Top 100+ Motivating Quotes From Rich Dad, Poor Dad By Robert T. Kiyosaki

Top 100+ Motivating Quotes From Rich Dad, Poor Dad By Robert T. Kiyosaki Quotes curated by Factober

Written by Vishal for Factober

FACTOBER KNOWLEDGE & INSPIRATION

October 9, 2020

Rich Dad Poor Dad Quotes

In Rich Dad Poor Dad, the #1 Personal Finance book of all time, Robert Kiyosaki shares the story of his two dad: his real father, whom he calls his ‘poor dad,’ and the father of his best friend, the man who became his mentor and his ‘rich dad.’

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  1. 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.
  2. A job is only a short-term solution to a long-term problem.
  3. Accounting is possibly the most confusing, boring subject in the world, but if you want to be rich long-term, it could be the most important subject.
    All of you were given two great gifts: your mind and your time.
  4. An asset is something that puts money in my pocket. A liability is something that takes money out of my pocket.
  5. An intelligent person hires people who are more intelligent than he is.
  6. As I said, I wish I could say it was easy. It wasn’t, but it wasn’t hard either. But without a strong reason or purpose, anything in life is hard.
    Balanced people go nowhere. They stay in one spot.
  7. Being able to know when to make quick decisions is an important skill.
  8. Busy people are often the most lazy.
  9. 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.
  10. Cynics criticize, and winners analyze
  11. 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.
  12. Emotions are what make us human. Make us real. The word ’emotion’ stands for energy in motion. Be truthful about your emotions, and use your mind and emotions in your favor, not against yourself.
  13. Excessive fear and self-doubt that were the greatest detractors of personal genius.
  14. financial intelligence is a synergy of accounting, investing, marketing, and law. Combine those four technical skills and making money with money is easier than most people would believe. When it comes to money, the only skill most people know is to work hard.
  15. Financial struggle is often directly the result of people working all their lives for someone else.
  16. Finding a good deal, the right business, the right people, the right investors, or whatever is just like dating. You must go to the market and talk to a lot of people, make a lot of offers, counteroffers, negotiate, reject, and accept.
  17. For winners, losing inspires them. For losers, losing defeats them.
  18. Going into our fear and confronting our greed, our weaknesses, our neediness is the way out. And the way out is through the mind, by choosing our thoughts.
  19. Great opportunities are not seen with your eyes. They are seen with your mind.
  20. Great opportunities are not seen with your eyes. They are seen with your mind. Most people never get wealthy simply because they are not trained financially to recognize opportunities right in front of them.
  21. Guilt is worse than greed, for guilt robs the body of its soul.
  22. He understood that every person has a weak and needy part of their soul that can be bought, and he knew that every individual also had a part of their soul that was resilient and could never be bought. It was only a question of which one was stronger.
  23. How can I afford it? opened up the brain and forced it to think and search for answers.
  24. How can I afford it?’ opened up the brain. forced it to think and search fro answers. it also opens up possibilities, excitement and dreams and created a stronger mind and dynamic spirit.
  25. I always tried to turn every disaster into an opportunity.
  26. I am concerned that too many people are focused too much on money and not on their greatest wealth, which is their education. If people are prepared to be flexible, keep an open mind and learn, they will grow richer and richer through the changes. If they think money will solve the problems, I am afraid those people will have a rough ride. Intelligence solves problems and produces money. Money without financial intelligence is money soon gone.
  27. I can’t afford it’ shut down your brain. it didn’t have to think anymore. besides, it also brings up sadness. a helplessness that leads to despondency and often depression.
  28. I find so many people struggling, often working harder, simply because they cling to old ideas. They want things to be the way they were; they resist change. I know people who are losing their jobs or their houses, and they blame technology or the economy or their boss. Sadly they fail to realize that they might be the problem. Old ideas are their biggest liability. It is a liability simply because they fail to realize that while that idea or way of doing something was an asset yesterday, yesterday is gone.
  29. I like Texas and Texans. In Texas, everything is bigger. When Texans win, they win big. And when they lose, it’s spectacular. If you really want to learn the attitude of how to handle risk, losing and failure, go to San Antonio and visit the Alamo. The Alamo is a great story of brave people who chose to fight, knowing there was no hope of success against overwhelming odds. They chose to die instead of surrendering. It’s an inspiring story worthy of study; nonetheless, it’s still a tragic military defeat. They got their butts kicked. A failure if you will. They lost. So how do Texans handle failure? They still shout, “Remember the Alamo!”
  30. I recommend to young people to seek work for what they will learn, more than what they will earn. Look down the road at what skills they want to acquire before choosing a specific profession and before getting trapped in the Rat Race.
  31. I talk about freedom from the Rat Race, and they focus on toilets. That is the thought pattern that keeps most people poor. They criticize instead of analyze.
  32. I think I have made my message clear. It’s what is in your head that determines what is in your hands.
  33. I’d rather welcome change than cling to the past.
  34. If fear is too strong, the genius is suppressed
  35. 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.
    If you work for money, you give the power to you employer. If money works for you, you keep the power and control it.
  36. If you’re the kind of person who has no guts, you just give up every time life pushes you. If you’re that kind of person, you’ll live all your life playing it safe, doing the right things, saving yourself for something that never happens. Then, you die a boring old man.
  37. If your financial intelligence is low, money will run all over you. It will be smarter than you. If money is smarter than you, you will work for it all your life. To be the master of money, you need to be smarter than it. Then money will do as it is told. It will obey you. Instead of being a slave to it, you will be the master of it. That is financial intelligence.
  38. In school we learn that mistakes are bad, and we are punished for making them. Yet if you look at the way humans are designed to learn, we learn by making mistakes.
  39. In school we learn that mistakes are bad, and we are punished for making them. Yet, if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk.
    In today’s fast-changing world, it’s not so much what you know anymore that counts, because often what you know is old. It is how fast you learn.
    It is not much different from a person who goes to the gym to exercise on a regular basis versus someone who sits on the couch watching television. Proper physical exercise increases your chances of health, and proper mental exercise increases your chances for wealth. Laziness decreases both health and wealth.
  40. It is said that the fear of public speaking is a fear greater than death for most people. According to psychiatrists, the fear of public speaking is caused by the fear of ostracism, the fear of standing out, the fear of criticism, the fear of ridicule, the fear of being an outcast. THE FEAR OF BEING DIFFERENT PREVENTS MOST PEOPLE FROM SEEKING NEW WAYS TO SOLVE THEIR PROBLEMS.
  41. It’s not how much money you make. It’s how much money you keep.
  42. It’s what is in your head that determines what is in your hands.
  43. Job is an acronym for ‘Just Over Broke.
  44. Just know that it’s fear that keeps most people working at a job. The fear of not paying their bills. The fear of being fired. The fear of not having enough money. the fear of starting over. That’s the price of studying to learn a profession or trade, and then working for money. Most people become a slave to money… and then get angry at their boss.
  45. Know a little about a lot.
  46. Knowledge is power. And with money comes great power that requires the right knowledge to keep it and make it multiply. Without that knowledge, the world pushes you around.
  47. Land was wealth 300 years ago. So the person who owned the land owned the wealth. Then, it was factories and production, and America rose to dominance. The industrialist owned the wealth. Today, it is information. And the person who has the most timely information owns the wealth.
  48. Leadership is what you need to learn next
  49. Learn to use your emotions to think, not think with your emotions.
  50. Life is much like going to the gym. The most painful part is deciding to go. Once you get past that, it’s easy.
  51. Life is sometimes tough when you do not fit the standard profile.
  52. Listening is more important than talking. If that were not true, God would not have given us two ears and only one mouth. Too many people think with their mouth instead of listening in order to absorb new ideas and possibilities. They argue instead of asking questions. I
  53. More money will often not solve the problem. In fact, it may compound the problem. Money often makes obvious our tragic human flaws, putting a spotlight on what we don’t know. That is why, all too often, a person who comes into a sudden windfall of cash—let’s say an inheritance, a pay raise, or lottery winnings—soon returns to the same financial mess, if not worse, than the mess they were in before.
  54. Most addictions are attempts to find happiness in people’s souls. This
  55. Most of the time, life does not talk to you. It just sort of pushes you around.
  56. Most people fail to realize that in life, it’s not how much money you make, it’s how much money you keep.
  57. Most people have a price. And they have a price because of human emotions named fear and greed. First, the fear of being without money motivates us to work hard, and then once we get that paycheck, greed or desire starts us thinking about all the wonderful things money can buy. A pattern is then set: get up, go to work, pay bills, get up, go to work, pay bills… Their lives are then run forever by two emotions, fear and greed. Offer them more money, and they continue the cycle by also increasing their spending. This is what I call the Rat Race.
  58. Most people never win because they’re more afraid of losing.
  59. Most people want everyone else in the world to change but themselves.
  60. One dad recommended, “Study hard so you can find a good company to work for. The other recommended, “Study hard so you can find a good company to buy.
  61. 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 in school. Most of us learn about money from our parents. So what can a poor parent tell their child about money? They simply say “Stay in school and study hard.” The child may graduate with excellent grades but with a poor person’s financial programming and mind-set. It was learned while the child was young.
  62. Or if you’re the kind of person who has no guts, you just give up every time life pushes you. If you’re that kind of person, you’ll live all your life playing it safe, doing the right things, saving yourself for some event that never happens. Then you die a boring old man. You’ll have lots of friends who really like you because you were such a nice hardworking guy. But the truth is that you let life push you into submission. Deep down you were terrified of taking risks. You really wanted to win, but the fear of losing was greater than the excitement of winning. Deep inside, you and only you will know you didn’t go for it. You chose to play it safe.
  63. People who avoid failure also avoid success.
  64. People who lack internal fortitude often become victims of those who have self-discipline.
  65. People’s lives are forever controlled by two emotions: fear and greed.
  66. Proper physical exercise increases your chances for health, and proper mental exercise increases your chances for wealth.
  67. Remember, the easy road often becomes hard, and the hard road often becomes easy.
  68. Rich people acquire assets. The poor and the middle class acquire liabilities that they think are assets.
  69. Rule #1: You must know the difference between an asset and a liability, and buy assets. If you want to be rich, this is all you need to know. It is rule number one. It is the only rule. This may sound absurdly simple, but most people have no idea how profound this rule is. Most people struggle financially because they do not know the difference between an asset and a liability. “Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets, “ said rich dad.
  70. Rule One. You must know the difference between an asset and a liability, and buy assets.
  71. So if you want to be rich and maintain your wealth, it’s important to be financially literate, in words as well as numbers. The
  72. Sometimes you win and sometimes you learn.
  73. Sometimes you win and sometimes you learn. But have fun. Most people never win because they’re more afraid of losing.
  74. Stop blaming me, thinking I’m the problem. If you think I’m the problem, then you have to change me. If you realize that you’re the problem, then you can change yourself, learn something and grow wiser. Most people want everyone else in the world to change themselves. Let me tell you, it’s easier to change yourself than everyone else.
  75. Study hard so you can find a good company to buy.
  76. The ability to sell—to communicate to another human being, be it a customer, employee, boss, spouse, or child—is the base skill of personal success.
    The briar patch is our fear and greed. Confronting fear, weaknesses, and neediness by choosing our own thoughts is the way out.
  77. The key to financial freedom and great wealth is a person’s ability to convert earned income into passive and/or portfolio income.
  78. The lack of money is the root of all evil.
  79. The love of money is the root of all evil.”
  80. The main reason that over 90 percent of the American public struggles financially is because they play not to lose. They don’t play to win.
  81. The poor and the middle class work for money. The rich have money work for them.
  82. The primary difference between a rich person and a poor person is how they manage fear.
  83. The real skill is to manage and reward the people who are smarter than you in some technical area. That is why companies have a board of directors.
    The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth in what seems to be an instant.
  84. The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth seemingly instantaneously. An untrained mind can also create extreme poverty that can crush a family for generations.
  85. There is a difference between being poor and being broke. Broke is temporary. Poor is eternal.
  86. There is a difference between being poor and being broke. Broke is temporary. Poor is eternal. My
  87. There is always risk, so learn to manage risk instead of avoiding it.
  88. There is an old cliché that goes: “Job is an acronym for ‘Just Over Broke.
  89. They get up every day and go work for money, not taking the time to ask the question, ‘Is there another way?
  90. They spend their lives minding someone else’s business and making that person rich.
  91. To know a little about a lot.
  92. To live a life dictated by the size of a paycheck is not really living a life. Thinking that a job makes you secure is lying to yourself. That’s cruel, and that’s the trap I want you to avoid.
  93. Today, wealth is in information. And the person who has the most timely information owns the wealth.
  94. We all have tremendous potential, and we all are blessed with gifts. Yet, the one thing that holds all of us back is some degree of self-doubt. It is not so much the lack of technical information that holds us back, but more the lack of self-confidence.
  95. We learn to walk by falling down. If we never fell down, we would never walk.
  96. We only memorize historical dates and names, not the lesson.
  97. Wealth is a person’s ability to survive so many number of days forward — or, if I stopped working today, how long could I survive?
  98. What we think rather than reacting to our emotions.
  99. When I ask the classes I teach, How many of you can cook a better hamburger than McDonald’s? almost all the students raise their hands. I then ask, So if most of you can cook a better hamburger, how come McDonald’s makes more money than you? The
  100. When you know you are ignorant in a subject, start educating yourself by finding an expert in the field or a book on the subject.
  101. When you need advice, make sure you choose your advisor wisely. There
  102. 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
  103. Whenever you feel ‘short’ or in ‘need’ of something, give what you want first and it will come back in buckets. That is true for money, a smile, love, friendship. I know it is often the last thing a person may want to do, but it has always worked for me. I just trust that the principle of reciprocity is true, and I give what I want.
  104. Whenever you find yourself avoiding something you know you should be doing, then the only thing to ask yourself is, “What’s in it for me? Be a little greedy. It’s the best cure for laziness.
  105. why not seek to learn more than to earn?
  106. Winners are not afraid of losing. But losers are. Failure is part of the process of success. People who avoid failure also avoid success.
  107. 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.
  108. Workers work hard enough to not be fired, and owners pay just enough so that workers won’t quit.
  109. You only need to be generous with what you have.
  110. You will see things that other people never see. Most people never see these opportunities because they’re looking for money and security,
  111. You’re only poor if you give up. The most important thing is that you did something. Most people only talk and dream of getting rich. You’ve done something.

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