Ninety percent of all millionaires become so through owning real estate.
Interpretation
Owning real estate is a key factor in achieving significant wealth.
This quote by Andrew Carnegie emphasizes the importance of real estate ownership in wealth accumulation. It suggests that a substantial majority of millionaires attribute their financial success to investments in property, highlighting real estate as a powerful avenue for building wealth over time.
In practice
In a financial seminar discussing wealth-building strategies.
Give me the life of the boy whose mother is nurse, seamstress, washerwoman, cook, teacher, angel, and saint, all in one, and whose father is guide, exemplar, and friend. No servants to come between. These are the boys who are born to the best fortune.
To kill a man will be considered as disgusting [in the twentieth century] as we in this day consider it disgusting to eat one.
It is not the rich man's son that the young struggler for advancement has to fear in the race for life, nor his nephew, nor his cousin. Let him look out for the dark horse in the boy who begins by sweeping out the office.
You are what you think. So just think big, believe big, act big, work big, give big, forgive big, laugh big, love big and live big.
Speculation is a parasite feeding upon values, creating none.
Don't be content with doing only your duty. Do more than your duty. It's the horse that finishes a neck ahead that wins the race.
I think the reason I was successful is that I was never cynical.
Lots of companies donβt succeed over time. What do they fundamentally do wrong? They usually miss the future. I try to focus on that: What is the future really going to be? And how do we create it? And how do we power our organization to really focus on that and really drive it at a high rate? When I was working on Android, I felt guilty. It wasnβt what we were working on, it was a start-up, and I felt guilty. That was stupid! It was the future.
Success seems to be connected with action. Successful people keep moving. They make mistakes, but they don't quit.
The ability to bounce back after a setback is the single most important trait an entrepreneurial venture can possess.
Being named among the best is special and beautiful. But if there are no titles, nothing is won.
I did not want to be the best black man of the year; I wanted to be the best man of the year.
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