Great Throughts Treasury

"The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth seemingly instantaneously. An untrained mind can also create extreme poverty that can crush a family for generations."

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

"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?'"

"The stock market dominates the investment market for a period of twenty years. As the twentieth year approaches, the possibility of a market crash increases. After the crash, the stock market tends to stay down for ten years. During the ten years the stock market is down, commodities such as gold, silver, oil and property dominate the investment world. And every five years, there is some kind of major disaster."

"The thing most people don't pick up when they become an entrepreneur is that it never ends. It's 24/7."

"The thing I always say to people is this: 'If you avoid failure, you also avoid success.'"

"The trained mind is a rich mind."

"The Tax Code of the United States provides many vehicles for people to save on their taxes. Most of these vehicles are available to anyone but it is the rich who usually look for them and use them because they have learned to mind their own business. For example an individual can utilize the tax advantages and protection provided by a corporation to get rich much faster than someone who is an employee or a small-business sole proprietor."

"The subprime disaster was a result of financial bombs - derivatives - exploding in financial institutions such as AIG and Lehman Brothers, as well as banks and financial institutions throughout the world."

"The trick of parenting is to find ways to make a child want to learn rather than forcing the child to learn."

"The unique ability to take decisive action while maintaining focus on the ultimate mission is what defines a true leader."

"The values or points of view between the middle class and the rich are exactly opposite."

"There are great opportunities that you cannot see with your eyes, but your mind sees."

"There are many people who have big plans but their big plans never come true. The reason is, too many people have big plans but fail to keep their small agreements."

"The wealthy buy luxuries last, while the poor and middle-class tend to buy luxuries first. Why? Emotional discipline."

"The trouble with school is they give you the answer, then they give you the exam. That?s not life."

"The Web and new technology offer more opportunities to reach a world market at a lower price. Today, a person can start a business at home and reach the world market."

"The word accounting comes from the word accountability. If you are going to be rich, you need to be accountable for your money."

"The world has changed, but education has not changed with it."

"There are fast ideas and slow ideas, just as there are fast trains and slow trains. When it comes to money, most people are on the slow train looking out the window watching the fast train pass them by. If you want to become rich quickly, your plan must include fast ideas."

"There are always risks, learn how to deal with it, rather than avoiding them."

"The worst advice you can give to your children is to go to school, get good grades and find a safe, secure job."

"There are three very important money skills that everyone should possess: how to earn money, how to manage it and how to invest it. Our product, CASHFLOW for KIDS is a three part program for parents and teachers wanting to teach children these important skills. It includes the board game, an audio tape and book for parents titled, How to Increase Your Child's Financial IQ. The board game teaches children the basics of all three money skills through role-playing. By playing the game, children will learn the vocabulary of money and the basics of financial statements."

"There are many poor people with lots of money."

"There are no bad business and investment opportunities, but there are bad entrepreneurs and investors."

"There is a difference between being an indigent, and between exposure to the financial crisis, and crises are temporary, while the PM expressed poverty."

"There have never been more opportunities to become rich in the last ten years. And there?ll be even more opportunities in the next ten."

"There is a lot of truth to the old saying: Birds of a feather flock together. In my experience, people in different quadrants do not like people in other quadrants. Different quadrants attract different people, generally people with the same values and attitudes."

"There are no mistakes in life, just learning opportunities. Business and investing are team sports."

"There are those who make things happen, there are those who watch things happen and there are those who say what happened?"

"There is a difference between being poor and being broke. Broke is temporary. Poor is eternal."

"There is always risk, so learn to manage risk instead of avoiding it."

"There is no correlation between a real estate agent license and the business of real estate investing. Most agents are not rich."

"There is another way. The first step is telling yourself the truth about how you?re feeling."

"There is an old clich‚ that goes: Job is an acronym for ?Just Over Broke."

"There is no security anymore. You can?t rely on Social Security or company pensions for retirement. We need new answers."

"There is no such thing as a safe investment. There are only smart investors."

"There is no job security anymore ? you need financial security."

"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."

"There will always be that someone who will do the things that you don't want to do. Bad thing is that they are not going to do it for your favor, but for their own."

"There's four things that make the most, 90% of the people, poor: Number 1 is taxes. Two is debt - college loans, house loans, car payments, credit cards. Three is inflation... And the fourth thing that makes people poor is their retirement plan."

"They get up every day and go work for money, not taking the time to ask the question, ?Is there another way?"

"They work for their employers, for the government by paying taxes, and for the bank by paying off a mortgage and credit cards."

"Think about educating people to be owners of businesses, not employees of business."

"Think big! Leverage your ideas! How can I reach more people with less effort?"

"Think like a dairy farmer (cashflow), not like a cattle rancher (capital gains)."

"Thinking is hard work. When you are forced to think, you expand your mental capacity. When you expand your mental capacity, your wealth increases."

"They?re always growing. They?re always pushing."

"Thinking is the hardest wish you?ll ever do."