the GTD methodology. In time, you can become a productivity millionaire, where your “currency” is measured, not in dollars, pounds, or euros, but in effectiveness…

Not to hard sale, but this is exactly why coming to lifehack.org daily is important to earn your interests on your productivity. :)

Use Time and Compound Interest to Grow in Personal Effectiveness – [Open Loops]

More by this author

Leon Ho

Founder of Lifehack

Book summary: A Technique for Producing Ideas Finding Your Inside Time 10 Ways to Extend Laptop Battery Life Bob Parsons on His 16 Rules for Survival Free note taking templates and techniques

Trending in Lifehack

1 The Lifehack Show Episode 8: On Personal Success 2 How to Stop Procrastinating: 11 Practical Ways for Procrastinators 3 The Lifehack Show Episode 6: On Friendship and Belonging 4 Why Do I Procrastinate? 5 Root Causes And How To Tackle Them 5 The Power of Tapping into Your Hidden Creativity

Read Next

Advertising
Advertising
Advertising

Last Updated on September 22, 2019

The Lifehack Show Episode 8: On Personal Success

The Lifehack Show Episode 8: On Personal Success
In this episode of The Lifehack Show, we interview Robert Glazer, who is the founder and CEO of Acceleration Partners, and author of the book Elevate: Push Beyond Your Limits and Unlock Success in Yourself and Others.

Robert shares with us how capacity building can radically improve your life and how his new book acts as a guide to getting started.

    Robert Glazer

    Episode 8: On Personal Success

    Also available on Apple Podcasts 

    Featured photo credit: Austin Ban via unsplash.com

    Read Next