August 8th, 2016
THE MAGIC OF EXPONENTIAL GROWTH
A PENNY DOUBLED EVERY DAY:
Would you rather have $1,000,000 or a penny doubled every day for 30 days? Let’s say you are on to my little game and so you choose the penny doubled ever day. Okay great!
On Day 10 you would have $5.12. You can get out now and I’ll give you $500,000. Or you can stay in. On day 20 you have $5242. I’ll give you one more chance to back out for $250,000. Or you can choose to stay in. A penny doubled every day for 30 days = $10.7 million (10X more than $1 million)
Most people that don’t understand geometric progression would choose the $1 million. Most people get out of Network Marketing way too soon because they don’t understand this principle of geometric progression!
By the way changing companies every 1- 3 years because you think you found something better has the same impact. Remember on day 10 you only have $5.12 cents! You may look at your group after a year and feel like nothing is happening. That’s how it is in the beginning!
I made $8 million in my last company, and after my first year I was earning less than $200 per month. After my second year, I was earning less than $3,000 a month. It’s the nature of geometric progression.
LILY PADS: A lily pad duplicates itself daily. You plant the lily pad in the pond. On day 30, the pond is 100% full. How full is the pond on the 29th Day?
THE POWER OF ONE MORE:
In network marketing we often talk about three who get three who get three. It never works this way in real life, but for purposes of example, let’s say it did. If you sponsored 3 and they each got three, you would have 9 on your second level. If they each got 3 you would have 27 on your third level and so on for 7 levels. This is what a perfect Three by Three Matrix would look like. 3X3X3X3X3X3X3 = 2187
1 = 3
2 = 9
3 = 27
4 = 81
5 = 243
6 = 729
7 = 2187
Now let’s suppose we teach each person to go out and just get one more for a total of four.
How many do you suppose would be in the 7th generation? It’s the power of 1 more. 4X4X4X4X4X4X4 = 16,384
2 = 16
3 = 64
4 = 256
5 = 1,024
6 = 4,096
7 = 16,384
The difference between a 3X3 vs a 4X4 in our plan equals 14,197! In the job world the difference between 4 and 3 is 1. In our world the difference between 4 and 3 is 14,197!
Let’s take it a step further . . . Let’s say we teach each person to go out and get 5 instead of 4 or 3. So 5 who get 5 who get 5 and so on. 5X5X5X5X5X5X5 = 78,125!
1 = 5
2 = 25
3 = 125
4 = 625
5 = 3,125
6 = 15,625
7 = 78,125
The difference between 5 and 3 in the job world is 2. The difference between 5 and 3 in our world is 75,983! Do you see the difference that just of few more can make?
EVERYONE GET’S 1 PER MONTH:
MONTH 1 – 2 (YOU + 1)
MONTH 2 – 4
MONTH 3 – 8
MONTH 4 – 16
MONTH 5 – 32
MONTH 6 – 64
MONTH 7 – 128
MONTH 8 – 256
MONTH 9 = 512
MONTH 10 = 1,024
MONTH 11 =2,048
MONTH 12 = 4,096
ALL the people from months 1-10 combined don’t equal the number of people that came in on month 12!! Do you see the impact of quitting? And do you see the impact of not quitting! Those that stick around and WORK get the benefit of exponential growth. Now let’s add some dollars on to this. If each person represented $5 a month in income take a look at what happens:
MONTH 1 – 2 (YOU + 1) = $10/mo
MONTH 2 – 4 = $20/mo
MONTH 3 – 8 = $40/mo
MONTH 4 – 16 = $80/mo
MONTH 5 – 32 = $160/mo
MONTH 6 – 64 = $320/mo
MONTH 7 – 128 = $640/mo
MONTH 8 – 256 = $1280/mo
MONTH 9 = 512 = $3584/mo
MONTH 10 = 1,024 = $5120/mo
MONTH 11 =2,048 = $10,240
MONTH 12 = 4,096 = $20,480
I’ve used months as an example here but each month can represent any unit of time. So for example if you are working the business part time, 1 month in this example could represent 90 days based on what you are putting into your business.
And standard piece of 8X10 copy paper is .0039 thickness. I’m going to ask you to fold it 20 times and you won’t be able to. But you can try. This example will give you the true power of exponential growth and geometric progression.
Now fold your paper 3 times – It’s the thickness of a finger nail
Fold your paper 10 times – It’s the width of your hand including your thumb
Fold your paper 14 times – It’s the height of a person
Fold your paper 17 times – Its the height of a two story house
Fold your paper 30 times – It’s the height of the outer limits of the atmosphere
Fold your paper 50 times – It’s the distance to the sun
Fold your paper 80 times – It’s 12,000 light years away
Fold your paper 90 times – It’s 12 million light years away!
Now i know this sounds ridiculous but it gives you an idea of the power of sticking around and continuing to build your business vs starting and stopping over and over again. Time plays role in the growth of your income and your business. Each time you take a break with large gaps in between, you are significantly diminishing the possible impact geometric growth on your business.
In real life people come and go and not everyone duplicates. Some duplicate a lot and others not at all. Some groups grow into the thousands and others fizzle. It’s just the nature of people But, as long as you stay strong and continue to advance your business, some that are not working will spring to life and some that left will return. By you anchoring yourself like a rock that is part of the foundation, you’ll get to experience something that few others get to experience. Geometric progression in our business is reserved for those that stick around over the long haul. It’s a beautiful thing. Continue to put new distributors and customers in the business and hold the vision for the entire team. Only a few people experience this phenomenon because only a few are patient enough and resilient enough to hold their stand over the long haul. It breaks my heart when I see someone that has so much potential drop everything to go do something else because it wasn’t happening fast enough for them. This represents someone that doesn’t understand the nature of our business. And people like this never get a residual income worth talking about because they are always starting over. They never get to experience geometric progression. And geometric progression is one of the most powerful concepts in our business. True freedom happens as a result of the exponential growth that only occurs given enough time.