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Compound Interest in Business

By: Deb Bixler

 

Compound Interest in Business

Albert Einstein said that the most powerful force in the universe is compound interest and it is either working for you or against you!

Well, it’s February… How are your business resolutions holding up?

Hopefully you are using compound interest to create the successes you planned for 2018!!

Everyone understands that compound interest applies to money.

You can invest in something and accumulate interest which then begins to pay you interest on the interest which means that it is compounding. You are making money on your interest.

Or you can borrow money and pay interest, which when it is compounded, costs you money.

In both cases one day of interest is minor, yet when compounded it becomes huge.

Compound interest is either working for you or against you and it is your choice.

Compound Interest in Business

The principle of compound interest relates to everything it is applied to.

Just like the law of gravity (another principle), there are no exceptions.

It applies to your life, health and also to your business.

Let’s say that you eat a bag of chips today.

Chances are that it won’t kill you. If the results of poor eating choices were more immediate, then fewer people would be unhealthy, because the fear of death would stop them from continuing to make poor choices in their diets.

It is only when you eat a bag of chips every day that the choice becomes a powerful force that brings you ill health.

The choice of eating an apple today will not result in immediate health benefits, yet when eaten daily, the power will kick in and pay off with a healthy body.

Compound Interest in Direct Sales Business

Compound interest plays a role in your direct sales business too.

Make your calls today and it will affect your business a little.

Make a big impact habit of making your calls 5 days a week for the rest of your life and compound interest will become a force in your office, generating a solid and consistent stream of income.

It goes the other way too.

Skip your calls today and your business will not fold. Skip your calls continuously and your business will be shutting its doors.

Success Depends On Daily Investment

A day to day investment in your direct sales business will guarantee long term success. One day at a time investing continuously in your business will result in success.

Albert Einstein believed that compound interest is the most powerful force in the universe. If it is not working for you, then it IS working against you.

In your business every choice is minor in terms of immediate results.

Yet on a long-term basis, the most powerful force in the universe will be working for you or against you…. your choice!

Published: February 27, 2018
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Source: Create a Cash Flow Show

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Deb Bixler

Direct sales party plan educator, Deb Bixler, host of the Cash Flow Show - Direct Sales Radio is the leading authority for home party plan business training. Recognized worldwide, Deb provides corporate consultancy, party plan coaching, online and live training events as well as social media management for the home business consultant.

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