Asset and Liability




The most important rule is to know the difference between an asset and a liability. Once you understand the difference, concentrate your efforts on buying income-generating assets. That’s the best way to get started on a path to becoming rich. keep doing that, and your asset column will grow. Keep liabilities and expenses down so more money is available to continue pouring into the assets column.

My next goal would be to have excess cash flow from my assets reinvested into the asset column. The more money that goes into my asset column, the more my asset column grows. The more my assets grow, the more my cash flow grows. And as long as I keep my expenses less that the cash flow from these assets, I grow richer with more and more income from sources other than my physical labor.

Robert T. Kiyosaki





Your self-concept is made up of three parts, like three layers of a cake. The first of these parts is your self-ideal. This is the version or ideal description of the person that you would most like to be in every respect. This ideal image exerts a powerful influence on your behavior and on the way you think about yourself.

The more clear you are about the person you want to become, the more likely it is that, day by day, you will evolve into that person.

The second part of your self-concept is your self-image. Your self-image it the way you see yourself, and the way you think about yourself, as you go about your daily activities.

You always behave consistently with the picture that you hold of yourself on the inside. Because of this, you can improve your performance by deliberating changing the mental pictures that you hold about yourself in that area.

The third part of your self-concept is your self-esteem. Your self-esteem is how you feel about yourself. It is the emotional component of your personality, and it is the foundation quality of high performance. It is the key to happiness and personal effectiveness.

Brian Tracy

Keep the window open




The key is knowing that in conducting small talk, we should be aware of the different styles at play and adapt to the person we’re talking with.

If we address someone with the wrong style, the window may close shut without nothing revealed. No connection is made.

One helpful technique I use is to try and envision myself as a mirror to the person with whom I’m speaking. What’s the cadence of their speech? How loudly do they talk? What’s their body language? By adjusting your behavior to mirror the person you are talking to, he’ll automatically feel more comfortable. This doesn’t mean, of course, that you should be disingenuous. Rather, it shows that you’re particularly sensitive to other people’s emotional temperaments. You’re just tweaking your style to ensure that the windows remain wide open.

Keith Ferrazzi





A mentor is someone who has already done what you want to do and is successful at doing it. Don’t find an advisor. An advisor is someone who tells you how to do it but may not have personally done it.

My rich dad taught me about systems and how to be a leader of people, not a manager of people. Managers often see their subordinates as inferiors. Leaders must direct people who are often smarter.


Robert T. Kiyosaki

Know Your Business




Two of them were producing about 70 percent of the business. I noticed that these two men were continually being consulted by the other salesmen. 

Finally, it struck me as being very significant that these leaders were the best informed. 

I have traveled all over the country attending sales meetings and clinics. At those meetings, I’ve always noticed that the leaders are men who know their business.

So if you want to have confidence in yourself, and win and hold the confidence of others, find it an essential rule to:

Know Your Business and Keep On Knowing Your Business.

Frank Bettger

Be True to Yourself




The more you discipline yourself to live consistent with the very best you know, the greater is your level of personal integrity. And the higher your level on integrity, the happier and more powerful you will feel in everything you do.

Decide today to be a man or woman of honor. Resolve to tell the truth and to live in the truth with yourself and others. Crystallize your values in each area of your life. Write them down. Think of how you would behave if you were living consistent with those values, and then refuse to compromise them for any reason.

Brian Tracy 

Life Multiplies Itself




A seed, dropped into the ground, spring into activity, and in the act of living produces a hundred more seeds; life, by living, multiplies itself. It is forever becoming More.

Intelligence is under this same necessity for continuous increase. Every thought we think makes it necessary for us to think another thought; consciousness is continually expanding. Every fact we learn leads is to the learning of another fact; knowledge is continually increasing. 

We are subject to the urge of life, seeking expression, which ever drives us on to know more, to do more, and to be more.

The desire for riches is simply the capacity for larger life seeking fulfillment.

It is essential, however that your purpose should harmonize with the purpose that is in All. You must want real life, not mere pleasure of sensual gratification.

Wallace D. Wattles

Six Steps to Riches




First. Fix in your mind the exact amount of money you desire. It is not sufficient merely to say “I want plenty of money”. Be definite as to the amount.

Second. Determine exactly what you intend to give in return for the money you desire. (There is not such reality as something for nothing)

Third. Establish a definite date when you intend to possess the money you desire.

Fourth. Create a definite plan for carrying out your desire, and begin at once, whether you are ready or not, to put this plan into action.

Fifth. Write out a clear, concise statement of the amount of money you intend to acquire, name the time limit for its acquisition, state what you intend to give in return for the money, and describe clearly the plan though which you intend to accumulate it.

Sixth. Read your written statement aloud, twice daily, once just before retiring at night, and once after arising in the morning. AS YOU READ – SEE AND FEEL AND BELIEVE YOURSELF ALREADY IN POSSESSION OF THE MONEY.

Napoleon Hill

Centralizing Point




A man should conceive of a legitimate purpose in his heart, and set out to accomplish it. He should make this purpose the centralizing point of his thoughts.

The weakest soul, knowing its own weakness, and believing this truth – that strength can only be developed by effort and practice, will at once begin to exert itself, and adding effort to effort, patience to patience, and strength to strength, will never cease to develop, and will at last grow divinely strong.

To put away aimlessness and weakness, and to begin to think with purpose, is to enter the ranks of those strong ones who only recognize failure as one of the pathways to attainment; who make all conditions serve them, and who think strongly, attempt fearlessly, and accomplish masterfully.

James Allen