You Can't Teach An Old Dog New Tricks

  • 2 years ago
You Can't Teach An Old Dog New Tricks | Robert Kiyosaki
22 Quotes Of Robert Kiyosaki

Chances are you have a job. Chances are your job sucks. But you’ve learned a few things from this job, mainly, YOU DON’T LIKE BEING AN EMPLOYEE!
The key to financial freedom and great wealth is a person’s ability to convert earned income into passive and/or portfolio income.
Busy people are often the most lazy.
Does teaching mean talking or a lecture? rich dad asked. “Well, yes,” I replied. “That’s how they teach you in school,” he said, smiling. “But that is not how life teaches you, and I would say that life is the best teacher of all. Most of the time, life does not talk to you. It just sort of pushes you around. Each push is life saying, ‘Wake up. There’s something I want you to learn.”

With small companies, my investment strategy is to be out of the stock in a year. My real estate strategy, on the other hand, is to start small and keep trading the properties up for bigger properties and, therefore, delaying paying taxes on the gain. This allows the value to increase dramatically. I generally hold real estate less than seven years.
Finding your path means finding out what you were put here on this earth to do. What is your life's purpose? Why were you given this gift called life? And what is the gift you give back to life?
As Winston Churchill said, "Success is the ability to go from one failure to another with no loss of enthusiasm.
It’s not what we say out loud that determines our lives. It’s what we whisper to ourselves that has the most power.

Most of us can cook a better hamburger than McDonald’s, but few of us can build a better business system than McDonald’s.
Winston Churchill said, "Success is the ability to go from one failure to another with no loss of enthusiasm.
A corporation can do many things that an employee cannot, like pay expenses before paying taxes. That is a whole area of expertise that is very exciting. Employees earn and get taxed, and they try to live on what is left. A corporation earns, spends everything it can, and is taxed on anything that is left. It’s one of the biggest legal tax loopholes that the rich use.

He said it was better to work years at creating an asset rather than to spend your life working hard for money to create someone else’s asset.
Whenever I feel that people aren’t smiling at me, I simply begin smiling and saying hello. Like magic, the next thing I know I’m surrounded by smiling people. It is true that your world is only a mirror of you. So
As Henry Ford said, "Thinking is the hardest work there is. That is why so few people engage in it.
The person becomes attached to the vehicle and then fails to see all the other investment vehicles and procedures available.
It’s what is in your head that determines what is in your hands.
The primary difference between a rich person and a poor person is how they manage fear.
So if you want to be rich and maintain your wealth, it’s important to be financially literate, in

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