"One of the greatest theories known to man is the theory of compounding..." Albert Einstein
In practice: the theory of compounding which most positively impacts your practice life: compounding you and your team's experience and education through time.
Like compounding interest, the appreciation of your team's value shall increase over time. Impacts upon your financial life: start saving as early as possible in your career, and allow the theory of compounding interest to work and grow in your favor. When you wait a year, you lose the last year of your compounding accumulation, not the amount you postponed in saving...
So, start compounding now!
Your host, John Buzza