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The key to financial freedom and great wealth is a person's ability or skill to convert earned income into passive income and/or portfolio income.

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
Keys
Portfolio
Skills
Portfolios
Wealth
Convert
Ability
Earned
Freedom
Passive
Persons
Skill
Person
Income
Great
Financial

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You will make some mistakes but, if you learn from those mistakes, those mistakes will become wisdom and wisdom is essential to becoming wealthy.
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A great property manager is key to success in real estate.
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It is not much different from a person who goes to the gym to exercise on a regular basis versus someone who sits on the couch watching television. Proper physical exercise increases your chances of health, and proper mental exercise increases your chances for wealth. Laziness decreases both health and wealth.
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I still consider myself a little, fat kid from Hawaii.
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You cannot improve your future if you are not willing to try something new and risk making mistakes and learning from them
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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.
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Failure is part of the process of success.
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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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If you want to go somewhere, it is best to find someone who has already been there.
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Anyone can be an entrepreneur. All it takes is a little drive and ambition.
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Business and investing are team sports.
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If you are moving, even fire will not hurt you. If you are standing still near the fire, even though you are not in the fire, the heat will eventually get to you.
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You want to know a little about a lot.
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Making money and making the world a better place are not contrary to one another.
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If you want to thrive in today's economy, you must challenge the status quo and get the financial education necessary to succeed.
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When you diversify your mutual funds, you are diversifying something that is already diversified. Diversifying mutual funds is like taking high octane gasoline & adding water & then adding orange juice to it.
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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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One of the best skills of an entrepreneur is the ability to question. By asking new questions, new answers are found.
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Making more money will not solve your problems if cash flow management is your problem.
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The biggest trap, the biggest dungeon in life isn't laziness or bad luck, it's comfort.
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