Day 1518 – Crafting a Futuristic Exponential Mindset – Ask Gramps
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Welcome to Day 1518 of our Wisdom-Trek, and thank you for joining me. This is Guthrie Chamberlain, Your Guide to WisdomCrafting a Futuristic Exponential Mindset – Ask GrampsWisdom - the...
show moreTo keep with our theme of “Ask Gramps,” I will put our weekly topics in the form of a question to get us on track. This week’s question is, Hey Gramps, another type of mindset you mentioned a couple of weeks ago is an exponential mindset. What is an exponential mindset, and how can I craft an exponential mindset?
Crafting a Futuristic Exponential Mindset
Last week I explored some data that will back up why we should have a Futuristic Abundance Mindset. This week we will look at how to have an exponential mindset. I am using some of the information mentioned in Peter Diamandis’s blogs and book “The Future is Faster Than You Think.”
Do you have an Exponential Mindset? What is an Exponential Mindset?
That’s our conversation today…
We’ll discuss the advantages of having an Exponential Mindset and how it can benefit your business and life.
Our brains, the 100 billion neurons, and 100 trillion synaptic connections that shape everything we think and do. God created us as His masterpiece. As we read in https://www.biblegateway.com/passage/?search=Psalm%20139%3A14&version=NLT (Psalm 139:14), Thank you for making me so wonderfully complex! Your workmanship is marvelous—how well I know it.
For all of civilization, we are primarily “local and linear.” That is to say, we think locally and linearly. We are linear thinkers.
So, here’s an experiment. I will ask you a question, and then you can try with your kids or grandkids.
Choose between the following:
Option #1: I give you $1 per day for the next 30 days;
Or
Option #2: I give you a penny on the first day, two cents on the second day, four cents on the third day, eight cents on the fourth day, and continue to double it each day for 30 days.
Ok – within 10 seconds, choose.
Obviously, option #1 nets you $30… easy to predict, the definition of linear.
But option #2, where we are doubling - that is to say, growing exponentially, goes from deceptive to disruptive.
After the first five days (1, 2, 4, 8, 16 cents) net you just 31 cents -- it’s deceptively dismal.
But after 30 doublings, the situation gets disruptive… now we’ve increased the payout that will quickly reach a billionfold…
So if you, your kids, or grandkids choose option #2, they would end up with a payout of $10,737,418.24 in 30 days and $171,798,691.84 in 34 days!
That’s the promise and power of exponential growth!
One of our biggest challenges as entrepreneurs is to train our brains to think exponentially.
This isn’t easy to do. But it’s...
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Author | Harold Guthrie Chamberlain III |
Organization | Harold Guthrie Chamberlain III |
Website | - |
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