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Kiyosaki advises everyone to 'mind your own business. ' This doesn't necessarily mean quitting your job immediately, but it means building your asset column on the side. He teaches that your profession is what you do for someone else; your business is what you do for yourself. He encourages entrepreneurship not just for profit, but for the tax advantages and the control it provides over your financial destiny.
"I told him that his profit is made when you buy, not when you sell."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"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 answer is obvious: McDonald’s is excellent at business systems. The reason so many talented people are poor is because they focus on building a better hamburger and know little to nothing about business systems."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"“I am a terrible writer. You are a great writer. I went to sales school. You have a master’s degree. Put them together and you get a best-selling author’ and a ‘best-writing author.’ ”"
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"Moral of the story: Make offers."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"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."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"[...]financial intelligence is a synergy of accounting, investing, marketing and law."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
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