{"id":1080,"date":"2021-08-25T05:36:31","date_gmt":"2021-08-25T05:36:31","guid":{"rendered":"https:\/\/robdix.com\/?p=1080"},"modified":"2021-08-25T06:03:15","modified_gmt":"2021-08-25T06:03:15","slug":"stronger","status":"publish","type":"post","link":"https:\/\/robdix.com\/stronger\/","title":{"rendered":"Stronger, smarter, richer"},"content":{"rendered":"\n<p>On Twitter I follow the endlessly entertaining <a href=\"https:\/\/twitter.com\/ryanckulp\">Ryan Kulp<\/a> \u2013 an American entrepreneur turned K-Pop performer (seriously).<\/p>\n\n\n\n<p>You might not be a fan of all his views, but it&#8217;s hard to take issue with the wisdom of his life philosophy:<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">one of my life philosophies &#8212; every day i do things that make me Stronger, Smarter, and Richer.<br><br>examples of each:<\/p>&mdash; Ryan Kulp \ud83c\uddfa\ud83c\uddf8 (@ryanckulp) <a href=\"https:\/\/twitter.com\/ryanckulp\/status\/1419163508898373633?ref_src=twsrc%5Etfw\">July 25, 2021<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><figcaption>&#8220;Every day I do things that make me Stronger, Smarter and Richer.&#8221;<\/figcaption><\/figure>\n\n\n\n<p>Examples of each might be:<\/p>\n\n\n\n<p>Stronger:<\/p>\n\n\n\n<ul><li>Go to the gym<\/li><li>Run<\/li><li>Take the stairs instead of the lift<\/li><li>Walk or cycle instead of driving<\/li><\/ul>\n\n\n\n<p>Smarter:<\/p>\n\n\n\n<ul><li>Read books<\/li><li>Learn a language<\/li><li>Seek out great conversations<\/li><li>Practice generating new ideas<\/li><\/ul>\n\n\n\n<p>Richer:<\/p>\n\n\n\n<ul><li>Create assets<\/li><li>Run a side-business<\/li><li>Manage your investments<\/li><\/ul>\n\n\n\n<p>I took a quick inventory of my own habits and was pleased to see that I fare pretty well: every day I study flashcards and read quality articles (smarter), lift weights, run or at least walk a good distance (stronger) and work on growing a business and making investments (richer).<\/p>\n\n\n\n<p>Ryan&#8217;s philosophy lines up nicely with <a href=\"http:\/\/latticeworkinvesting.com\/2018\/04\/06\/peter-kaufman-on-the-multidisciplinary-approach-to-thinking\/\">Peter Kaufman&#8217;s definition of compound interest<\/a>: &#8220;<strong>dogged incremental constant progress over a very long time frame<\/strong>&#8220;.<\/p>\n\n\n\n<p>He points out that most people go wrong by not being constant. When you interrupt constancy you lose the compounding effect, putting you back on a linear rather than exponential path. It&#8217;s like waiting years for \u00a3100 to turn into \u00a3150 with compound interest, then withdrawing your \u00a350 rather than allowing the effect of the compounding to accelerate. <\/p>\n\n\n\n<p>In other words, <em>a small, consistent effort every day leads to far better results than a herculean effort every so often<\/em>.<\/p>\n\n\n\n<p>Maybe Stronger\/Smarter\/Richer isn&#8217;t the most meaningful triad for you. Maybe it&#8217;s Happier\/Calmer\/Wiser, or something else entirely.<\/p>\n\n\n\n<p>But if you identify what matters most to you and work on it just a tiny amount every day, over a long enough period of time it&#8217;s impossible to fail.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How to harness the principle of compound interest to get whatever you want \u2013 with just a small daily effort.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stronger, smarter, richer - Rob Dix<\/title>\n<meta name=\"description\" content=\"How to harness the principle of compound interest to get whatever you want \u2013 with just a small daily effort.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/robdix.com\/stronger\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stronger, smarter, richer - 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