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.
Innovation is key. Only those who have the agility to change with the market and innovate quickly will survive.
I have found that the more I teach those who want to learn, the more I learn.
The right decisions come from the right focus. You’ll succeed if your focus is on the mission, not the money.
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.
Making mistakes isn’t enough to become great. You must also admit the mistake, and then learn how to turn that mistake into an advantage.
Too many people are too lazy to think. Instead of learning something new, they think the same thought day in day out.
Skills make you rich, not theories.
The problem with a job is that relying on others to give you a living is the biggest risk of all.
Business and investing are team sports.
One of the great things about being willing to try new things and make mistakes is that making mistakes keeps you humble. People who are humble learn more than people who are arrogant.
You can become rich by being cheap but the problem is that even though you are rich, you are still cheap.
Entrepreneurs don’t finish when we are tired. We finish when we are done.