This week I have been talking about “releasing weight” slowly over time. A little effort over a period of time = amazing results.
This morning on my walk, I listened to a recorded call by Robert G. Allen, best-selling author of The One Minute Millionaire. Bob explained it this way:
Take $1 a day, each and every day, and put it away under your bed (no interest). In 66 years you will have $25,000. Wow, that’s a lot of money. But wait, what if you compounded the interest?
$1 a day at 3% interest (wish we still had those rates!) would equal $75,000.
But, if you increased the interest just 2% more and made it 5%, now that amount would equal just under $200,000. Big difference from the $25K!
Now let’s say you decide to double the interest to make it 10%. That amount would grow from $200,000 to $2.75 million – ten times the result!
What if you added just 5% more? At 15%, you would now grow that number sixteen times, taking it from $2.75 million to $50 million.
But now, what if you put in just a little bit more interest to make it 20%? That $50 million would now become $1 billion, or twenty times the growth.
Just a little bit extra, increasing the interest by a third, creates huge multiples of interest.
Now what if you take that interest and look at is as time? And then, what if you compounded the effort? What would happen in your life?
If you figure that you need eight hours to sleep and an hour a day times three for meals and an extra hour for incidentals, then you have roughly twelve productive hours in your day. What if you spent 3% of your time on something? 3% of twelve hours would be about 21 minutes. What if you spent 21 minutes a day on something for 66 years? What would happen?
Now let’s say you decide to put in just a little bit more effort? Say you decide to spend 5% of your day on one particular thing. 5% of your productive hours would come to about 36 minutes. Would increasing the time from 21 minutes to 36 minutes a day x 66 years make a difference, considering the compounded interest example?
Now let’s say you decide to double that effort. Instead of 5% of your productive hours, you decide to spend 10%. Now you are spending 72 minutes a day on your decided project.
Think of all the areas in your life, all your interests, all your dreams. Is there something you’d like to compound the interest on? Back to releasing any excess weight, over time, that one meal at a time, one day at a time, one week at a time, compounds the effort and the results.
Never, ever, ever give up. If you fall off the wagon, pick yourself back up. Just remember the interest rate you are growing. A little effort over a period of time will = amazing results!
