1000x in 15 Years with 50% Annual Returns!
Your initial investment does not matter!!!
(the previous line is important for all middle-class children, hence your parents were adamant about your education, they intuitively understood that your education will have a higher than 50% return, in the long run)
If your rate of return is between 50%-100% YOY.
Just sit tight and don't make any foolish decisions.... let the compounding do its magic with time.
This kind of return can only be expected from a marketplace business, where suppliers and customers interact and derive value just from the interaction itself. If one can create such marketplaces monetary gravitational force will be with them.
If I am correct and I chose to only invest/create marketplaces, then I should be a billionaire because of compounding and monetary gravitational force.
When I began my entrepreneurial journey, I had nothing other than my hard work.
I had no understanding of the concept of "direction" in a business.
Had no clue that 12 years later, I would realize that the Direction/type of business chosen would have more consequences on the eventual success of the business rather than hard work.
Hard work is a commodity, everyone does it.
Finding the right direction to put in the hard work is much more difficult to find.
We should have been taught this in school...fuck it!! .... Now I know.
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