Saturday, July 13, 2013

Small compounding business improvements

Compounding is awesome. How can the power of compounding be applied to business?

What if we set a goal to improve every aspect of the business by a small percentage every year, say 6% every year. The iron law of compounding assures us that if we can sustain those improvement for 12 years, the business will be twice as good.

Small sustained improvements = awesome long-term success. That's the application of compounding.

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