Robert Kiyosaki

I don't invest in ideas because ideas are a dime a dozen. I could steal the idea pretty quickly.

I know the Federal Reserve Bank can continue to print more and more money... but city and state governments cannot.

Face your fears and doubts and new worlds will open to you.

Most employees only want to know how much they get paid and how much time off they get - they probably don't have the mission in their souls.

A true capitalist doesn't have a job, because other people and other people's money work for them.

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.

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.

Your future is created by what you do today, not tomorrow.

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.

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.

If you must invest in paper, learn to be an options trader. Then you will know how to make money whether the markets are going up or down.

I'm a cash flow guy. If it doesn't make me money today, forget about it.

The strength of character and emotional intelligence to face your failures and learn from them are at the core of success.

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.

Our global economy is much more fragile than many of us realize.

When you combine boring with fear, you have fun.

In business, success often depends upon the relative age of your ideas.

Every time the Fed implements 'quantitative easing,' a.k.a. printing more money, two things go up: taxes and inflation. When taxes and inflation go up, more jobs are lost.

Always start at the end before you begin. Professional investors always have an exit strategy before they invest. Knowing your exit strategy is an important investment fundamental.

I did have two dads; one was a socialist, and one was a capitalist. I really decided I would rather be a capitalist.

The idea of going to school and getting a job is the most destructive one in your brain.

Toughness is not being a bully its having a backbone.

Learn to invest in investments where you can achieve an honest, legal advantage over other investors. When it comes to investing, why play on a level field?

I have had a 'real' job for only four years of my life, which means I only collected a traditional paycheck for that very short period of time.

If you look at anyone who has achieved great success and wealth, people like Warren Buffett, Oprah Winfrey, or Lance Armstrong, they have all focused intensely in order to win.

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.

The state of the economy is not the issue when it comes to growing a business. The relevant questions are always: 'What business are you in? Furthermore, is it adapting to the times?'

Many people will have nothing at the end of their working lives.

We misjudge risk if we feel we have some control over it, even if it's an illusory sense of control.

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.

I wasn't born a natural entrepreneur. I had to be trained.

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.

If you want to thrive in today's economy, you must challenge the status quo and get the financial education necessary to succeed.

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.

That's correct, I flunked out of high school twice because I couldn't write.

When I started my last business, I didn't receive a paycheck for 13 months. The average person can't handle that pressure.

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.

Giving a poor person money keeps them poor.

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.

You can always quit, so why quit now.

The richest people in the world look for and build networks; everyone else looks for work.

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.

It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.

If I lost my job, I'd get a job at McDonald's.

Commodities such as gold and silver have a world market that transcends national borders, politics, religions, and race. A person may not like someone else's religion, but he'll accept his gold.

Financial freedom is freedom from fear.

Most of us are aware of the sacrificial slaughter of Bear Sterns. Some people call it a bailout, but I call it a handout - a government handout to some of the richest people on Earth, paid for by American taxpayers.

As long as you blame someone or something else - something outside you that's bigger than you are - as the source of your problems, the problems won't get solved.

If you've lost your spirit, even living in the richest country in the world can't help you become rich.

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.

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.

Unlike many of its European neighbors, Britain shares many of America's financial traits.

Start a part-time business and make as many mistakes as you possibly can while you still have your daytime job.

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.

At the height of the Enron mania, the company's market value was $65 billion. Once the dust cleared, the final value was $0.

Intelligent people should learn from their experiences. With people on the street, the bad experience has beaten them.

Life is better when people are working, happy, and spending money.

In my experience, many people confuse being cowardly with being nice.

You can only choose between rich and poor. The middle class is gone.

When I watch professional football, I love listening to John Madden because I know he knows what he's talking about. He's been both down in the trenches and in front of the bench as a coach. He knows the game.

I would say raising capital is one of the weakest things for most entrepreneurs.

Every time I hear a politician mention the word 'stimulus,' my mind flashes back to high school biology class, when I touched battery wires to a dead frog to make it twitch.

When President Obama speaks about raising taxes on the rich, he speaks about high-income employees and small business owners, not entrepreneurs who build big businesses.

I'd rather be a victor than a victim.

In the real world, the smartest people are people who make mistakes and learn. In school, the smartest people don't make mistakes.

Real estate investing, even on a very small scale, remains a tried and true means of building an individual's cash flow and wealth.

Everyone can tell you the risk. An entrepreneur can see the reward.

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.

When times are bad is when the real entrepreneurs emerge.

People who lie to themselves about investing are the same as overweight people who blame their genes for their obesity.

Whole new businesses will emerge around breakthrough products as revolutionary technologies accelerate capitalism's creative destruction of slower industries.

The Nasdaq bubble and crash were followed by the real estate bubble then subprime crash, which led to the unprecedented printing of trillions of dollars in an attempt to prevent a global depression.

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.

Don't let the fear of losing be greater than the excitement of winning.

The problem with real estate is that it's local. You have to understand the local market.

Success is not a stop sign.

It was easy being healthy when I was young. I was full of energy, so sports and physical challenges were fun. But as I got older and the spring left my step, exercise became harder, and eating, drinking and watching TV became easier. By the time I was 50, I'd put on 50 pounds.

Trouble brews when we steal from the poor and give to the rich.

As capitalism falters, the rich move their money out of the country, violence increases, and politicians promising prosperity are elected.

The only difference between a rich person and a poor person is how they use their time.

A lot of people are afraid to tell the truth, to say no. That’s where toughness comes into play. Toughness is not being a bully. It’s having backbone.

If you're going to be a winner in life, you have to constantly go beyond your best.

Inside of every problem lies an opportunity.

To obtain financial freedom one must be either a business owner an investor or both generating passive income particularly on a monthly basis.

Even though the risks of death are higher driving than flying, many people would rather drive simply because they feel they have more control driving. The facts are that only a few hundred people die a year flying, and 44,000 are killed a year driving.

Often, in the real world, it's not the smart that get ahead but the bold.

My dad seemed comfortable with his decision to be a 'have-not,' but I knew that I wasn't.

Strength and compassion are not mutually exclusive.

Our brains are either our greatest assets or our greatest liabilities.

There is gold everywhere most people are not trained to see it.

The Spanish Empire eventually collapsed because of its expensive taste for warfare and conquest.

Inside each of us is a David and a Goliath.

Skills make you rich, not theories.

An active investor is someone who actually lives off their investments as opposed to wages from a job.

Unfortunately, in a recession, the people who suffer the most aren't the rich, but the wanna-be rich and the poor.

Face your fears and doubts, and new worlds will open to you.

If medical doctors can be sued for malpractice, shouldn't financial professionals practice under the same safeguard?

A game is like a mirror that allows you to look at yourself.

In 'Unfair Advantage: The Power of Financial Education' and 'Why A Students Work for C Students,' I reveal the secrets of the wealthy and what schools will never teach you about money.

You do not have to be a rocket scientist to know that it is hard for a market to keep going up when more and more people are getting out.