Albert Einstein famously said that compound interest is the most powerful force in the universe. This opportunity is all about you, I am just leading the way. It has helped people turn small investments into vast fortunes. He who understands it, earns it … he who doesn’t … pays it.” At first this quote might seem like a bit of an exaggeration but the math behind it shows that it is not. He who understands it, earns it he who doesn’t, pays it.” Let’s learn about compound interest and if what Einstein is saying holds any water. He who understands it earns it… he who doesn’t… pays it,” Albert Einstein once said. This is really the idea behind a company checking personal references as well as business references for potential employees. Albert Einstein is said to have once described compound interest as “the eighth wonder of the world”. Albert Einstein is said to have once described compound interest as _the eighth wonder of the world _. If someone has poor integrity, the word will spread. PERSONAL REPUTATION – Just like networking and business growth, the personal impression we make on people has the potential to multiply exponentially. Einstein called the law of compounding the 8th wonder of the world. In compound interest, interest is calculated on the appreciated value and not the base (original) value. Beyond the interest rate, the most important thing when it comes to compound interest is time. While much of that is attributable to the efforts of management and employees, there is one thing that is somewhat beyond their total control – customers. He who understands it, earns it … he who doesn’t … pays it.” Albert Einstein called compound interest the eighth wonder of the world.
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