Preparing a child for the world of tomorrow is one of the most important roles a parent plays in a child’s life.
Most people want everyone else in the world to change but themselves.
Life is a cruel teacher. It punishes you first, and then gives you the lesson.
When you know you are ignorant in a subject, start educating yourself by finding an expert in the field or a book on the subject.
The real skill is to manage and reward the people who are smarter than you in some technical area. That is why companies have a board of directors.
One dad recommended, “Study hard so you can find a good company to work for.” The other recommended, “Study hard so you can find a good company to buy.
He understood that every person has a weak and needy part of their soul that can be bought, and he knew that every individual also had a part of their soul that was resilient and could never be bought. It was only a question of which one was stronger.
Study hard so you can find a good company to buy.
Have you ever wondered where the idea of retirement at the age of 65 came from? I’ll tell you where: Otto von Bismarck, the president of Prussia, in 1889. Actually, Bismarck’s government: At the time, the life expectancy of the average Prussian was about 45. Today, so many are living well into their 80s and 90s that the same promise might well bankrupt the federal government within the next generation.
The briar patch is our fear and greed. Confronting fear, weaknesses, and neediness by choosing our own thoughts is the way out.
Knowledge is power. And with money comes great power that requires the right knowledge to keep it and make it multiply. Without that knowledge, the world pushes you around.
We learn to walk by falling down. If we never fell down, we would never walk.
A corporation can do many things that an employee cannot, like pay expenses before paying taxes. That is a whole area of expertise that is very exciting. Employees earn and get taxed, and they try to live on what is left. A corporation earns, spends everything it can, and is taxed on anything that is left. It’s one of the biggest legal tax loopholes that the rich use.
People who lack internal fortitude often become victims of those who have self-discipline.
Whenever I feel that people aren’t smiling at me, I simply begin smiling and saying hello. Like magic, the next thing I know I’m surrounded by smiling people. It is true that your world is only a mirror of you. So.
Listening is more important than talking. If that were not true, God would not have given us two ears and only one mouth. Too many people think with their mouth instead of listening in order to absorb new ideas and possibilities. They argue instead of asking questions. I.
Most addictions are attempts to find happiness in people’s souls. This.
When you need advice, make sure you choose your advisor wisely. There.
It’s what is in your head that determines what is in your hands.
So if you want to be rich and maintain your wealth, it’s important to be financially literate, in words as well as numbers. The.