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.
Robert KiyosakiRead
In most cases, when people make more money, they get deeper in debt. This is why money alone does not make you rich.
Interpretation
What this quote means
Having more money doesn't necessarily lead to true wealth; financial management is key.
This quote by Robert Kiyosaki highlights the misconception that simply earning more money equates to being wealthy. It emphasizes that without proper financial management and understanding of wealth, individuals may find themselves deeper in debt despite higher incomes, suggesting that true richness comes from financial intelligence and responsibility rather than merely the amount of money earned.
Themes
MoneyDebtWealthFinancial ManagementRiches
In practice
Example use cases
During a financial literacy workshop to emphasize budgeting skills.
More from Robert Kiyosaki
All quotes βIf you realize that you're the problem, then you can change yourself, learn something and grow wiser. Don't blame other people for your problems.
Robert KiyosakiRead
In the real world, the smartest people are people who make mistakes and learn. In school, the smartest people don't make mistakes.
Robert KiyosakiRead
If you want a solid future, you need to create it. You can take charge of your future only when you take control of your income source. You need your own business.
Robert KiyosakiRead
Finding good partners is the key to success in anything: in business, in marriage and, especially, in investing.
Robert KiyosakiRead
It's easier to stand on the sidelines, criticize, and say why you shouldn't do something. The sidelines are crowded. Get in the game.
Robert KiyosakiRead
Similar quotes
If you get a reputation for being honest, you have 95 percent of the competition already beat.
John Kenneth GalbraithRead
Be careful of success; it has a dark side.
Robert RedfordRead
No illusion is more crucial than the illusion that great success and huge money buy you immunity from the common ills of mankind, such as cars that won't start.
Larry McmurtryRead
I will not allow yesterday's success to lull me into today's complacency, for this is the great foundation of failure.
Og MandinoRead
A big market is something that doesn't really concern me too much. It's cool to think about, it's good for off-the-court deals. But I'm more of a basketball player. That's what I want to be known as. And this is the best place for me to play basketball. I'm glad I'm here.
Kevin DurantRead
When I'm doing a movie, I'm not doing anything else. It's all about the movie. I don't have a wife. I don't have a kid. Nothing can get in my way... I've made a choice, so far, to go on this road alone. Because this is my time. This is my time to make movies.
Quentin TarantinoRead