How to become financially independent 14: Law of Accumulation

The law of accumulation is closely related to the law of compounding effect. The differences are small and can still make a huge difference. It’s important that we master this law as well as we master the law of compounding effect. The Law of Accumulation simply says, “A small thing accumulated over time can become a big thing."

As per this law everything great and worthwhile in human life is an accumulation of thousands of tiny efforts and sacrifices that nobody ever sees or appreciates. This also means that these tiny efforts aggregate like a snow ball. A snowball starts very small, but it grows as it adds millions and millions of tiny snowflakes, and continues to grow as it gathers momentum. There are three areas where the Principle of accumulation works like magic and they are i.e. Knowledge, Finance and Experience.

Any person with a large knowledge base has spent thousands of hours building that knowledge base one piece at a time. I have come across couple of brilliant knowledgeable professionals who are the experts in their respective fields. No wonder, all of these guys must have aggregated their subject knowledge base by taking baby steps every day consistently to makes them extremely valuable in the marketplace.

Every large fortune is an accumulation of hundreds and thousands of small amounts of money hence take any amount of money that you can right now and begin to save it.  These tiny savings will become a large fortune because it creates a field of energy and triggers the Law of Attraction. As a result, you begin to attract even more money - and like that snowball, it grows, adding to your fortune.

This fact gets further corroborated by looking at the people who fails to put the initial savings aside in the beginning of their career which renders them poor. However, the beauty of this principle is that it can be embraced however late in career and still achieve the most important goals.

The third area where principle of accumulation really works is experience. As the old adage says experience makes a man perfect. All successful people by and large have far more experience that the average. Experience counts whether bad or good. Hence take decisions fearlessly without thinking too much on the outcome since even there can be lot of learning even in failures!

Take steps however small, every single day to reach closer to your goals- Be it your knowledge, finance and experience.  “Count on many little drops to make an ocean” The law of accumulation can apply to all areas of life, not just your business. If there is neglect in your personal, spiritual or professional growth, you can rest assured that decline in these areas is sure to follow.