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 KIYOSAKITalk is cheap. Learn to listen with your eyes. Actions do speak louder than words. Watch what a person does more than what he says.
More Robert Kiyosaki Quotes
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An intelligent person hires people who are more intelligent than he is.
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Get your assets working for you so that your “ass” isn’t working for someone else.
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Making more money will not solve your problems if cash flow management is your problem.
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The problem with this world is not enough problem solvers. So, if you become a problem solver you become rich.
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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.
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Some people worry. Others prepare.
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People who refuse to open their minds to new strategies seldom become rich.
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Money always flows to the leader. If you want more money, simply become more of a leader.
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If you want to be rich, be friends with people who have the same mindset as you, or who at least won’t try to change your mindset to be more like theirs. Life is too short to spend time with people who don’t help you move forward.
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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.
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Your most expensive advice is the free advice you receive from your financially struggling friends and relatives.
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No one achieves great things by following the crowd. Have a spine. Strike your own path.
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The most successful people in life are the ones who ask questions. They’re always learning. They’re always growing. They’re always pushing.
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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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The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know.
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