Ken McElroy's quotes, sayings

Find someone who's actually done it

Find a great mentor - someone who's actually done it. There are plenty of teachers and gurus out there, but dig deep and find someone with real experience. Then pay close attention and listen.

Ken McElroy

What's the worst financial advice?

You can't save your way to wealth. If inflation is 2–3% and your money earns only 1–2% in the bank, you're going backwards - your purchasing power is being eroded by inflation.

Ken McElroy

Step out of the system, then use it

Once you understand the system - Wall Street takes money from Main Street and lends it back to guys like me - you just step out of it and use it to your advantage.

Ken McElroy

Why grades don't build empires

The C students run the world.
The B students work for them.
The A students are the doctors, the lawyers, and the CPAs.

Ken McElroy

Free mentorship people are scared to ask for

I've never paid for a mentor in my entire life. Walk up to someone and say 'Can I buy you a cup of coffee?' - they almost always say yes, especially because most young people don't have the balls to do that.

Ken McElroy

Mentorship is not a scam!

My turning point to financial freedom started with mentors. It started with reading books and learning from people who had already achieved what I wanted.

Ken McElroy

Your circle of friends is bigger than your paycheck.

Ken McElroy