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Persistent Genius

March 29, 2020 by  
Filed under blog

Let’s look at another famous and super successful person this week, someone who had some very tough times and setbacks that, for many if not most people, would have forced them to give up and say goodbye to their big dreams and great hopes. I think you may have heard of him – his name is Albert Einstein.

Einstein didn’t even start talking until he was 3 years old and didn’t read at all until he was 7. That by itself wouldn’t be classified as tough times or a big setback but later, when he was in school, he poorly. He wouldn’t respond to the teacher when asked a question or he would take forever and then would whisper a response. He was also known for being incredibly forgetful and absent- minded. He would often forget to put on his socks and many other basic things. Many people believed that Albert Einstein was mentally retarded although he did excel at mathematics from a young age and even taught himself algebra and geometry one summer when he was 12 years old.

At the age of 16, he applied to the Swiss Federal Polytechnic School in Zürich but was turned down after he failed the entrance exam. He was advised to finish his secondary schooling, which he did, successfully enrolling in the four-year mathematics and physics teaching diploma program at the Zürich Polytechnic school at the age of 17.

Quoting from Darcy Andries great book, The Secret of Success, Is Not a Secret, “It was not until after the first of Einstein’s theories, the ‘Special Theory of Relativity’, was published that the scientific community truly recognized his talent. However, even then many scientists attacked his theories, calling them ‘worthless and misleading’ and asserted that Einstein ‘has not a logical mind.’ None of these kinds of comments and failures stopped him. He became professor extraordinary at Zurich, and later a professor of theoretical physics at Prague. The highlight of his scientific career came in 1921, when Einstein won the Nobel Prize in Physics.”

So, here’s a guy who had many reasons to pack it up and not chase any big dream or goal but, wow, look at what he did and who he turned out to be. Even though I am pretty sure that good ole Albert didn’t have a clue that 100 years after winning the Nobel Prize he would still be famous and known worldwide. Alex Johnson, a reporter for MSNBC, said this about Einstein: “Albert Einstein’s impact on the world was so immense that any assessment must range beyond science to take in the multifarious ways he changed culture.”

These stories and many others certainly inspire and motivate me to never give up on my hopes, dreams and goals. I hope you feel the same way.

Compounding People

April 22, 2016 by  
Filed under blog

“The most powerful principle I ever discovered was compound interest!” –Albert Einstein

I relayed that quote in my blog last week. It’s a pretty amazing that here’s this brilliant scientist and thinker saying compound interest was his most incredible discovery. The thing is, the incredible power of compounding applies to more than just money. Many smart people have figured out how to expand or compound themselves or their business. To do so, they compound people.

Many religions figured this out years ago. Realizing that if they encouraged followers to have a lot of children they could grow their religious cause very, very fast.  Do you realize that if you had 10 kids and each one of your kids had 10 kids and each of them had 10 kids and that continued on for 10 generations or about 250 years, that would produce an amazing, almost unbelievable 10 billion human beings! That’s 3 billion more people than are on the planet earth right now, and all those 10 billion came from just you and your partner. That probably would never happen but it does demonstrate that huge power of compounding.

But now here is real life and modern example of the power of people compounding. In February 2004, Mark Zuckerberg and 3 of his classmates at Harvard came up with the concept of what we all know now as Facebook, which they introduced only to Harvard students in the beginning.  Within 24 hours of launching Facebook they had over 1200 students register.  Two years later in September 2006 they opened it up to everyone 13 years and older who had valid email addresses and would you believe that by August 2008 they had over 100 million signed up?

It certainly didn’t stop there and by April 2009 their numbers totaled 200 million which doubled to 400 million less than a year later and at the end of 2014 that number hit an amazing 1.39 billion.  How did all that happen?

If you use Facebook at all you know that answer.  You contact 10 of your friends who make contact with 10 of their friends and that continues on and on again, just like having those 10 kids.  And Zuckerberg sure did cash in on that power of compounding of people.  He’s now the 4th richest person in the USA with a net worth of 44.6 billion dollars and growing.

In other words, if you can get a few people behind you who are willing to recruit a few more each who are also encouraged to bring in a few more, you could have a team or group or army to help build your dream. I would encourage all who read this, as well as myself, to strongly consider how we can expand our reach and/or our business by using the power of compounding with people.