Here’s How Consistency REALLY Makes You Money
Keep doing something, and you’re bound to profit from it.
Sounds good - but how?
I’m going to tell you about my ‘rule of 78′ for making money grow.
It’s a rule about how to make money doing something consistently:
Do $X a month, add $X a month to it, and you’ll make 78 times $X within a year!
Here’s an example: say for instance you make $1,000 in sales one month, and you’re confident you can add $1,000 more in sales every single month for the rest of the year. In twelve month’s time, you’re earning $12,000 a month - but all together, you’ve earned $78,000 over the whole year!
Here’s a chart to show you:
Just count it.
Month one: $1,000. Month two: $2,000 then $3,000 and so on till $12,000 after 12 months.
BUT if you add $1,000 + $2,000 + $3,000 + … + $11,000 + $12,000 you get $78,000 earned over the whole year!
Play around with the figures. for instance, in a perfect world you earn $1,000, but here on Earth you get $100 in refunds each month - so you’re ahead $900, and 78 x $900 = $70,200.
Or your membership site can add 100 new members at $5 each, or $500; that’s 78 x 500 = $39,000
And so on.
But the REAL REASON to remember Dave’s ActiveBlogging Rule of 78?
Because when you’re building wealth, don’t focus on how much you’ll end up with at the end of the year - focus on how much money you’ll make along the way!
You’re starting small now - but as you grow, you’ll end up doing much better than you first thought.
And the best part of it? Next year is going to get even better…
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