Pursuit of Daily Growth
Reinvest in yourself daily and the compounding makes you far more valuable in five years.
- Difficulty
- Easy
- Time to result
- ~ongoing to results
- Steps
- 4
- Confidence
- 82%
Schaefer's answer for becoming more profitable is the pursuit of daily growth, which did not click for him until age 26. Echoing Alex Hormozi's advice to reinvest in yourself, he argues nothing returns more than improving who you are, because that value compounds. The practice is a nightly self-audit: ask what you learned, how you got better at your craft, and how you became a better person, and never let days string together with no answer. Paired with this is the advice that changed his life from a mentor: stop focusing on your weaknesses, lean into what you are good at, and become great at those things.
Origin
The daily-growth idea landed for Schaefer at 26, despite not coming from a family of readers. Separately, after he hit 110% of goal and his boss picked him apart, a manager wiped his paperwork off the desk and told him to stop fixing weaknesses and be great at what he was already good at, advice Schaefer says changed his life.
Core principles
- 01The highest-return investment is improving your own skills and self.
- 02Daily learning compounds into outsized market value over years.
- 03Accountability comes from a daily self-audit of growth.
- 04Focus your energy on strengths rather than fixing weaknesses.
How to run it
- 1
Reinvest in yourself first
Treat improving your own skills and character as the highest-return investment available, ahead of external assets.
Pro tip Hormozi's answer to how to invest $10,000 at 20 is to grow your skill sets in the marketplace.
- 2
Run a nightly growth audit
At the end of every day, ask what you learned, how you got better at your craft, and how you became a better person.
Watch out If you string together days with no answer, that is your signal to go grow immediately.
- 3
Let it compound
Sustain the daily practice so that the small daily gains compound into being far more valuable in the marketplace years later.
Watch out Half-hazard, inconsistent effort forfeits the compounding advantage.
- 4
Lean into strengths, not weaknesses
Stop getting hung up on what you are not good at; become an expert and great at the things you love and do well.
In the wild
After Schaefer crushed 110% of goal, his boss criticized his weaknesses; his manager later swept the paperwork off the table and told him to stop focusing on what he was bad at and be great at what he was good at.
→ The advice hit him like a ton of bricks and reshaped how he directs his energy and coaches others.
Common mistakes
Neglecting self-investment
Chasing external returns while failing to grow your own skills forfeits the single highest-return investment you can make.
Fixating on weaknesses
Pouring energy into shoring up weaknesses instead of amplifying strengths serves you far less than becoming great at what you already do well.
Is it for you?
Best for
Entrepreneurs and professionals wanting a durable, compounding edge in the marketplace.
Not ideal for
Those seeking a fast, one-time tactic rather than an ongoing daily discipline.
From the transcript
“don't let a day go by that you're not growing and learning and improving yourself because that starts to compound”
“stop focusing on the things that you're not good at. Focus on what you're good at and be great”
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