David Rubenstein is the co-founder of the private equity firm The Carlyle Group.
He's worth about $3.2 billion.
• Here's how he reads & his thoughts on the power of books.
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[source: David Rubenstein on the @tferriss podcast]
1/
David credits his success in life to mastering 3 skills:
• Writing
• Talking
• Reading
He tries to read everything he can get his hands on, especially books.
He reads about 100 books a year.
2/
Before diving into a book, David will analyze the cover to learn more about it and read the reviews to see what people/publishers are saying about it.
If he’s reading a book that isn’t that captivating him, he’ll skip ahead to the chapters that interest him.
3/
He'll only force himself to finish a book he isn't enjoying if he has plans to interview the author for his show as a form of courtesy.
David doesn’t read much fiction. He prefers to read non-fiction so that he has more information about the world.
4/
A wonderful quote about books from David:
“I care about books because it opened a new world for me and that’s why I love reading because I can learn so much. Wherever I got in life, I got through education, and by education, I mean learning continuously.”
5/
Why David prefers books over newspapers/magazines:
"I think reading books is better than reading newspaper articles or magazine articles...Books focus the mind. You take many hours to get through a book and therefore has a certain concentration skill which is useful.”
6/
Scary stats about non-readers:
• 30% of Americans who graduate from college never read another book in their life.
• 50% of Americans have not bought a new book in the last 5 years.
“That’s called aliteracy, you can read but you choose not to.” – David Rubenstein
7/
Scary stats about illiteracy:
• 14% of Americans are functionally illiterate (can’t read past a 4th-grade level).
• 80% of people in the juvenile delinquency system are functionally illiterate.
• 66% of people in the federal prison system are functionally illiterate.
8/
To help tackle this problem, David created the Library of Congress Literacy Awards.
It rewards nonprofits that have made progress towards increasing literacy in the United States or abroad.
“If you can’t read, you’re not going to get very far in life” –David Rubenstein
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I really believe the 25x250 Reading Challenge is one of the best things I've created.
Here's why:
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[PS: scroll to the bottom for a FREE and UPDATED version of the reading challenge]
1/
As I mentioned before, the 52 Book challenge is flawed. It:
• Punishes readers for quitting books
• Punishes readers for picking long books
• Incentives quantity over quality reading
• Doesn't reward readers for reflecting or taking action on what they've learned
2/
The 25x250 Reading Challenge solves all of these problems:
• It doesn't punish readers for quitting books
• Nor does it punish readers for picking long books
• It rewards readers for reflecting and taking action
• It encourages people to read BETTER, not just read more.