How do billionaires read?
Consider the extreme reading habits of other billionaire entrepreneurs: Warren Buffett spends five to six hours a day reading five newspapers and 500 pages of corporate reports. Bill Gates reads 50 books a year. Mark Zuckerberg aimed to read at least one book every two weeks.
Mark Cuban reads more than 3 hours every day. Arthur Blank, co-founder of Home Depot, reads two hours a day. Billionaire entrepreneur David Rubenstein reads six books a week. Dan Gilbert, self-made billionaire and owner of the Cleveland Cavaliers, reads one to two hours a day.
You learn by doing, but you also learn a lot by reading. Many influential business figures, including the Amazon founder Jeff Bezos, Tesla and SpaceX CEO Elon Musk, and the Microsoft founder Bill Gates. say they learned some of their most important lessons from books.
Billionaires like Warren Buffet, Bill Gates, and Mark Zuckerberg devote many hours a day to reading for the purpose of learning. In short, the rich deserve to be rich because they put in the work that success requires. And part of that work is reading to learn.
Taking notes is one way that Gates synthesizes all the information he reads. He said he will take notes on about 20% of the books that he reads, and although it doubles the time it takes to read the material, “for a lot of books that is key to my learning,” he said on Reddit.
Instead, aim to read 20 pages in one sitting and then pick up your book again throughout the day. You'll find that breaking your reading up into chunks makes it easier for you to read more.
He spent many years reading 60 times as much as an avid reader. He read widely across different disciplines. He constantly applied what he learned by deconstructing ideas into their fundamental principles and reconstructing them in new ways.
A young Elon Musk read for 10 hours each day before growing up to become Tesla CEO. These days, former Microsoft CEO Bill Gates reads a new book every week. Here's how some of their peers incorporate reading into their own lives.
What is the 5-hour rule? The 5-hour rule is the concept of spending at least one hour every workday consciously learning new things or practicing various activities. Doing so can help you gain new skills and knowledge, which can lead to both personal and professional development.
Breaking down the five-hour rule
The five-hour rule was coined by Michael Simmons, founder of Empact, who has written about it widely. The concept is wonderfully simple: No matter how busy successful people are, they always spend at least an hour a day — or five hours a work week — learning or practicing.
How many hours should I read a day?
Adults should read two hours a day, with one hour per sitting. Reading two different books is great for creative association and new insights. What is this? Recommended Reading Time per Day for Students – 3 hours, including school material or 1 hour excluding school material.
As reported in Inc., “Buffett reportedly spends as much as six hours a day reading books. It may be a daunting prospect for most busy people, but if you're up to the task, the Oracle of Omaha advises that we “read 500 pages every day.” He says that's how knowledge works — it builds up like compound interest.”
Start off by setting yourself a smaller target of 20 or 30 pages and build up your ability. However many pages you choose to read, do it with consistency. Your goal should be to reach 50-pages so that you can finish a book within a week. If you stick with this routine, you would reach 50 books by the end of the year.
Buffett spends 80% of his day reading
Supposedly, in the early days of Buffett's investment career, he would read 600-1000 pages in a single day. Nowadays, he still dedicates 80% of his day to reading. “Read 500 pages… every day.
- The importance of sleeping well and waking up early.
- Include physical activities in your routine.
- Map out your day.
- You are what you eat.
- Be a bibliophile.
- Spend wisely.
- Spend time with loved ones.
Research shows there is no strong correlation between reading speed and IQ. There is a stronger relation between reading and IQ. People who read a lot are exposed to more information.
The average reader will read 1,000 pages in 27.8 hours when reading at a speed of 300 words per minute (wpm). Typical documents that are 1,000 pages or more include full-length novels. A typical single-spaced page is 500 words long. You may read faster or slower than this depending on your average reading speed.
If you're a slow reader, you may read at closer to 125 to 200 words per minute. This means reading 20,000 words will take you between 1.7 and 2.7 hours.
A young Elon Musk read for 10 hours each day before growing up to become Tesla CEO. These days, former Microsoft CEO Bill Gates reads a new book every week.
- The Remains of the day, by Kazuo Ishiguro. ...
- Sam Walton: Made in America, by Sam Walton. ...
- Memos from the Chairman, by Alan Greenberg. ...
- The Mythical Man-Month, by Frederick P. ...
- Built to Last: Successful Habits of Visionary Companies, by Jim Collins.
How do you read 5 hours in a day?
Breaking down the five-hour rule
The five-hour rule was coined by Michael Simmons, founder of Empact, who has written about it widely. The concept is wonderfully simple: No matter how busy successful people are, they always spend at least an hour a day — or five hours a work week — learning or practicing.
But now, he has billions of dollars from building a successful company and is considered one of the most influential people in the world. It's no secret that (like me) Jeff has a genuine passion for reading. After all, the company that made him a multi-billionaire began its rise to fame as an online book retailer.
