How to Achieve Exponential Success
WHY: The majority of the world experiences linear success on a consistent basis. If you have a standard 9-5 job, you get between a 3% and 7% raise every year for just doing your job, with the occasional promotion bumping you up a bit more. This is linear, your “success” grows at a constant rate. Exponential growth, growth that compounds on itself over time, will bring you success faster and take you further. It is this kind of growth that we should all strive for.
WHERE this is from: The ONE Thing by Gary Keller and Jay Papasan. This book is all about focusing on the ONE thing you can do that will bring you closest to your goals and hopefully eliminate or make easier everything else you must do. This concept is about doing your ONE thing now, that will allow you to do a bigger ONE thing later and an every bigger ONE thing after that and so on.
WHAT the concept is: We have all heard of the Domino Effect before: knocking down one domino leads to the rest of them falling over. This is nothing new. However, most of us view this as using the same sized domino every time, a.k.a. linear/constant growth. Each domino gets you further along but each domino is still an inch high. Dominoes are incredible, and one domino can actually knock down another domino 50% bigger than it. One can easily see this growing very quickly. By starting with a standard domino and sequentially knocking down dominoes 50% bigger than the last, the 19th domino is as tall as the Eiffel Tower, and the 50th could reach from here to the moon. THIS is the kind of growth we should seek to experience in our lives.
To do this, you must pick ONE domino, i.e. task, goal, project, to start with that will make the greatest impact on your life AND make everything else you must do easier or unnecessary. This may require small short term sacrifices, but the long term success is staggering. Your ONE thing, or domino, should set you up to knock down a 50% larger domino as your next ONE thing. An example of this could be becoming a successful real estate investor. Your ONE thing should first be buying a property that cash flows. Once you do that, the passive income you make and the income you save should set you up to buy a bigger or more profitable property in the future, and so on and so forth. What many aspiring investors do, instead of actively making offers on deals, their ONE thing, is waste time making business cards, designing a website, etc. These are important, but not nearly as important as your ONE thing.
My challenge to you all is to find the ONE thing you can do that will not only get you closest to achieving your goal, but also will allow you to handle a task 50% bigger on the way to your goal. Soon you’ll be reaching the goal.
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