you know there are two kinds of people in this world those who understand how compounding works and everyone else those who do make up the top 2% of society they make choices and take actions based on this idea of compounding this is what allows them to build incredible wealth and a life they take pride in here are 15 things that compound in life Welcome to alux the place where future billionaires come to get inspired so here's a perspective on life your 50s are when a lifetime of habits either start paying off or start catching up to you so the first one is number one what you believe about yourself now at the risk of sounding crazy that's the ROI of your mother the stories we believe about ourselves impact everything that unfolds if people told you you were smart when you were growing up and you believed them you became Smart in real life because you had to live live up to that identity but if they said you were shy you grew up thinking you were shy and an introvert then you slowly grew into yourself and started building your own kind of Stories the stories we believe about ourselves are what shapes the reality around us but you have to really believe them like deep in your soul this belief Alters the way others see you date you treat you do business with you and even more number two bad decisions now most people think compounding is just on the positive but it's not true a bad decision is like a stone in your shoe if you don't remove it not only will it slow your journey down but it'll cause you continuous harm and shape your future bad decisions actually compound a lot faster than good decisions do here's how we look at it good decisions compound like money compounds in an index fund slowly and predictably but bad decisions well they compound like the debt you owe to a lone shark the faster you get out the more likely you are to keep all of your fingers trusting the wrong person going to jail making a really bad hire early on not showing up for an interview it doesn't take long until your entire future collapses because of a chain of bad calls or missed opportunities bad decisions if unchecked compound into regret but corrected they compound into wisdom number three long-term Investments compounding is fueled by time right those who have the patience to wait for the seeds to grow into trees they'll enjoy the fruit and shade that comes with it as a reward long-term Investments are the closest thing to Magic that we have they turn patience into Prosperity but the main problem of our generation is we don't believe in anything slow we want to find out instantly and that's where those with patience can leave everyone else in the dust number four a great hire now we already mentioned the impact of a bad hire so let's focus on the positive because a good hire cuts the workload in half a great hire is not an addition to the team they're a multiplier a good hire doesn't require micromanagement they elevate the people around them a good hire brings Solutions and opportunities not problems the right person in the right position compounds their value over time a great hire brings in not just skills but they help to shape the culture and the energy around your business like a great novel the first chapter sets the tone of a book a great hire is like the best kind of chapter number five quality advice and guidance quality advice compounds look okay quality advice compounds because it doesn't just tell you what to do it teaches you how to think and once you know how to think well that how applies to everything do you remember the first person that believed in you and how important that was how it made you delusionally confident that you've got something special just the fact that they showed they saw you and the potential that you had shaped your attitude didn't it now imagine what happens when you have the right Mentor someone who instills in you that motivation backed by a clear set of steps One Mentor who cares about you and has the know how to give you the right advice at the right time it would be lifechanging wouldn't it what if you had 100 of them helping you just how fast would you make progress then you'd be willing to pay them millions of dollars if you had it because they would help you to make hundreds of millions in the long run and that's why we built the alux app we find the mentors on your behalf we have them share the really valuable insight that took them their entire lives to learn and deliver to you the advice when you really need it most because hundreds of thousands of people use our app we know in real time the steps that actually make a measurable difference in people's lives so we can do the same for you go to alux. com slapp right now and test out the free trial Foundation week will provide you with a framework that you'll use for the rest of your life we'll remind you about our trial on day five just to make sure you don't get charged at accidentally and those of you who are serious about growth you'll instantly realize just how much compact value is in this app and how you can immediately apply it to your life and business go to alux. com slapp and let us shape you to get you to your dream faster number six true friendships friendships that stand the test of time compound into one of the richest forms of wealth unwavering support and joy think of them as emotional Capital paying dividends with every interaction the value of true friendships compounds over decades as you grow your friendships provide a mirror a sanctuary and a source of wisdom that deepens with time as you grow older you'll realize you can't make new old friends so the value of those who stayed true to you really shoots through the roof this applies to your business Network as well because the most valuable thing in business is trust number seven your work environment now the environment you work in shapes your habits your mindset and ultimately your success it'll shape your health your beliefs and the lens you see the world through most of you struggle with lower back pain and you've only been doing this for a decade what about the takeaway food you order the Red Bulls the pills the smoke breaks you don't realize it but your life is made up of what you do on the day and work is one of the biggest chunks in your life calendar your work environment can either be conducive to your well-being or it can be a drag if the environment affects you physically and mentally well the people you work with will affect you emotionally number eight real skills early in life any real skill pays dividends every time you use it in life so the sooner you can start cashing them in the better learn how to use Photoshop or at least canva and you'll never have to wait for anyone to make you a banner a visual ad or remove something from a photo or crop an image ever again learn copywriting and you'll be able to build a following sales pages and an online identity that people will recognize learn how to communicate clearly to other people learn to inspire them learn to communicate a vision that only you can see any of these will be game changers that could lead to money wealth Fame and achievement number nine 1% improvements and outcomes look tiny incremental gains compound over time into massive shifts do not underestimate what 1% difference can make especially when it bundles up with everything else if you've been on the internet for a while you might have seen this equation right here but look that's not all there is to it let us give you a personal example so we've recently been working on the landing page for the alux app trying to optimize it you can see it in development live at A.
A so if the old landing page converted 2% of page visitors and this one converted 3% of visitors that's not just a 1% increase okay that is a 50% increase once you figure out the power of conversion optimization you shift where your energy goes because no matter what business you're running there are only three ways to grow it one ask your customers to give you more money than they do now AKA raising prices two get more people to walk into your store or website or three convert more of the people that are already in store now there are optimization opportunities for all three of them you deploy effort toward optimizing it once and then reap the benefits from it months and years from now and speaking of this strategy number 10 anything you can build once and sell 1 million times so there are two things that scale infinitely media and code we can make a video once and reach millions of people with it we can build an incredible app and millions of people can use it one of the greatest examples we have for this in action is our course platform al. org so since starting we've released one Flagship course every year since we care about the product it takes us a little over a year to develop a premium learning experience but once it's all built and shipped people can keep on buying it years later and you know in all honesty we've made millions of dollars selling online courses and most of it has been reinvested into the development of the alux app and its content all of our courses have what we call an extreme guarantee if you take the course and you believe you didn't get your money's worth we'll give all your money back believe it or not our refund rate is extremely low less than a quarter of the industry standard if you're a Creator or digital entrepreneur looking to learn exactly how we do it how we create our outlines the research that goes into our courses the exact tools we use to publish promote and sell our courses well that's exactly what online course Mastery is all about we'll take you behind the scenes and show you step by step how we do it if you want to learn exactly how to do the same go to alex. com digital and join the wait list once the course is complete not only will we let you know when the doors open up but we'll send you a discount code online course Mastery is the complete blueprint of how we do it and you'll get everything with the same guarantee as always you don't want to miss out on this so go to alux.
com sdigital and join the wait list you'll learn multiple skills that will compound over time and speaking of compounding number 11 automated Investments now automation removes emotion and inconsistency allowing compounding to really work its magic set it forget it and let time and the market do the heavy lifting for you you get rich when you spend what's left after your Investments poor people stay poor because they have it backwards so here's how we do it we've set an automated rule where 5% of any income that touches our account goes straight into an index fund that's the fund we refresh to feel better we set it as a percentage because income might fluctuate month over month we've got another Auto automated rule where a certain amount of money goes directly to the family fund every month a fund that anyone in our family can access to buy whatever they need it might sound weird but we have a portfolio of Investments that pays for our holidays our luxury holidays cost less than what a portfolio Returns on a yearly basis so the pool keeps growing and we don't have to spend any earned income to travel the world now before we move on to the next Point here's a golden rule of money the less you touch money the Richer you get so stop trying to buy low sell High stop trying to time the market and find that next 100x investment just trust the process automate into the S&P 500 and move on with your life number 12 charitable work and small acts of kindness every act of kindness creates a ripple effect the compound interest of doing good is measured in the lives you touch and the Goodwill that comes back to you in unexpected ways the crazy thing is you do good once and the dividends keep paying back for example two years ago we started building the alux International School in Uganda for those of you who don't know a percentage of all of the revenue we generate from the Alo app goes toward having a real impact in communities that need it most so almost 300 children attend this school now and it's become a local educational Hub in this underserved region now last year we had a medical camp set up for a week to provide medical care to the local community and 3 days ago we did it again 40 doctors and volunteers traveled to Uganda to increase the quality of the lives of the people there and this is the difference between donating money and building something that's useful year overy year volunteers from all over the world use our school as a base for humanitarian efforts and it all started with you watching an alux video like this one so on behalf of all of the kids at our school thank you to everyone watching these videos and especially to those subscribed to the alux app number 13 rational optimism now rational optimism is the belief that both your world and the world get better when you contribute to it it's the belief that tomorrow will be better than today longterm optimists outperform pessimists because they're willing to take chances that pessimists would dismiss as improbable this attitude of maybe I can do it increases your luck surface area with it luck simply compounds number 14 stable family relationships you don't realize just how big a flex it is to have non-toxic family members having a mom and dad that love each other no divorce no drinking or abuse no crazy talk when you meet it's the dream right having siblings actively involved in your life that you can share your joy and sorrows with Priceless you know you're not alone because they provide security confidence and lifelong support a stable family relationship is like the foundation of a well-built home like a European house instead of the cardboard homes they build in the US it stands the test of time number 15 reading and reading books now before launching our app the best money we ever spent was on books to this day we still spend close to $1,000 on books every year we buy them physically and we've got an audible subscription by the way here's a secret trick we use to read more than any of our friends we've got the physical book in hand and we play the audio on Audible at about 1. 4x this allows us to increase the pace of reading and still retain 100% of what we read so now we can finish a book in 4 to 6 hours we don't just go through the book we take notes in what we call our book journals these are business ideas or strategies that we uncover while we're reading and every year we reread the journals just to make sure we don't forget them we have a couple of books that we reread fully and still find Value in them every single time oh and if you want to test out the audible strategy yourself go to alux.
