What Does Exponential Growth Feel Like?

What Does Exponential Growth Feel Like?

We are local and linear thinkers in a global and exponential world.

Our biggest challenge as entrepreneurs is to retrain our linear brains and project exponentially.

This isn’t easy… but it directly affects your ability to do big, bold things.

In the following video from my Abundance 360 Digital Program, I discuss what exponential growth actually looks like, and the radical power it can have.

Watch it here:

Here’s the overview…

Our brain is excellent at extrapolating linearly.

It’s easy to predict where you’ll end up after 30 linear steps (30 meters away).

But if I asked you to predict where you’ll be in 30 exponential steps — where an exponential is a simple doubling... 1, 2, 4, 8, 16, 32, and so on — it gets harder.

In 30 exponential steps you’ll be a billion meters away – put differently, you’ll circumnavigate the Earth 26 times!

Predicting exponential growth is not intuitive.

It’s probably worth memorizing the following:

  • Double something 10 times, you get ~1,000x
  • Double something 20 times, you get ~1 million-fold increase
  • Double something 30 times, you get ~1 billion-fold increase

Entrepreneurs who understand the power of exponential growth, and can hop onto an exponential growth curve, can benefit significantly where others do not.

Let’s close with a fun experiment… If you have a child or younger brother or sister, consider giving them the following choice:

Option #1: Offer them $1 a day for the next 30 days.

Option #2: Offer them a penny on the first day, two cents on the second day, four cents on the third day, and so on.

Chances are, they take the first option.

$30 isn’t bad for zero work.

But if they took the second offer, what started out with a penny would result in $10 million on the final day.

Now we’re talking!

Remember these numbers and how vital it is to recognize exponential growth.

The same forces that enabled the fall of Kodak and the rise of Facebook can also lead to your next billion-dollar opportunity.

Interested in Joining Me? (Two options)

1. A360 Executive Mastermind: This is the sort of conversation I explore at my Executive Mastermind group called Abundance 360. The program is highly selective, for 360 abundance and exponentially minded CEOs (running $10M to $50B companies).

If you’d like to be considered, apply here.

Share this with your friends, especially if they are interested in any of the areas outlined above.

2. A360 Digital Mastermind: I’ve also created a Digital/Online community of bold, abundance-minded entrepreneurs called Abundance 360 Digital (A360D).

A360D is my ‘onramp’ for exponential entrepreneurs – those who want to get involved and play at a higher level. Click Here to Learn More.


Memory Ahec

Network Marketing Leader | Home Based Business Expert | Network Business Growth Specialist | Industry Training Leader

6 年

Well said, Peter! Thanks for this. Cheers!

回复
Nick Karanikolas

Conversations with success

6 年

Nice a fellow Greek with a ton of success I love it :)) bravo

回复
Pierce Mooney

Ex-USPTO Patent Practitioner Securing Your Profitable Innovation, PMI-ACP

6 年
Richard G

Asst PM at Cortland Partners

6 年

we're not all "linear" thinkers...LOL

回复

要查看或添加评论,请登录

Peter H. Diamandis的更多文章

  • AMECA'S HUMANLIKE EXPRESSIONS ARE REDEFINING ROBOT-HUMAN INTERACTION

    AMECA'S HUMANLIKE EXPRESSIONS ARE REDEFINING ROBOT-HUMAN INTERACTION

    Ameca is one of the world’s most advanced humanoid, and human-like, robots. Why? It’s not only Ameca’s incredibly…

    4 条评论
  • MIT’S FAVORITE HUMANOID ROBOT

    MIT’S FAVORITE HUMANOID ROBOT

    The total number of amazing humanoid robots under development is breathtaking. What was once was a wasteland of…

    2 条评论
  • FIGURE VS. TESLA: WHO LEADS THE HUMANOID ROBOT REVOLUTION?

    FIGURE VS. TESLA: WHO LEADS THE HUMANOID ROBOT REVOLUTION?

    The race to build general-purpose humanoid robots is heating up. In my last blog, I discussed the latest (rapid)…

    15 条评论
  • TESLA’S PLANS TO DEMOCRATIZE HUMANOID ROBOTS

    TESLA’S PLANS TO DEMOCRATIZE HUMANOID ROBOTS

    Elon is a major science fiction geek, naming products like Grok, Plaid, Falcon, and Starship, so it’s no surprise he…

    19 条评论
  • HUMANOID ROBOTS ARE HERE: SOON MILLIONS, THEN BILLIONS OF THEM

    HUMANOID ROBOTS ARE HERE: SOON MILLIONS, THEN BILLIONS OF THEM

    We’ve been talking about robots for decades, so why are we seeing an explosion now? Originating from the Czech term for…

    18 条评论
  • THE EMERGENCE OF HUMANOID ROBOTS (PART 1)

    THE EMERGENCE OF HUMANOID ROBOTS (PART 1)

    What’s your favorite humanoid robot? Commander Data, C-3PO, Optimus Prime? Regardless, science fiction is now becoming…

    15 条评论
  • THE FUTURE OF LEARNING: PERSONALIZED AI TUTORS FOR EVERY STUDENT

    THE FUTURE OF LEARNING: PERSONALIZED AI TUTORS FOR EVERY STUDENT

    AI-powered education is something we owe the next generation. Alongside healthcare, I can’t think of another field more…

    55 条评论
  • HOW TO INVEST IN AI

    HOW TO INVEST IN AI

    AI is about to become the biggest investment theme in the world. So how do you get started investing? In 2023, more…

    21 条评论
  • WILL AI REPLACE ALL CODERS?

    WILL AI REPLACE ALL CODERS?

    Will AI take over all coding? During last year’s Abundance Summit, Emad Mostaque, CEO of Stability AI, made the…

    33 条评论
  • YOUR AI WINGMAN: REVOLUTIONIZING YOUR LIFE BY 2028

    YOUR AI WINGMAN: REVOLUTIONIZING YOUR LIFE BY 2028

    How deeply entwined will your personal AI (copilot) become in every aspect of your personal and business life? Probably…

    13 条评论

社区洞察

其他会员也浏览了