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
The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money...but never learn to have money work for them.
Interpretation
What this quote means
Many people lack financial knowledge despite years of formal education.
This quote emphasizes a common issue where individuals spend a significant amount of time obtaining academic qualifications but fail to acquire essential financial literacy. As a result, they become skilled at earning money through employment but do not understand how to manage or invest that money effectively, leading to ongoing financial struggles.
Themes
Financial LiteracyMoney ManagementEducationWealthInvesting
In practice
Example use cases
During a financial literacy workshop, this quote can be used to illustrate the importance of understanding money.
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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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