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Always start at the end before you begin. Professional investors always have an exit strategy before they invest. Knowing your exit strategy is an important investment fundamental.
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
Begin
Exit
Knowing
Invest
Start
Investors
Business
Professional
Ends
Fundamental
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Fundamentals
Always
Investment
Strategy
More quotes by Robert Kiyosaki
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.
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If you can ask a young man to give his life for his country, you can lead people.
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Often, the more money you make the more money you spend that's why more money doesn't make you rich - assets make you rich.
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With any method of attaining great wealth, there is a price, and price is not always measured in money
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Most people try to get rich by being cheap and the price for that is that you live cheap and there is so much money out there why would you want to live cheap?
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It is not how much you make that counts, but how much money you keep.
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The moment you believe your own crap and excuses, you fail.
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Giving a poor person money keeps them poorer longer...often forever give them knowledge instead.
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Everyone can tell you the risk. An entrepreneur can see the reward.
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The better you are at communicating, negotiating, and handling your fear of rejection, the easier life is.
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Your job isn’t to make money. It’s to find a problem that needs solving.
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The idea of working all your life, saving, and putting money into a retirement account is a very slow plan.
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Investing isn’t risky not being in control is risky.
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There is a difference between being poor and being broke. Broke is temporary, and poor is eternal.
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Passion is the beginning of success
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When you hear that something can’t be done, ignore that advice and push forward.
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A good leader is always looking for people smarter and more experienced than they are. If you are the smartest one in the room, then you are stupid.
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As long as you blame someone or something else - something outside you that's bigger than you are - as the source of your problems, the problems won't get solved.
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If you do not know how to care for money, money will stay away from you.
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Failure inspires winners. And failure defeats losers. It is the biggest secret of winners. It's the secret that loser do not know. The greatest secret of winners is that failure inspires winning thus, they're not afraid of losing.
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