Once someone asked Warren Buffet, what is the secret of his big net worth? Then pointing to the bookshelf behind him, he said that I read around 500 pages everyday.
He believes that, the Compounding of knowledge is greater than the compounding of money Warren Buffet is not a single person who gives importance to reading.
Founder of the Angelist, and the guy who gave funding to the startup like Twitter and Uber at an early stage.
Angel Investors Naval Ravikant was Asked, what are the effective ways to build a new mental model? Then he said a single sentence, ” Read A Lot”.
he could’ve suggested watching movies, documentaries, and YouTube videos. But he gave importance to only reading.
because at first, every new idea of a person gets landed on paper after releasing from the mind and only then it can be presented in the form of movies, videos, and documentaries.
He says that I’m among the top 1% of people in the world. Because I read books for 1-2 hrs daily. and many of us think that we don’t need to read books.
because we get any book summaries very easily on YouTube.
Then why should we waste our money and time in reading books! So yes, It is true to some extent. but the way exercise is a must for the effective use of our body. In the same way, reading is also a must for our brain.
Now imagine for a while, how much you’ll be successful? if you’ve started a company by making Elon Musk your partner. and if Elon will use all his business strategies of Tesla and SpaceX.
How much you’ll be rich if Warren Buffet itself will teach you all his investment strategies. and if he gives all the tips that he used while making Berkshire Hathaway.
Just imagine, how many people will reach out to you by your influence.
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If Garyvee itself will make the strategy of your branding. These all things will be possible only if you have the books of all of them.
Reading books is equivalent to taking personal training from your mentor. By the way, the value of books is many times more than their price.
Reading Rs.100 books can be helpful for you to make millions of rupees.
For example – things that are written in the books like Rich Dad Poor Dad and the Richest-man in Babylon, According to a study, People who read more than 7 books in a year, their chances of becoming millionaires increase to 122%.
By the way, we can say that books are like nuclear bombs. It’s very small in size but its influence is very big in our life. That is why in 1933 thousands of books were burnt in Germany at the behest of Hitler. So that no one could be influenced by those books. due to which their rule could be continued.
even by knowing all these things youngsters does a lot of mistakes in book-reading. and today I’ll talk about these mistakes.
Mistakes Which People Usually Do
Reading the Wrong Book
If I’m telling you that successful people read books. Then it doesn’t mean that you read any kind of books. Now you should read books according to your needs.
Like, If you don’t have Rs.100 in your pocket. So It’ll be waste to read books related to investment.
In this situation, you should read the books which will help you to learn new skills. So that people start paying you a little for that skill. After then you should read books like Richest Man in Babylon and Rich Dad Poor Dad. After then you can start your Journey with stock Market.
How To Read Books Effectively
If you’re happy but don’t know to talk with people. then it will be better to read books related to communication than happiness. we have very limited time.
and to understand the concept of some books, we don’t need that much of pages that are filled intentionally. That’s why generally I use the formula of CSB.
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In which the 1st one is ‘C’. that means I know the CONCEPT of any book at first.
If I like its Concept then I come to the ‘S’. Which is Its SUMMARY. Even after reading the Summary.
If I find an interesting topic then only I start reading any particular book.
Reading Without Implementation
It is said that It doesn’t matter how many books you’ve read. But the matter is how many books have passed through you. that is true. because it is not important that You’ve to finish a book in a week.
you can read a book in a month or 4 books in a year. Even if you are going slow but keep going and don’t stop. Start with very little target and try to read at least one paragraph in a day. and then try to increase your to 1 page daily. and increase it gradually. As we learnt in the Mini Habits. that it becomes impossible for you to ignore it.
even if you read thousands of books but if you don’t start implementing it. So it’s not going to be of any use. It is said that you should start doing work according to your skill not in which you’re not skilled. and Naval Ravikant also says that reading is not a kind of race.
The better the book is, the more slowly you should read it.
Do You Know?
World-famous rapper Eminem reads a dictionary daily to build his vocabulary. So that he could do better rhyming his words.
Remember one thing you’ll never become a pro-reader overnight. You’ve to start with slow. Create an environment of reading around you.
As when you keep something apart from your eyes in order to avoid it. and if you like something then you keep it in front of your eyes.
In the same way, Just walk around with 1-2 books in your bag. In The 5 am Club Robin Sharma says, that if it takes more than 1 hr. to go and come from your office to your home, Then you should join the Traffic University.
Traffic University means, Instead of watching ad boards and other stuff while travelling, you can use that time for learning.
Most people sleep while travelling On public transportation. or else they waste their precious time by daydreaming and chit-chatting. while achievers take leverage of their time by listening to podcasts, Summaries, and other stuff.
The fact is that, listening to a new idea while travelling can be helpful to make millions of rupees. or it can increase exponentially your creativity and productivity.
I.e Investing your time in yourself can give you the highest return and yes, make sure to read the books which you really like.
Try to enjoy while reading books. You can use whatever medium you want. I also spend a lot of money for books. because it can be an expense for someone else but for me it is an investment.
So go to your nearest store and purchase the books.