Zinzino Leadership Conference: Exponential Compound Growth
Posted by Orrin Woodward on July 5, 2013
This past week, I went to Norway to speak at a leadership conference hosted by my good friends and Zinzino founders Orjan and Hilde Saele. The conference was impressive as the crowd was over the top excited and the leaders are growing numbers. Not surprisingly, the Saele’s model this behavior and are constantly growing and changing to become better leaders. In fact, that is why they value the LIFE Leadership training materials so highly.
Interestingly, during the weekend, Orjan shared with me a concept of how a domino can knock over another domino 50% larger than itself. After only a few dominoes, the size of the domino being knocked over increases greatly from where one originally started. I quickly saw the connection of dominoes being knocked over that were 50% bigger and an organization growing at 50% compounded yearly. For in both examples, the small beginnings lead to huge results after several iterations of compounding.
Indeed, Orjan later shared a video confirming the domino compounding effect (see below). Notice how a small domino (5 mm X 1 mm) after 29 iterations of 50% larger dominoes leads to a domino larger than the empire state building being knocked over from the energy initiated by the tiny first one. This is a wonderful example of the power of leverage over time and why the largest of movements begin with a few proper actions performed consistently.
This was my 3rd leadership conference in Norway and the Saele’s are leading an organization that is increasing at 50% per year just like the model describes. For every large company starts small, but through consistently compounding its results, it eventually dominates the field. However, in order to compound results, it’s the leaders who must first do what needs to be duplicated. This is the key for all great leadership cultures.
LIFE Leadership has built a great leadership culture because the leadership teams leads from the front. LIFE is an information company that started as a tiny domino, but is multiplying rapidly with time as each person touched by the information shares it with a friend. The three mainstays of LIFE Leadership are Finances, Freedom, and Following (leadership). These seem to resonate with hungry leaders who want to advance in today’s marketplace. Cradle to grave job security is a thing of the past and a person’s true security is in their ability to perform.
What is the readers plan for personal development? Perhaps its time to subscribe to LIFE Leadership’s Launching a Leadership Revolution (LLR) Series where 4 CDs and a book per month can be purchased for $50! If a person thinks education is expensive, he is forgetting about the massive lifetime cost of ignorance. Remember, nothing has a greater ROI than an investment in yourself.