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August 2010, Inter Growth & Awareness
Build Success Over Time
Would you rather have a penny that will be put in a bank account with the total amount doubled every day for a month or would you rather have 1 million dollars? by Jordan Schneider
Would you rather have a penny that will be put in a bank account with the total amount doubled every day for a month or would you rather have 1 million dollars?
On impulse, most of us would probably choose the million dollars – however, I’m here to tell you… that would be a REALLY bad choice! You see, if you have a penny, and each day over the course of the month you double its value (Day 1: 1 cent, Day 2: 2 cents, Day 3: 4 cents, Day 4: 8 cents, etc…), by the end of the 30th day you would have over 5 MILLION dollars in that bank account!
Don’t believe me? Do the math!
This is the incredible value of what we call compound interest — and it works in ALL areas of your life; not just with pennies!
This was one of the much enlightenment I received while reading Jeff Olson’s incredible masterpiece, “The Slight Edge”
Everything we do in life is connected to compound interest — especially the little things! You know, those little things we do (or don’t do) every day that, when compounded over time, make ALL the difference!
It could be something like going to the gym — no, if you don’t go you aren’t going to die of a heart attack…today. But if make that little choice “not to work out today”, or this week, or this month, you will look up 20 years from now and find yourself overweight and out of shape. All of those “not today’s” will have compounded over time to produce a very negative result!
But what if you choose TO work out today, and then you get up tomorrow and choose to work out that day too, and then get up the next day and choose to work out again?! Even if it is something as simple as spending 20 minutes jogging around your neighborhood, those 20 minutes a day, compounded over time, will produce a very POSITIVE result!
The same goes for eating healthy, putting a little money in a savings account, taking time to develop yourself daily, improving your performance in your career, enhancing your relationships, etc.
Most couples, when they are filing for divorce, cannot name “that one thing” that ended it all — normally, it’s “all the little things” that were… that’s right, compounded over time.
Take a minute to reflect on your day today, or even your last week — is your life heading up the success curve or down the steep slope of failure? When you look at the big picture, it can sometimes be hard to tell; but it’s those little actions (or inactions) each day that take you where you want to go.
Decide today to get on the success curve. No, you won’t see the results…today. You probably won’t even see them tomorrow, or the next day — or even the next week, or the next month. BUT when you continue to do those little things every day, in each area of your life, you WILL look up in 3 months, 6 months, 1 year, 5 years and see a VERY positive result!
The quote I leave you with is this, by the author of “The Slight Edge”, Jeff Olson:
“Time will either promote you or expose you.”
Jordan Schneider is in her early 20s and lives in Wolfforth, TX. She has been a home business owner and success coach since April of 2004, and has a great passion for teaching others how to go after and achieve their dreams.
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Jordan Schneider is in her early 20s and lives in Wolfforth, TX. She has been a home business owner and success coach since April of 2004, and has a great passion for teaching others how to go after and achieve their dreams
