The problem with real estate is that it's local. You have to understand the local market. Robert Kiyosaki More Quotes by Robert Kiyosaki More Quotes From Robert Kiyosaki Rich people buy luxuries last, while the poor and middle class tend to buy luxuries first. Robert Kiyosaki luxurymoneyclass 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 Kiyosaki assetspocketsdifferences It’s not who was right or who was wrong when a mistake was made. It’s about who learned from it. Robert Kiyosaki made-itmademistake No one achieves great things by following the crowd. Have a spine. Strike your own path. Robert Kiyosaki following-the-crowdcrowdspath Schools teach you how to work for money, but don't teach how to make money work for you Robert Kiyosaki teachmaking-moneyschool In most cases, when people make more money, they get deeper in debt. This is why money alone does not make you rich. Robert Kiyosaki debtdoepeople 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 Robert Kiyosaki carelove-youjobs Selling is the most important skill as an entrepreneur. I'm not talking so much about selling a product so much as selling yourself, team, and deals. Robert Kiyosaki teamskillstalking Money is one form of power. But what is more powerful is financial education. Money comes and goes, but if you have the education about how money works, you gain power over it and can begin building wealth. The reason positive thinking alone does not work is because most people went to school and never learned how money works, so they spend their lives working for money. Robert Kiyosaki positive-thinkingpowerfulschool What do you think about me is not my business the important thing is what I think about myself. Robert Kiyosaki important-thingsimportantthinking Because students leave school without financial skills, millions of educated people pursue their profession successfully, but later find themselves, struggling financially. Robert Kiyosaki skillsstruggleschool A goal is different from a wish. You may wish to be rich, but there's no responsibility for it. With a goal, it's on you to achieve it. Robert Kiyosaki goalresponsibilitywish The richest people in the world build networks; everyone else is trained to look for work. Robert Kiyosaki inspirationalinspirepeople Building your own business is the best way to become rich. Then you can begin investing in other assets. Robert Kiyosaki investingrichway I don't believe in giving people money. In Sunday school [you learn] that if you teach a man to fish, you feed him for life; but you give him a fish, you feed him for a day. Robert Kiyosaki sundaybelieveschool 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. Robert Kiyosaki moneyinspirationsuccessful The main cause of poverty or financial struggle is fear and ignorance, not the economy or the government or the rich. Robert Kiyosaki governmentignorancestruggle A smart entrepreneur knows they cannot run a business on their own. They know that business is a team sport. Robert Kiyosaki smartrunningsports For most people, the price for security is personal freedom. And without freedom, many people spend their lives working for money, rather than living out to their dreams Robert Kiyosaki personal-freedomdreampeople You can invest with less risk and make more money in the stock market. All you have to do is not be an average investor. Intelligence is the ability to make finer distinctions. Robert Kiyosaki distinctionriskaverage
