It is not much different from a person who goes to the gym to exercise on a regular basis versus someone who sits on the couch watching television. Proper physical exercise increases your chances of health, and proper mental exercise increases your chances for wealth. Laziness decreases both health and wealth.

Many novice real estate investors soon quit the profession and invest in a well-diversified portfolio of bonds. That's because, when you invest in real estate, you often see a side of humanity that stocks, bonds, mutual funds, and saving money shelter you from.

Before you invest in something, invest the time to understand it

Be careful who you get advice from. I get advice from people who are where I want to be.

My company survives because I've learned to respect the ideas of people younger than me and recognize when my wisdom is obsolete.

If you're still doing what mommy and daddy said for you to do (go to school, get a job, and save money), you're losing.

Successful people take big risks knowing that they might fall hard. But, they might succeed more than they ever dreamed, too.