Passive Income

Innovation has nothing to do with how many R&D dollars you have. When Apple came up with the Mac, IBM was spending at least 100 times more on R&D. It’s not about money. It’s about the people you have, how you’re led, and how much you get it.  Steve Jobs, Co-founder and CEO Apple

Formal education will make you a living; self-education will make you a fortune.  Jim Rohn, entrepreneur, author, and motivational speaker

I mean nobody likes to fail, but the worst thing was I lost my investors’ money and these were people that believed in this young guy that was passionate about this idea… [When you fail,] you start to question, are my ideas really good? – Nick Woodman, Founder GoPro

You only have so many hours in a day, let others make the money for you!  Nick Haase, founder of Loot

The longer you’re not taking action the more money you’re losing. – Carrie Wilkerson, author, speaker and encourager

Expect the best. Prepare for the worst. Capitalize on what comes. – Zig Ziglar, author, salesman, and motivational speaker

Opportunity is missed by most people because it is dressed in overalls and looks like work.  Thomas Edison, inventor and businessman

My formula for success is rise early, work late and strike oil.  JP Getty, founder Getty Oil Company

Too many people spend money they haven’t earned, to buy things they don’t want, to impress people that they don’t like.  Will Rogers, actor and social commentator

Never spend your money before you have it. Thomas Jefferson, American Founding Father

Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1.  Warren Buffett, business magnate, investor and philanthropist

Money is multiplied in practical value depending on the number of W’s you control in your life: what you do, when you do it, where you do it, and with whom you do it.  Timothy Ferriss, author of The 4-Hour Workweek

Don’t let money run your life, let money help you run your life better. John Rampton, CEO of Due

Beware of small expenses; a small leak will sink a great ship.  Benjamin Franklin, inventor and diplomat

If money is your hope for independence you will never have it. The only real security that a man can have in this world is a reserve of knowledge, experience, and ability.  Henry Ford, Founder Ford Motor Company

Happiness is not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort.  President Franklin D

Everyone wants to ride with you in the limo, but what you want is someone who will take the bus with you when the limo breaks down.  Oprah Winfrey, Media Proprietor

A wise person should have money in their head, but not in their heart.  Jonathan Swift, Author of Gulliver’s Travels

It’s good to have money and the things that money can buy, but it’s good, too, to check up once in a while and make sure that you haven’t lost the things that money can’t buy. George Horace Lorimer, journalist and author

People are chasing cash, not happiness. When you chase money, you’re going to lose. You’re just going to. Even if you get the money, you’re not going to be happy.  Gary Vaynerchuk, founder VaynerMedia

Money, like emotions, is something you must control to keep your life on the right track.  Natasha Munson, author, inspirational speaker and CEO of Be Magic, Inc

For a successful entrepreneur it can mean extreme wealth. But with extreme wealth comes extreme responsibility. And the responsibility for me is to invest in creating new businesses, create jobs, employ people, and to put money aside to tackle issues where we can make a difference.  Richard Branson, founder Virgin Group

Don’t think money does everything or you are going to end up doing everything for money.  Voltaire, Age of Enlightenment leader

Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give.  William Arthur Ward, author of Fountains of Faith

There are people who have money, and there are people who are rich.  Coco Chanel, fashion designer

“Buy when everyone else is selling and hold until everyone else is buyingThat’s not just a catchy sloganIt’s the very essence of successful investing” – JPaul Getty

“You do pay a price for your financial freedom, but it is far lesser than what you pay for a lifetime slavery” – Manoj Arora

“My favorite things in life don’t cost any money. It’s really clear that the most precious resource we all have is time” – Steve Jobs

“Every day is a bank account, and time is our currency. No one is rich, no one is poor, we’ve got 24 hours each” – Christopher Rice

“I believe that through knowledge and discipline, financial peace is possible for all of us” – Dave Ramsey

“The speed of your success is limited only by your dedication and what you’re willing to sacrifice” – Nathan WMorris

“There are no secrets to successIt is the result of preparation, hard work, and learning from failure” – Colin Powell

“Stay in your bed as long as you wantYour money just left for work” – Manoj Arora

“Opportunity is missed by most people because it is dressed in overalls and looks like work” – Thomas Edison

“It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for” – Robert Kiyosaki

“Debt is normalBe weird” – Dave Ramsey

“It’s good to have money and the things that money can buy, but it’s good, too, to check up once in a while and make sure that you haven’t lost the things that money can’t buy” – George Lorimer

“Pursuing your passion is fulfilling and leads to financial freedom” – Robert Gallen

“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas” – Paul Samuelson

“Waste your money and you’re only out of money, but waste your time and you’ve lost a part of your life” – Michael Leboeuf

“To obtain financial freedom, one must be either a business owner, an investor or both, generating passive income, particularly on a monthly basis” – Robert Kiyosaki

“Money is only a tool will take you wherever you wish, but it will not replace you as the driver” – Ayn Rand

“To get rich, you have to be making money while you’re asleep” – David Bailey

“Wealth is the ability to fully experience life” – Henry David Thoreau

“You must gain control over your money or the lack of it will forever control you” – Dave Ramsey

“Every time you borrow money, you’re robbing your future self” – Nathan WMorris

“Never depend on a single income makes an investment to create a second source” – Warren Buffet

“The philosophy of the rich and the poor is this: the rich invest their money and spend what is left the poor spend their money and invest what is left” – Robert Kiyosaki

“Your assets are your employees invest more on those performing well. Let the non-performers go” – Manoj Arora

“Formal education will make you a living; self-education will make you a fortune” – Jim Rohn

“Financial freedom is less about financials and more about freedom” – Manoj Arora

“The key to financial freedom and great wealth is a person’s ability or skill to convert earned income into passive income and/or portfolio income” – Robert Kiyosaki

“The secret to creating lasting financial change is to decide to pay yourself first and then make it automatic” – David Bach

“Wealth is not about having a lot of money; it’s about having a lot of options” – Chris Rock

“It takes as much energy to wish as it does to plan” – Eleanor Roosevelt

“The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates the sense of order, trains to forethought, and so broadens the mind” – Munger

“If you wish to get rich, save what you getA fool can earn money; but it takes a wise man to save and dispose of it to his own advantage” – Brigham Young

“Hаbіtѕ оf fіnаnсіаl ѕuссеѕѕ аrе lеаrnаblе, as аll hаbіtѕ аrе, bу practice аnd rереtіtіоn” – Shane Johnston

“The goal isn’t more moneyThe goal is living life on your terms” – Chris Brogan

“Fortune sides with him who dares” – Virgil

“That man is richest whose pleasures are cheapest” – Henry David Thoreau

“Financial peace isn’t the acquisition of StuffIt’s learning to live on less than you make, so you can give money back and have money to invest you can’t win until you do this” – Dave Ramsey

“Someone is sitting in the shade today because someone planted a tree a long time ago” – Warren Buffett

“I’ve found that the less stuff I own, the less my stuff owns me” – Nathan WMorris

“Whatever your income, always live below your means” – Thomas Stanley

“Financial freedom is available to those who learn about it and work for it” – Robert Kiyosaki

“Financial fitness is not a pipe dream or a state of mind’s a reality if you are willing to pursue it and embrace it” – Will Robinson

“More important than the how we achieve financial freedom, is the why. Find your reasons why you want to be free and wealthy” – Robert Kiyosaki

I remember saying to my mentor, ‘If I had more money, I would have a better plan.’ He quickly responded, ‘I would suggest that if you had a better plan, you would have more money.’ You see, it’s not the amount that counts; it’s the plan that counts.– Jim Rohn

Your economic security does not lie in your job; it lies in your own power to produce – to think, to learn, to create, to adapt. That’s true financial independence. It’s not having wealth; it’s having the power to produce wealth. – Stephen Covey

“The best thing money can buy is financial freedom” – Rob Berger

“Real wealth is not about money real wealth is: not having to go to meetings, not having to spend time with jerks, not being locked into status games, not feeling like you have to say ‘yes,’ not worrying about
“Financial freedom is freedom from fear” – Robert Kiyosaki

“Know what you own, and know why you own it” – Peter Lynch

“Financial peace of mind is not determined by how much we make, but is dependent upon how much we spend!” – Marvin Ashton

“It is not the man who has too little, but the man who craves more, that is poor” – Seneca

“You must tell your money how you want to live your life and not the other way round” – Manoj Arora

“If we command our wealth, we shall be rich and free if our wealth commands us, we are poor indeed” – Edmund Burke

“Money is a terrible master but an excellent servant” – PTBarnum

“You either master money, or, on some level, money masters you” – Tony Robbins

“Many people take no care of their money till they come nearly to the end of it, and others do just the same with their time” – Johann Wolfgang von Goethe

“When you understand that your self-worth is not determined by your net-worth, then you’ll have financial freedom” – Suze Orman

“Whenever you find yourself on the side of the majority, it is time to pause and reflect” – Mark Twain

“Working because you want to, not because you have to is financial freedom.” – Tony Robbins

“The key to financial freedom and great wealth is a person’s ability or skill to convert earned income into passive income and/or portfolio income.” – Robert Kiyosaki

“You become financially free when your passive income exceeds your expenses.” – T. Harv Eker

“To obtain financial freedom, one must be either a business owner, an investor or both, generating passive income, particularly on a monthly basis.”– Robert Kiyosaki

“Residual income is passive income that comes in every month whether you show up or not. It’s when you no longer get paid on your personal efforts alone, but you get paid on the efforts of hundreds or even thousands of others and on the efforts of your money! It’s one of the keys to financial freedom and time freedom.”– Steve Fisher

“The moment you make passive income and portfolio income a part of your life, your life will change. Those words will become flesh.” – Robert Kiyosaki

“My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income…passive income from capital gains, dividends, residual income from a business, rental income from real estate, and royalties.” – Robert Kiyosaki

“When people ask me what ‘American Pie’ means, I tell them it means I don’t ever have to work again if I don’t want to.” – Don McLean

“If you do not find a way to make money while you sleep, you will work until you die.” – Warren Buffett

“You can only be financially free when your passive income exceeds your expenses.” – T. Harv Eker

The key to financial freedom and great wealth is a person’s ability or skill to convert earned income into passive income and/or portfolio income. Robert T. Kiyosaki 

The key is to work extremely hard for a short period of time (1-5 years), create abundant wealth, and then make money work hard for you through wise investments that yield a passive income for life. –  H.W. Charles

Residual income is passive income that comes in every month whether you show up or not. It’s when you no longer get paid on your personal efforts alone, but you get paid on the efforts of hundreds or even thousands of others and on the efforts of your money! It’s one of the keys to financial freedom and time freedom. – Steve Fisher

Some people want it to happen. Some wish it would happen. Others make it happen. – Steve Agyei 

The best time to plant a tree was 20 years ago. The second best time is today. – Chinese Proverb

I remember saying to my mentor, “If I had more money, I would have a better plan.”. He quickly responded, “I would suggest that if you had a better plan, you would have more money.” You see, it’s not the amount that counts; it’s the plan that counts. – Jim Rohn