Compound Interest - Playing Long Term Games

Compound interest is a very powerful concept. 

Compounding in business relationships is very important. Look at some of the top roles in society, like why someone is a CEO of a public company or managing billions of dollars. It's because people trust them. They are trusted because the relationships they've built and the work they've done has compounded. They've stuck with the business and shown themselves in a visible and accountable way - to be high integrity people. 

Compound interest also happens in your reputation. If you have a sterling reputation and you keep building it for decades upon decades, people will notice. Your reputation will literally end up being thousands or tens of thousands of times more valuable than somebody else who was very talented but is not keeping the compound interest in reputation going. 

"I love working with him because I know when the deal is being done, he will bend over backward to give me extra. he will always round off in my favor if there's an extra dollar delivered here or there. Because he goes so far out of his way to treat me so well, I sent him every deal I have - I try to include him in everything. Then, I go out of my way to try and pay for him. Compounding in those relationships is very valuable."

When you find the right thing to do, when you find the right people to work with, invest deeply. Sticking with it for decades is really how you make the big returns in your relationships and in your money. So, compound interest is very important.