American - Author | April 8, 1947 -
Many financial advisors recommend that you diversify for your own protection. What they fail to tell you is that it is also for their protection. Since most financial advisors cannot tell you exactly which stock or mutual fund is a great investment, they tell you to buy a bunch of them.
Robert Kiyosaki
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If you look at anyone who has achieved great success and wealth, people like Warren Buffett, Oprah Winfrey, or Lance Armstrong, they have all focused intensely in order to win.
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Money and investing can be complex, confusing, and often boring subjects.
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I believe that every one of us has a gift. And I believe that mine is the ability to take the complex and make it simple.
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Sometimes the hardest thing to do is to trust your team. It's a lesson I've had to relearn quite a few times.
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The state of the economy is not the issue when it comes to growing a business. The relevant questions are always: 'What business are you in? Furthermore, is it adapting to the times?'
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People invest in businesses that they believe have the leadership, mission and team to grow and operate profitably.
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Socialists tend to want to pay people more money to do less work, and capitalists tend to want to provide better products at better prices.
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I don't invest in ideas because ideas are a dime a dozen. I could steal the idea pretty quickly.
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The greatest story of all is Colonel Sanders. He didn't start until he was sixty-six on a freeway bypass for his chicken shop. Anything is possible!
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Most employees only want to know how much they get paid and how much time off they get - they probably don't have the mission in their souls.
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Strength and compassion are not mutually exclusive.
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