Rich Dad, Poor Dad by Robert T. Kiyosaki – Notes, Quotes and Highlights (Part 3)

The poor and the middle-class work for money, the rich have money work for them.

Most people become a slave to money – and then get angry at their boss.

To live a life dictated by the size of a paycheck is not really living a life.

A job is only a short-term solution to a long-term problem.

The sooner you forget about needing a paycheck, the easier your adult life will be.

Use your imagination to identify an opportunity to make money.

The investment is not risky for the financial literate.

Most people work for everyone but themselves.

Their profession may be a banker, but they still need their own business.

They spend their lives minding someone else’s business and making that person rich.

They have to cling to their jobs ad play if safe.

Keep your daytime job, but start buying real assets.

Risk is diminished if you love what the investment is, understand it, and know the game.

Once a dollar goes into your asset column, it becomes your employee.

An employee with a safe, secure job, without financial aptitude, has no escape.

If you know you’re right, you’re not afraid of fighting back.

My money was working hard to make more money.

I want to be with people moving boldly forward.

I start small and plant seeds. Some grow; some don’t.

It is not gambling if you know what you’re doing.

People who avoid failure also avoid success.

Know a little about a lot.

Seek work for what they will learn, more than what they will earn.

The most important specialized skills are sales and marketing.

The better you are at communicating, negotiating, and handling your fear of rejection, the easier life is.

Winning usually follows losing.

Failure inspires winners. Failure defeats losers.

Put a lot of your eggs in a few baskets and FOCUS.

Those doubts and cynicism that keep most people poor and playing it safe,

I-don’t-wants hold the key to your success.

Do what you feel in your heart to be right – for you’ll be criticized anyway.

A reason or a purpose is a combination of “wants” and “don’t wants”

The next trick was to have the discipline to actually put into action what I had learned.

It is how fast you learn. That skill is priceless.

Focus on developing management skills: Cashflow, People, Personal Time

The rich know that savings are only used to create more money, not to pay bills.

Life was meant to be enjoyed.

So my money goes in, and then it comes out, and I own an asset that was technically free.

I want money, so I give money, and it comes back in multiples.

Your world is only a mirror of you.

Giving for the joy that giving itself brings.

You only need to be generous with what you have.

Make offers. Someone might say yes.

Profits are made in the buying, not in the selling.

If you want to get richer, think big,

Small people remain small because they think small, act alone, or don’t act at all.

Bill Gates was one of the riches men in the world before he was thirty.

The important words are “have done” and “do”

It requires using financial intelligence instead of hard work.

Start early. Buy a book. Go to a seminar. Practice. Start small.

If you know what you’re doing, investing is not risky.

You could never learn to ride a bicycle by only reading a book.

What’s your favorite line so far? 

Click here to get a copy of the book.


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Forever Winter

Just reading and writing my way out of this messy adult life! I have transitioned from having piles of notebooks stacked underneath my bed from writing on the internet and allowing people worldwide to read.

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