Posted inWealth

Quotes about assets principles

Rich people acquire assets. The poor and middle class acquire liabilities they think are assets - Robert T Kiyosaki
At its heart, this quote is about mindset. It's the fundamental difference between buying things that take money out of your pocket versus buying things that put money into it.
Posted inBusiness

Wise advice on hiring

Don’t try to change people—hire people who don’t need to be changed - Brian Tracy
At its heart, this quote means you should invest your effort in finding the right person from the start, rather than wasting time and resources trying to fundamentally alter someone who isn't a good fit.
Posted inBusiness

Quotes about hiring principles

Your ability to choose the right people is the most important skill in management - Brian Tracy
It means your success as a leader isn't about your personal output, it's about your multiplier effect, the team you build.
Posted inWealth

Wise advice on assets

You must know the difference between an asset and a liability, and buy assets - Robert T Kiyosaki
The core message is brutally simple: an asset puts money *in* your pocket. A liability takes money *out* of your pocket. Your financial success depends on your ability to tell them apart and act accordingly.
Posted inWealth

Quotes about assets principles

An important distinction is that rich people acquire assets. The poor and middle class acquire liabilities that they think are assets - Robert T Kiyosaki
The core message is that wealth isn't defined by what you earn, but by the financial nature of what you own. The rich focus on things that put money *in* their pocket, while others accumulate things that take money *out*, often without realizing it.
Posted inWealth

Wise advice on selection

If you are shopping for common stocks, choose them the way you would buy groceries, not the way you would buy perfume - Benjamin Graham
At its core, this quote is a battle cry for value investing. It means you should buy stocks based on their fundamental value and price, not on their popularity or story.