A winning strategy must include losing.

Being prepared for a job is a good idea for the short term, but it is not enough for the long term.

Losers quit when they fail. Winners fail until they succeed.

Instead of labeling and discriminating against one or the other, we need to learn to blend our gifts and complement our geniuses.

Rule One. You must know the difference between an asset and a liability, and buy assets. If you want to be rich, this is all you need to know. It is Rule No. 1. It is the only rule. This may sound absurdly simple, but most people have no idea how profound this rule is. Most people struggle financially because they do not know the difference between an asset and a liability.

In the real world, the smartest people are people who make mistakes and learn. In school, the smartest people don't make mistakes.

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