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Be Intentional, Live Longer and Compound
Welcome to the Growth Guide, a weekly newsletter where I share actionable ideas to help you Live Better, Achieve More and Be Financially Free.
Many of you’ve found my Newsletter through Twitter.
Great news, Kurtis Hanni, Steve Adcock and I’ve launched the second Twitter Growth Community Cohort.
For the next 24 hours, the Twitter Growth Community is 40% off with the code: Launch40.
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Live Better
This week on the Growth Guide Podcast, we talked to Kelly and Juliet Starrett of The Ready State, authors of Built to Move: The 10 Essential Habits to Help you Move Freely and Live Fully.
Life expectancy in the United States is on the decline.
As a society, we’ve become fatter, sicker, achier and less fit.
But, it doesn’t have to be that way.
This book includes the 10 essential habits that may save your life, including:
Breathing techniques to manage stress and pain
Simple guidelines to improve your nutrition and sleep
Intuitive ways to integrate more movement into your daily life
Mobilization practices to increase range of motion and avoid injury
Easy assessments to gauge your progress and what needs improvement
Click below to listen to the episode:
Achieve More
Intentionality.
It’s an important word.
Perhaps nothing’s more important.
I got to thinking about intentionality when I saw this tweet from Ali Abdaal:
A great piece of advice I got from one of my medical school professors - "An hour before 9 is worth 2 after 5"
— Ali Abdaal (@AliAbdaal)
9:59 AM • May 5, 2023
When you wake up early, it’s on purpose with an intentional purpose.
It means you’re waking up to Get Sh!t Done instead of sleeping in and taking what you get.
Let’s contrast that with the evening.
What good things do you generally see happen at night?
When do you:
Drink an extra beer
Eat a pint of ice cream
Binge-watch a Netflix show
More often than not, you get up to no good at night.
When your willpower’s gone and you’re tired from a long day.
So, next time you want to Get Sh!t Done, wake up early and get it done.
Be Financially Free
Earlier this week, I wrote on Twitter about my plan to be a Billionaire, which went like this:
Grow my assets to $100 million by 60
Compound at 8% per year
Live until I’m 90
No, seriously, this is an actual plan.
The simple factor that makes this plan work is compounding.
To be able to break the math down is based on the Rule of 72, which indicates how long it’ll take your money to double, taking compounding into account.
An investment earning 18% per year will double roughly every four years.
In my plan, I say the assets will grow from $100 million to $1 billion in 30 years. Let’s break that down using the rule of 72:
72 / 8% = 9 years per double
30 years will give you 3.33 doubles
$100 —> $200 —>$400 —> $800 —> $1,065
With 3.33 doubles in 30 years, your $100 million will become $1.1 billion.
Use the rule of 72 to understand how your investments will perform and to compare investments when you have multiple opportunities.
A Thought
When you live your life with intention, you’ll be surprised by what you can achieve.
In the short term, it will be good.
In the long term, it will amaze you more than you can imagine.
A Question
How can you live your life with more intention today?
Etc.
For the Thought and Question, drop me a note - I want to hear from you.
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