According to a study published in the Journal of Small Business Management, entrepreneurs who read business books tend to have a better understanding of business concepts and strategies, leading to better decision-making and higher income. The study found that small and medium-sized enterprises owners who read business books had an average annual revenue increase of 65%. Crucially, this refers to entrepreneurs that manage to apply the business insights they read in books to their actual business.
As the top-rated digital reading journal, Basmo is the only app designed to help you do exactly that: apply the insights you read in your favorite books to your actual business.
Increase your reading comprehension by 34%
Numerous studies have shown that note-taking while reading can significantly improve comprehension and retention of information. For example, a study in the Journal of Education for Business found that taking notes while reading a business book improved recall and retention of information by up to 34% compared to those who did not take notes. Basmo’s note-taking system offers a seamless way to capture and organize your notes, making it an indispensable tool for any business reader. With just a photo of a page, Basmo instantly digitizes and auto-tags your notes, making it easy to find and reference important information at any time.
Reference: Swanson, D. L., & Holton III, E. F. Research in organizations: Foundations and methods of inquiry. Berrett-Koehler Publishers.

Work on your notes across all devices
With Basmo, you can easily export your notes via Notion sync, allowing you to access your insights on any device.
If you are an entrepreneur looking to accelerate your business growth by reading more and actually applying what you read, Basmo is the only solution. Download now to start applying what you read, grow together with your team, and be productive on the go.
Studies
A study by Thomas A. Stewart published in the Harvard Business Review found that entrepreneurs who read business books tend to be more successful than those who do not. The study analyzed a survey of 100 CEOs and found that those who read at least one business book per month had a higher net income than those who did not.
A study published in the Journal of Small Business Management found that entrepreneurs who read business books tend to have a better understanding of business concepts and strategies. This understanding can help them make better decisions, which can ultimately lead to higher income.
A study by KPMG found that entrepreneurs who read business books tend to have a more positive outlook on business and entrepreneurship. This positive outlook can help them stay motivated and focused on their goals, which can lead to higher income.
A study by the Kauffman Foundation found that entrepreneurs who read business books tend to be more innovative and creative in their approach to business. This innovation and creativity can lead to the development of new products and services, which can ultimately lead to higher income.
A study published in the International Journal of Entrepreneurship and Small Business found that entrepreneurs who read business books tend to be more successful in their marketing efforts. This success can help them attract more customers and generate more revenue, which can ultimately lead to higher income.