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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
Takes
Asset
Money
Pocket
Must
Assets
Something
Pockets
Puts
Rule
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Differences
Liability
More quotes by Robert Kiyosaki
Successful people take big risks knowing that they might fall hard. But, they might succeed more than they ever dreamed, too.
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I believe in taking care of myself and teaching other people who want to learn. I don't believe in just printing money and giving money. I'm willing to teach those who are willing to learn. If you're not willing to learn, then go vote for Obama. I'm not Republican or Democrat, so don't get me wrong.
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I think it's a tragedy that our schools don't teach kids about money. I think it's a tragedy that it has to come to an emergency before we evolve.
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More important than the HOW we achieve financial freedom, is the WHY. Find YOUR reasons why you want to be free and wealthy.
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Real estate investing, even on a very small scale, remains a tried and true means of building an individual's cash flow and wealth.
Robert Kiyosaki
Face your fears and doubts, and new worlds will open to you.
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I'm actually a lot happier because I work as a teacher more than just a capitalist making money for myself.
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All depends on how determined we are to be successful.
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Most small businesses failed because the owner was under skilled, not under capitalized.
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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.
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The most successful people are mavericks who aren't afraid to ask why, especially when everyone thinks it's obvious.
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In military school, on day one you must memorize the mission of the Merchant Marine Academy.
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I wasn't born a natural entrepreneur. I had to be trained.
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Humans cannot find freedom until they let go of old obsolete ideas.
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Don't be addicted to money. Work to learn. don't work for money. Work for knowledge.
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Find out where you are at, where you are going and build a plan to get there.
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Financial leverage is the advantage the rich have over the poor and middle class.
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I still consider myself a little, fat kid from Hawaii.
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If the investor is uneducated, anything he or she invests in will be risky. So it's not the investment that is risky. It's the investor.
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Intelligence solves problems & produces money.Money without financial intelligence is money soon gone.
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