If someone gives me money for business right now, I am ready to do business with him at 10%. You will get 10% on 5 crores, 20% on 10 crores and 1% on 10 lakhs. And I will do this business for minimum 5 or maximum 10 years..
Power of Compounding
If ₹1 is doubled every month for 3 years, the amount you receive at the end will shock you!
Year 1 – ₹4,096
Year 2 – ₹1.68 crore
Year 3 – ₹6,871.95 crore
What will you do?
Assume you are currently responsible for leading BYJU'S. With everything as it is right now, what steps would you take to mitigate the damage and bounce back?