Anti-habits and the curse of compounding
Albert Einstein called “Compounding” the world’s 8th wonder because over time an asset can grow exponentially. For example, say you invest $ 1,000 today and generate a return of 10%. In one year, you will have accumulated $ 1,100. In year two, you will have...
The paradox of passion
I love asking sports experts what they say it takes to become a world-class athlete, one of the first things they say is this: “To be successful, you need to be both talented and passionate about your sport.” I do the same with successful entrepreneurs and usually get...
Day 14: Creating a lasting habit
I used to struggle going to the gym unless I worked with a private coach. Then I discovered kickboxing and boxing classes. Initially, I would keep finding excuses to miss one class after each other. This continued until I made a commitment: I would go to classes at...