Wednesday, May 16, 2007

The magic of compound growth

The mind map on the previous post is approximately 5% of the whole mind map that I will eventually show to people who have enrolled in the Business E-ducation Program. "B.E.E.P. curriculum" stands for Business Empowerment for Exponential Profits.

By "empowerment," I mean that either somebody gave you power, or you grabbed power. Either way, I mean power in the sense of "knowledge." And knowledge is best defined as the "capacity for effective action."

So somebody who has a management degree, but doesn't know what to do in a business situation, does NOT have knowledge. He may have a nice degree, properly framed and hanging on a wall in the living room. But he does NOT have knowledge (i.e. power).

As for "Exponential Profits," I refer to a person's ability to see, with his mind, "money seeds" everywhere. Exponential profits come from seeing money as an organic seed which produces limitless wealth.

This requires, of course, that the money seed be planted in a highly fertile environment that will nourish it and grow it. Such a fertile environment is the properly excited human mind.

If a person's mind is not fertile and doesn't nourish the money seed, then the money will just die.

This is why, for instance, over half of people who win a million dollars at the lottery, become bankcrupt in two years. This means they are POORER than they were before they bought the winning lottery ticket!

This is also why most self-made millionaires come from poor families and started out in life with very limited resources: Brian Tracy, Anthony Robbins, Matt Morris, etc. just to name a few.

In truth, it's not the size of your money seed, or how many money seeds you have. It's your skill at creating and sustaining the compounding growth of that seed.

Einstein hinted at that secret when he said, on the evening where he received his Nobel Prize, that the greatest force in the universe is that of compound interest.

In short, to become wealthy, you've got to find a way to create and sustain compounding growth. Read the book by Curtis Carlson to know the secrets regarding compounding growth.

By the way, have you noticed the total absence of any kind of compounding growth in the working life of employees? Indeed, the salary of most people is fixed throughout the year, and even from year to year. Since salary reflects contribution to corporate success, it then follows that there is NO compound growth in the person's professional contribution or career development.

0 Comments:

Post a Comment

<< Home