Ramit Sethi Quotes

Do you need your money next year, or can you let it grow for a while?

There are many audiences you should not build a business around, simply because they will never buy. For example, any business that serves nonprofits is doomed. Nonprofits are not going to pay you. Neither will restaurants or students. Restaurant owners believe they're "too busy" for most services, and students are poor and want to spend their limited money on alcohol. A huge part of your success in business comes from consciously choosing who you're attracting and who you're repelling.

Cynics don't want results; they want an excuse to not take action.

When you are listening to someone you respect, treat their whispers like screams

That's because automating your money will be the single most profitable system you ever build.

One thing I've learned in the self-development business: We all have lots of reasons why we aren't doing something we "should," like investing, flossing, or starting a business. No time, no money, not sure where to start, etc. Sometimes the truth is simpler: We just don't want to.

Fear is no excuse to do nothing with your money. When others are scared, there are bargains to be found.

Sometimes the most advanced thing you can do is the basics, consistently.

The truth is that the vast majority of young people don't need a financial adviser to help them get rich. We need to set up accounts at a reliable no-fee bank and then automate savings and bill payment.

Marshall Goldsmith, one of the world's top executive coaches, put it to me this way: "Your biggest challenge [is] customer selection. You pick the right customer, you win. You pick the wrong customer, you lose. Focus on helping great people get better."

In the end, managing your finances well is a lot like developing a strong personal productivity system: You keep track of everything without making it your full-time job; you set goals; you break them down into small bite-size tasks; you save yourself time by automating manual work; and you spend your time and brainpower focusing on the big picture. That's what I try to do with my time and money.

The mindset of conscious spenders is the key to being rich.

Never let yourself become house poor

Yes, the best time to start investing was ten years ago.

If you use generic phrases like "feeling motivated" and "I'm going to buckle down," I can tell you you're already going to fail. And after failing multiple times, you'll start to see yourself as a "person who fails." In other words, you start to believe, "I'm not the kind of person who can succeed in business."