Snehha ke Vichar: 8th Wonder of the World

Hello friends, I am sure you must be surprised by the title of today’s blog. You must be thinking ,am I mistaken,There are only 7 Wonders in the World.Is it a typo error? No you read it right . I want to talk about the 8th Wonder of the world. Let me share an amazing story with you.

This story is of two friends who stayed in a small town. They were young,dynamic and highly educated in that town.Everyone would look up to them.They were being respected by everyone. One day a big businessman comes to the town searching for them . He meets these two and asks them to work on one of his projects and he will pay them whatever they ask for. But they should finish the project in 31 days and he will pay them on daily basis.

Both the friends agree to work for the businessman.

When the businessman asks for their charges, the first friend says that he will charge Rs. 1lac per day. The businessman agrees to it.

The first friend now is excited and feels proud that he will earn Rs. 31 lacs in just 31 days. And he will be the richest person in this town.

Now the businessman asks then second friend about his charges.

To this the second friend says that he would charge 1rs. on one day, 2rs. on 2nd day , 4rs. on 3rd , 8rs. on 4th, 16rs. on 5th and so on.

Which means everyday my charges should be double then the previous day .

The first friend laughs at the second friend thinking that his friend is crazy. He will stay poor all his life.

What is he going to earn if he charges penny.

The businessman agrees to it too. And ask them to start working from tomorrow and you will get paid as per your choices.

Afterwards, when the businessman is gone , the first friend makes fun of the second by saying he is the most foolish person in this town.

When you could earn in lacs why did you ask for penny.

Look at me , I charged 1lac daily and by 31days in will earn 31lacs and that’s a huge amount.

The second friend laughs and say do you know how much I am going to earn?

By 31 days I will earn Rs. 107.37Cr.

Though initial it feels a negligible amount.But by doubling the amount daily, I can earn far more than you.

This is called as “AWESOME POWER OF DUPLICATION”.

It is said that this concept gives an Exponential Growth.

Hence, first friend who gets paid 1lac daily he ends up having 31lacs which is called as Linear Growth.

And second friend becomes millionaire by Exponential Growth.

Isn’t this awesome concept.

When I heard it the first time I could relate it quite well.

Before starting my entrepreneurial journey, I was doing a job where I had a linear growth.

No matter how much ever I work hard I would have earned money not wealth.

And wealth is something that is measure in time. When I thought of starting my own business I realised I should use this “AWESOME POWER OF DUPLICATION” in my business to have an Exponential growth and over a period of time I will have lot of money and lot of time . Which means I will have Wealth.

We all know world famous scientist Sir Albert Einstein, he has named this concept as

“8th WONDER OF THE WORLD”.

Einstein also said whichever business runs on this concept can never fail.

There are many businesses who use this concept in their businesses like McDonald’s ,

KFC etc. They had two choices. One was opening one shop and keep doing business all their life in limited area . Earning limited income and having linear growth.

Or they start duplicating their business(shop) in different cities and counties in the world and have unlimited income and Exponential Growth.

They knew the power of duplication and hence they all follow it in their businesses

They believe in duplicating their business all over the world . And you can see they all spread across the globe.

But we also have someone like “Amchi Shakha Kuthe Naahi”. Who owns a single shop all their life and earn handful of money like friend one in the story.

When there is single source and limited reach. The income happens linear.

But when there are multiple sources and global reach, the income happens exponential.

Today’s world is not about Competition but it is about Collaboration. Best example is Ola and Uber . Who collaborated with taxi owners worldwide and started having Exponential Growth.