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
Don't invest in what you don't know. Learn first then invest.
Interpretation
What this quote means
Investing requires knowledge; understand what you're investing in before committing funds.
This quote by Robert Kiyosaki emphasizes the importance of acquiring knowledge and understanding before making financial investments. It suggests that without a proper understanding of an investment's fundamentals, one risks losing their money and failing to achieve financial growth.
Themes
InvestmentKnowledgeLearningFinanceBusiness
In practice
Example use cases
A financial advisor may use this quote to educate clients about the importance of research before investing.
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.
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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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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.
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Finding good partners is the key to success in anything: in business, in marriage and, especially, in investing.
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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.
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