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In most cases, when people make more money, they get deeper in debt. This is why money alone does not make you rich.
People who are unwilling to make mistakes or have made mistakes and have not yet learned from them are those who wake up each morning and continue to make the same mistakes
I don't believe in giving people money. In Sunday school [you learn] that if you teach a man to fish, you feed him for life; but you give him a fish, you feed him for a day.
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’.
If you want a solid future, you need to create it. You can take charge of your future only when you take control of your income source. You need your own business.
To me, a spouse should be a life partner AND a business partner. Just like any good partner, her strengths must make up for my weaknesses and vice versa.
I can see being kind to people, but I don't think giving them money solves the problem. I think it makes the problem worse and it prolongs the ultimate, inevitable end anyway.
To be a successful business owner and investor, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game.
The primary reason in starting a business part-time is not so much to make a product great. The real reason for starting a part-time business is to make you a great businessperson.