Starting a business is like jumping out of an airplane without a parachute. In mid air, the entrepreneur begins building a parachute and hopes it opens before hitting the ground.
Robert KiyosakiRead
Don't invest in what you don't know. Learn first then invest.
Interpretation
What this quote means
Investing requires knowledge; understand what you're investing in before committing funds.
This quote by Robert Kiyosaki emphasizes the importance of acquiring knowledge and understanding before making financial investments. It suggests that without a proper understanding of an investment's fundamentals, one risks losing their money and failing to achieve financial growth.
Themes
InvestmentKnowledgeLearningFinanceBusiness
In practice
Example use cases
A financial advisor may use this quote to educate clients about the importance of research before investing.
More from Robert Kiyosaki
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In the real world, the smartest people are people who make mistakes and learn. In school, the smartest people don't make mistakes.
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If you want a solid future, you need to create it. You can take charge of your future only when you take control of your income source. You need your own business.
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Finding good partners is the key to success in anything: in business, in marriage and, especially, in investing.
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It's easier to stand on the sidelines, criticize, and say why you shouldn't do something. The sidelines are crowded. Get in the game.
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