The Flywheel Effect is a compelling concept from Jim Collins’ influential bestselling business book Good to Great. The idea is a metaphor for the gradual build-up of momentum through persistent and consistent effort, leading to a tipping point where progress becomes self-sustaining and rapid. Collins uses the flywheel, a massive, heavy wheel, to symbolize the […]
Words Into Works #115 | The Compound Effect
The Compound Effect is a transformative principle explained by Darren Hardy in his influential book of the same name. This concept emphasizes the immense power of small, consistent actions accumulating over time to produce significant results. However, it’s not just about making major leaps. Rather, it’s about consistency and persistence in the daily incremental steps. […]
Words Into Works #114 | The Progress Principle
The Progress Principle, detailed by Teresa Amabile and Steven Kramer in their book of the same name, is a powerful concept that emphasizes the importance of making consistent progress in meaningful work. This principle emphasizes that making regular progress on important tasks is the most significant factor in enhancing motivation, positive emotions, and creativity at […]
Words Into Works #113 | Ikigai
Ikigai is a Japanese concept that encapsulates the idea of having a purpose in life, something that gives you a reason to get up in the morning. In their book, Ikigai: The Japanese Secret to a Long and Happy Life, Héctor García and Francesc Miralles delve into this profound idea, exploring how finding your ikigai […]
Words Into Works #112 | The Circle of Competence
Warren Buffett, one of the most successful investors of all time, often emphasizes the importance of understanding one’s “Circle of Competence.” Although simple, this concept forms the bedrock of Buffett’s investment strategy and has profound implications beyond finance, including personal development and business decision-making. The Circle of Competence refers to the specific area of knowledge […]
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