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If you are one of those who delight in listing the number and varieties of books you read monthly, I have some unpleasant news for you. Except, you are retired like Bill Gates or already achieved a lot like Richard Branson, and just need to connect more with people as a thought-leader, you are not being strategic in your reading.
I used to read a lot of books and have proudly written many blog posts on how many books a year or a month I read/buy. Sadly, after a while that is all the benefits you get from reading a lot of books -- just the cool bragging right. You don't learn anything deep enough to do anything meaningful with than be a better conversationist.
Every serious skill in life requires deep learning, a mix of theoretical knowledge and hands-on experience. If you are always reading, and diverse books, you will hardly go beyond the theoretical knowledge phase. You won't have energy, motivation and time to do the hands-on without having to cut down on the reading.
The only readings that have been financially profitable to me are the ones I backed up with hands-on experience. The Excel books I mixed with on the job practice, the financial analysis + investment books I mixed with real world use, the French books I acted out and the programming books I used to become a better programmer. The many other books I read were of benefits too, just that when I needed to gain real world expertise and value from books, I had to cut down on the reading part to make out time for the practice part. And now that I am working hard at a few big dreams, I am reading a lot less and practicing a lot more.
Reading has this deceptive effect of making you feel like you have done something great while making you too weak to do something completely new. When I took to writing daily, my biggest challenge was to tear myself away from reading to actually writing. I would read a lot then to get ideas of what to write and then end up too weak to write anything. Now I just write and don't fall into the reading trap.
I still read, and a lot. But now I read more of my own writings -- my blog articles, ongoing novel, computer programs, ideas and project documentation. I read things I can translate to action, and make out time to translate them to action. I no longer read just to be a better discussion partner or to brag about the number of books I have read. I am now strategic in my reading. I read to learn real-world skills. To earn and to do more.
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