The Marginal Effect as Seen Through the Eyes of Math and Science...
Hi, fellow Steemians!
Most of us are usually under the impression that in order to achieve great things, we have to go through great lengths.
That is a sensationalized idea of how we should be prepared to pay the price for the things that we want. While that is true, one should not forget the importance of the Marginal Effect and how it can supposedly change your life in the long-term commitment.
In one of our previous posts, we talked about the Marginal Effect as seen through the eyes of philosophy.
The idea that for making great change in your life, you do not necessarily have to go through great lengths. If you decide to lose 50 pounds, do not think of your goal as losing 50 pounds. Your goal is actually losing 5 pounds every week in a timeframe of 10 weeks.
Consistency and determination always work to your best interest. Imagine that you are trying to make a habit out of reading books.
If you read 5 pages a day, you will read 150 pages a month, and that means you can finish an average book in two to three months.
Now if you decide, just for the hell of the argument, to study 7 pages a day instead of 5 (which would mean dedicating a few more minutes), you will study 210 pages a month, and you will be able to finish the same book in less than two months.
What happens when you decide to read 2 more pages every day? Absolutely nothing. But if you zoom out and look out your goal from above, you will have read 210 pages instead of 150, and that is a great difference.
The Marginal Effect is against the idea of immediate effect and instant gratification. It needs dedication and patience. You need to be able to see the bigger picture, while focusing your energy to improve your routine in small ways.
Studying a new language for 10 minutes everyday (which is a laughable amount!) will not give you immediate results, but if you study a new language for 10 minutes for a year, you will have spent 5 hours every month becoming more and more fluent in it.
The same formula can be applied to any endeavor. It is an indication that even science and math favor the Marginal Effect and how it can effectively improve your life.
The beauty of the Marginal Effect is that it is not even hard to do. All you have to decide is to merely dedicate a specific amount of time everyday practicing a new habit or learning a new thing, and see the results in the long-term.
There is a famous rule amongst successful people which is known as the Five Hour rule.
It basically indicates that if you want to achieve something, or learn how to do something, or generally bring a new habit or capability to your array of qualifications in life, all you need to do is spend an hour every day of the week (excluding the weekend) to practice them.
After a couple of months, you will be adequately versed in the field of your choosing using the Marginal Effect.
Practice the Marginal Effect and put it to use in your daily life.
You will not live to regret this decision and will actually see the improvements with your own eyes!
A BIG HUG!
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Important Note!
I have been working very hard on this blog since the beginning. I have a very busy life but I am giving my best and believe me I have shared experiences that I have been coaching thousands of people and I know that the change of the Mindset should be daily. I am already grateful to see you giving upvotes to each other and you can see this with the fact that many already have 8, 9, 10 upvotes. But I'm sure that with the effort of all of us we will see a community with, 40, 50, 80 upvotes and for that everyone should get engaged so we can make it come true. I believe and we can! Resteem...
***Remember Community: Please, if you commented and upvote on a new post I did, please always go back to the previous one because if someone in the community commented lastly because of time zone differences it will be without your upvote and that would not be fair.
You all know the goal! We can reach: 50+ Upvotes each others!
Attention!!!
I'm reading all the meaningful comments from the posts.
I am here making a list of all of you who have helped build this community by voting for each other who write meaningful comments and soon I will respond to everyone with comment and thank you all because I can already see this spirit being built in this Positive Mindset community and help between all of you.
You will receive my upvote in all material and brief comments I will do this in all the posts I am following very closely and I can see what the people who are generous and contribute to this legacy that I am trying to build with all of you can become reality in a short time.
AND
First of all, I would like to thank all of you, who are the most active and proactive in this community, showing your generosity and always with meaningful comments. From now on I will always make a list of these incredible people who have helped to expand our goal of growing ever more.
But I ask that if you are new around here you read many of the previous posts because they make it clear that we are building a community with respect among all, generosity and this blog is for those who really want to start moving their Mindset to positive and moreover be part of the growth of all of us who contribute to this blog. Please do not ask to include you in the list if you are just wanting upvotes because we want here people genuinely attuned to growth and good attitudes and as I have always said with Respect as the basis of all, generosity and positivity!
ABOUT OUR LIST!!! WE NEED GROW THIS LIST! LET'S GO TOGETHER IN THIS COMMUNITY - RESTEEM!
Feel free if you want to be included in the list of contributors to this community. Just ask at the end of your comment.
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Thanks All of You!!!!
Dear @chbartist sir!
I agree with the use of marginal effects. A single habit or monthly months to do not include any habit, but continuous efforts are necessary for that. It is not necessary for a short time. The keypad of mobile is rounded by the touch of the iron, which we cast in the bus, in the day, we just get rid of the iron rods in some days. The saying that only a little effort can be achieved great things. Great things to get great things, we have not passed us from great length, but our effort should be to be considered to be a few minutes or only for a few minutes.
Thank you for your continuous inspiring articles.
This is a great notion to keep in mind whenever we feel overwhelmed by a goal or challenge. In Venezuela we have experienced this the hard way.
Some years ago when public transportation was as good as in any other Latin-American country and probably better than some, we saw walking certain distances in town as hard and unnecessary, especially given our perennial hot weather.
Now that we have few busses and cars circulating, and we have no choice but to walk from one end of town to the next, we realized that even if it takes you 3 hours to complete the distance to run the errand, you walk that distance one step at the time, one block at the time.
Now people challenge one another as to who has walked the farthest.
Of course, there is no much to feel proud about here, but I think it serves as example of mental conditioning and lowering of the anxiety to carry out a project.
I like the notion of marginal effect. Had used it with my students without knowing it by its name. Every time they complained about my reading assignments I asked them to do the math. When they realized that the time they had to devote to reading for my class was actually less than the time they spent on busses on a daily basis or less than the time they used on social-networking they stopped complaining.
Of course, most of them rarely sacrificed their not-to-do-anything time or their Facebook time for some stupid American author, anyway.
@chbartist, Yes, when we have particular goal and if we are breaking down in smaller Framework then for sure we will going to gain the Consistency at first and slowly we will face Productive results too. Stay blessed. 🙂
Yes friend, you have written very well. I feel that if we follow him regularly to remind us of anything every day, then surely we will get success.
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Saludos @chbartist! Excelente contenido. El efecto marginal o "cambio de manera incrementada en el comportamiento", permite de forma paulatina, el cumplimiento de un objetivo, como por ejemplo, el caminar todos los días, incrementando cada día un minuto, hasta llegar al tiempo deseado, disminuyendo la ansiedad al fracaso, ademas; permite al cuerpo adaptarse al esfuerzo, controlando lesiones que también nos proporcionarais frustración.
Si aplicamos el "efecto marginal" al adquirir nuevos "conocimientos y capacidades", tomando en consideración nuestras prioridades; al cabo de unos meses, habremos aprendido nuevas destrezas, adquirido nuevas competencias; que permiten tener éxito en las metas propuestas. La capacitación a través del "efector marginal" es una técnica eficiente de aprender o mejorar destrezas. Feliz día!This approach also leads to improved motivation as small steps allow objectives to be more achievable which in itself improved the motivation to nove forward toward the goal. Small successes build up quickly!
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exercising the marginal effect of actions is an epigenesis of change. it is like the progressive development of an embryo. There is one saying in my country, I don't know how to explain it in English but let me try it "a continuous/consistent drop of water shall pierce a rock"
Thank you @chbartist
I liked the five hour rule too! Habits can always be changed it just depends upon our will. moreover I will surely practice marginal effect.
Keep flourishing!
Good Morning
The marginal effect is similar to a planning by scale, you must program a routine that allows you to progressively meet the objectives, it is up to you, the time you want to invest to achieve your goal.
This same marginal effect is applied to the economy, in the form of reducing costs progressively, in an opportunity, I read somewhere, that a large company or travel agency reduced its costs by more than one million dollars, only, removing, from their salads, that serve the users of airplanes, an olive, for the clients could have been something unimportant, since, after all, it was only an olive, but for the travel agency it meant a reduction significant in its costs.
Everything depends on the planning and the opportunities that are presented to us, in order to reach the objectives.
Regards ...
I don’t know if this is coincidence, i am learning Spanish for 10 minutes every day and I hope this pays off over time.
A very valid pont- the marginal effect
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Great to know @moghul that you're learning another language. Surely it will give benefit in future. Great initiative
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Thank you
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