There is an often-told story that when Albert Einstein was once asked what mankind's greatest invention was, he replied: "Compound interest." There's even one claim that Einstein called compound interest the "8th Wonder of the World." So if we are to believe to Albert Einstein beside the gravity the compound interest is the most powerful force in the universe.
So if we take compound effect and use it for greater good it has potential to make wander s for us. In the book The Compound Effect Darren Hardy has shown us how to do that...
So this is my assessment of this book Ten times rule by Grant Cardone according to my 7 criteria:
1. Related to practice - 5 stars
2. It prevails important - 4 stars
3. I agree with the read - 5 stars
4. not difficult to read (as for non English native) - 4 stars
5. too long and boring story or every sentence is interesting - 4 stars
6. Learning opportunity - 4 stars
7. Dry and uninspired style of writing - Smooth style with humouristic and fun parts - 4 stars
Total 4.28 stars
Some quotations from the book:
"There’s a story about a man riding a horse, galloping quickly. It appears that he’s going somewhere very important. A man standing along the roadside shouts, “Where are you going?” The rider replies, “I don’t know. Ask the horse!”"
"The best illustration I can give you to emphasize the power of small adjustments is that of a plane traveling from Los Angeles to New York City. If the nose of the plane is pointed only 1 percent off course—almost an invisible adjustment when the plane’s sitting on the tarmac in Los Angeles—it will ultimately end up about 150 miles off course, arriving either upstate in Albany or in Dover, Delaware. Such is the case for your habits. A single poor habit, which doesn’t look like much in the moment, can ultimately lead you miles off course from the direction of your goals and the life you desire."
When I sat down with Ken Blanchard, he explained the simplicity of engaging a mentor (SUCCESS, January 2010): “The first thing you want to remember with a mentor is that it doesn’t need to take a lot of their time. The best advice I’ve ever gotten is in short clips, having lunch or breakfast with somebody, just telling them what I’m working on and asking their advice and all. You will be amazed how successful businesspeople are willing to be mentors to people when it’s not taking a lot of time.”
John Wooden reinforces the point that others desire to be mentors (SUCCESS, September 2008): “Mentoring is your true legacy. It is the greatest inheritance you can give to others. And it should never end. It is why you get up every day. To teach and be taught.” He went on to explain that mentorship is also a two-way street. “An individual needs to be open to being mentored. It is our responsibility to be willing to allow our lives and our minds to be touched, molded, and strengthened by the people who surround us.”