Rule One. You must know the difference between an asset and a liability, and buy assets. An asset is something that puts money in my pocket. A liability is something that takes money out of my pocket.
The reason so many financial advisors are called brokers is because they are often broker than you.
When I started my last business, I didn't receive a paycheck for 13 months. The average person can't handle that pressure.
It's more important to grow your income than cut your expenses. It's more important to grow your spirit that cut your dreams.
Criticism is easier to take when you realize that the only people who aren’t criticized are those who don’t take risks.
To be a successful business owner and investor, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game.
If you work for money, you give the power to your employer. If your money works for you, you keep and control the power.
Change your focus from making money to serving more people. Serving people makes the money come in.
The key to life is to be happy with or without money. Money only magnifies who you really are.
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.
It is easy to stay the same but it is not easy to change. Most people choose to stay the same all their lives.
The price for sitting and watching game shows and betting on lottery is that the vast majority of the viewers will never become rich
Money does not make you happy, but the lack of money can cause unhappiness.
Don’t buy luxuries until you’ve built the assets to afford them
People don't like the idea of thinking long term. Many are desperately seeking short term answers because they have money problems to be solved today.
The most successful people in life are the ones who ask questions. They're always learning. They're always growing. They're always pushing.
Remember, your mind is your greatest asset, so be careful what you put into it.
The ability to sell is the number one skill in business. If you cannot sell, don't bother thinking about becoming a business owner.
There is a difference between being poor and being broke. Broke is temporary, and poor is eternal.