Rule One. You must know the difference between an asset and a liability, and buy assets. An asset is something that puts money in my pocket. A liability is something that takes money out of my pocket.
ROBERT KIYOSAKIOften, the more money you make the more money you spend; that’s why more money doesn’t make you rich – assets make you rich.
More Robert Kiyosaki Quotes
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Remember, your mind is your greatest asset, so be careful what you put into it.
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When you are young, work to learn, not to earn.
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One of the most stupid things to do is to pretend you are smart. When you pretend to be smart, you are at the height of stupidity.
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It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.
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Don’t be addicted to money. Work to learn. don’t work for money. Work for knowledge.
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Don’t buy luxuries until you’ve built the assets to afford them
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When I started my last business, I didn’t receive a paycheck for 13 months. The average person can’t handle that pressure.
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If you’re lazy, don’t expect much in terms of success. You’re owed nothing and success will not be given to you. It’s earned.
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Don’t bury your failures, let them inspire you.
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There is a good life waiting for you. Its just waiting for you to grab it
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The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way.
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If you want to be rich, simply serve more people.
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Being an entrepreneur is simply going from one mistake to the next. You must have the fortitude to continue on.
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To be a successful business owner and investor, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game.
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Be worried if no one is criticizing you. Your job in life is to ignore the 33% who will never like you and do your best to convince the 33% who don’t care either way to join the 33% who love you.
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