Law Of Effection - Deepstash
Law Of Effection

Law Of Effection

According to the Law of Effection, the key to achieving financial success is by combining scale and magnitude.

Net Profit formula: Units Sold (Scale) Γ— Unit Profit (Magnitude)

  • Scale: doing activities on a large scale has the potential for high profit
  • Magnitude: high value items or services can bring in high profits

Remember, scale creates millionaires and magnitude creates millionaires, but combining both creates billionaires. So aim for a giant impact a few times, or a small impact millions of times.

112

408 reads

CURATED FROM

IDEAS CURATED BY

bookpandanotes

Join me to unlock your full potential. Exploring the areas of personal development, entrepreneurship, relationships, and personal finance.

Follow for more book-notes! πŸ“’βœ…

β€œ

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

β€”

100+ Learning Journeys

β€”

Access to 200,000+ ideas

β€”

Access to the mobile app

β€”

Unlimited idea saving

β€”

β€”

Unlimited history

β€”

β€”

Unlimited listening to ideas

β€”

β€”

Downloading & offline access

β€”

β€”

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates