additional work with my present wages, I could earn monthly, an additional two hundred and ten dollars.
On your timer, you have the number of seconds it took you to read the above 344 words. Convert the minutes into seconds, if necessary, and count the words per minute. Use the formula:
344/ number of seconds * 60
Now, you know your reading speed and can make a rational decision about improving it by implementing my advice.
Use my Speed Reading Profits Calculator to check your potential gains. Just provide your reading tempo (words per minute) and how much time you spend reading every day in minutes. If you also add your hourly wage, you will see a monetary equivalent of the time saved. Go and see for yourself:
http://www.onedollartips.com/tools/srpcalc
Using my very conservative assumptions, here are some profitability boundaries regarding a 10-minute daily speed reading practice:
If you read less than 30 minutes a day, it is pointless to invest 10 minutes and increase your reading speed by 50%. You'll read faster, but you'll also reduce your reading time because of practice. However, you may make bigger progress than me: 60% or 160% and still get a positive net result. It's your call.
On the other hand, the more you read, the more profitable an increase of your reading skill will be. If I read four hours a day, I would save one working week per month.
Conclusion
Check out your reading speed. Estimate how much time you spend reading on average. Find out if a 10-minute practice is viable for you.
10 Minutes
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I KNOW that daily, sustained action brings results.
I know it because I do practice this rule in many areas of my life. I focus daily on specific actions, committing 10 minutes to them. I do track my results. And I do see them improving. I've gotten results in such different areas as weight loss, finances, learning skills, and relationships. I strongly believe that it is a universal law applicable to absolutely ALL areas of life.
If you do something daily and you are not getting the desired results, it simply means you are putting at least as much daily and sustained effort against those results.
The more action, the better results - take a look at a chart below.
The shape of the curve is called normal distribution in probability research. It is in statistics something like a number π in math. As π can be found in many equations describing the texture of the universe, normal distribution can be used to describe a multitude of quantities in physics and measurements in biology, including IQ, height, weight and many more. According to the central limit theorem, the mean of a large number of random variables tends to normal distribution. And, in our big and complicated world, a lot of effects are presented by a large number of random data. I did study the statistics (years ago) and still don't understand most of this stuff, and it's out of the scope of this book, anyway. If you are curious, it is explained in a forthright way here: http://askville.amazon.com/Central-Limit-THeorem-apply-statistics-life/AnswerViewer.do?requestId=7620607
I believe the normal distribution can also be applied to describe a relation between a human effort represented by time and achieved results. We have to sleep, so we have about sixteen hours at our disposal, and we can get maximum result investing half of them in one activity. If we give less time, we don't achieve maximum result, and if we dedicate too much time, we are burning out. In the case of speed reading practice, it is quite possible that optimum time is much shorter than eight hours - eyes really hurt after a period of intense training.
But you are not going to devote eight hours a day of your precious life to get a maximum result, which in this case would be ... a world speed reading championship, I suppose. You just need to improve your reading skills. Check out the left part of the chart.
Even the smallest amount of invested time brings results. I