Brad HartI help 7-8 figure entrepreneurs scale faster with AI, masterminds, and results-driven systems | Founder of Optimus & Repurposefully

Turning $1 into $100 is not magic it’s math #makemoremarbles #buisness #wealth #marketing #business

Name: Turning $1 into $100 is not magic it’s math #makemoremarbles #buisness #wealth #marketing #business
Uploaded: 2022-08-31T22:14:18+00:00
Duration: 37 s
Channel: Brad Hart
Description: Brad Hart breaks down how $100,000 becomes $1,006,000 in 30 years at 8% returns. Longer time horizons and higher rates compound exponentially. It's math…

31 Aug 2022 · 1 min

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Brad Hart breaks down how $100,000 becomes $1,006,000 in 30 years at 8% returns. Longer time horizons and higher rates compound exponentially. It's math, not magic.

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Turn $1 into $100. It's not magic, you guys. It's just math. Let me show you. So let's say you put $100,000 to work, and you do it. You're getting 8% return over 30 years. At the end of 30 years, you'll end up with a million and $6,000. So about 10x where you're at. If you keep expanding the timeline, though, the exponential curve takes you up to $100 for every dollar you spent. So now you're sitting on 10 times that amount, which is about 10 million and 600,000. Now, what if you got a 9% return or a 10% return or a 15% return or a 20% return? Like Warren Bu, numbers get pretty crazy. Mind blown. I just wanted to show you this as a power of math. It's not magic, guys. It's just math.