Robert Kiyosaki is a prolific American author and businessman. He is the founder of ‘Rich Dad Company,’ and ‘Rich Global LCC.’ In order to educate adults and children business and financial concepts, Kiyosaki has created software games and Cashflow board. He is renowned as the author of ‘Rich Dad Poor Dad’ series of books that have sold over twenty-seven million copies, and have been translated into fifty-one languages. He has published over twenty-five books. We bring to you a collection of thought-provoking and empowering quotes and sayings by Robert Kiyosaki which have been excerpted from the vast sea of his works, writings, books, public utterances, interviews, seminars, and life.
We misjudge risk if we feel we have some control over it, even if it's an illusory sense of control.
Robert Kiyosaki
Bad debt is debt that makes you poorer. I count the mortgage on my home as bad debt, because I'm the one paying on it. Other forms of bad debt are car payments, credit card balances, or other consumer loans.
It costs governments money to keep fuel prices low. Oil-rich Yemen, for instance, devotes 9 percent of its GDP to making sure its people don't riot when oil prices rise.
'Socialize' means we turn more of our personal powers over to Big Brother, not free enterprise.
Robert Kiyosaki
If you or I fail at business, we fail. If we cheat and fail, we go to jail. But if you're rich and politically connected, your incompetence may be protected by a government bailout.
While the Chinese people, as a rule, are good people, my business dealings with Communist Chinese officials have left me disturbed and concerned about the rise of the Chinese Empire.
People clinging to job security, savings, retirement plans, and other relics will be the ones financially-ravaged from 2010-2020, the most volatile world-changing decade in history.
Most people have the opportunity of a lifetime flash right in front of them, and they fail to see it. A year later, they find out about it, after everyone else got rich.
Robert Kiyosaki
Millions of Americans and people around the world, especially young people who face intense financial challenges today, haven't been taught how to take control of their financial future.
Remember that all financial markets are filled with good but not necessarily innocent people looking after their own self-interests before they look after yours.
Robert Kiyosaki
A short squeeze could happen with the U.S. dollar if lenders suddenly forced debtors to pay in cash.
Robert Kiyosaki
A financial crisis is a great time for professional investors and a horrible time for average ones.
The environmentalists say capitalism is killing our oceans, air, land, and forests. Capitalists argue that they provide food, fuel, and building materials for a growing world.
Robert Kiyosaki
Most shareholders have little if any control over the companies in which they own stock, even if they own a million shares.
Robert Kiyosaki
My measure of success is whether I'm fulfilling my mission.
Robert Kiyosaki
If I lost my job, I'd get a job at McDonald's.
Robert Kiyosaki
Academic qualifications are important and so is financial education. They're both important and schools are forgetting one of them.
Robert Kiyosaki
Generous people can become more generous as they become richer, giving away vast fortunes to worthwhile causes as Bill Gates and Warren Buffett are doing.
Robert Kiyosaki
Deflation isn't good, and inflation is easier to cure than deflation.
Robert Kiyosaki
In my experience, many people confuse being cowardly with being nice.
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.
I explain the law of compensation like this: 'Returns are minimal in spite of massive effort at the start, yet returns can be massive with minimal effort over time.
For people who live in the suburbs and must commute long distances to work, their wealth will sink as energy prices rise.
Robert Kiyosaki
The rich are those who play to win. The middle class plays not to lose.
Robert Kiyosaki
All empires come to an end, and the American one is no exception.
Robert Kiyosaki
Inside of every problem lies an opportunity.
Robert Kiyosaki
In the simplest terms, inflation occurs when there's too much money in the system. On the flip side, deflation occurs when there are too few dollars in circulation.
Critics only make you stronger. You have to look at what they are saying as feedback. Sometimes the feedback helps, and other times, it's just noise that can be a distraction.
When President George W. Bush attempted to reform Social Security, that proposal was more unpopular with Americans than the Iraq war. People love their entitlements.
Over a 10-year period, 99 out of 100 new entrepreneurs will fail. Only one will be left standing as others get pushed out of the market or burn out from working so hard. It's really sad.
We've all heard stories of lottery winners, rock stars, heirs and heiresses, and professional athletes becoming millionaire morons who wake up rich but are broke by nightfall.
Robert Kiyosaki
There may be less of a chance of losing all the money you put into a mutual fund than there is of losing all the money you put into lottery tickets, but you're never going to win big in a mutual fund.
If you're working for a good company and you're happy there, and you're being compensated accordingly, and your work satisfies you, you should stay there.
Financial freedom is available to those who learn about it and work for it.
Robert Kiyosaki
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.
If you don't like the idea that most of the money spent on lottery tickets supports government programs, you should know that most of the earnings from mutual funds support investment advisors' and mutual fund managers' retirement.
Jobs are a centuries-old concept created during the Industrial Revolution. Despite the reality that we're now deep in the Information Age, many people are studying for, or working at, or clinging to the Industrial Age idea of a safe, secure job.
Robert Kiyosaki
I am very concerned about the millions of baby boomers who are counting on the stock market to deliver them a safe, sound, long retirement. I am afraid the baby boomers who are counting on the stock market are in trouble.
Robert Kiyosaki
This rise of the new global mega-rich is happening as established institutions are falling. The fall runs the gamut from the music business and traditional media to the Detroit automakers who find themselves obsolete, outmaneuvered, and out-priced by entrepreneurs in Silicon Valley, Mumbai, Shanghai, and even Siberia.
Demographics show that we are entering a battle between young and old. I call it the 'Age War.' The young want to hang onto their money to grow their families, businesses, and wealth. The old want the tax and investment dollars of the young to sustain their old age.
Many gold and silver experts will recommend you buy numismatic coins - rare and old coins. If you are not a rare coin expert, I'd encourage you to stay away from them. New investors often pay too much for rare coins that are not really rare.
As a bull market turns into a bear market, the new pros turn into optimists, hoping and praying the bear market will become a bull and save them. But as the market remains bearish, the optimists become pessimists, quit the profession, and return to their day jobs. This is when the real professional investors re-enter the market.
Many novice real estate investors soon quit the profession and invest in a well-diversified portfolio of bonds. That's because, when you invest in real estate, you often see a side of humanity that stocks, bonds, mutual funds, and saving money shelter you from.
I've had all six of my books reach the New York Times bestseller list, which is especially rewarding seeing as I flunked out of high school twice because I couldn't write. It just goes to show you that we learn from our mistakes.
Robert Kiyosaki
For something to collapse, not all systems have to shut down. In most cases, just one system is enough. For example, the human body is a system of systems. If just one system, such as the cardiovascular system, shuts down, death follows.
I began playing Monopoly for real when I was 26 years old. Today, my wife and I have approximately 1,400 little green houses - each paying us monthly. You do not have to be a rocket scientist or have a Harvard degree to play Monopoly for real.
Prophets of doom have always taken risks in terms of ridicule and humiliation. If you stand on a street corner holding up a sign that reads 'The End Is Near,' passersby will laugh and heckle. People will say you're like Chicken Little, running around telling people the sky is falling.
Robert Kiyosaki
During the Enron debacle, it was workers who took the pounding, not bankers. Not only did Enron employees lose their jobs, many lost their retirement savings. That's because they were at the bottom of the investing food chain.
Robert Kiyosaki
When I was a kid, there were no credit cards. Instead, retailers offered layaway plans. My mom would go to a store, such as a furniture outlet, choose the sofa she wanted, and put it on layaway. That meant she put a little money down to hold the sofa, and every payday she'd pay a little toward the purchase.
The minute a Wall Street firm purchases your debt, your bank no longer has it on its financial statement, which then allows the bank to look for more credit card customers. That's one reason why you get so many credit card offers.
I resigned from the Marine Corps and flying in 1974, even though I loved them both. I quit because I no longer wanted to fight for peace. Instead, I believe we can build a more sustainable peace by working for prosperity.
