Interesting business and investing tweets form the recent Rich Dad Event. The following investment “quotes” form some of the Rich Dad basics of successful business and investing. Enjoy!
- #richdadevent Women are better investors because they can check their ego. They do a deal based on numbers not on the size of the …ego
- #richdadevent Real Estate is about finding motivated sellers and creating a solution. Women excel in this area
- #richdadevent Don’t find advisors that know how to ‘do it.’ Find advisors who ‘do it.’
- #richdadevent Looking for a new team member? Ask your current team for recommendations
- #richdadevent When a mom shows a passion for investing … imagine what the children will achieve
- #richdadevent Keep family and business separate. Don’t talk business during family time and vice versa
- #richdadevent Sometimes the biggest challenge for women investors is a man’s ego
- #richdadevent Find what excites you. F.O.C.U.S. follow one course until successful. The passion gets you through the difficulties
- #richdadevent We reward tenants for good behavior. If your property looks good after a year, they may get a free TV.
- #richdadevent One thing to watch out for is an internal prejudice against women. When you seek financial advice, who do you ask?
- #richdadevent Don’t give before you get. Women need to be careful not to give away what they haven’t created yet
- #richdadevent Rich Women is about empowering women to realize that they can be just as good investors as men
- #richdadevent You are always evolving. If you are not growing you are dying. There is no middle ground
- #richdadevent The fear of mistakes is the fear of living… and learning
- #richdadevent Be careful who you listen to and be aware of who’s projecting negativity
- #richdadevent A soaring spirit still needs a healthy body. Money and spirituality are not opposites.
- #richdadevent When I started investing I felt a lot of fear. I battled fear by taking a leap of faith over and over again
- It’s official: The recession is over. But wait, isn’t unemployment high and growing? Isn’t the dollar dying?
- #richdadevent Silver is a better investment than gold. Silver is consumed and there is more gold in the world than silver.
- #richdadevent Gold standard would requires that we have enough gold to cover all the dollars in the world
- #richdadevent Don’t let people know you need their money. Shift your context. You’re not taking their money, you’re doing them a favor.
- #richdadevent Money isn’t money. The dollar is a promise to pay the deficit. When you save money, you are saving debt. Think about that.
- #richdadevent Don’t take my classes if you’re not ready to put the education into action after.
- #richdadevent Your education begin AFTER you take the classes. The classes make it so you are able to learn from real life.
- #richdadevent NEVER leverage your money … unless you know how. Then you can get rich at an amazing rate.
- #richdadevent You should always know what you’re next deal is BEFORE you have your $. Don’t wait for the money before you find your deal.
- #richdadevent Don’t tell me investing is hard where u live Its hard everywhere…if you’re stupid Educated people can make money anywhere.
- #richdadevent Lazy people use their own money. Its harder to get someone else to pay for it then to work harder & pay for it yourself.
- #richdadevents The more you know, the easier investing gets. But you still have to take that leap of faith.
- #richdadevent My loans come from pension funds so employees rgiving me $ The gov gets the taxes I get the pension & employees get screwed.
- #richdadevent Gold and silver is for dumb investors. It’s a good investment, but it takes no brains.
- #richdadevent Taxes are the punishment for everyone too lazy to get financial education
- #richdadevent There are 4 parts to a deal: project, partners, finance, management. You must have all 4.
- #richdadevent Interest rates are so low so that entrepreneurs can produce money and jobs
- #richdadevent I never base my investments on increasing value. That’s capital gains. I base my investments on cash flow
- #richdadevent Social entrepreneurs fill the void where gov fails. They make $ fulfilling gov promises.
- #richdadevent I never got sued until I got rich. You need your asset protection BEFORE you get rich
- #richdadevent Mutual funds in 401k is taxed at 35%. Mutual funds OUTSIDE of 401k get taxed at 15%. 401k is a scam to raise employee taxes
- #richdadevent If you are going to be in business, its best to offset your earnings through real estate
- #richdadevent The tax code awards the generous and punishes greed. There are even ways to MAKE $ by giving to charity
- #richdadevent The tax principles are the same globally. Use debt to create wealth, pay no taxes. My friend Johan does this in Germany
- #richdadevent You cannot ‘make it’, until you make it with your past. I had to communicate honestly with my dad.
- #richdadevent I use 100% debt so I pay zero% taxes. Thats Xtreme financial intelligence
- #richdadevent 3LawsofCompensation Givetoreceive Learntogive compounding knowledge/wealth TheMore youdothe first2the moreYou’ll getof the3rd
- #richdadevent Bernacke says he doesn’t know why the price of gold is rising…could it be because of the TRILLIONS of dollars you printed?
- #richdadevent People are looking to Obama to provide jobs … he’s NEVER had a job. He doesn’t even know what one looks like.
- #richdadevent The ‘poor mindset’ uses words like I, me, mine. The rich say, ours, we, us.
- #richdadevent GreedvsGenerosity Entrepr use generosity They have a team&they share They get a smaller piece ofthepie butthe pie is bigger.
- #richdadevent Greed vs Generosity. Greed is selfish. It’s an employee mindset. Greed is punished by taxes
- #richdadevent A high paying job is a myth. Those jobs will either tax you so high as to take your wealth or get shipped over seas.
- #richdadevent Part of financial education teaches how to pay zero tax … legally. Employees can’t do this, entrepreneurs and investors can.
- #richdadevent Education is a process The end of the public educ process is a job Financial education’s process ends w cash flow for life
- PHD should stand for Poor Helpless and Desperate.
- Poor is eternal broke is temporary
- Robert and Kim just took the stage.
- Robert is getting ready to take the stage here in Scottsdale.
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