The power of compound interest
Would you rather have a penny doubled every day for a month or one million dollars?
At first, the million dollars seems like a no brainer.
But if you took the penny and doubled it every day, by day 30, you’d have $5,368,709.12.
This is the power of compound interest.
Marketing works the same way.
You may not be able to double your number of social media followers, email subscribers, or website visitors every day, but with slow, consistent growth, you’ll see big results over time.