Day 209 - Compounding work https://golifelog.com/posts/compounding-work-1627466286686
What does compounding work look like?
t’s hard to identify compounding work because it’s hard to measure if the increase/growth is “interest on interest”. I can imagine some good habits like reading, writing, exercise, diet as potentially compounding, but I can also recall reading many books which didn’t amount to much at all. So how we do it seems to be key – it has to somehow build an “interest on interest” increase, not just an incremental increase.
compounding work would have these attributes:
• Recurring, unsexy habits (or even boring)
• Aligned to your existing store of knowledge, assets or skills
• Has an “interest on interest” amplification to the returns on your time/effort
• Actually moves the needle, give measurable, tangible progress
• Only things that you are uniquely capable of doing
• Scalable, beyond yourself and your time
t’s hard to identify compounding work because it’s hard to measure if the increase/growth is “interest on interest”. I can imagine some good habits like reading, writing, exercise, diet as potentially compounding, but I can also recall reading many books which didn’t amount to much at all. So how we do it seems to be key – it has to somehow build an “interest on interest” increase, not just an incremental increase.
compounding work would have these attributes:
• Recurring, unsexy habits (or even boring)
• Aligned to your existing store of knowledge, assets or skills
• Has an “interest on interest” amplification to the returns on your time/effort
• Actually moves the needle, give measurable, tangible progress
• Only things that you are uniquely capable of doing
• Scalable, beyond yourself and your time