Quotes from Robert T. Kiyosaki

but I am afraid he is paying a big price.

One of the reasons our educational system is slow to change is largely due to the power of the teachers union. They know the power of a network.

The Worldly Philosophers

In the Information Age, the people who work the hardest physically will be paid the least. It is already true today and has been true throughout history.

If the donkey could see the whole picture, it might rethink its choice to chase the carrot.

My first product, the nylon-and-Velcro wallet, was manufactured in the Far East and shipped to a warehouse in New York, near where I had gone to school.

an asset that gives him very little cash flow and will appreciate very slowly in value, if it ever does.

The retailers want you to shop and browse.

After The Worldly Philosophers, I recommend reading The Creature from Jekyll Island by G. Edward Griffin, Paul Zane Pilzer's Unlimited Wealth, James Dale Davidson's The Sovereign Individual, Robert Preacher's The Crest of the Wave, and Harry Dent's The Great Depression Ahead.

I was talking to someone who needed to be locked up.

Simple math and common sense are all you need to do well financially. There

When you again resisted your emotions when I tempted you with more money, you were again learning to think in spite of being emotionally charged.

For most people, the reason they don't win financially is because the pain of losing money is far greater than the joy of being rich.

Rich dad thought it best to go broke before 30. "You still have time to recover

Whenever you feel 'short' or in 'need' of something, give what you want first and it will come back in buckets. That is true for money, a smile, love, friendship. I know it is often the last thing a person may want to do, but it has always worked for me. I just trust that the principle of reciprocity is true, and I give what I want

How do you afford a good education for your children and provide for your own retirement? It requires using financial intelligence instead of hard work.

the power of networks.

Shopping, asking questions, and analyzing deals is how I got my education.

In today's fast-changing world, it's not so much what you know anymore that counts, because often what you know is old. It is how fast you learn. That skill is priceless.

Winners are not afraid of losing.

The first one is Good to Great by Jim Collins.

When I ask the classes I teach, How many of you can cook a better hamburger than McDonald's? almost all the students raise their hands. I then ask, So if most of you cook a better hamburger, how come McDonald's makes more money than you? The answer is obvious: McDonald's is excellent at business systems. The reason so many talented people are poor is because they focus on building a better hamburger and know little to nothing about business systems.

The lesson is: If you want to see the future, you need to see it through younger eyes.

Good cash-flow managers review their cash position daily, looking at cash sources and needs for the next week, month, and quarter.