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The definition of
exponential growth is a constant and steady rate of growth over a
period of time where time increases in gradual steps and the other
variable (your network) increases at an unstoppable geometric rate.
As your network grows, so does your
economic power. Economic power is the potential amount of money you
will receive from your network. If you have 2 people in your
network, your economic power is 4 (1 : 2 squared equals 4). That
means, instead of having just 2 potential customers in your network,
you have 2 more because of the network each of your two referrals
have.
As your network grows some more, say to 10 people in your personal
network, your economic value now turns to 100 (1 : 10 squared equals
100.) So, instead of just having 10 people paying you money or
sending you online visitors, you potentially have 100 people helping
you from the people within your 10 personal referrals within your
network.
Economic value is just the starting point of understanding how the
term exponential works. Learn more about the definition of
exponential by understanding how it relates to the income you make
with your network. |