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Rule One. 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 No. 1. 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.

-Robert Kiyosaki

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Rule One. You Must

Robert Kiyosaki

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Rule One. 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 No. 1. 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.

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Inside Each Of You Is A Rich Person, A Poor Person & A Middle Class Person. It Is Up To You To Decide Which Person You Become.

Throughout History, Every Government That's Printed Money, The Money Has Eventually Gone To Its Ultimate Value Which Is Zero. Remember? The Confederate Dollar Went To Zero. The Continental Went To Zero. That's What Happens When You Have A Bank That's Allowed To Print As Much Money As It Wants To.

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My Father Was A University Professor And His Thing Was Tenure. Any Time I Hear A University Professor Say Tenure, I Hear The Word Dinosaur. You're Not Supposed To Be Getting Tenure. You're Supposed To Be Figuring Out How You Can Teach More Students At A Better Price And More Effectively. That's Your Job.

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Your Future Is Created By What You Do Today, Not Tomorrow.

Skills Make You Rich, Not Theories.

A Goal Is Different From A Wish. You May Wish To Be Rich, But There's No Responsibility For It. With A Goal, It's On You To Achieve It.

There Is No One Road To Success, You Must Find Your Own Route.

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In Order To Sustain The Integrity Of The Organization, A Business Must Dedicate Time And Resources To Education, Leadership Development, And Personnel Development. Don't Focus On The Product. Focus On The Team.

The Problem With Having A Job Is That It Gets In The Way Of Getting Rich.

A Job Is A Short Term Solution To A Long Term Problem

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Business Is Like A Wheel Barrow. Nothing Happens Until You Start Pushing.

I Think It's A Tragedy That Our Schools Don't Teach Kids About Money. I Think It's A Tragedy That It Has To Come To An Emergency Before We Evolve.

The Best Way To Predict The Future Is To Study The Past, Or Prognosticate.

I Am Successful Because I Have Always Been A Tortoise. I Did Not Come From A Rich Family. I Was Not Smart In School. I Did Not Finish School. I Am Not Particularly Talented. Yet, I Am Far Richer Than Most People Simply Because I Did Not Stop.

I Wasn't Born A Natural Entrepreneur. I Had To Be Trained.

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Getting Rich Begins With The Right Mindset, The Right Words And The Right Plan.

Taking One Step, Doing One Thing Every Day That Will Get You Closer To Your Own Financial Dream.

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.

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Successful People Ask Questions. They Seek New Teachers. They're Always Learning.

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In The Information Age, The Richest People Are Entrepreneurs. We May Not Become A King Or Queen, But We Can All Be Entrepreneurs.

I Mean, Hawaii Is Beautiful, But The World Is Full Of Beautiful Places.

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It's Through Our Expenses That We Become Richer Or Poorer, Regardless Of How Much Money We Make.

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If You Learn Life's Lessons, You Will Do Well. If Not, Life Will Just Continue To Push You Around. People Do Two Things. Some Just Let Life Push Them Around. Others Get Angry And Push Back. But They Push Back Against Their Boss, Or Their Job, Or Their Husband Or Wife. They Do Not Know It's Life That's Pushing.

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The Word Accounting Comes From The Word Accountability. If You Are Going To Be Rich, You Need To Be Accountable For Your Money.

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A Winner Is Just Someone Who Doesn't Give Up When They Lose.

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The Losers In Life Think They Have All The Answers. They Can’t Learn Because They’re Too Busy Telling Everyone What They Know.

The Moment You Make Passive Income And Portfolio Income A Part Of Your Life, Your Life Will Change. Those Words Will Become Flesh.

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Financial Planners Are Salespeople. They Are Not Teachers. Get Your Education From Someone Not Getting A Commission.

The Key To Financial Freedom And Great Wealth Is A Person's Ability Or Skill To Convert Earned Income Into Passive Income And/or Portfolio Income.

To Be A Good Detective You Must Also Think Like A Crook, An Immoral, Unethical Or Unlawful Person

To Gain More Abundance A Person Needs More Skills And Needs To Be More Creative And Cooperative.

You Have To Be Smart. The Easy Days Are Over.

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Often, In The Real World, It's Not The Smart That Get Ahead But The Bold.

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Passion Pushes You To Learn More, Create More And To Create Better. Best Of All, It's Contagious.

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.

Intelligence Solves Problems & Produces Money.money Without Financial Intelligence Is Money Soon Gone.

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If You Work For Money, You Give The Power To Your Employer. If Your Money Works For You, You Keep And Control The Power.

When You Hear That Something Can’t Be Done, Ignore That Advice And Push Forward.

As A Young Kid, I Really Wanted To Be Rich.

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The Most Important Job Of An Entrepreneur Is To Design The Business Before There Is A Business.

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.

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Today, Investing Is No Longer Just A Good Idea For Women. It Is A Must-have.

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Finding Good Partners Is The Key To Success In Anything: In Business, In Marriage And, Especially, In Investing.

A Successful Business Is Created Before There Is A Business.

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You Get One Life. Live It In A Way That It Inspires Someone.

A True Luxury Is A Reward For Investing In And Developing A Real Asset.

I Still Consider Myself A Little, Fat Kid From Hawaii.

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.

The Economy Is In Tatters; Your Job Is In Trouble - If You Still Have A Job. And You Know What? I've Been Saying It For Years.

...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.

Most Businesses Think That Product Is The Most Important Thing, But Without Great Leadership, Mission And A Team That Deliver Results At A High Level, Even The Best Product Won't Make A Company Successful.

My Task Is How I Can Learn To Make Money From That By Giving First. I'm Always Constantly Looking At How I Can Do More And More For Less And Less.

Did You Know That Lack Of Information Is The Number One Barrier To Wealth?

The Power Of "can't": The Word "can't" Makes Strong People Weak, Blinds People Who Can See, Saddens Happy People, Turns Brave People Into Cowards, Robs A Genius Of Their Brilliance, Causes Rich People To Think Poorly, And Limits The Achievements Of That Great Person Living Inside Us All.

Change Your Focus From Making Money To Serving More People. Serving People Makes The Money Come In.

What You Think Is Real Is Your Reality.

If You Are Not Doing What You Love, Then Start Doing It, Even If It Is Only Part-time.

Doing What You Love

Too Many People Are Too Lazy To Think. Instead Of Learning Something New, They Think The Same Thought Day In Day Out.

Learning Something New

Retarget Your Money. When Your Money Comes In, You Need To Have Already Targeted Where You Are Going To Invest Or Doodad Temptation Will Set In.

Everyone Can Tell You The Risk. An Entrepreneur Can See The Reward.

A Prediction Is A Prediction Because It's Predictable.

Average Investors Are On The Outside Trying To Look Into The Inside Of The Company Or Property They Are Investing In.

Life Isn’t Fair. It Never Will Be. Quit Trying To Make It Fair. You Don’t Need It To Be Fair. Go Make Life Unfair To Your Advantages.

It's Not What You Know Anymore That Counts, It's How Fast You Learn

Dreamers Dream Dreams And Rich People Create Plans And Build Bridges To Their Dreams.

I Thrive On The Adrenaline Of Excitement And Danger. I Just Cannot Stand Boredom On The Other Side Of It. Why Am I A Person Who Loves Guns? I Have No Idea. Why Do I Like To Go Hunting? I Don't Know. It Doesn't Make Sense To Me. Why Does Somebody Love Golf, Because That Doesn't Make Sense To Me Either.

My Poor Dad Often Said, 'i'd Rather Be Happy Than Rich.' My Rich Dad Said, 'why Not Be Both?'

We Live In A Global Community And We Can't Really Remain Isolated. I Believe That When We Hold A Very Narrow View About Our Attitudes Of Politics Or Culture Or Religion, Then We Cut Out The Opportunity To Really Engage With Other Points Of View.

I'd Rather Be A Victor Than A Victim.

Sometimes, What Is Right For You At The Beginning Of Your Life Is Not The Right Thing For You At The End Of Your Life.

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