Albert Einstein once said:
“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.”
I’m sure you’re familiar with the compound interest of money, but do you know about the compound interest of success?
A positive feedback loop can help explain the phenomenon in the real world occurrence of growing your compounding interest of success. A positive feedback loop is a loop where a small change has a compounding effect. So if you have money in a bank account you earn interest on that and then it comes around again and adds to both the original amount and the interest you earned. So it compounds and grows exponentially over time.
Applying this to real estate investors...you only need a slight increase and slight improvement over everyone else, or your competition before feedback loops start to take effect.
Go out there in and get an edge in whatever you do!