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On this “mini-lesson” episode we learn about a farmer and a goat. The farmer buys the same goat twice – and the goat actually costs MORE the second time he buys it! Is the farmer making money or losing money? You decide! Understanding this basic lesson will help you understand the numbers that are vital to your success as a business building warrior!
Show note LINKS:
The farmer/goat discussion in our facebook group:
https://www.facebook.com/groups/mysilentteam/posts/4984974948285242/
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Answers:
The farmer has $20 more than when he started. He made $10 on each of the two transactions.
The pond was half full of lily pads on day 29 and then doubled to being completely full on day 30. Use the power of “doubling” to your benefit! It starts slow, but it becomes big very quickly!