"If you look at anyone successful, at the start they were not balanced. Balanced people go nowhere. They stay in one spot. To make progress, you must first go unbalanced. Just look at how you make progress walking. Thomas Edison was not balanced. He was focused. Bill Gates was not balanced. He was focused. Donald Trump is focused. George Soros is focused. George Patton did not take his tanks wide. He focused them and blew through the weak spots in the German line. The French went wide with the Maginot Line, and you know what happened to them. If you have any desire of being rich, you must focus."

"If you have little money and you want to be rich, you must first be “focused,” not “balanced.”"

"There is a big difference between hating losing and being afraid to lose."

"The greatest secret of winners is that failure inspires winning."

"Failure inspires winners."

"I always tried to turn every disaster into an opportunity."

"Texans don’t bury their failures. They get inspired by them. They take their failures and turn them into rallying cries. Failure inspires Texans to become winners. But that formula is not just the formula for Texans. It is the formula for all winners."

"[...]take a loss and make it a win."

"“Winning means being unafraid to lose.”"

"“It’s a Texan’s attitude toward risk, reward and failure I’m talking about. It’s how they handle life. They live it big."

"The fear of losing money is real. Everyone has it. Even the rich. But it’s not fear that is the problem. It’s how you handle fear. It’s how you handle losing. It’s how you handle failure that makes the difference in one’s life. That goes for anything in life, not just money. The primary difference between a rich person and a poor person is how they handle that fear."

"And in all my years, I have never met a rich person who has never lost money. But I have met a lot of poor people who have never lost a dime…investing, that is."

"All too often, they’re poor or struggle financially or earn less than they are capable of, not because of what they know but because of what they do not know."

"The world is filled with talented poor people."

"When I ask the classes I teach, “How many of you can cook a better hamburger than McDonald’s?” almost all the students raise their hands. I then ask, “So if most of you can cook a better hamburger, how come McDonald’s makes more money than you?” The answer is obvious: McDonald’s is excellent at business systems. The reason so many talented people are poor is because they focus on building a better hamburger and know little to nothing about business systems."

"Job is an acronym for ‘Just Over Broke.’"

"[...]schools reward people who study more and more about less and less."

"When it comes to money, the only skill most people know is to work hard."

"[...]financial intelligence is a synergy of accounting, investing, marketing and law."

"The sad truth is, great talent is not enough."

"The world is filled with smart, talented, educated and gifted people. We meet them every day. They are all around us."

"“I am a terrible writer. You are a great writer. I went to sales school. You have a master’s degree. Put them together and you get a best-selling author’ and a ‘best-writing author.’ ”"

"In my attempt to be helpful, I found myself defending my suggestion."

"There is always risk, so learn to manage risk instead of avoid it."

"It is what you do not know that is your greatest risk."

"Investing is not buying. It’s more a case of knowing."

"In other words, a majority of people let their lack of money stop them from making a deal."

"You see with your mind what others miss with their eyes."

"People who avoid failure also avoid success."

"Failure is part of the process of success."

"The idea in anything is to use your technical knowledge, wisdom and love of the game to cut the odds down, to lower the risk."

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

"That is financial intelligence. It is not so much what happens, but how many different financial solutions you can think of to turn a lemon into millions. It is how creative you are in solving financial problems."

"Limiting your options is the same as hanging on to old ideas."

"The people who get out of the “Rat Race” in the game the quickest are the people who understand numbers and have creative financial minds."

"Often in the real world, it’s not the smart that get ahead but the bold."

"We all have tremendous potential, and we all are blessed with gifts. Yet, the one thing that holds all of us back is some degree of self-doubt. It is not so much the lack of technical information that holds us back, but more the lack of self-confidence. Some are more affected than others."

"When someone sues a wealthy individual they are often met with layers of legal protection, and often find that the wealthy person actually owns nothing. They control everything, but own nothing."

"If you know what you’re talking about, you have a fighting chance."

"The poor and middle class buy luxuries with their own sweat, blood and children’s inheritance."

"My real estate strategy, on the other hand, is to start small and keep trading the properties up for bigger properties and, therefore, delaying paying taxes on the gain. This allows the value to increase dramatically. I generally hold real estate less than seven years."

"Life is sometimes tough when you do not fit the “standard” profile."

"A problem with school is that you often become what you study."

"And when it comes to money, high emotions tend to lower financial intelligence."

"When we were told to follow set procedures and not deviate from the rules, we could see how this schooling process actually discouraged creativity."

"The fear of being different prevents most people from seeking new ways to solve their problems."