The Compounding Power of 1%

The Compounding Power of 1% | Mindset Daily Podcast

Looking for more actionable content from Brian Aganad?

Follow him on social media:

Instagram: @Brianaganad

Facebook: Brian Aganad

Twitter: @Brianaganad

Youtube: https://www.youtube.com/@BrianAganad

Transcript

Brian Aganad: 0:09

So on today's show, I wanna share with you some crazy statistics about what happens when you are consistent with things, right? Like one of the reasons why people inevitably quit things, they start, or I should rephrase it and say the reason they don't follow through with things, they start. Is because there's such a large gap from where they are to where they want to be, right? So if you look at yourself in your life and anything that you've ever wanted to accomplish but didn't you didn't reach the goal. One of the reasons why, if you're honest with yourself is you look and you say, I had so far to go it, it felt like I was a million miles away. It felt like I was so far away from my goal. That I wasn't even at the starting line. And I think that's where a lot of people find themselves is early on they have motivation when they start. And I'm guilty of this on things, right? I will start something and if I don't have the discipline and I don't have the consistency and I don't have reasons for the consistency. Or I don't very clearly see the end goal, I'll just stop. And I tell myself this as a reminder and also as a reminder to you, and that we have things in our life that we're really good at, and we have things in our life that we need to improve on and to get better, right? And as humans, naturally, we want to gravitate and spend more time doing the things we're already good at, right? It's just human nature. If we're good at it, we want to do it more. It's easy. We don't have to think about it much. We just go, we're in our wheelhouse, right? And if something is hard or we're bad at something, we just naturally don't wanna do it. We wanna avoid it. We want to gravitate towards those things that we are good at. And this is true if anything if you look at, if you look at any areas of your life where you have. Good, clear habits or maybe just use like your favorite restaurant to eat at. You love going to your favorite restaurant again and again because you're familiar with it, you're comfortable with it, you know the menu. It's easier to just go to that restaurant than it is to go find a new one, right? Or it can be like your gym routine. If you're working out, you just do the same exercises again and again because you're good at them already. You know them and it's familiar. And just even the thought of. Trying something new, trying a new routine, trying a new workout, trying a new diet, trying a new running path, trying something out of the ordinary is difficult because we aren't good at it, right? We're just not good at it. So we run from it instinctually and go and gravitate towards the things that we're good at. Now, this is the crazy part is you can look at goals that you set for yourself in life, and you can say, look. That the most meaningful goals, I guess we can agree on this, is that the most meaningful goals in your life are the biggest ones, right? And the most meaningful goals are the biggest ones. And which means the biggest goals are also the far feel like they're the farthest away, right? It feels if you're crossing a bridge, it's the longest bridge, right? It's like maybe the bridge is so long you can't even see the other side. And that's where. Most people, and maybe even you, that's where people start with their mindset in doing something or accomplishing something new. It's a big, long bridge and I can't even see the other side. And what this does though is it almost forces you if you aren't careful to say to yourself, you know what? I have such a long way to go. I can't even. Get motivated to put the first step in front of the other. Because the reality of it is it doesn't matter how long the bridge is, you're trying to cross the pattern or the plan to cross. The B bridge is exactly the same. You have to take the first step. You have to take the first step, and then you have to take the second step, right? And then you have to take the third step. And depending how long the bridge is, that's how many steps you're gonna have to take. But. If we become more focused at looking at the, at how long the bridge is versus putting one foot in front of the other, we can psych ourselves out into stopping. So here's some crazy statistics. Okay, so I did the math on this. That there's some crazy compounding effects that happen when you're consistent and you do something every day. So if your goal, no matter how bad you are at something, and no matter how new you are to something, your goal in your mind should be, I don't care how much I suck, I don't care how hard it is. I don't care how bad I am at this. I don't care how much people are gonna laugh at me when I do this. My goal is to get only 1% better every single day. Every single day. I try. I will just get 1% better. That's your only mission. That's the only thing you need to accomplish, right? 1% better because 1% better is just like putting the left foot in front of the right on a very long bridge. But these are actually the numbers on this. So I ran the numbers on this, and if you stick to something for 30 days, so one month. And your goal is to just get 1% better every single day, which is very realistic, by the way. Just a 1% improvement every single day. By the end of the month, you are 35% better at whatever it is you're doing. So whether that's going to the gym, whether that is losing weight, following a nutrition plan, whether that's building a business, whether that's writing a book, whether that's being a parent, whatever that is. If you just do it every day for 30 days in a row and get 1% better every day, you are 35% better by the end of the month, right? Crazy. Think about it, just at the end of the month, whatever you do, you are 1% better, right? If your goal is to learn the game of golf, and you go out every day and you swing a golf club and you just get 1% better every day. By the end of the month, you're 35% better. Now, here's where it gets really crazy. If you extrapolate those numbers over the years and you say, you know what? I'm just gonna do something consistently every single day for a year. The numbers on that are even crazier. You wanna take a guess at what this is. So the compounding effect of 1% by doing something. Every day for a year and just getting 1% better by the end of the year, you are 3700% better at the thing you started at the beginning of the year. So that's literally 37% better if you stick with something for one year. That means from day one, if you start something today and you continue to do it. For an entire year. By next year at this time, you are literally 37% better at the thing you started today. Think about it. Think about how crazy that is. Think about how much better think of something in your life that you've always wanted to do, but you are bad at. Just think about it, and because you believe that you're bad at it, you've just deterred yourself from starting. Think about it, just a year of doing it one year, right? You're 37% better. That's 3000. 37 times better. That's 3700% better than today. If you just get started. Now, if you look at how people get really good at things, you look at how people are really good at working out, really good at business. Really good at riding a bike. Really good at parenting, really good at golf, really good at sport, really good at a card game, right? Really good at anything for just one year. By doing something every day for just one year, you're literally 37 times better than you are the day you started. Now, think about how insane the compounding effects are on this if you continue to do it. Year after year. And if in just one year you're 37 times better, imagine what that would be like. In 10 years, imagine if you stuck with something and got 1% better every day for 10 years, what that would look like, right? And I think this is where people underestimate their potential, and this is where they underestimate their ability to improve at something. And you can go back and you can listen to older episodes of this show, right? You have growth mindset versus fixed mindset. And people who have a carry a fixed mindset, meaning they don't believe that they can get better at anything. They don't believe that improvement can happen. They believe they're born talented or not, and there's nothing they can do in their control. They sell themselves short because they stop, right? Because their mindset is fixed. Versus taking that growth mindset and saying, look, it's possible to get better at things if I just improve, if I do it every day, right? Just to get 1% better every single day. And if you have a hard time, and maybe you say to yourself, I would like to have a growth mindset, but my default is always a fixed mindset. When I come to things, I start very enthusiastic, but I always believe my potential is fixed and that I can improve. And then you lose motivation and invariably quit. The numbers behind. The reason I'm sharing this with you is because the numbers behind a growth mindset are this. If you don't believe growth is possible, you're essentially saying you don't believe in the compounding effect of consistency, right? And the compounding effect of 1%. Again, every day for a year, you are 37 times better than three. That's 3700% better than you are on day one. And if you actually stuck with it and did something for an entire year and allowed yourself to become 37 times better at whatever it is you're trying to learn today, you would basically be unrecognizable. You wouldn't recognize who you are in one year. You would be so much better like a 3700% improvement is insane. And the trick is you don't have to make big, you don't have to make big, gigantic, drastic strides every day. You just have to start with the attitude or the internal dialogue or the self-talk saying, I only need to get 1% better. That's it. Every day, just 1% better, and that compounds on itself over and over and over and over. Until before you know it, you've become the expert at something you don't even realize because it's become second nature. And why is that? Because you've done it every day, right? It's I've seen this over and over again. Is that. There's a lot of smart people in this world, but the thing and smart people don't always get to where they want to go because the thing that Trumps intelligence is consistency, right? And it's if you're super smart or you believe you're smart, but you struggle to reach your goals. Just remember that if you combine intelligence. With consistency, that's the superpower, right? Because the consistency any day trumps the intelligence. And it doesn't matter actually how smart or how dumb you are because if you start on day one and you do something, you're literally 37 times better in one year, right? And that's just one year. I didn't do the math on anything else but it, the numbers get crazy. And if you wanna know how humans. Get good at things like get insanely good at things like when you see humans that are doing things that you're like, I don't even believe that's possible. I can't even believe I'm witnessing this with my own eyes. It's because they've leveraged the compounding effect of the human body, and they've leveraged the compounding effect of consistency, which is I'm just gonna get a little bit better every day. And once you realize that the, that's the big superpower in life is realizing you can improve with everything. At anything you do. You have potential. And it doesn't take it, it doesn't take being talented, it doesn't take having great genetics. It doesn't take being, it doesn't require being really smart, none of that. It just requires being consistent and there's a lot of things in life you can't control. But one thing I can tell you for sure that you control is being consistent is just showing up every day. If you want to do something, you can make a conscious choice, right? Every night before you go to bed, without a doubt, you brush your teeth, right? You can be consistent at brushing your teeth. That's not a problem. Now, just imagine if you took the same consistency that you brush your teeth, and I hope you're consistent with brushing your teeth. I'm not sure, but I'm using that as an example, right? Let's just say. You apply that same mindset that you do brushing your teeth like every day. It's automatic. You just brush your teeth without thinking about it, and you took that same discipline and that same consistency, and you applied it to the thing you want to do. Where do you think you would be in a year? Where do you think you would be in two years? Where do you think you would be in five years or 10 years if you were just consistent? So if anything. I want you to take away from this is that it doesn't matter how good or bad you are at something, the only thing that matters if you want to become good at it is to be consistent because the compounding effect lies in the consistency. So anything you do just 1% better, again, in just 30 days of doing something, you're 35% better, right? You're literally 35% better at the thing you want to accomplish, right? And after a full year of doing that. You are 3,700 times better at that. So you're literally 37 x better in one year at the thing you started today. And if you continuously tell yourself that, it becomes a lot easier to wake up every day and get going because you realize I don't need to take one big leap. I just need to put one foot in front of the other. Because one foot in front of the other day, after day will eventually get you over the bridge and allow you to cross to the other side no matter how long the bridge is. And in terms of improvement, again, that's 37 times better in one year at the thing you want to accomplish today. So it doesn't matter how bad you are at something if you just do it every day. Even if you're bad at it, I guarantee you if you do it every day for a year and you're 37 times better than you are now, you're already, you've gone from maybe being terrible at something to now being in the top 5% of everybody that does the thing or wants to accomplish the thing that you want to accomplish. So take that away because, I read something else is in the new year, people make goals and by the 8th of January. 99% have already given up on their goals. Just in, in literally eight days they've given up on their goals. Why? Because they pick these big things that matter to them, and they start trying to take, they, they want to make these big strides and have immediate improvement right away instead of focusing on the consistency element, which is if you're just consistent, the improvement will compound. And over a year's time, or even a decade's time of doing the same thing consistently, you'll be unrecognizable to the person that you are today. So that's what I want you to take away from that. This show is never underestimate the compounding effect of 1% daily, and that's showing up every day and doing something consistency consistently, and watch how rapidly you change. So that's what I've got for today's show. If this was. Beneficial for you. Or if you are somebody who's been, you struggle to reach your goals, you'll you struggle to follow through. Put this, share this with somebody and keep this episode in the back of your mind. I just have to get 1% better every day. And if you know someone who can improve, just share it. Press the share button on the podcast. There's a button below. You can literally text the episode to one of your friends. You can email it to a friend, family member, a coworker. However you think, whoever you think would benefit from this. Excellent. I'd greatly appreciate that. All right, so that's all I've got for you on today's show. I will talk to you guys later.