Robert Kiyosaki Famous Quotes
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The primary reason I'm in real estate, oil, gold, and silver is because the U.S. dollar has become the peso the world. It's becoming more and more worthless as the U.S. is the world's biggest debtor nation.
Passion is the beginning of success
I've had all six of my books reach the New York Times bestseller list, which is especially rewarding seeing as I flunked out of high school twice because I couldn't write. It just goes to show you that we learn from our mistakes.
Business and investing are team sports.
Your mind, more than your actions, determines your net worth.
The most important word in the world of money is cash flow. The second most important word is leverage.
You can become rich by being cheap but the problem is that even though you are rich, you are still cheap
Finding good partners is the key to success in anything: in business, in marriage and, especially, in investing.
Remember that all financial markets are filled with good but not necessarily innocent people looking after their own self-interests before they look after yours.
Being an # entrepreneur is not a get-rich scheme; it takes # strength of character to keep going.
Network marketing is the fastest growing business model in the world today.
Don't sacrifice your spirit for wealth. Grow your wealth by first growing your spirit.
The moment you believe your own crap and excuses, you fail.
As long as you have more cash flowing in than flowing out, your investment is a good investment.
People who dream small dreams continue to live as small people.
Sitting and watching a game show, or betting on your lucky numbers is not the price that most of the top 1% paid to become rich
Change your focus from making money to serving more people. Serving people makes the money come in.
Start a part-time business and make as many mistakes as you possibly can while you still have your daytime job.
Rule One. You must know the difference between an asset and a liability, and buy assets. If you want to be rich, this is all you need to know. It is Rule No. 1. It is the only rule. This may sound absurdly simple, but most people have no idea how profound this rule is. Most people struggle financially because they do not know the difference between an asset and a liability.
Everyone has the ability to build a financial ark to survive and flourish in the future. But you must invest time in your financial education to build an ark with a solid foundation.
When employees unite, they form a union but when business owners unite, they form a team.
Often, the more money you make the more money you spend; that's why more money doesn't make you rich - assets make you rich.
You can tell a person's past, present and future by listening to the words they use.
Money will never make you happy if you are an unhappy person.
People invest in businesses that they believe have the leadership, mission and team to grow and operate profitably.
If you want to go somewhere, it is best to find someone who has already been there.
History reminds us that dictators and despots arise during times of severe economic crisis.
Most people try to get rich by being cheap and the price for that is that you live cheap and there is so much money out there; why would you want to live cheap?
Losers are people who are afraid of losing.
You can invest with less risk and make more money in the stock market. All you have to do is not be an average investor. Intelligence is the ability to make finer distinctions.
A call for women ... To rise up what it really takes for the reward of financial freedom.
If you want to retire young and retire rich, it is very important that your money be like a bird dog, going out every day and bringing home more and more assets.
My brain gets stronger every day because I exercise it. The stronger it gets, the more money I can make.
There are no mistakes in life, just learning opportunities.
Typically the person who raises the money, or puts up the money to start the business, owns the lion's share of the business. So learn how to sell and keep learning. It will usually be your own fear that you have to overcome.
Talk is cheap. Learn to listen with your eyes. Actions do speak louder than words. Watch what a person does more than what he says.
I'd rather be a victor than a victim.
The most life destroying word of all is the word tomorrow.
Excuses cost a dime and that's why the poor could afford a lot of it.
Be careful who you get advice from. I get advice from people who are where I want to be.
I believe that every one of us has a gift. And I believe that mine is the ability to take the complex and make it simple.
The world's not going to wait for you. If you have an idea, put some effort behind it and get it out there.
Negative thoughts are not protecting you. They are making you smaller.
Deflation isn't good, and inflation is easier to cure than deflation.
Get out of your own way. Often, we're our own worst enemy when working towards our goals.
A truly intelligent person is the dumbest person on the team he is leading.
A smart entrepreneur knows they cannot run a business on their own. They know that business is a team sport.
If you want a solid future, you need to create it. You can take charge of your future only when you take control of your income source. You need your own business.
If you think you know it all, you really know nothing.
When my book 'Rich Dad's Prophecy' was released in 2002, most financial newspapers and magazines trashed it because I discussed a looming stock market crash.
If you're going to be a winner in life, you have to constantly go beyond your best.
Many people will have nothing at the end of their working lives.
Many people start a business only to make money. Just to make money is not a strong enough mission.
Many financial advisors recommend that you diversify for your own protection. What they fail to tell you is that it is also for their protection. Since most financial advisors cannot tell you exactly which stock or mutual fund is a great investment, they tell you to buy a bunch of them.
Most people have the opportunity of a lifetime flash right in front of them, and they fail to see it. A year later, they find out about it, after everyone else got rich.
The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left.
It's not what you have to "do" that needs to change. It's first how you "think" that needs to change. It's who you have to "be" in order to "do" what needs to be done.
Education is cheap; experience is expensive.
Excessive fear and self-doubt that were the greatest detractors of personal genius.
If medical doctors can be sued for malpractice, shouldn't financial professionals practice under the same safeguard?
The more security you seek, the less freedom you have.
I did have two dads; one was a socialist, and one was a capitalist. I really decided I would rather be a capitalist.
I wasn't born a natural entrepreneur. I had to be trained.
By 2003, every fool was getting into real estate. The checkout girl at my local supermarket handed me her newly printed real estate agent business card.
At the height of the Enron mania, the company's market value was $65 billion. Once the dust cleared, the final value was $0.
Look at the world of books nowadays. People just download books. They don't go to a bookstore. Amazon is wiping out Borders and Barnes and Noble. Those are brilliant examples of ephemeralization doing more with less at a better price.
If you've lost your spirit, even living in the richest country in the world can't help you become rich.
It does not take money to make money.
In the real world, the smartest people are people who make mistakes and learn. In school, the smartest people don't make mistakes.
When I was young, many people worked for a company with a pension plan that covered them for as long as they lived. If they didn't have a pension plan, they could count on Social Security and Medicare.
Critics only make you stronger. You have to look at what they are saying as feedback. Sometimes the feedback helps, and other times, it's just noise that can be a distraction.
One method of staying ahead of rising asset prices and the declining dollar is to think bigger and come up with better plans. As important as financial and business planning is a plan for personal development and self-improvement. I'm often asked to invest in people's business plans, and one of the reasons I turn many of them down is because a big plan requires a big person who's spent time on personal development. In a lot of cases, a business plan is far bigger than the person with the plan - that is, the dream is bigger than the dreamer.
If you don't like the idea that most of the money spent on lottery tickets supports government programs, you should know that most of the earnings from mutual funds support investment advisors' and mutual fund managers' retirement.
We all have defining moments. It is in these moments that we find our true characters. We become heroes or cowards; truth tellers or liars; we go forward or we go backward.
Good entrepreneurs are community builders, actively involved with their communities and dedicated to the community's well being. If you're dedicated to your community, it will be dedicated to you.
Education is more valuable than money, in the long run.
People with low financial literacy standards are often unable to take their ideas and create assets out of them.
I resigned from the Marine Corps and flying in 1974, even though I loved them both. I quit because I no longer wanted to fight for peace. Instead, I believe we can build a more sustainable peace by working for prosperity.
Selling is the most important skill as an entrepreneur. I'm not talking so much about selling a product so much as selling yourself, team, and deals.
My measure of success is whether I'm fulfilling my mission.
Everybody could be an entrepreneur, but very few will become very rich entrepreneurs.
I have a problem with too much money. I can't reinvest it fast enough, and because I reinvest it, more money comes in. Yes, the rich do get richer.
For there to be an expense, there must be income somewhere else
Commodities such as gold and silver have a world market that transcends national borders, politics, religions, and race. A person may not like someone else's religion, but he'll accept his gold.
Fail is a verb not a noun, most people think that when they fail, they become a noun and call themselves failures. People have to learn from their mistakes just as children learn to ride bicycles by falling off bicycles. Mistakes can be priceless if we are willing to learn from them because the price to becoming rich is the willingness to make mistakes and learn from them without blaming or justifying
From 1945 to 1974, the Western world - including America - was more socialistic than capitalistic, more pro-labor than pro-business.
Education is the foundation of success. Just as scholastic skills are vitally important, so are financial skills and communication skills.
Instead, to be financially free, we need to learn how to make mistakes and manage risk.
One of the reasons people aren't rich is because almost everyone has more excuses than money.
We live in a global community and we can't really remain isolated. I believe that when we hold a very narrow view about our attitudes of politics or culture or religion, then we cut out the opportunity to really engage with other points of view.
Intelligence is the ability to solve problems
If you fail, learn, and move on, you're growing.
The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money ... but never learn to have money work for them.
The truth is that money doesn't make you rich; knowledge does.
In 1997, in Rich Dad, Poor Dad, I stated, 'Your home is not an asset.' Real estate agents sent me hate mail.
You can either blame everybody else or you can take a look at yourself and determine where you can improve.
Jobs are a centuries-old concept created during the Industrial Revolution. Despite the reality that we're now deep in the Information Age, many people are studying for, or working at, or clinging to the Industrial Age idea of a safe, secure job.
Pricey oil makes clear that wealth really is energy in various forms.
It's tough to negotiate from a position of weakness.
Good debt is a powerful tool, but bad debt can kill you.