Before you invest in something, invest the time to understand it
The biggest trap, the biggest dungeon in life isn’t laziness or bad luck, it’s comfort.
The only people who think life should be easy are lazy people
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.
Don’t bury your failures, let them inspire you.
There’s a bit of hidden magic in every mistake. The magic is called learning.
Change your focus from making money to serving more people. Serving people makes the money come in.
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.
The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way.
The most important word in the world of money is cash flow. The second most important word is leverage.
The primary reason in starting a business part-time is not so much to make a product great. The real reason for starting a part-time business is to make you a great businessperson.
If you’re not working to get your business or investing operation to operate without you, you’re thinking too small. Think team and systems.
The ability to sell is the number one skill in business. If you cannot sell, don’t bother thinking about becoming a business owner.
Start a part-time business and make as many mistakes as you possibly can while you still have your daytime job.
Confidence comes from discipline and training.
We were not taught financial literacy in school. It takes a lot of work and time to change your thinking and to become financially literate.
Never say you cannot afford something. That is a poor man’s attitude. Ask HOW to afford it.
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.
Talk is cheap. Learn to listen with your eyes. Actions do speak louder than words. Watch what a person does more than what he says.
Don’t buy luxuries until you’ve built the assets to afford them
It’s more important to grow your income than cut your expenses. It’s more important to grow your spirit that cut your dreams.
You get one life. Live it in a way that it inspires someone.
If you want to change your life, begin by changing your words. Start speaking the words of your dreams, of who you want to become, not the words of fear or failure.
If you want to be rich, be friends with people who have the same mindset as you, or who at least won’t try to change your mindset to be more like theirs. Life is too short to spend time with people who don’t help you move forward.
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.