Why You Need To Follow The 5-Hour Rule In Learning?
You might have heard a lot about some of the famous people in the world like Bill Gates, Barack Obama etc. quoting out their hours they spend in reading. Or you might already have people in your contacts who prefer spending time with a book rather than at a party with a bunch of strangers. Why do you think they read? Why would someone spend time so much time on learning?
The answer is simple: Learning is the single best investment of our time that we can make. Or as Benjamin Franklin said,
“An investment in knowledge pays the best interest.”
The ignorance of his insight is what making half of the population unsuccessful. Once they catch the train of career, they keep traveling. No one bothers to get down at a station and explore. One must take a stop and learn something new at every station. It may seem difficult but, it’s not impossible as once you do understand the value of knowledge, it’s simple to get more of it. All you need to do is just dedicate yourself to constant learning.
Knowledge is the new money
We spend all our life running after money. Our entire focus is on how to earn more, then spend it. While worrying about money our life nears the end and we realize we wasted a hell lot of time. The common excuse we all give while playing the money game is “I don’t have time to learn something new,” and the reason to call it excuse is that we are feverishly devoting our time to earning more and more money. However, something is changing now.
With our prime focus shifted to money and not giving some time to learn something new, what we all are ignoring is that soon machine will replace us. With machines getting smarter, and we humans due to lack of new knowledge will soon be replaced by them.
We are at the beginning of a period of what renowned futurist Peter Diamandis calls rapid demonetization, in which technology is rendering previously expensive products or services much cheaper — or even free. Artificial Intelligence (AI) is slowly removing low-paying jobs that involve repeatable tasks, which makes them vulnerable to technological automation solutions.
This demonetization will accelerate in the future and automated systems will eliminate reality by offering things at low cost. With the difference between reality and virtual reality becoming almost incomparable now, the rate of improvement of VR is exponential.
Due to everything available online at lower costs, the real services and products are dramatically becoming demonetized, knowledge is becoming increasingly valuable.
So, if you don’t take action to chip in some time from your over-hyped hectic schedule to learn something, you will soon be the new “at-risk” group. They risk remaining stuck on the bottom rung of global competition, and they risk losing their jobs to automation, just as blue-collar workers did between 2000 and 2010 when robots replaced 85 percent of manufacturing jobs.
Those at the bottom of the economic ladder are being squeezed more and compensated less, while those at the top have more opportunities and are paid more than ever before. The irony is that the problem isn’t a lack of jobs. Rather, it’s the lack of people with the right skills and knowledge to fill the jobs.
The good thing about knowledge is that unlike money, you don’t lose it when you give it away. Its free and instant and you can and must share it with as many people as you can. Moreover, you can convert knowledge into many things, including things that money can’t buy, such as authentic relationships and high levels of subjective well-being. It keeps you active and occupied, help you accomplish your goal and think bigger and beyond your circumstances.
Former President Obama perfectly explains why he was so committed to reading during his Presidency in a recent New York Times interview: “At a time when events move so quickly and so much information is transmitted,” he said, reading gave him the ability to occasionally “slow down and get perspective” and “the ability to get in somebody else’s shoes.” These two things, he added, “have been invaluable to me. Whether they’ve made me a better president I can’t say. But what I can say is that they have allowed me to sort of maintain my balance during the course of eight years, because this is a place that comes at you hard and fast and doesn’t let up.”
“The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.” — Alvin Toffler
6 essentials skills to master the new knowledge economy
- Identify valuable knowledge at the right time as both changes and once gone, you can do nothing about it.
- Try to grasp and master it quickly as opportunities hardly wait.
- Communicate the value of your skills to others.
- Convert knowledge into money and results.
- Learn how to financially invest in learning to get the highest return.
- Master the skill of learning how to learn.
You too can start your learning ritual today by following these three steps:
- Find the time for reading and learning even if you are really busy and overwhelmed.
- Stay consistent on using that “found” time without procrastinating or falling prey to distraction.
- Increase the results you receive from each hour of learning by using proven hacks that help you remember and apply what you learn.
“Live as if you were to die tomorrow. Learn as if you were to live forever.” — Mahatma Gandhi
In short, ditch you laziness and stop making excuses, start today, start right now and just get it done. As learning is no longer a luxury; it’s a necessity.