Instead, to be financially free, we need to learn how to make mistakes and manage risk.
Don’t do anything for the money you WILL make, but instead for the SKILLS you will learn.
Sometimes you win, sometimes you learn.
The ability to sell is the number one skill in business. If you cannot sell, don’t bother thinking about becoming a business owner.
You get one life. Live it in a way that it inspires someone.
A mistake is a signal that it is time to learn something new, something you didn’t know before.
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 are the kind of person who is waiting for the ‘right’ thing to happen, you might wait for a long time. It’s like waiting for all the traffic lights to be green for five miles before starting the trip.
Saying that financial literacy means diversification is just another example of the fox teaching the chickens.
It is easier to invest for cash flow during a financial crisis. So don’t waste a good crisis by hiding your head in the sand. The longer the crisis lasts, the richer some people will become.
The only people who think life should be easy are lazy people.
People without financial knowledge, who take advice from financial experts are like lemmings simply following their leader. They race for the cliff and leap into the ocean of financial uncertainty, hoping to swim to the other side.
Be careful when you take on debt. If you take on debt personally, make sure it is small. If you take on large debt, make sure someone else is paying for it.
Start a part-time business and make as many mistakes as you possibly can while you still have your daytime job.
Someone who seeks low-risk investments never really feels investing is safe and someone who is always right eventually winds up wrong.
You have to be smart. The easy days are over.
I have a problem with too much money. I can’t reinvest it fast enough, and because I reinvest it, more money comes in. Yes, the rich do get richer.
Often, the more money you make the more money you spend; that’s why more money doesn’t make you rich – assets make you rich.
When success and incompetence meet, disaster is not far away.
I have found that the more I teach those who want to learn, the more I learn.