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Books are a great source of learning for business leaders: Read to know why

Successful business leaders of the world have time and again referred to reading books as a means of progress in their business. They have reiterated the benefits of reading books in shaping their business and outlook in general.

Here are a few reasons why books are a great source of learning for business leaders:

 

1. Books give you facts

Books give you facts which help you learn and expand your horizon.Based on facts, you can take strategic decisions, essential to promote the growth of your business.Investment sage and CEO of Berkshire Hathaway Warren Buffetonce said that he reads around 800-1,000 pages every day.

Buffet doesn’t read only for opinions and knowledge but for facts that help him to think more. He has mentioned that books like Intelligent Investor by Benjamin Graham and Common Stocks and Uncommon Profits by Philips Fisher have given him a road map for investing and shaped his intellectual framework among others.

 

2. Books give you new perspective

Books give you a new perspective and help you to see familiar things in a different light. Bill Gates, the founder of Microsoft Corporation is known to read almost 50 books a year. He describes reading books as a way of testing his learning and exploring new learnings.

Most of the books he reads are related to insights in human beings, their strengths and weaknesses, how things work and much more. Reading books alsohelp you develop leadership qualities and motivate you to bring innovation, all of which go a long way in making your business prosperous.

 

3. Books give you inspiration

Books inspire you which leads to be ambitious. Elon Musk, the CEO of SpaceX and Tesla says that he was raised by books more than his parents. Musk, as a kid made rockets by reading about them in books.

He spent most of his youth engrossed in books and continues to do that even today. His story articulates how reading books give you the skill of envisioning in business and master complicated subjects by learning more about it.

Some of the books that have shaped the business values of several eminent business leaders of our generation areBusiness Adventures, The Intelligent Investor, The Innovator's Dilemma: The Revolutionary Book That Will Change the Way You Do Business and many more.

 

The final word

Reading books gives you primary information on business traits, financial management, nature of operations and much more. It helps you with an understanding of different aspects of running a business and guides you to lead it more efficiently. Today, in the age of digitalisation, online versions of books are available which you can buy from e-commerce websites. You can read these books any time you want to without carrying them physically.

While books inspire you in several ways to take your business to the next level, offerings from Reliance Money give you the funds to flourish your venture. Choose from our range of offerings that best aligns with your needs.