Following Part #2 of this series of steps for correctly reading business books, let's now focus on learning and feedback. To know the previous steps about how to read business book go here
Remember that the first 5 steps were:
- Step 1: Select the right topic
- Step 2- Search the bestselling business books of the year.
- Step 3- Explore the content and index of the book
- Step 4 - Analyze the reviews of the book
- Step 5- Reading a business book as a business course
Step 6- Once you have finished reading, take a course on the topic.
A business book won't have any practical effect if you don't put it into practice. But before putting it into practice you should take a course that reinforces the knowledge of the book.
Here you will find a catalog of courses based on books, which is very valuable to reinforce the knowledge acquired and then put them into practice.
How do we learn in college?
- The professor (author of the book) gives a theoretical lecture on a particular topic.
- The teacher assesses your newly acquired knowledge through quizzes, case studies, activities, homework, and more.
- It is up to you to put this knowledge into practice in real life and reinforce your memorization that way.
Step 7- Put the acquired knowledge into practice
Because you had specific problems with some topic (Step 1) it means that you have a way to put the book into practice, and to do it immediately.
It is a problem that you had and wanted to solve. Now you have the right information to solve it. Apply that information now.
This is why business books are one of the best ways to learn and practice. It is actionable information. It is actionable learning.
Step 8- Reread the book (your own summaries and annotations) and constantly review the course.
You read, followed a course and then practiced what you learned. It is time to revisit the knowledge and reinforce it even more.
Learn to identify errors in your implementation, correct those errors.
You don't have to reread the whole book or take the whole course again. Just go to your personal notes, your personal summaries and review your implementation.
If you have similar problems, take your notes again.
Step 9- Go back to practice once you have reinforced your knowledge.
If you find errors in the implementation, now is the time to correct them in practice.
Step 10- Go to the next book
You may conclude, at this time, that it is an arduous task to approach books in this way, but it is key to your professional development.
Take books as valuable material, where you have the best teachers in the world.
Imagine for a moment that Ray Dalio, one of the most successful businessmen and investors of our time would be teaching a course at a university near your home, that the duration of the course would be 30 hours (time you could read Principles) and this course would have a value of $18 USD ask yourself:
- Would you take it immediately?
- Would you consider it valuable?
- Would you believe that Ray Dalio doesn't have much experience to take a course he teaches?
- Would you think he wouldn't take it because he doesn't have experience as a teacher?
- Would you believe that Ray Dalio would not help you solve professional problems or improve in different aspects of your job?
It would be crazy not to take that course, it would be crazy to think that $18 is a lot of money, or that 30 hours is a lot of time.
I hope this reflection will help you to value the time and money invested in business books, I hope I have motivated you to take business books and their authors seriously.
It could be the information and it could be the teacher who changes your professional life drastically and forever!