Quotations by Robert T. Kiyosaki

To make sure you can move quickly to borrow if needed, keep an eye on your current ratio (assets over liabilities--at least 2:1 is good) and quick ratios (liquid assets divided by current liabilities--should be over 1:1). [2000] - Robert T. Kiyosaki

Raising capital is the entrepreneur's most important job. An entrepreneur is always ensuring that capital is flowing in, either through sales, direct marketing, private sales, institutional sales, investors, etc. [2000] - Robert T. Kiyosaki

If you are thinking about starting your own business, I recommend two skills. First, develop the skill to overcome your fears, to overcome rejection, and to communicate the value of your product or service. Second, develop the skill of speaking to large groups of people and keeping them interested in what you have to say. In public speaking, it is said that body language accounts for approximately 55% of communication, voice tone 35%, and words 10%. In the world of business, appearance is a powerful communicator. [2000] - Robert T. Kiyosaki

Goals have to be clear, simple, and in writing. If they are not in writing and reviewed daily, they are not really goals. They are wishes. [2000] - Robert T. Kiyosaki

If you want to become very rich, part of your strategy as a business owner is to be building the company the market wants, before the market wants it. [2000] - Robert T. Kiyosaki

Many business owners start a business because they think the business is a good idea, but they have no plan on how to get out of the business. [2000] - Robert T. Kiyosaki

Angels are rich individuals who have a passion to help new entrepreneurs. Most major cities have angel groups that support budding new entrepreneurs financially as well as provide advice on how to become rich, young entrepreneurs. [2000] - Robert T. Kiyosaki

People are not successful financially mainly because they cannot sell. [2000] - Robert T. Kiyosaki

Most millionaires lose three companies before they win big. [2000] - Robert T. Kiyosaki

A sophisticated business owner and investor would do their best to keep the business as long as possible, have it acquire as many stable assets as possible and then trade the business with as small a tax consequence as possible, while keeping as many of the assets as possible. [2000] - Robert T. Kiyosaki

Many franchise and network marketing opportunities are now available on the internet. [2000] - Robert T. Kiyosaki

Ideas do not have to be new and unique, they just have to be better. [2000] - Robert T. Kiyosaki

To be successful as a business owner requires: A. Ownership or control of systems, and B. The ability to lead people. [1999] - Robert T. Kiyosaki

There are three main types of business systems commonly in use today: 1. Traditional corporations - where you develop your own system. 2. Franchises - where you buy an existing system. 3. Network Marketing - where you buy into and become part of an existing system. [1999] - Robert T. Kiyosaki

Many banks will loan money on a franchise and not to a small start-up business. Many famous franchises cost a million dollars or more to buy. [1999] - Robert T. Kiyosaki

It is recommended that you have six months' to a year's worth of living expenses held in cash. [1999] - Robert T. Kiyosaki

Great transfers of wealth often occur when laws and markets change. So it is important to pay attention if you want to have those changes work in your favor and not against you. [1999] - Robert T. Kiyosaki

Subscribe to investment newsletters and study them. [1999] - Robert T. Kiyosaki

Attend business opportunity conventions or trade expos in your area to see what franchises or business systems are available. [1999] - Robert T. Kiyosaki

I suggest consciously seeking to spend more time with people who are heading in the same direction you are. You can find them in investment clubs, network marketing groups, and other business associations. [1999] - Robert T. Kiyosaki