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 KIYOSAKIDon’t just try to find great opportunities. Find an opportunity and make it great.
More Robert Kiyosaki Quotes
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There are people who are not wealthy because they want to be comfortable.
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People don’t like the idea of thinking long term. Many are desperately seeking short term answers because they have money problems to be solved today.
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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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Money does not make you happy, but the lack of money can cause unhappiness.
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We were not taught financial literacy in school. It takes a lot of work and time to change your thinking and to become financially literate.
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You don’t achieve success by “taking it easy” or “working on it later.” You achieve it through persistence and hard work.
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Don’t buy luxuries until you’ve built the assets to afford them
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In the world of money and investing, you must learn to control your emotions.
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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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If you look at anyone who has achieved great success and wealth, people like Warren Buffett, Oprah Winfrey, or Lance Armstrong, they have all focused intensely in order to win.
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French fries kill more people than guns and sharks, yet nobody’s afraid of French fries.
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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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Financial struggle is often the direct result of people working all their lives for someone else.
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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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You get one life. Live it in a way that it inspires someone.
ROBERT KIYOSAKI