Quote

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

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Robert Kiyosaki
Age: 77
Born: 1947
Born: April 8
Blogger
Businessperson
Entrepreneur
Financier
Helicopter Pilot
Investor
Military Officer
Motivational Speaker
Radio Personality
Teacher
Hilo
Hawaii
Robert Toru Kiyosaki
Robert T. Kiyosaki
Differences
Liability
Takes
Asset
Money
Pocket
Must
Assets
Something
Pockets
Puts
Rule
Difference

More quotes by Robert Kiyosaki

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Always remember that no matter what anyone is saying to you from the outside, the most important conversation is the one you are having with yourself on the inside.
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The word accounting comes from the word accountability. If you are going to be rich, you need to be accountable for your money.
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If you do not know how to care for money, money will stay away from you.
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Start small and dream big.
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In school we learn that mistakes are bad, and we are punished for making them. Yet, if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk.
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Sometimes you succeed.... and other times you learn.
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If you want to be rich the rule of thumb is to teach others how to be rich.
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Be sure to have friends who demand more of you rather than tell you why you cannot do what you want to do.
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Every time you think you can’t do something... someone else thinks they can.
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Intelligence is the ability to solve problems
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The reason so many people fail to achieve success is because they fail to fail enough times.
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Changing quadrants is often a change at the core of who you are, how you think, and how you look at the world. The change is easier for some people than for others simply because some people welcome change and others fight it.
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Going into our fear and confronting our greed, our weaknesses, our neediness is the way out. And the way out is through the mind, by choosing our thoughts.
Robert Kiyosaki
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When you hear that something can’t be done, ignore that advice and push forward.
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Learn how to learn, then learn what to learn
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Passion is the beginning of success
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Negative thoughts are not protecting you. They are making you smaller.
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My task is how I can learn to make money from that by giving first. I'm always constantly looking at how I can do more and more for less and less.
Robert Kiyosaki
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It's through our expenses that we become richer or poorer, regardless of how much money we make.
Robert Kiyosaki
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With any method of attaining great wealth, there is a price, and price is not always measured in money
Robert Kiyosaki