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Compounding is Essential for Wealth

11 March 2010 169 views View Comments

Do the math! Start with one penny and double it every day!

Within one month, the power of compounding will have made you over $1 million dollars.

Before you dismiss this idea as impossible, why not try it? Just take it one step at a time.

At what level of success does your mind start to resist you can do it? Remember, your beliefs and attitudes give power to your actions.

Words that empower you to use the power of compounding:

  • “How can I double what I have?”
  • “Focus on what I have, not what I don’t have.”
Apply This Concept

.01 + .01 is .02. .02 + .02 is .04, and so on.

It is only when we continue to add to our original amount that we start to see the miraculous nature of the power of compounding.

.04 + .04 is .08. (Day 3)
.08 + .08 is .16.(Day 4)
.16 + .16 is .32. (Day 5)

Believe it or not, by day 27 you will have accumulated $1,342,177.20.

How will you harness the power of this great tool in your business? In taking actions? In compounding your thoughts? In multiplying your results? In enjoying life’s memorable experiences?

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