It is true. Only applied knowledge is power. There it really applies use it or loose it.

Have you developed any methods on getting to the moment of tacking action on your knowledge? How to get to apply it?

I personally struggle on it. I do read a lot, but soon forget. Sometimes if the reading material comes with practical exercises I'm way more likely to engage in the content a be able to use it later on. I'm also starting to notice the power of audiobooks. Not as many say, going over many books. But for me is listening to a single one many times over, in some kind of self induced brainwash.