What’s the value of 1% more?

A friend posted this image on Facebook a few weeks ago. A message worth repeating. Briefly the sign translates as:

If every day of the year you give 1% more than your full effort, in a year you would improve 37.8 times. And if every day of the year you give 1% less than your full effort, in a year you would only improve by 0.03 times.

What’s your compounded effort rate?

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