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The "What is Money?" Show
How to 5x Your Reading Speed and Retention with Emerson Spartz (WiM276)
Feb 20, 2023
01:35:11
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Quick takeaways
- Establishing a daily learning practice is essential for steady progress and retention of information.
- Increasing reading speed incrementally using tools can significantly boost information consumption.
- Actively engaging with material can enhance comprehension rates from 10% to potentially 50%.
- Improving information retention through repeated exposure, connections, and varied applications leads to easier retrieval of knowledge.
Deep dives
Establishing a Learning Practice
One key point discussed in the podcast is the importance of establishing a daily learning practice. It is emphasized that setting clear daily reading goals is crucial to avoid being distracted by various factors affecting motivation. The speaker highlights the significance of consistently reading every day to ensure steady progress in learning and retention of information. By setting specific goals for reading time and reflecting on the learning routine daily, individuals can build a strong foundation for consistent learning.
Increasing Reading Speed
The podcast delves into the strategy of increasing reading speed as a means to consume a larger amount of information efficiently. It suggests incremental increments in reading speed, such as moving from 1x to 2x speed listening, to significantly enhance the amount of material covered. By employing tools like natural reader and setting incremental goals to reach faster reading speeds, individuals can double or triple the amount of information they can process within a given time frame.
Improving Comprehension Efficiency
The speaker underlines the importance of enhancing comprehension efficiency by actively engaging with the material being consumed. They emphasize the distinction between comprehension and retention, highlighting that simply hearing and understanding the information is a key initial step. Practical tactics like using clicker devices to maintain focus and mitigate distractions aid in boosting comprehension rates from 10% to potentially 50%, ensuring a more thorough understanding of the content.
Enhancing Information Retention
The final focus in the podcast is on improving information retention for long-term learning benefits. The speaker suggests developing a robust network of connections between ideas, akin to creating a meshed network in the mind. By actively processing and connecting concepts through repeated exposure and varied applications, individuals can solidify their understanding and enable easier retrieval of information when needed. Strategies like highlighting key points, using mnemonic devices, and frequent review contribute to enhancing information retention over time.
Combining Skills for Success
To achieve success, especially as a polymath, it is essential to combine multiple skills in which you are 80-20 proficient. By merging different areas of expertise, individuals can create a unique niche that sets them apart and allows them to excel. This strategy involves identifying three separate fields in which you are proficient and leveraging this combination to dominate a specific niche. The intersection of varying skills can lead to unparalleled success and expertise, making it easier to stand out and make significant contributions in a chosen field.
Importance of Writing for Understanding
Engaging in the writing process is crucial for deepening one's understanding of complex ideas. Writing about concepts that you wish to comprehend enhances your ability to explain them to others effectively. The act of writing forces individuals to ensure they truly grasp the content, as the process reveals any gaps in their comprehension. Through writing and articulating ideas, individuals can embed these concepts more firmly in their minds, making them easily accessible for future recall and discussion.
Traveling and Maintaining Practices
Maintaining intellectual practices such as learning and knowledge retention while traveling can be challenging but achievable with the right strategies. Despite being on the road for extended periods, individuals can continue their routines by optimizing their travel methods and implementing efficient systems. By integrating these practices into their travel lifestyle, individuals can ensure consistent learning and growth even in dynamic and ever-changing environments.
Exploring Unconventional Niche Opportunities
Success often lies in discovering a unique combination of skills and interests to carve out a niche that aligns with one's passion and proficiency. Polymaths and individuals seeking fulfillment can explore diverse areas of interest to identify unconventional opportunities where they can excel. Instead of following traditional career paths, crafting a niche that merges different talents and expertise can lead to unparalleled success and personal satisfaction, enabling individuals to make meaningful contributions while pursuing what feels like play rather than work.
Founder of Nonlinear.org Emerson Spartz joins me for an in-depth conversation on how to become much more efficient at the reading process, the 80/20 rule, and finding your unique niche that you can be the best at.
GUEST:
Emerson's Website: https://www.emersonspartz.com
Emerson's Twitter: https://twitter.com/EmersonSpartz
PODCAST:
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast...
Spotify: https://open.spotify.com/show/25LPvm8...
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
Outline:
00:00:00 Coming up
00:01:12 “What is Money?” Intro Music
00:01:20 “What is Money?” Intro Message
00:02:46 Do More with Your Digital Assets with Ledn
00:03:30 Secure Your Bitcoin Stash with The iCoin Hardware Wallet
00:04:27 Introducing Emerson Spartz
00:06:31 Learning To Learn Faster
00:11:36 Establishing a Learning Practice
00:17:56 Increasing Your Reading Speed
00:21:02 Helpful Speed Reading Tools
00:29:44 10% Comprehension Rate
00:34:03 How to 6x Your Comprehension
00:37:41 Measuring Comprehension
00:43:07 Difference Between Comprehension and Retention
00:44:54 Increasing Retention
00:48:32 Take Control of Your Healthcare with CrowdHealth
00:49:34 A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
00:50:09 A Chance To Win Discounted Tickets to The Bitcoin 2023 Conference and 10M SATS
00:51:06 Replenish Your Body's Electrolytes with LMNT
00:51:57 Hold Bitcoin in the Most Secure Custody Model with Casa
00:52:45 Reviewing and Seeing Your Notes More Often
01:01:04 Value of Audio Notes
01:07:56 Actively Comprehending and Analyzing
01:11:51 Finding the Most Critical Information
01:17:26 Looking for The 80/20 Rule in Everything You Learn
01:20:47 Feedback Loops and Testing Yourself
01:22:18 Why Writing Helps You Understand
01:26:11 Travel Tips and Learning on The Road
01:29:14 Building Your Own Niche
01:34:31 Where to Find Emerson's Work
01:35:03 "What is Money?" Outro
SOCIAL:
Breedlove Twitter: https://twitter.com/Breedlove22
WiM? Twitter: https://twitter.com/WhatisMoneyShow
LinkedIn: https://www.linkedin.com/in/breedlove22/
Instagram: https://www.instagram.com/breedlove_22/
TikTok: https://www.tiktok.com/@breedlove22?l...
All My Current Work: https://vida.page/breedlove22
WRITTEN WORK:
Medium: https://breedlove22.medium.com/
Substack: https://breedlove22.substack.com/
WAYS TO CONTRIBUTE:
Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7
Sats via Strike: https://strike.me/breedlove22
Sats via Tippin.me: https://tippin.me/@Breedlove22
Dollars via Paypal: https://www.paypal.com/paypalme/RBree...
Dollars via Venmo: https://venmo.com/code?user_id=178435...
The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=328431...
RECOMMENDED BUSINESSES:
Ledn lets you do more with your digital assets: https://www.ledn.io/
Secure Your Bitcoin Stash with The iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/
CrowdHealth offers an innovative health insurance model based on Bitcoin and community: https://www.joincrowdhealth.com/breedlove
Wasabi Wallet is a Bitcoin wallet with privacy built-in by default: https://wasabiwallet.io/
Join Me At Bitcoin 2023 in Miami, and use discount code BREEDLOVE for a chance to win 10M sats: https://b.tc/conference
Replenish Your Body's Electrolytes with LMNT: https://drinklmnt.com/breedlove
Casa is the most secure way to custody your Bitcoin (use discount code BREEDLOVE): https://keys.casa/
Buy High Quality Bitcoin Apparel Here (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/?sca_ref=2744763.jDn5JzDZxS
Try Feel Free Tonics, a Great Alternative to Alcohol and Caffeine (use discount code BREEDLOVE): https://botanictonics.com
The Only Snack Bar I Will Eat—The Carnivore Bar: https://the-carnivore-bar.myshopify.com/?sca_ref=3135331.u66L01muXY
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