Lessons from Building Praxis – Part 4

Ever heard that riddle about whether you should take a million dollars or a penny, doubled each day for a month?  Take the penny.  You’ll end up with $1.3M if it’s a 28-day month, and as much as $10.7M if it’s a 31-day month. Doubling is extreme, but even growth of a fraction of a percent compounded every single day can achieve mind-boggling results.  When you’re trying to go from idea to inception, progress each day is crucial.  You can’t get stuck waiting for one big leap.  You need to take at least one step every single day.