How Anyone Can Build a Pipeline of Ongoing Residual Income in the New Economy.
The Parable of the pipeline is a captivating story with a serious message on how you can achieve personal and financial freedom. Instead of living from pay check to pay check every month in a job for the whole of one's life, the author is advocating something better and smarter. From one's salary, one needs to put aside income for investment. This the author calls building a pipeline. An investment yield returns all the time, any time of the day, in good and bad times, whether one is sick or not. Just like a pipeline, which once constructed keeps pumping daily, year in, year out, whether one is there or not. With a paying job, you are trading time for money (a day's work for a day's pay) but if you fall ill and are no longer able to work, the pay check also stops and life grinds to a halt for those people who never thought of investing in a pipeline, but instead were content to live from month to month on their meager salaries.
The parable in this book is a real eye opener. The story is well done and interesting. The story is helpful in opening your eyes to the work mindset which had been brainwashed into most people since childhood. Learning about building pipelines, which is residual income, is excellent in today's information age economy. Not yesterdays industrial age economy, which does not work anymore. I highly recommend this book personally and for business building.
Stop Carrying Buckets and Build Pipelines
The problem for many people is that they are trained to work a job and have not learned how to own a business. This book teaches principles on business ownership. The story is told in such a way to help you shift from working your whole life and having little in the end, or becoming a business owner, obtaining financial freedom, and wealth. This book goes along well with Rich Dad Poor Dad, Cash Flow Quadrant, and Business School by Robert Kiyosaki.
The Parable of the pipeline is a captivating story with a serious message on how you can achieve personal and financial freedom. Instead of living from pay check to pay check every month in a job for the whole of one's life, the author is advocating something better and smarter. From one's salary, one needs to put aside income for investment. This the author calls building a pipeline. An investment yield returns all the time, any time of the day, in good and bad times, whether one is sick or not. Just like a pipeline, which once constructed keeps pumping daily, year in, year out, whether one is there or not. With a paying job, you are trading time for money (a day's work for a day's pay) but if you fall ill and are no longer able to work, the pay check also stops and life grinds to a halt for those people who never thought of investing in a pipeline, but instead were content to live from month to month on their meager salaries.
The parable in this book is a real eye opener. The story is well done and interesting. The story is helpful in opening your eyes to the work mindset which had been brainwashed into most people since childhood. Learning about building pipelines, which is residual income, is excellent in today's information age economy. Not yesterdays industrial age economy, which does not work anymore. I highly recommend this book personally and for business building.
Stop Carrying Buckets and Build Pipelines
The problem for many people is that they are trained to work a job and have not learned how to own a business. This book teaches principles on business ownership. The story is told in such a way to help you shift from working your whole life and having little in the end, or becoming a business owner, obtaining financial freedom, and wealth. This book goes along well with Rich Dad Poor Dad, Cash Flow Quadrant, and Business School by Robert Kiyosaki.
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