The power of 35%
January 18, 2011 1 Comment
Its the mathematical magic of compounded growth. 35% growth, year-on-year, for 10 years – and your revenues are up 20 times from where you are today. For a 5 cr company, it means that you’ll be reaching the coveted 100 Cr number.
Too often we get consumed by the magnitude of the target. For a 5 Cr company, a 100 Cr number seems unattainable. But if you look at it as 35% annual growth, it’s a little less intimidating (especially if you’re a start-up, or if you’re in a high growth market).
Simplify your life, focus on the 35%.
amit – surely you meant 36%, not 35 🙂 the rule of 72!