Dollarmakers.com BLOG

Wednesday, February 13, 2008

Tortoise or Hare?

You've heard the story about the tortoise and the hare. In today's busy world where everyone wants instant gratification, we need to remember that the secret to success is, as Jim Collins put it, "an overall accumulation of effort, applied in a consistent direction."

The idea is to persistently make minute improvements on a consistent basis that tend to compound over time like interest. A ¼% improvement in any skill each day is a 1-¾% improvement each week! A 7% improvement each month! An 84% improvement in just 1 year! It’s actually higher than that because all of your advances are compounding at an exponential rate!

Would you rather have $10,000 right now, or a penny doubled every day for a month?
Day Amount $
1 .01
2 .02
3 .04
4 .08
5 .16
6 .32
7 .64
8 1.28
9 2.56
10 5.12
11 10.24
12 20.48
13 40.96
14 81.92
15 $163.84

Halfway there. Do you think it was a good choice to take the penny doubled every day? Sure doesn't look like it's adding up very fast. Let's get back to work!
Day Amount $
16 327.68
17 655.36
18 1,310.72
19 2,621.44
20 5,242.88
21 10,485.76
22 20,971.52
23 41,943.04
24 83,886.08
25 167,772.16
26 335,544.32
27 671,088.64
28 1,342,177.28
29 2,684,354.56
30 $5,368,709.12

Patience and Persistence DO pay off. That was worth the wait!!!

That's the power of persistence and consistency. Now turn that into customer/distributors in your downline. You and each of them get ONE NEW CUSTOMER A MONTH -- and at the end of 30 months you will have a LOT of customers in your downline.

Robin J. Elliott www.DollarMakers.com