Robert Kiyosaki Quotes

As a process, choosing for myself turned out to be much more valuable in the long run, rather than simply accepting or rejecting a single point of view.

For while the process of developing cash flow from an asset column in theory is easy, it is the mental fortitude of directing money that is hard.

An entrepreneur can make money out of nothing.

Too often today, we focus to borrowing money to get the things we want instead of focusing on creating money.

Money is running their lives, and they refuse to tell the truth about that. Money is in control of their emotions and hence their souls.”

Often in the real world, it’s not the smart who get ahead, but the bold. Last night, I took a break from writing and watched a TV program on the history of a young man named Alexander Graham Bell.

Often in the real world, it’s not the smart who get ahead, but the bold. In

He said it was better to work years at creating an asset rather than to spend your life working hard for money to create someone else’s asset.

Investing is not buying. It’s more a case of knowing.

When you know you are ignorant in a subject, start educating yourself by finding an expert in the field or a book on the subject.

Whenever you find yourself avoiding something you know you should be doing, then the only thing to ask yourself is, “What’s in it for me?” Be a little greedy. It’s the best cure for laziness.

Professional Answer from Tom Wheelwright Taxes are a part of life. The simple question is whether you are going to use the tax law to make them a smaller part of your life, or do nothing and let them stay a huge expense. With a sound education on how the tax laws work coupled with better tax planning from a competent tax advisor who understands the laws, most entrepreneurs and investors can permanently reduce their taxes by 10 percent to 40 percent. And the money you save in taxes can be used to invest and build your wealth. So don’t wait. Take action now and learn how you can reduce your taxes.

Rule #1: 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 number one. 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. “Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets, “ said rich dad.

We all have tremendous potential, and we all are blessed with gifts. Yet, the one thing that holds all of us back is some degree of self-doubt. It is not so much the lack of technical information that holds us back, but more the lack of self-confidence. Some are more affected than others.

[...]proper mental exercise increases your chances for wealth.