Robert Kiyosaki quotes page 1
Robert Toru Kiyosaki was born on April 8th, 1947, in Hilo, Hawaii, to father Ralph
and mother Marjorie. Robert went on to serve in the Marines as a helicopter gunship pilot, but was honorably
discharged in 1974. Upon his return, Robert sold copy machines for Xerox for four years until he founded his first
business. Kiyosaki saw a number of triumphs and failures in his business ventures. Between the years of 1977 and
1985, we owned two businesses, and each eventually went bankrupt. This drove Robert to eventual homelessness, where
he was forced to live out of his truck. At this point, he felt he had hit rock bottom. Robert eventually crawled
his way back up into money, and was finally recognized for his fiscal savvy with the release of his book Rich
Dad Poor Dad. Within it, he outlined that a difference in thinking can completely change your fiscal
situation. This book has now been critically acclaimed as the top personal finance book of all time. His financial
advice has been hailed as contrary to most classic teachings, but brilliant in it's simplicity and honesty. Since
then, Kiyosaki has been rolling out sound financial advice in additional books. His recent triumph was to co-author
a book with Donald Trump, entitled Why We Want You to Be Rich – Two Men – One Message. Robert has recently
retired from his work as public speaker, and is working instead on cultivating his investments in real estate as
well as his mining ventures.
The poor and middle class work for money. The rich have money work for them.
If you want to go somewhere, it is best to find someone who has already been there.
Your future is created by what you do today, not tomorrow.
A lot of people are afraid to tell the truth, to say no. That's where toughness comes into
play. Toughness is not being a bully. It's having backbone.
When people are lame, they love to blame.
I have a problem with too much money. I can't reinvest it fast enough, and because I
reinvest it, more money comes in. Yes, the rich do get richer.
The most life-destroying word of all is the word tomorrow.
Success is a poor teacher.
The only difference between a rich person and poor person is how they use their time.
Face your fears and doubts, and new worlds will open to you.
In today's rapidly changing world, the people who are not taking risks are the risk takers.
If you want to be rich, simply serve more people.
Intelligence solves problems and produces money. Money without financial intelligence is
money soon gone.
There are fast ideas and slow ideas, just as there are fast trains and slow trains. When it
comes to money, most people are on the slow train looking out the window watching the
fast train pass them by. If you want to become rich quickly, your plan must include fast
One of the most stupid things to do is to pretend you are smart. When you pretend to be
smart, you are at the height of stupidity.
Find the game where you can win, and then commit your life to playing it; and play to win.
The richest people in the world build networks; everyone else is trained to look for work.
Always remember that it's not money that will make you rich, it's business skills.
Inside each of us is a David and a Goliath.
Too many people are too lazy to think. Instead of learning something new, they think the
same thought day in day out.
All I work hard to do is build businesses, develop real estate, invest in stocks and bonds, and
I have oil and gas, gold and silver. That's what I work on.
My poor dad always said, "My house is an asset and it's our largest investment." My rich dad
said, "Your house is not an asset, it's a liability. And if it's your largest investment you're in
One of the reasons the rich get richer, the poor get poorer and the middle class struggles in
debt is because the subject of money is taught at home, not at school.
Education is cheap; experience is expensive.
Ironically, the world is looking to the Federal Reserve and the U.S. Treasury to solve our
money problems, even though those institutions are causing the problems.
Cutting advertising kills a business. Rather, in hard times, businesses should increase their
advertising and try to capture larger market share. As the saying goes, sales solve all
problems - and you can't have sales without advertising.
In the real world, the smartest people are people who make mistakes and learn. In school, the
smartest people don't make mistakes.
In the world of money there are buyers and sellers. In the world of money the rich are sellers
and the poor and middle class are buyers.
One of the greatest sins of our current educational system is that it does not teach you
about money. Rather, it teaches you how to be a good employee and to know your station in
There are four basic investment categories. They are:
2. Income-producing investment real estate.
3. Paper assets - stocks, bonds, savings, annuities, insurance, and mutual funds.
4. Commodities - gold, silver, oil, platinum, etc.
Inflation is often called "the invisible tax," which is hardest on the poor, elderly, savers,
low-income workers, and fixed-income retirees.
If you can't sell "tickets" (derivatives of you), you have to sell your labor. I sell millions of
"tickets" in the form of books, games, and special events, which are derivatives of me. My
ability to sell "tickets" is one reason why I prosper even during this financial crisis.
Robert Kiyosaki, 2009
In my opinion, building a business and taking it public, which means selling shares on a stock
exchange, is the ultimate goal of an entrepreneur.