Robert Kiyosaki needs no introduction, the best selling author of Rich Dad Poor Dad, in which he shares his story of corporate salesman - to broke business man - to ultimate success.
And he attributes this success to the lessons he learned from his 'rich dad', as opposed to the advice given by his 'poor dad'.
II love his stories because, although he's talking about money and finances, he's actually giving wonderful advice about life in general. He also has a willingness to step out of his comfort zone and make mistakes, and he definitely lives life his way.
Robert Kiyosaki has been widely acclaimed for reaching the financially uneducated masses and opening their eyes to the importance of financial education.
He has also been criticized for various ‘sins’ such as fabricating his ‘Rich Dad’ (I have no idea if this is really true or not), having ties to multi level marketing (and so???) and the fact that he did at one point lose everything financially (show me one successful entrepreneur who hasn’t!!).
But love him or hate him - you have to agree that Robert Kiyosaki has educated a large amount of people who normally would not have looked at a finance book, about the importance of financial literacy in an easy to read and understandable manner.
We all learn through stories – so if he did fabricate his ‘rich dad’ – the end result is Robert Kiyosaki shows the difference between how the rich think by comparison to the 'poor' through telling his story. ('Poor' simply means people on a lower income and the middle class, who are living month to month, paycheck to paycheck.)
In any case – Robert Kiyosaki has a lot of great info to share over and above looking after your money, and I would absolutely recommend reading any of his books before you make your own decision…
The only difference between a rich person and poor person is how they use their time.
Sight is what you see with your eyes, vision is what you see with your mind.
Don’t be addicted to money. Work to learn. Don’t work for money. Work for knowledge.
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.
The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth in what seems to be an instant.
The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left.
Never say you cannot afford something. That is a poor man’s attitude. Ask HOW to afford it.
F.O.C.U.S – Follow One Course Until Successful.
Your future is created by what you do today, not tomorrow.
I find so many people struggling, often working harder, simply because they cling to old ideas. They want things to be the way they were; they resist change. Old ideas are their biggest liability. It is a liability simply because they fail to realize that while that idea or way of doing something was an asset yesterday, yesterday is gone.
The more I risk being rejected, the better my chances are of being accepted.
One of the most stupid things to do is to pretend you are smart. When you pretend to be smart, you are at the height of stupidity.
Find out where you are at, where you are going and build a plan to get there.
I am concerned that too many people are focused too much on money and not on their greatest wealth, which is their education. If people are prepared to be flexible, keep an open mind and learn, they will grow richer and richer through the changes. If they think money will solve the problems, I am afraid those people will have a rough ride.
Most people want everyone else in the world to change themselves. Let me tell you, it’s easier to change yourself than everyone else.
People who dream small dreams continue to live as small people.
The richest people in the world build networks; everyone else is trained to look for work.
There are those who make things happen, there are those who watch things happen and there are those who say ‘what happened?'.
Skills make you rich, not theories.
Losers quit when they fail. Winners fail until they succeed.
When you come to the boundaries of what you know, it is time to make some mistakes.
People without financial knowledge, who take advice from financial experts are like lemmings simply following their leader. They race for the cliff and leap into the ocean of financial uncertainty, hoping to swim to the other side.
Education is cheap; experience is expensive.
Too many people are too lazy to think. Instead of learning something new, they think the same thought day in day out.
There are no mistakes in life, just learning opportunities.
The love of money is not the root of all evil. The lack of money is the root of all evil.
We all have tremendous potential, and we all are blessed with gifts. Yet, the one thing that holds all of us back is some degree of self-doubt. It is not so much the lack of technical information that holds us back, but more the lack of self-confidence.
When you are forced to think, you expand your mental capacity. When you expand your mental capacity, your wealth increases.
Making mistakes isn’t enough to become great. You must also admit the mistake, and then learn how to turn that mistake into an advantage.
In today’s rapidly changing world, the people who are not taking risk are the risk takers.
Tomorrows only exist in the minds of dreamers and losers.
Excuses cost a dime and that’s why the poor could afford a lot of it.
People need to wake up and realize that life doesn’t wait for you. If you want something, get up and go after it.
If you want to be rich, simply serve more people.
You’re only poor if you give up. The most important thing is that you did something. Most people only talk and dream of getting rich. You’ve done something.
When people are lame, they love to blame.
Inside each of us is a David and a Goliath.
It is easy to stay the same but it is not easy to change. Most people choose to stay the same all their lives.
It does not take money to make money.
Face your fears and doubts, and new worlds will open to you.
A mistake is a signal that it is time to learn something new, something you didn’t know before.
There are no bad business and investment opportunities, but there are bad entrepreneurs and investors.
A winning strategy must include losing.
If you want to go somewhere, it is best to find someone who has already been there.
Success is a poor teacher. We learn the most about ourselves when we fail, so don’t be afraid of failing. Failing is part of the process of success. You cannot have success without failure.
The wealthy buy luxuries last, while the poor and middle-class tend to buy luxuries first. Why? Emotional discipline.
To be a successful business owner and investor, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game.
The problem with having a job is that it gets in the way of getting rich.
When times are bad is when the real entrepreneurs emerge.
Sometimes you win, sometimes you learn.
You get one life. Live it in a way that it inspires someone.
When I started my last business, I didn’t receive a paycheck for 13 months. The average person can’t handle that pressure.
Getting rich begins with the right mindset, the right words and the right plan.
Sometimes, what is right for you at the beginning of your life is not the right thing for you at the end of your life.
Business is like a wheel barrow. Nothing happens until you start pushing.
Starting a business is like jumping out of an airplane without a parachute. In mid air, the entrepreneur begins building a parachute and hopes it opens before hitting the ground.
Business and investing are team sports.
If you want to be rich the rule of thumb is to teach others how to be rich.
The hardest part of change is going through the unknown.
Financial struggle is often the direct result of people working all their lives for someone else.
Being an entrepreneur is simply going from one mistake to the next. You must have the fortitude to continue on.
One of the key things I have learned through reading Robert Kiyosaki material is that from a financial aspect, things are not as complicated as they seem. It's only when you lack the knowledge that they seem that way. My other take away is - you need to be honest with yourself about what you truly want if you want to live a life you love!
Robert Kiyosaki's quotes are about so much more than money, being an entrepreneur he has faced his own demons and learned a lot about life. I always come across one that will shine a light on something I’m going through at the time. I hope you find so too.