Great Throughts Treasury

This site is dedicated to the memory of Dr. Alan William Smolowe who gave birth to the creation of this database.

Robert Kiyosaki, fully Robert Toru Kiyosaki

American Businessman, Investor, Financial Literacy Activist, Motivational Speaker and Best-Selling Author of "Rich Dad, Poor Dad" books

"We learn by making mistakes, yet in our school system we punish people for making too many of them."

"We learn the most about ourselves when we fail, so don't be afraid of failing. Failing is part of the process of success. You can't have success without failure."

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

"We only memorize historical dates and names, not the lesson."

"We must differentiate whenever you learned what is going early, improved chance of achieving higher profit and run less risk, and this benefit and that is financial intelligence ."

"What do you think about me is not my business the important thing is what I think about myself"

"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."

"Were it not for his dreams, my Rich Dad would never have become a rich man."

"What is missing from people?s education is how to spend money ? what to do after you make it, how to keep it, how long you keep it, and how hard that money works for you."

"What intelligence really is: 1) The ability to improve survivability 2) The ability to solve problems 3) The ability to learn something you do not want to do but need to do."

"Weaker currency means inflation at home."

"Wealth is a person?s ability to survive so many number of days forward ? or, if I stopped working today, how long could I survive?"

"What it takes to be rich: be willing to make mistakes, learn from them, pick yourself up, be perseverant."

"What I invest in, while not risky for me, may be too risky for most people."

"What you are looking for in network marketing business are people who want to win. Who know that the economy has moved on. You?ll find every gender, age, race, and background in network marketing. But what they really want to do is to win."

"What you think is real is your reality."

"When America stopped importing from China, China stopped importing from the rest of the world. This affects Asian countries as well as Australia, Brazil, and other suppliers of raw materials."

"When employees unite, they form a union but when business owners unite, they form a team."

"When do you need a coach? When I know I need to be pushed, held accountable, challenged to go beyond my resistance, my laziness, my limitations, I hire a coach ? if what I want is important to me."

"When going into business don?t just find great partners, BE a great partner."

"When I started my last business, I didn?t receive a paycheck for 13 months. The average person can?t handle that pressure."

"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."

"When I am asked, ?Where did I learn my formula for getting rich?? I reply, ?Playing the game of Monopoly as a kid.?"

"When I was young, many people worked for a company with a pension plan that covered them for as long as they lived. If they didn't have a pension plan, they could count on Social Security and Medicare."

"When I was young, people lived from paycheck to paycheck. Today, it seems like they live from credit card payment to credit card payment."

"When it comes to money, the only skill most people know is to work hard."

"When it comes to wine, many people are faking it? pretending they know something? pretending to be experts. The vineyards make a lot of money catering to that pretense, playing along with the pseudo-sophisticated charade. If we make them feel they are intelligent and sophisticated, they tend to buy more of the expensive wine, even if there is not really much difference from one vintage to the next. The more we cater to their egos, the more wine at higher prices we sell. We know the primary motivation of most amateur wine connoisseurs is not really to become wine experts, but more to impress their friends at their next dinner party."

"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."

"When investing and in life, you don't need to know every answer. You just need to know who to call for the answer."

"When people are lame, they love to blame."

"When people ask why we keep working when we no longer have to, the reason is because our work gives our lives means. Work is our passion. Work helps fulfil our life purpose and it gives our lives meaning because we believe our work is important and vital."

"When my book 'Rich Dad's Prophecy' was released in 2002, most financial newspapers and magazines trashed it because I discussed a looming stock market crash."

"When the rich have money problems, they use their financial integrity? to solve those problems. If the rich don?t know the answer to their money problems, they don?t walk away and throw in the towel. They seek out experts who can help them solve their problems. In the process, they become financially more intelligent and are that much more equipped to solve the next problem when it comes around. The rich don?t quit. They learn. And by learning they grow richer."

"When times are bad is when the real entrepreneurs emerge."

"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."

"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."

"When you are forced to think, you expand your mental capacity. When you expand your mental capacity, your wealth increases."

"When you are young, work to learn, not to earn."

"When you change the way you look at things, the things you look at change."

"When you asked me to teach you, I wanted to see if you were willing to give something in exchange for my lessons. If you were not willing to give something in exchange, then that was the first lesson for you to figure out ? after I turned you down. People who learn to expect something for nothing usually get nothing in real life."

"When you combine boring with fear, you have fun."

"When you come to the boundaries of what you know, it is time to make some mistakes."

"When you want success as bad as you want your next breathe of air, you will succeed."

"Whenever I feel that people stopped to smile at me, took the initiative I Baltbasm in their faces and greet them, and also magic, spreading smiles everywhere around me, it is true is to say that the world is what is only a mirror to you."

"When you don?t have money, think and use your head. Never give in to the poor person inside of you."

"Whenever you feel ?short? or in ?need? of something, give what you want first and it will come back in buckets. That is true for money, a smile, love, friendship. I know it is often the last thing a person may want to do, but it has always worked for me. I just trust that the principle of reciprocity is true, and I give what I want."

"When you learn from the mistake you enter a whole new world of knowing and understanding. If you deny, lay blame, justify, or fail to be responsible for your learning, the gates of new wisdom do not open to you."

"When you hear that something can?t be done, ignore that advice and push forward."

"Whenever you feel that you lack something, you need something first and it will give you back tenfold. This applies to both the money and the smiles, love, friendship."

"When you think about it, three of our biggest financial decisions in life are made at times of peak emotional excitement: deciding to get married, buying a home, and having kids."