Most of us go through life without really getting any smarter. Yet others expand their minds every day.
What’s the difference?
Sure, you could go into the office the next day and discuss the details of what happened in the latest ongoing cricket match or about the latest TV series at Net Flix. But this won’t expand your mind. It’s a mind-numbing sedative.
The people who get smarter every day do the work required to accumulate knowledge.
You can acquire knowledge every day if you really want to. In fact, there’s a simple formula to do so developed by Warren Buffett. This is what is known as “Buffet Routine”.
Learn how you can use the Buffett routine to live a better life.
Make Reading a Daily Habit
If there is any part of the Buffett routine you should take away from this is his impossible to satisfy the appetite for reading. Warren Buffet is a voracious reader. Despite his age and billions of dollars, Warren still spends 80% of his day reading. It’s a habit he has practiced since the beginning of his investing career and one of the main reasons he is as successful today.
As Warren Buffett said, “Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.” While reading is important, he has also talked about how you need to evaluate and form an opinion of what you read.
How you read matters.
It’s not just about spending hours reading hundreds of pages every day. What matters is how you read, as well. You need to spend time being critical of the knowledge you’re accumulating, evaluating whether it fits into your current perspective and whether you need to shift some of your assumptions.
Importantly, does the knowledge you’re accumulating means you need to take action.
Develop habits of continuous learning!
Don’t read other people’s opinions
Instead of reading other people’s opinions, learn to think for yourself. Get to the facts so that you can evaluate what matters to you.
Learn to Think for Yourself
Whenever you finish a book, blog post or article figure out how this new information fits into your current reality and thought patterns. Learn to think for yourself. Always ask yourself how you can use this new information and how should you take action from your learnings.
Schedule Reading Time
Most people want to learn and read more but say they are too busy. If this sounds familiar start scheduling in time blocks during your day to make reading a daily habit. The morning works best as you’re more likely to stick with it and not skip it amidst the chaos of the day.
Don’t be afraid to put down your phone and stop scrolling through social media. It’s no surprise the average Indian reads one book per year while average CEO reads five books per month!
Learn to Love Investing in Yourself
One of the best Warren Buffett quotes is, “The most important investment you can make is in yourself.” If you want life to change, you have to change. You need to adopt a learning mentality and strive to always be learning.
Warren Buffett has always said that his best investment ever was not related to finances but a public speaking course by the great Dale Carnegie. Without this investment in himself, he would probably not be the massive success he is today.
If you want to achieve success in any area of life, business, fitness, or personal, make reading your new habit of choice. Reading allows you to learn from others success in a fraction of the time and a great way to stimulate your mind, regardless of age.
Start following the Buffett routine to learn more and make positive changes in your life.
All his efforts help to keep him one of the most richest men to ever live. He has a simple routine that can somehow change if there are other business criteria he needs to take care of.