The Power of Compounding
What is the power of compounding?
Some of you have already heard that it is the eighth world wonder.
However, we won’t talk about the fact if you took a single penny and doubled it everyday, by day 31, you would have $10,737,418.23.
We will talk about how not paying attention to the power of compounding affects many of us.
When people start any type of business, they of course expect a profit.
They also have an expectation of the amount of time and effort they need to spend on this business for them to eventually make a profit.
Some people underestimate those things at the beginning, and then, all of a sudden, the type of success they have obtained turns out to be very different from what they’ve actually wanted from the very beginning.
Have a look at the companies like Amazon. It took Amazon about 14 years to make as much in net profit as they make now.
Amazon consistently lost money for its first several years as a public company.
But Jeff Bezos, the founder of Amazon, kept raising money on the stock market, despite the fact that it was a losing offer.
Some people put off starting their business ventures with, “Let’s do it tomorrow”, “Let’s wait for a better opportunity”, “Let’s make sure there is a right opportunity”, etc.
Warren Buffett calls those people “sleepwalking through life”.
Not doing things, not acting on things which can improve one’s life, not taking little risks, also compounds in ways that we can not predict.
Compounding in negative ways can bring great health and financial difficulties.
We at Flasch International have been working with health specialists (dentists, doctors, chiropractors, etc.) for 30 years now and we see it every day — doctors are too busy with their medical practice to look for other ways to earn money and create an Exit Strategy for themselves.
Do not underestimate the effort it takes for a good exit strategy.
And do not think that one doesn’t need an exit strategy.
In order to secure your future, you have to have multiple streams of income. Otherwise, you will always have different kinds of difficulties.
What does it mean to have an exit strategy?
Having an exit strategy means having passive income streams, that doesn’t require:
- Your time
- Your current professional knowledge
- Being tied to a single location
The Flasch Residual Income System is created for busy professionals, who want to have income streams which do not require time and involvement and yet they don’t have time for creating these exit strategies for themselves and for their families.
The program creates online streams of income with a turnkey, hands-off system that frees up a busy professional or a busy business owner to focus on what they love best.
Schedule your appointment today.
After this FREE appointment with us, you will learn about the new way of doing business and how to apply it in your life.
Helmut Flasch
Founder, Un-Advertising System
Flasch International
