Quotes About Learning

It is what you know that is your greatest wealth. It is what you do not know that is your greatest risk.

To me, one of the primary reasons E's and S's have difficulty moving to the B and I side is because they are too afraid of making mistakes.

Chapter Six - LESSON 6: WORK TO LEARN— DON'T WORK FOR MONEY Job security meant everything to my educated dad. Learning meant everything to my rich dad.

Buffett himself says, Diversification is protection against ignorance. (It) makes very little sense for those who know what they're doing.

You become what you study." In other words, be careful what you learn, because your mind is so powerful that you become what you put in your head.

The next trick was to have the discipline to actually put into action what I had learned.

Although it was sometimes confusing or even contradictory, having to listen to two different realities was beneficial to me in the long term.

No, not really," said rich dad. "If you want to learn to work for money, then stay in school. That is a great place to learn to do that. But if you want to learn how to have money work for you, then I will teach you that. But only if you want to learn.

Another side note: 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.

Rich dad encouraged Mike and me to know a little about a lot. He encouraged us to work with people smarter than we were and to bring smart people together to work as a team. Today it would be called a synergy of professional specialities.

Find mentors who have already successfully made the crossing before.

You want to know a little about a lot" was rich dad's suggestion.

My first day as an entrepreneur was not off to a very good start.

And I read about Donald Trump, trying to find out how he negotiates and puts deals together.

For the World War II generation, it was considered bad to skip from company to company. Today, it is considered smart. It enables you to learn more and will pay dividends in the long runs. The main management skills needed for success are: 1) Management of cash flow, 2) Management of systems, and 3) Management of people. And the most important specialized skills are sales and marketing. Communication skills such as writing, speaking, and negotiating are crucial to a life of success.

The more we knew about the power of money, the more distant we grew from the teachers and our classmates.

success reveals your failures. In other words, your strengths will reveal your weaknesses.

THE CONE OF LEARNING Edgar Dale gets credit for helping us to understand that we learn best through action—doing the real thing or a simulation. Sometimes it's called experiential learning. Dale and his Cone of Learning tell us that reading and lecture are the least effective ways to learn. And yet we all know how most schools teach: reading and lecture.

Without this financial knowledge, which I call financial intelligence or financial IQ, my road to financial independence would have been much more difficult.

Invertir no significa comprar, tiene que ver en realidad con tener conocimiento.

One lesson from rich dad that has become crystal clear over the past 20 years is the importance of choosing teachers who have actually DONE what you want to do.

Education and wisdom about money are important. Start early. Buy a book. Go to a seminar. Practice. Start small. I turned $5,000 cash into a one-million-dollar asset producing $5,000 a month cash flow in less than six years. But I started learning as a kid. I encourage you to learn, because it's not that hard. In fact, it's pretty easy once you get the hang of it.

the reason so many people fail to achieve success is because they fail to fail enough times.

This costs them investment experience.