The law of compound interest applies not only to bank deposits and investments, but also to efforts

Hello. This is Tenmei Watanabe from Seito Medical School. This is a rewritten article. Below is the pre-rewrite article.

I feel that growth is something that increases like a snowball. In the investment world, we often hear about the law of compound interest.

It's a so-called exponential growth method, and it refers to Anpan that doubles with each stage. It is a mysterious story in which 1 anpan becomes 2 anpan in the next stage, 2 anpan becomes 4 in the next stage, and 4 anpan becomes 8 in the next stage. is.

Even if this compound interest gives you a 3% annual dividend like a bank deposit, if you deposit it for 20 years, it will be 1.03^20, which is the value multiplied by 1.03 20 times. 1.03^20=1.80, which means that even if you deposit 1 million yen with an annual interest rate of 3%, in 20 years it will become 1 million yen x 1.80 = 1.8 million yen.

The story of compound interest is famous when talking about investments and bank deposits, but I think the same can be said about the story of ability. The first year you start something, you'll probably be at Beginner's Luck and quickly learn how to do it.

However, if you use the same method in the second and third years, the growth will be smaller. It's fine if you add some ingenuity to your practice, but as I wrote in other previous survey articles, I believe that experience points form an S-shaped curve.

It depends on the item, but it grows on a gentle curve until the 5th and 10th year, then enters a rapid growth state from the 10th and 20th years, and then slows down again in the 30th and 40th years. My growth theory is to return to . I think the number of techniques that people know about it is probably different between those who are up to the 10th year and after the 10th year.

The more techniques you have, the more growth you can expect from adding them together due to synergy.

Until the 5th and 10th year, you can say that you are at the stage of training where you have absorbed the techniques that are currently relevant and are making them your own. Arrange it in your own way and make it your own. I think this is where the essence of rapid growth from the 10th year onwards is manifested.

I say it well. The basics are important. Once you have the basics, you will be able to apply them naturally. First, let's solidify the foundation. However, since I am not an outstanding and amazing person, there is no guarantee that this is correct. Everyone agrees that the basics are important, but many people think that application is more important than the basics.

This is because it is often applied in business rather than the basics. However, as long as you have a solid foundation, you can develop the application yourself. If you try to develop it yourself from the basics, it will be difficult, but I don't think it is that difficult to develop advanced techniques as long as you practice.

Create your own specialized applications. There you can get a glimpse of the essence of basics and applications. The 5th and 10th years are the time to learn the basics, so to speak, and the 10th and subsequent years are the time to apply and arrange things in your own way. The better a person is at arranging things in their own way, the more rapidly that person can grow.

The more you continue, the more the law of compound interest will work, and of course you will need to use your own ingenuity, but it can be said that the more you practice, the more you will get results. Maintaining the status quo in the same place is wasting your time.

Of course, any human being can experience a slump if they continue to do so. If you don't give up and try and error to figure out how to get out of the slump, you will be able to get out of that slump and be able to deal with it better when you find yourself in a similar slump again after a while.

The synergistic effect can lead to exponential growth that is more than proportional to the amount of time you continue doing something. Until then, if you keep having fun and persevering, you will soon be rewarded. that's all. Readers should also aim for compound interest. See you soon.