Mentors Magazine: Issue 3

(MENTORSMagazine) #1
64 | MENTORS MAGAZINE | EDITION 3

books and other sources. We discover


things that have worked for other people in


other industries and we see the opportuni-


ty to apply it in our own business. We also


find that we connect information that we


have acquired from books with ideas that


we have had in the past allowing us to reig-


nite something that we may have given up


on in the past.


The never-ending hunger for knowledge


will ultimately result in us making fewer


mistakes as an entrepreneur in business.


We will get new ideas about how to do


things and how to avoid getting it wrong.


Reading the books will give tips on the


right way to do things.


One of the questions I often ask entrepre-


neurs in my The Entrepreneur Way Podcast


is given the knowledge they have now how


would they have shortcut of the learning


curve. There seems to be quite a bit of con-


fusion among entrepreneurs about the


right answer to this question. When I say


shortcut, I don’t mean missing out essen-


tial things that need to be learnt but learn-


ing to do them properly quicker so we can


increase the momentum of our business


growth quicker. I believe that reading does


allow us to shortcut the learning curve and


accelerate our progress along the success


curve. It allows us to avoid taking the


knocks and learning the hard way; it helps


to reduce the risk of ignorance and costly


mistakes and ultimately may help us thwart
the possible collapse of our business. Read-
ing also provides us with potential
shortcuts, new ideas and new approaches
and possibly the recipe for success that has
worked for other people dealing with simi-
lar things.

I have not written this post purely from a
theoretical point of view but with the ben-
efit of my own introspection and reflection
of my entrepreneurial journey so far. Dur-
ing the early years of my entrepreneurial
journey I read a very small number of qual-
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