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Showing posts with the label Business

The Power of Compounding

  Hello everyone, today I want to talk about the Magic of Compounding. I was introduced to this concept when I read the Atomic Habits. Compounding basically means that a small change done over a regular period of time would result in huge changes. Now, you would ask how, so do a simple maths, Let's say you improve every day by 1% for 365 days in a year. Then you improve by 36 Times (Approx.) Compound interest is the eighth wonder of the world, He who understands it earns it. He who doesn't pay it. Now, let us start with a few examples. 1. Warren Buffet Warren Buffet started investing at the age of 10 and has been invest for more than 75 years. Now, the real reason for his success is the compounding effect. He has spent on 400-500 investments so far in his life but most of his revenue has come from the max of 5 investments. Now, some people would say that it was his luck. Now, again even though it was luck but the odds of luck are more when you do more. Warren Buffet is an...

Things I learnt from Mad Over Marketing recently

Hello everyone, in this podcast, I would be talking about about two things which I came to know recently through Mad Over Marketing Podcast. Lamborghini V/S Ferrari Recently, I watched a podcast from Mad Over Marketing on this topic and I felt like writing about this. Today, Lamborghini and Ferrari are synonymous with luxury cars and are competing with each other for decades. And this leads to a question of how this rivalry began? Let us go back in time to World War 2 period, around that time, a man called Ferruccio Lamborghini, born in a farmers family had a passion for mechanics and spent a lot of time in his father's garage. During the war, he worked as a mechanic for the Air Force. After the war was over, he started buying the old military machines and started making tractors by repurposing them. After a few years, he became rich and now as he became rich he started building a collection of luxury cars including a Ferrari. He was so much into cars that he even started rac...