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Self-discipline is the No. 1 delineating factor between the rich, the middle class and the poor.
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
Self
Factor
Factors
Discipline
Middle
Rich
Class
Poor
More quotes by Robert Kiyosaki
In the real world, the smartest people are people who make mistakes and learn. In school, the smartest people don't make mistakes.
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Finding your entrepreneurial spirit and making it strong is more important than the idea or business you are developing.
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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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Action first, mistakes second, lessons third.
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I still consider myself a little, fat kid from Hawaii.
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Most people want everyone else in the world to change themselves. Let me tell you, it's easier to change yourself than everyone else.
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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.
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Financial leverage is the advantage the rich have over the poor and middle class.
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Passion is a powerful force. Passion properly directed is unstoppable.
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Every time you quit, someone else gets your prize. Every time you make a mistake, you get closer to yours.
Robert Kiyosaki
One of the biggest defects in life is the inability to ask for help.
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The primary reason I'm in real estate, oil, gold, and silver is because the U.S. dollar has become the peso the world. It's becoming more and more worthless as the U.S. is the world's biggest debtor nation.
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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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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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People who lie to themselves about investing are the same as overweight people who blame their genes for their obesity.
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It is easier to invest for cash flow during a financial crisis. So don't waste a good crisis by hiding your head in the sand. The longer the crisis lasts, the richer some people will become.
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I don't save money. Save is a four letter word! I like to borrow money because I can get richer faster on borrowed money. I have what is called retained earnings, so I don't have to save money. If I need money, I will go out and borrow it.
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For winners, losing inspires them. For losers, losing defeats them.
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Have the courage to say what needs to be said to who it needs to be said to. You'll both be better for it.
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The most successful people in life are the ones who ask questions. They're always learning. They're always growing. They're always pushing.
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