Penny Doubled Daily Principle
WHEN A PENNY IS DOUBLED DAILY FOR 30 DAYS, WHAT HAPPENS
The scenario was that if you were given a choice to receive one million dollars in one month or a penny doubled every day for 30 days, which one would you choose? This is the one economic principal that is Biblical. Day 1: -- $.01 ----------------------------------------------------------------- Day 11: -- $10.24 ----------------------------------------------------------------- Just like starting a business. In the beginning you struggle a lot to get things going and afterwards once it reaches to a point it just takes off smoothly. You spend 80% of your fuel during take off and once it reaches a certain point it flies smoothly with minimal consumption.
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