I honestly can’t remember where I heard or read this topic…but I think it creates a very impactful picture. Simply put, compounding is the return earned on returns from your original investment.
You are probably thinking, Jason, when did this become a finance channel? It’s not, I am referring to your investment in you or your team or your company…compounding can be an exponential growth factor if used correctly. The other side of that coin is compounding can also be the path to a quick and painful death.
Compounding works both ways, if you are continuing to elevate yourself of your team through development and learning, then you will over time, continue to get better together and the more you do it, the greater the outcomes will be on that learning and development. You will exponentially get stronger and more effective.
If on the other hand you continue to reinforce bad habits, chase your tails or ignore growth opportunities and difficult discussions…you will be earning returns on your investment in the negative habits of your company, which will make you exponentially slower, more toxic and less effective.
Simply put, you are either growing or you are dying. There is no world where you can just coast and be great at anything. Continually push yourself to get a little better each day…1% better…over time, you will see significant gains in your ability to lead, support, etc.
I hope this was helpful! Thanks for being here! Take care!
