Compounding Growth

Albert Einstein famously suggested that power of compounding was the eighth wonder of the world. He then proposed that those who understand it, earn it and those who don't, will pay it.

In terms of monetary investments, clearly compounding is key. Having an investment that grows over time provides security towards retirement.

It's crucial for an MSP business owner therefore to understand how compounding works because it doesn't apply just in a monetary (i.e. interest) sense. There are ma...