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
The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money...but never learn to have money work for them.
Interpretation
Many people lack financial knowledge despite years of formal education.
This quote emphasizes a common issue where individuals spend a significant amount of time obtaining academic qualifications but fail to acquire essential financial literacy. As a result, they become skilled at earning money through employment but do not understand how to manage or invest that money effectively, leading to ongoing financial struggles.
In practice
During a financial literacy workshop, this quote can be used to illustrate the importance of understanding money.
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.
If you realize that you're the problem, then you can change yourself, learn something and grow wiser. Don't blame other people for your problems.
In the real world, the smartest people are people who make mistakes and learn. In school, the smartest people don't make mistakes.
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.
Finding good partners is the key to success in anything: in business, in marriage and, especially, in investing.
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.
The true end of education is not only to make the young learned, but to make them love learning; not only to make them industrious, but to make them love industry; not only to make them virtuous, but to make them love virtue; not only to make them just, but to make them hunger and thirst after justice.
I don't really get things very... intuitively. I mean, I don't immediately understand things. The only way I really get it is by writing it down.
In the end we retain from our studies only that which we practically apply.
I went out of my way to play games I didn't like or find interesting. Those ended up being a lot more informative for me. At home, I have literally thousands of games, and I think of them as pearls of wisdom from my predecessors.
Except for teachers, who are 'controlled' as far as his militancy is concerned, good jobs are rare for Negroes.
I've got two daughters. 9 years old and 6 years old. I am going to teach them first of all about values and morals. But if they make a mistake, I don't want them punished with a baby.
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