The Tai Lopez Show

Can Reading 8 Hours A Day Make You $200 Billion/Year Like Warren Buffett?

The Tai Lopez Show

 

“Every single day you should read. And every single day you should act upon what you learned. Why do people think it has to be one or the other?.” - Tai Lopez

(click to tweet)

The woodcutter who doesn’t sharpen his axe cuts down fewer trees.

This is a lesson for all of us. In today’s world, where work is so unrelentingly emphasized, it’s hard to take time off the daily grind to sharpen our brains without feeling like you’re falling behind. But that’s the illusion. The woodcutter who doesn’t take time to sharpen his axe ends up being more unproductive in the long-run.

On today’s episode of The Tai Lopez Show, we are discussing the value of reading. When is the last time you read a book cover-to-cover? If that question is hard to answer, it’s time to recognize that your modern-day axe (your brain) is becoming dull from the daily grind. Today’s insights will help you reach the conclusion that gathering knowledge is equally important as applying that knowledge in your day-to-day.

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“What separates people on the path from zero to a million are the people who use better tools. Sharpen your axe.” - Tai Lopez

(click to tweet)

Points to Keep In Mind

  • Learn to read people’s neuroticism when hiring
    • Too low of neuroticism is hippy-demeanor, will not be focused
    • But high neuroticism will overreact to small thing
  • Low conscientiousness is procrastination, laziness, not goal-oriented, etc.  
  • Shy extroverts are very different than introverts but have similar first impressions
  • Read Personality By Daniel Nettle to learn how to read people using the Big 5
  • Knowledge is useless unless you learn how to apply it
  • Bill Gates says he will always choose the lazy person to do the job because that person knows how to do it the quicker way
  • Reprogram your mindset to be more efficient
  • Spend hours sharpening your brain, and then you will go out and execute
  • Don’t be a slave to productivity, and think about how to spend your time instead of just working all the time
  • It’s harder to stay in shape for ten years than it is to make money for ten years

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