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 problem with real estate is that it’s local. You have to understand the local market.
My Rich Dad said, ‘All of us have the power of choice. I choose to be rich, and I make that choice every day.’
Investing isn’t risky; not being in control is risky.
In order to be successful, I had to be willing to grow and change to become whoever I needed to be.
Giving honest and well-intended feedback is often confused with being mean. It’s not mean; it’s nice.
If you are afraid of making mistakes, you won’t learn anything and you won’t make much money.
If you had seen me back in high school, there’s no way you would have ever said I would become an author or teacher because I was a horrible student.
I’m not a Republican or a Democrat, but George Bush has just put us so greatly into debt; now Obama’s going to make it even worse. So, it’s basically highway robbery, and I think it’s a tragedy.
Capitalism is about producing a better product at a better price. As individuals, we have to keep producing better products at a better price, also, or we’re obsolete.
I can lose three million dollars because it’s just paper. Thus, my lifestyle is not dependent up the stock market.
I could be a school teacher and be rich. It has nothing to do with your money; it has to do with your knowledge. If I was a school teacher, I would be ten times richer because I have more time off! They get the summer off, holidays off, weekends off.
You have a choice in life. Would you rather be lonely or miserable? I would rather be lonely. A lot of people are miserable in a marriage and they don’t get along with their wife or husband and it’s not worth it.
People, who live below their means, save for a rainy day – the price is a cheap life. There are a lot of people who have a lot of money; but at the end of the process, they are still cheap; so they have made money their God.
I’m actually a lot happier because I work as a teacher; more than just a capitalist making money for myself.
Ephemeralization means the ability to do everything with nothing, or leverage, or doing more with less. So, as a businessman, I’m constantly ephemeralizing, figuring out how I can do more and more for less and less.
Look at the world of books nowadays. People just download books. They don’t go to a bookstore. Amazon is wiping out Borders and Barnes and Noble. Those are brilliant examples of ephemeralization doing more with less at a better price.
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.
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 know how to make money. That’s what I know. Not too many people know that, that well.