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
It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.
Interpretation
True wealth is determined not just by income, but by savings and investment over generations.
This quote emphasizes that financial success is not merely about earning a high salary but is more significantly about effective money management, investment, and the ability to preserve wealth for future generations. It encourages individuals to focus on building a sustainable financial legacy rather than simply chasing income.
In practice
This quote can be used in a financial literacy seminar to encourage people to learn about investing.
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.
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.
Success consists of getting up just one more time than you fall.
The difference between average people and achieving people is their perception of and response to failure.
The point is that it doesn't matter if you look like a beast before or after the hit, as long as you look like a beauty at the moment of impact.
Going to the Portland Trail Blazers, who actually took the time to invest in me, was perhaps the best thing that ever happened to me in my career. I got to a small market where I could focus on basketball, basketball, basketball. No distractions.
The value of achievement lies in the achieving.
When I was a boxer, I wanted to be champion of the world, not the richest man in the world.
Subscribe for the occasional hand-picked quote. No noise.