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.
Money is one form of power. But what is more powerful is financial education. Money comes and goes, but if you have the education about how money works, you gain power over it and can begin building wealth. The reason positive thinking alone does not work is because most people went to school and never learned how money works, so they spend their lives working for money.
Interpretation
What this quote means
Financial education empowers individuals to manage and grow their wealth effectively.
This quote emphasizes the importance of financial education over money itself. While money can be fleeting, the knowledge of how to manage and invest it provides individuals with the power to build wealth and secure their financial future. Kiyosaki argues that many people fail to achieve financial independence because they lack the necessary education about money management, leading them to work for money rather than making money work for them.
Themes
In practice
Example use cases
During a financial literacy workshop, this quote can be used to motivate attendees to seek more knowledge about managing their finances.
More from Robert Kiyosaki
All quotes →If 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.
In the real world, the smartest people are people who make mistakes and learn. In school, the smartest people don't make mistakes.
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.
Finding good partners is the key to success in anything: in business, in marriage and, especially, in investing.
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.
Similar quotes
I entered the classroom with the conviction that it was crucial for me and every other student to be an active participant, not a passive consumer...education as the practice of freedom.... education that connects the will to know with the will to become. Learning is a place where paradise can be created.
The child's conquests of independence are the basic steps in what is called his 'natural development'.
I think the crucial thing in the writing career is to find what you want to do and how you fit in. What somebody else does is of no concern whatever except as an interesting variation.
Today, the fundamental global objective of all education aspiring not only to progress but to the survival of humanity is to Civilize and Unify the Earth and Transform the human species into genuine humanity The education of the future should teach an ethics of planetary understanding.
In America, the professor talks to the mechanic. They are in the same category.
Do not try to satisfy your vanity by teaching a great many things. Awaken people's curiosity. It is enough to open minds; do not overload them. Put there just a spark. If there is some good inflammable stuff, it will catch fire.