#326. Compounding Interest

Summary: In today’s Management Secrets of the Sales Secrets Podcast, Brandon explains the importance of knowing about compounding interest, the 8th wonder of the world. If you invest $100,000 and you get a 10% return, it doubles in 8 years' time. It will double again in 7 years and, this time around, it would have taken one year less to do it! By year 25, you've 10x'ed it and made over a million dollars. Have a long-term mindset, make as much as possible, invest the money, and enjoy financial freedom. You can invest in yourself, invest in the tech to make more money, or invest in markets and real estate.