What is Exponential Growth? Definition or Meaning

If you are experiencing exponential growth, that means the demand for your products and services are following a curve that represents an exponential function. In other words, your product or service is hugely successful!

For example…

If you invent a chocolate bar that is not only scrumptious to eat but also has 5 serves of vegetables and 2 serves in it, I’m willing to bet my bottom dollar you will experience exponential growth! This means demand for your product will not expand linearly and if you were to plot your sales figures, you might notice that it follows the curve of an exponential function.