Episode 102: Reading, Writing, Doing
What’s a good balance between educational content consumption and doing the work?
Summary
Nick and Kai answer a reader question about balancing educational consumption with doing. They compare their reading systems (Nick’s LIFO book stack versus Kai’s problem-focused sprint reading lists) and cover how they extract value from books through annotation and indexing. Both treat reading and implementation as a loop: what you build tells you what to read next.
Highlights
- Nick runs a LIFO book stack: new books go to the bottom and wait their turn. He goes through roughly 100-120 books a year, fully reads about 20, half-skims about 50, and discards the rest. A book has around 20 pages to prove it is worth continuing.
- Nick’s tape flag system runs five colors: blue for an interesting tip, green for more interesting, yellow for actionable, orange for very good, red for a moment that justifies the author’s existence. Alan Weiss’s Million Dollar Consulting earned 8 red flags, the most Nick has ever given a single book.
- When revisiting a book, Nick only reads the red tape flags. Going through every flag would drop him to roughly 6 books a year.
- Kai organizes reading around specific problems in 2-4 week sprints, the same way a personal trainer sets a workout plan toward a goal. After 2-3 books on a problem, his default is to move to implementation rather than read more.
- Two chapters of Chet Holmes’s Ultimate Sales Machine gave Kai two separate business ideas that together made him hundreds of thousands of dollars.
- Unknown unknowns only surface once you take an idea to market. Reading alone can’t tell you what you don’t know you don’t know.
- 2-6 weeks after finishing a book, Kai copies the most valuable points onto index cards, categorized by topic. When starting a new project, he pulls the relevant stack and sorts through what applies.
Read the transcript
A reader on my mailing list wrote in and asked about the balance between educational content consumption, reading e-books, watching videos. And doing the work. And it’s something that I’ve thought a lot about, and Nick thinks a lot about. We both practice in our business, in our lives. How do you balance the actual reading of the thing, learning of the thing, studying of the thing with the implementation and the doing of the thing? For both of us, it comes down to time management. Nick, start us off, if you would. Tell me a little bit about how you tackle what to read and when. How do you understand what the most important thing to focus on is?
What to read and when is that’s kind of difficult, actually. I don’t know. Like, a lot of articles just kind of come past me during my day. I build up a reputation for being into a certain set of things, and people will pay stuff to me in Slack rooms, or iMessage, or email, or whatever have you. And so I’ll just get information during the day and it will sort of ambiently pass through. There’s that, and then there’s the book stack. The book stack is Last out, first in. I think that’s it. What is whatever that is?
Lifo, last in, first out? Or yeah, you have to l yeah, that one.
You have to wait your turn in the book stack. So when I get a new book, it goes to the bottom of the stack. That’s what that is, right? So I did that, and it was actually pretty easy to establish that routine. And I usually read in the mornings and the evenings. And sometimes it’s professional stuff. Sometimes it’s like tech adjacent stuff. Like right now I’m reading a book by Sarah Wachter Boetchera, whom I’m probably butchering the last name of. And it’s about the tech industry, but I’m not going to be applying it to conversion rate optimization any time soon, right? It’s good. But yeah. Then there’s kind of the time that I plan during the rest of the day where in the morning, morning is writing time, writing time is sacred time. I have upended my mornings all of thrice in 2017 to do anything that wasn’t writing. And then the afternoon usually kind of breaks into early afternoon is client work and late afternoon is like reading and walking the dog. And I’ve just kind of always done that, right? Because reading is the most critical thing in my business. If I’m not constantly understanding what to do next in the tech industry, I’m going to fall behind and I’m not going to have a job. If you are part of the tech industry, you fundamentally have to be understanding what is the new cool shit. You have to understand what works now. And so if you’re not reading a lot and working that into your routine frequently, You have probably around how long do you imagine before you become irrelevant and have to quit the industry? I would say about four years.
Now I’m with you on the value of reading and the value of continual education. I don’t know. Does it necessarily completely obsolete you? Where do we draw the line of being in the tech industry? Am I in the tech industry? Are you in the tech industry? Like, where is that dividing line?
Um, I definitely think I’m in the tech industry.
I think you’re in the tech industry. I’m a professional typist. But somebody listening who’s a copywriter, are they necessarily in the tech industry? Is anybody who’s a knowledge worker these days in the tech industry by fiat?
I think increasingly the tech industry is just kind of growing to encompass all businesses. And there’s ceasing to be a distinction, right? Like I’m, you know, one of my clients, they make like artisanal handmade bracelets from Bali, right? But if they weren’t an e-commerce business, they wouldn’t be turning over the amount that they do. Right. You could theoretically go to Bali and ship it and get to like a hippie market someplace, and you would be doing maybe, I guess, 20K a year, something like that. Yeah. So I mean, I don’t think that if you want to grow as a business in the year of our Lord twenty seventeen, you have to pretend like you’re a tech company, even when you’re not. Right. And I’m when I say tech industry, I mean more in like an actual building role, right? Because you can be in the tech industry and be in marketing. You can be in the tech industry and be in content creation or and it’s still peripheral, right? Like you’re a writer first and foremost, but you happen to be a writer for Casper, which is a tech company, right? They’re a tech company that happens to issue mattresses to people. But they’re fundamentally a tech company. No, I agree with you there. Yeah, that’s a bit of a digression from the reading and writing bit. But if you’re like a designer or developer, especially if you’re a developer, you should be reading every single day. You should be devoting at least an hour and a half to your reading and an education every single day. And if you don’t, I mean, that’s the way you become professional. But if you don’t, also, you’re going to be on the wrong side of history when your language gets deprecated or your job gets outsourced, right? Your jobs don’t get outsourced in the language that came out 10 minutes ago.
Right, right. Yeah, I agree with you there. I dislike the idea of constantly chasing the latest fat or the latest tech hotness, but I think your point on Needing, say, 90 minutes a day to read, to study, to actually level up is absolutely on point. When I think about my own business, one of the inflection points was very much when I started actively reading to learn particular topics about. Business or about my industry or about new industries. Ultimate Sales Machine by Chet Holmes is one of my favorite and one of my more recommended books on sales and marketing and business. And two separate business ideas came out of two chapters in that book for me. I would not have the business I have today were it not for reading that book, discovering an idea, and saying, huh, this is interesting. Let me play around with it a bit. And it turning into something that made me hundreds of thousands of dollars. So. I completely agree on the value of consistent education, consistent reading, and paired with that, consistent doing, consistent Taking the idea and throwing it against the wall and seeing what sticks. There needs to be a balance between the two. At times in my life, I’ve definitely fallen too far on The reading side than the implementation side. As I say this out loud, I realize I’ve never fallen in a year in my life too far on the implementation side than the reading side. And that would actually be an interesting experience. What would happen if I Decrease the amount of reading and just focused on implementing the ideas in backlog for three months, six months, or a year. But consistent implementation, I think, needs to be paired with consistent reading. To get there, first and foremost, you need to be making the time to read.
Yeah. Yeah. I mean, if you’re taking the time to listen to our stupid podcast, you can take the time to read.
Just do both at the same time. We guarantee no productivity diminished.
I mean, you’re going to get about as much value if you read while listening to our podcast as if you pay very careful attention. Yeah. Yeah. We’re good at our work.
For me, one thing I’ve started doing this year 40%, 30% of the time, and I’m looking to more frequently and more consistently in the coming year is setting out a reading plan, either in two-week or four-week sprints. Just so I’m able to say, this is the problem I’m facing right now. Maybe it’s a mental problem, maybe it’s an emotional problem, maybe it’s a business problem, whatever it is, there’s a problem. And on the show, we love talking about how problems have solutions. And in this context, the solution is saying, Well, I’m experiencing this problem. Let me read two, three, four books on this problem to understand the solutions, to understand what I could do to solve this problem. And then, once you’ve read this, once you’ve internalized this information, once you have some idea of what the lay of the land is, there’s really two paths forward. A, I don’t yet know enough to start implementing a solution. I need to read and study more. B, Okay, I know enough to start testing things. Let me start implementing solutions and see what works. And more often than not, I think after reading two or three books You should fall on B. You should start implementing ideas to see what works and start gathering data based on that because it’s so easy in a vacuum to say, I don’t know enough about this. Let me read another book or read more articles on this. When the truth is, until you actually take the idea, whatever the idea is, be it business or not, to market, to the real world, take it out into the harsh light of day. You really don’t know what you don’t know. You only encounter those unknown unknowns once you take your idea and present it to the world. Once you take whatever solution you’ve conceived of and presented it to the world. And then you’re able to say, oh, wow, I completely did not expect A, B, and C. Let me go read and study more to understand how to solve those problems. So it really is an iterative aspect between reading and doing, where you want. The reading to inform what you’re going to do, and the lessons learned from the doing to inform what you read next. That at least has been my experience growing my business. What I’ve decided to read next has come from The projects I most recently worked on, and what I learned, or what I learned I did not know, by working on those projects.
Yeah. I um I’m sort of the opposite. I come from like a very academic-y background, and so I just Reading happens. It’s not a thing I have to force for myself. It’s a thing that, just like, it’s always there. And maybe I’m just taking it for granted, but like I spend maybe three hours a day reading. Like between morning, evening, just like all of my waking hours, I spend so much fucking time reading. And and that’s, you know, probably a result of my upbringing and my background and like what I did in college and whatever have you. But like the result of it is I don’t think about what to read next. I have a stack. A book goes in the bottom of the stack. Once I have completed the stack, I ask a couple of people what should I put in my stack, and then Amazon Prime orders just appear at my house. Because people are like, I’ve been waiting for this moment my entire life. Here’s the one book I care about. And then they send me, I don’t know, the Bible. No, they don’t send me the Bible. They send me the the book they actually care about. And then it goes in my stack. And that happens like a couple of times. And it works real well. But I don’t know. Like, books just, I have a confidence that good books are going to find me. Like, I surround myself with good people, and the good people happen to recommend good books. And so I don’t really have to think about am I getting low quality books in that aren’t going to help me? I also am very skeptical about shitty books. You have basically twenty pages to keep me reading your book. And I will come in and skim the table of contents, understand how the book is structured, especially for nonfiction books, and understand where to get like interesting bits out of that book, right? There’s a lot of times where I’ll read half of a book and I’ll be like, that was a damn good book. It was incredibly valuable for me. Understanding that a nonfiction book is not really necessarily meant to be read the entire way through, at least most of them that aren’t meant as like entertainment in your bookshop, but like Books where you’re supposed to actually learn something and get something done. You can skip around them. You can skim them. You can throw them to the side if they’re not working out for you. And so the consequence of that is that I go through probably around 100, 120 books a year, something like that. It’s a lot of books, right? And I don’t read 120 books a year. I said go through 120 books, right? Like, I’m close to reading maybe 20. And then I’m half-acidly skimming/slash partially reading probably about 50 more. And then the rest are just bullshit, and I don’t have to read them. I look at them. I see they’re not worth my time and I throw them to the side. Congratulations, I just completed another book in the stack. I doubt that.
Now, one of the reasons, just to return to this for a moment. One of the reasons I like having a planned-out reading list is the same reason I like working with a personal trainer. I could show up at the gym every day and do whatever workout comes to mind and feel like, hey, I want to work on my delts today, I want to work on my biceps today, I’m going to do bicep-related things. But I found by having the personal trainer set out a workout regimen to help me achieve a goal, it helps me achieve that goal faster. And so planning out a reading list, saying, okay, to solve this problem, I want to read these four books versus the stack method, which I also do use. I found it to be more impactful in helping me understand the solution to a problem, similar to having that personal trainer.
Yeah, yeah. And I think that’s a really good analogy to be making. Like, if you are the kind of person that needs that sort of guidance to stay accountable on your reading routine, by all means, plan out your books. Have a book club, like read with other people. Go out of the house and say, This is going to be my reading time, and only take your Apple Watch or no device at all, better yet. All of those things are tremendously valuable. If you’re a crazy weirdo who did chaos theory research for NASA for in college, Then you should probably just be reading all the time, right? Like, I love reading. I’m one of the I am the success story of the kids’ department of a library. It’s like, reading is fun. I’m like, it is. All right.
So, so, oh, we got it. Here’s a flashback Kai story. I don’t think I’ve ever told a story on a podcast before. So, dear listeners, you’ll enjoy it. So, I must have been seven or eight years old. Local public library was having a reading contest. Read, I think it was 50 pages or 100 pages, get a ticket, and I’m there one day returning books, filling out my tickets, and these kids see me, and I have a stack of like 40 tickets in front of me. And they’re like, how? And I’m like, I really enjoy reading. I really enjoy reading. My childhood was take a crate like a milk crate to the library, fill it with books, read them, return them a week later. I grew up just with an innate love of reading. It is probably my number one favorite hobby. And let me tell you, when it’s your number one hobby, it’s hard to date people who don’t read.
My partner is actually frustrated at how little I read, which is hilarious. She’s like, um Some sort of crazy power user on Goodreads. Like her biggest social network is Goodreads. And you know, she’s like, she has a fairly large presence on the internet. Her biggest social network is Goodreads. Yeah. Follow Aaron Watson on Goodreads, everybody. But anyway, yeah. So point being, like, I I don’t know. I’m one of those people who just like reading happens at me and I I just churn through books and it’s great. But if you’re not that kind of person, like carve out a space for it and carve out a routine from that. And the way that I know how to do that is through time management. And it’s not even just I’m carving out space to read, but there’s also the matter of figuring out what to read, right? I’ve solved that largely by surrounding myself with other crazy bookheads. And other people who know what I like and being very outgoing about that. But in the absence of that, what you do, you have a library. And if you live in a big city, you have a big library. And I’m envious because it means you don’t have to go 35 minutes to go to the library. I just sit on shypublib. org and make holds on my partner’s account because she goes. To the library way more often than I do. So she just checks them out on her card and gives them to me. Wonderful. And they happen on the interlibrary alone because Chicago is layout is probably similar to other cities where they have. Big library downtown that has all the interesting books. And if you want like 50 shades of the horror thing, whatever, you can go to your local library. Or you just get loans over there and they’re for free, right? So you could just say, Hey, I want this, send it to Logan Square. And now my book is a one-mile bike ride away and not a half-hour L ride away to another L to et cetera, et cetera. So it’s easier that way. Buying used books, checking books out of the library, doing all these things. The goal is to spend as little on this entire endeavor as humanly possible, because otherwise you’re going to be spending too much money and you’re going to be Wasting a lot of money on books you’re not going to like, and you don’t know until you open it. You know, that’s the problem with books. You’re only enthusiastic about the book when you decide to get the book, and then it goes at the bottom of the stack, and you’re like, what is this? What was I thinking about macrame in 2016? Slow cooker revolution. I mean, slow cookers are great.
Is there a revolution, though?
Hell no. Just slow cooker, Jesus.
No, I completely hear you. That moment of excitement when you buy the book is. I mean, it’s the trigger. It’s you’re getting this thing, you’re so excited about it. And then it’s on the bookcase or next to the bed. And four months later, you discover it. And it’s like, what is this? What did I buy? Why do I own it? I love buying used books off of Amazon. If somebody recommends a book and I’m able to get it for like $4 shipped to me, great. I am fine making like a long bet on the value of that book. I love my local library. It’s so valuable to be able to check books out. I prefer buying books to checking books out, specifically because I’m one of the type of people who love highlighting passages in books. You and I both use tape flags. I write marginalia notes in the margins on my books, and then I’ll go back and review the notes. Two to four weeks later, and extract out anything that’s relevant, any directives that I found in the book. So, my process of reading does not play well with a library. But it plays very well with building up my own personal library of books.
Yeah, my my library library books override other books in the stack because I have three weeks to read them, you know. But yeah, that’s that’s about it. Um I don’t know. I don’t know. Oh, tape flagging you mentioned. If I own the book, oh my God, I cover it in tape flags. And what I do I was mentioning this to Kai while we were preparing the notes for this one, but I buy the one that’s like the five color tape flags from Post-It because they’re cheap. And because nobody makes a single color tape flag that’s the same size, like the tiny pocket size, so I can outline, I can point at a specific line. And then I rip it apart and I sort it in order from cool to warm color, and there’s a hierarchy. If something is like, huh, that’s a cool life hack tip thing. Then it gets a blue tape flag. If it’s more interesting, it’s green. If it’s like getting to the point where it’s like actionable advice, it’s yellow. If you earn a red tape flag. You have justified your existence as an author to me. The most number of red tape flags I have ever put in a book once is eight. Oh, wow. It takes a lot to get eight red tape flags. You have to be, in this case, Alan Weiss’s million-dollar consulting to get eight red tape flags. And a lot of orange, a lot of yellow. I think I went through two packs of tape flags on that book.
It’s a good book.
It’s a good book. It’s a good book. You have to earn your tape flags. There’s some books that get one tape flag or. I put in a tape flag two-thirds of the way through the book, and Aaron is like, It took that long for them to get a single blue tape flag. I’m like, I know.
I mean, honestly, I don’t view that as a negative. Like, I read a book, and like I follow the similar process to you where I’ll read the table of contents, I’ll skim, I’ll isolate and identify specific chapters I want to read first or only read. But if I only find one idea, even if it’s only one marginal idea in a book, I still view it as a success. I will take a book where I’m like, this one passage was relevant and worth it. That is a success in my mind. Full success.
Let’s say two orange, five yellow, and then maybe two dozen between green and blue. Whatever the split is. That’s kind of the bar that I have for anything that and above. I’m like, I spent a good amount of time reading this book. It was very valuable for me, very useful, very worth my time. And then other books, I’m anything below that is kind of like bug. If you get a red, automatically, you’re worth my time. If you get like a ton of orange Yeah, yeah, we’re we’re in business. That’s good. But like, yeah, I’m basically just like you gotta dance, man. Fucking dance. I think of one book that you’ve mentioned on this pot, I’m not gonna mention the name of the book. It’s a business book that you mentioned on this podcast like a bunch of times. It earned one red tape flag and nothing else.
Uh-huh. Uh-huh.
That’s it. And it was in the middle of the book, and it’s the like key point of the book. And that was That was a very insightful red tape flag moment. That was amazing. Could it have been a blog post on Medium? Sure. Right.
That’s an insightful, valuable point. I mean, and I think that’s, for me, at least the reading process, that is the most important thing. Are you coming out of it with an insightful point, with something valuable, with something interesting, with a new idea you’re able to apply in your business life or your personal life? Something that just opens your mind to a new way of thinking.
Somebody actually sent me a copy of Cadence and a photo of a copy of Cadence and Slang that was covered in tape flags. I just lost it. Just lost it. If you have that, you want me to break down crying for five minutes, by all means, email it to me. But yeah, that’s real. That’s there’s so much wasted paper in nonfiction. There’s so much wasted paper in professional texts. They want to feel special and fancy by being a published author, and so they give you chaff. That’s what it is. You can accuse cadence and slang of many things, but one thing you cannot accuse it of is chaff. It’s 120 pages long. There ain’t much chaff.
Fair. Fair. So. One thing that I do, and I’m curious if you do the same, I try, and this is on the advice of Eric Davis, I try to process out one or two directives from the most valuable books. Lessons, ideas, core concepts, and those become part of my reference library. So when I want to reference, like, okay, what was the big insightful thing from BookX? I have a directive I’ve extracted from it. Do you do something similar where you’ll go back, review notes, or review your thoughts on the book to pull out whatever the most valuable or relevant thing is for future reference?
Yeah, I look at all the red tape flags. Fair. That’s this is not hard. And it is if I did that for every book, I would read six books a year. Like, the goal is to always think about how you’re understanding the knowledge and whether it’s helping you, and then have a decent process for recall. And that’s what it is for me. Because otherwise, I would just be hung up on the same book. And that happens sometimes, right? I currently, every time I’m writing a book. First thing I do is I turn to the Elements of Typographic Style by Robert Bringhurst, the book I ripped off for cadence and slang in format, if not in substance. And I’ve done that every time, right? And I have a lot of tape flags in all three of my copies of the elements of typographic style. And I go through and think about what is valuable for me in those books. And the same in business, right? Like if I’m thinking about what do I need for business negotiation, I look back on the like five or six books that I just remember in the back of my head, and I’ve organized them by subject in my library. So I have that. And then I take out the ones that I remember to be most insightful because I have a good memory for what gets the most tape flags. And I look at all the red tape flags. That’s it. This is not hard. I go through a lot of tape flags.
I do a slightly different process, similar to the tape flags. After that, I will go through, like I said, two, four, six weeks afterwards. Review the book, and then I’ll copy out onto index cards, whatever the most valuable points are. And I have those categorized and stored in a card filing system. And so if when I start a project, if I’m like, I need Reference material on marketing or hiring or sales. I could pull out a stack of index cards and be like, okay, what were the core ideas that I’ve encountered on this topic? Flip through them, the index card references what book it’s from, and I can be like, okay, I have these ideas, let me sort them into what’s relevant and what’s not, and in this way I’m able to. Essentially, do a card sorting activity with the different information, the different core concepts I’ve extracted from books I’ve read over the last few years. For me, it’s been an incredibly valuable process as a reference library.
That’s it. Just read. Read a lot. Don’t stop.
Notes
- Time management
- Reading may just happen. Optionally: intentionally schedule time around it Implementation: when you finish a book, how do you decide what to read next?
- Tape flag ("This is a thing I want to remember")
- Highlighting
- "This is an interesting thing to know about" and then apply later
- Rereading to extract notes / directives