There is something that many of the world’s most successful people have in common – they all read, alot!
Elon Musk admits to being a ‘bookwormy kid’ who coped with being the youngest and smallest in his class by reading as much as he could. When asked how did you learn to build rockets he replied;
‘I read books’
Warren Buffett spends 80% of each day reading, when asked about his success he said;
‘Read 500 pages everyday, that’s how knowledge works, it builds up like compound interest’.
Oprah Winfrey credits reading for helping her move from a childhood of poverty into a life of wealth. She has said that reading inspired her to think about how the world could be changed.
I could go on, Bill Gates, Mark Zuckerberg, Richard Branson, they all credit reading as one of the tools of their success.
Why does reading help people become successful in business?
Leaders stay ahead of the pack so they need to be updated with the latest trends and industry developments. Therefore they need to read, which helps them excel at analysing information. Frequent book readers are better decision makers than non book readers.
Reading lets you live vicariously through the authors words. You see their perspective and compare it to yours, which helps understanding the opinion of others. This translates into your working life by helping you to communicate with an open mind. Instead of criticising you develop empathy.
Reading encourages you to use your imagination. Words are processed and then depicted as imagery in your mind. This develops creativity which is valuable in leadership as it encourages you to think outside of the box.
Research shows that reading regularly improves your abstract reasoning skills. In business decision making is a daily occurrence. If you can breakdown information and process various outcomes you are more able to reach the best decision.
Running a business, especially your own is stressful and involves long hours. Reading is an escape from real life – a chance to relax and de-stress, therefore it is an important tool in maintaining your mental health.
Many of the Lab and Hub members at Shout About Suffolk are habitual readers, we have put together a list of some of our favourite books, but would love to hear your suggestions.