4.5 • 696 Ratings
🗓️ 23 May 2024
⏱️ 13 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Today we're going to talk about something I preach on all the time and something that I have experienced in a huge way just this past month, which is the compound effect. So I'm going to explain |
0:24.4 | what it is, how I've seen at work, and how you can apply it to your own business or anything |
0:30.5 | in your life so that you too can use it to your advantage. Okay. So the compound effect is a principle and book written by Darren Hardy, |
0:39.7 | and it's about how small actions can lead to hugely successful or unsuccessful results |
0:47.1 | when executed consistently. So that's important to note up front. Depending on what small |
0:53.7 | actions you're taking regularly |
0:55.3 | will determine whether they positively or negatively affect your life. And this is applicable |
1:01.6 | to everything from your business to your relationships, health, etc. But of course, for our |
1:08.6 | purposes, we will discuss it in terms of your business. And I reference |
1:13.9 | the compound effect a lot to my own clients because one of the core practices I preach and teach on |
1:20.5 | is the importance of showing up consistently on social media and creating valuable content in abundance, even when, and especially when |
1:31.7 | you aren't seeing the results you desire yet. Because over time, these little things add up. |
1:38.6 | And I say that all the time. Baby steps add up. And at some point, you'll inevitably reach a sweet spot in your business |
1:47.1 | thanks to the compound effect principle and I saw this take place beautifully this past month |
1:54.0 | in August so one of my big income goals I've had for a while was $20,000 a month. Why 20? Well, in the first phase of my |
2:05.3 | business, almost four years ago, when I was managing social media for big businesses, I was making |
2:11.2 | consistent five-figure months, but never got over 11 grand. So when I transitioned from managing social media to mentoring |
2:20.2 | female solopreneurs on how to grow their own businesses via social media, I, of course, |
2:26.4 | wanted to eventually match my income and then surpass it. So 20K became my new big goal. Now, in the beginning of 2019, my business ramped up |
2:38.9 | quite a bit by doing the things I teach to you in this podcast and the same things I teach to my |
2:44.4 | clients. I was making consistent eight to $9,000 months, then eventually got up to five figures and I still |
2:53.9 | had my eye on the big goal of 20k but really and truly I thought that that was a number I would |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Allie Reeves, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Allie Reeves and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.