3 Types of Growth Curves in Life
Growth can be measured as linear, logarithmic, and exponential curve. Learning the difference will help you succeed.
Linear. Logarithmic. And Exponential Curves. These three curves explain the different types of growth in life (finance, maturity, health, knowledge, skills, etc.), help you identify the growth curve you are following — and help maximize your success.
Most of us often believe that growth works linearly. For instance, if I work for 1 hour I get paid $10, if I work 2 hours, I get paid $20 in total. While this belief is not entirely wrong, it is not comprehensive. Linear growth is a very theoretical concept and for instance, it fails to explain why learning a skill is not directly proportional to the hours invested in practicing it. In addition, it is unable to explain growth in the aspect of wealth.
This is where the logarithmic curve comes in. Mathematically, a logarithmic curve means that the y value is increasing at a decreasing rate as the x value increases. Thus, initially, you are experiencing a lot of improvement in a short span of time. However, as time progresses, you find…