Leverage for Growth Podcast

Episode 124: Unleashing the Power of Exponential Thinking in Business

Episode Date:Jul 26, 2023

Jesse explores shifting from linear to exponential thinking in business and life. Learn how exponential thinking focuses on leveraging resources for disproportionate outcomes through force multipliers like technology, systems, and innovations.

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Show Notes

Episode Transcript

You are now listening to Leverage for Growth. Hey, everybody, this is Jesse B. Gilmore, founder of Niche in Control and creator of Leverage for Growth. Welcome to Daily Leverage Edition. Today’s topic is this, Beyond Linear, Unleashing the Power of Exponential Thinking in Business. Sit back, relax, and welcome to today’s Daily Leverage. So linear progress takes effort and brings incremental results. Exponential growth takes things to the next level. with output expanding rapidly beyond input. So how can a shift in mindset unlock exponential possibilities? Let’s compare these two modes of thinking. So between linear and exponential, linear thinking involves sequential steps where results match effort. Exponential thinking focuses on leveraging resources for disproportionate outcomes. Think like compounding interest Small amounts compound into far greater returns over time through compounding. Stanford psychologist Carol Duhix research reveals that growth mindset embraces challenges and sees potential priming people for exponential thinking. Those open to learning new skills and innovating can experience exponential personal and professional progress. Linear business thinking pegs effort to an outcome in a one-to-one ratio. Working more hours directly leads to more output. While linear thinking brings incremental progress, it often lacks vision or leveraged growth. Exponential business thinking focuses on multiplying output by better leveraging resources. Technology, systems, network effects. and innovative models can drive disproportionate exponential returns. For example, digitizing processes or social sharing can massively increase reach and impact with little added effort. Exponential thinkers spot these types of force multipliers. So let’s look beyond business. How else can exponential thinking make an impact? For health, habit changes like better sleep, can compound into exponential better health. Professional growth. Picking up new skills can set off an exponential chain of reaction of capabilities. For relationships, small acts of kindness compound into deeper connections. So I want you to identify one area of linear thinking in your life right now. How could you reframe this exponentially? what change might lead towards compounding benefits over time. The difference between linear and exponential progress comes down to mindset. With exponential thinking, we can spot levers, capitalize on systems, and compound small gains into something far greater. How will you tap into exponential possibilities starting today?