Great Throughts Treasury

This site is dedicated to the memory of Dr. Alan William Smolowe who gave birth to the creation of this database.

Robert Kiyosaki, fully Robert Toru Kiyosaki

American Businessman, Investor, Financial Literacy Activist, Motivational Speaker and Best-Selling Author of "Rich Dad, Poor Dad" books

"I don't like being told what to do and kissing you-know-what to get up the corporate ladder."

"I don't invest in ideas because ideas are a dime a dozen. I could steal the idea pretty quickly."

"I encourage you to study to be rich, to understand how money works, and to have it work for you!"

"I get richer by failing. I found out that people who do not fail also do not succeed."

"I explain the law of compensation like this: 'Returns are minimal in spite of massive effort at the start, yet returns can be massive with minimal effort over time."

"I find so many people struggling, often working harder, simply because they cling to old ideas. They want things to be the way they were; they resist change. I know people who are losing their jobs or their houses, and they blame technology or the economy or their boss. Sadly they fail to realize that they might be the problem. Old ideas are their biggest liability. It is a liability simply because they fail to realize that while that idea or way of doing something was an asset yesterday, yesterday is gone."

"I found out that the secret to success is not hard work or luck; I found a new way of thinking that works for me."

"I have a problem with too much money. I can?t reinvest it fast enough, and because I reinvest it, more money comes in. Yes, the rich do get richer."

"I keep hearing, I?d rather be happy then rich. Why not be both?"

"I have had a 'real' job for only four years of my life, which means I only collected a traditional paycheck for that very short period of time."

"I just don't like mutual funds. I think they're a rip-off."

"I realized that most people were not rich simply because of fear."

"I know the Federal Reserve Bank can continue to print more and more money... but city and state governments cannot."

"I learned that if I did not feel good about myself, people did not feel good about me. In many instances, another person is only sending back what I am broadcasting. In other words, if I think I am a loser, other people will think of me as a loser. The good news is that you and I can change their perceptions of us by changing our perceptions of ourselves. For example, if I had not changed my perception of myself, I would never have met and married a beautiful woman like Kim, someone like Donald Trump wouldn?t be my friend, and I wouldn?t be financially secure today."

"I learned so much about money from my Rich Dad because he made learning fun. He always played games and did not try to cram information down my throat."

"I needed to study subjects not taught in school."

"I often wondered why grown-ups hurried off to work. It never seemed like much fun and they never looked that happy, but something kept them hurrying off to work."

"I recommend to young people to seek work for what they will learn, more than what they will earn. Look down the road at what skills they want to acquire before choosing a specific profession and before getting trapped in the Rat Race."

"I resigned from the Marine Corps and flying in 1974, even though I loved them both. I quit because I no longer wanted to fight for peace. Instead, I believe we can build a more sustainable peace by working for prosperity."

"I want parents to teach that academic intelligence is essential, but so is financial intelligence."

"I was facing the nightmare that keeps most investors out of real estate: property management and negative cash flow."

"I see many people today are suffering, and working harder, not for nothing, but they simply cling to old ideas."

"I start new businesses even if I succeed. That is why I have so many businesses, business that run without me. That is my secret to great wealth. Most employees have one job. As an entrepreneur, I have multiple businesses."

"I wasn't born a natural entrepreneur. I had to be trained."

"I worked for Xerox for 4 years and after that I knew I was never going to be a corporate person. It wasn't my environment."

"I think I have made my message clear. It?s what is in your head that determines what is in your hands."

"I talk about freedom from the Rat Race, and they focus on toilets. That is the thought pattern that keeps most people poor. They criticize instead of analyze."

"I wanted to validate the parent's most important role of teaching their children. It's not something you want to leave up to the school system. Ultimately, right or wrong, the parent is the child's most important teacher."

"I?ve met so many people who say, oh I?m not interested in money. Yet they?ll work at a job for 8 hours a day."

"I would say raising capital is one of the weakest things for most entrepreneurs."

"I'd rather be a victor than a victim."

"I?ve seen how money runs people?s lives. Don?t let that happen to you. Please don?t let $ run your life."

"I'd rather welcome change than cling to the past."

"If and when I solved this problem, I would never need money again."

"If a person?s life lacks integrity and is out of alignment with his mission in life, problems will occur."

"If I could leave one single idea with you, it is that idea. Whenever you feel short or in need of something, give what you want first and it will come back in buckets. That is true for money, a smile, love, friendship."

"If I have cash and I can't figure a way to put it into real estate or my business, I hold it in gold and silver."

"If fear is too strong, the genius is suppressed."

"If you are a strong leader, you can hire people smarter and better trained than you are."

"If medical doctors can be sued for malpractice, shouldn't financial professionals practice under the same safeguard?"

"If you are a true investor, it does not matter if the markets are going up or going down. A true investor does well in any market condition."

"If my businesses or my investments are not profitable, then I don't eat. And I like to eat."

"If you are afraid of making mistakes, you will not want to do anything."

"If you are moving, even fire will not hurt you. If you are standing still near the fire, even though you are not in the fire, the heat will eventually get to you."

"If there is one thing life has taught me it's that mistakes are a better teacher than books, manuals, or lectures."

"If you are not a brand, you are a commodity."

"If you are not happy while getting rich, chances are you will not be happy when you do get rich. So whether you are rich or poor, make sure you are happy."

"If you are going to be financially secure, you need to learn to have more cash flowing into your pockets."

"If you are the kind of person who is waiting for the 'right' thing to happen, you might wait for a long time. It's like waiting for all the traffic lights to be green for five miles before starting the trip."

"If you aren?t practicing and playing to be first, then maybe you shouldn?t be an entrepreneur."