Sunday, December 26, 2010

One Pipeline is Worth a Thousand Paychecks

Hi guys,


Hope you are having a great day while you are reading this post!


This post is to share on the book that I am currently reading. It is "The Parable of the Pipeline" by Burke Hedges. It is really mind boggling and I believe those who really want to be successful and need a proper guidance must read this book. No second thoughts guys! Believe me...


Here is what the author has to tell something about the book or more accurately about reality:


"We're living in the most affluent economy in decades. Yet millions of people are still living from paycheck to paycheck, working longer and longer hours just to stay even.


Why? Because they bought into the wrong plan! They've fallen for the Time-for-Money Trap. You know, a day's work for a day's pay. A month's work for a month's pay. Sound familiar?


Whether you're a $10,000-a-year dishwasher or a $100,000-a-year doctor, you're still trading one unit of time for one unit of money. You're still living paycheck to paycheck. As for "job security" - if you can't do the job because of layoffs... illness... injury... or retirement - the paychecks stop! 


Where's the security in that?


How do you escape the Time-for-Money Trap? By building pipelines of ongoing, residual income. With residual income, you do the work once and get paid over and over again. That's why one pipeline is worth a thousand paychecks. Pipeline keep pumping day after day, year after year, whether you are there to do the work or not.


Now, that's security - true financial security!


The Parable Of The Pipeline will teach you how to build pipelines so that you can make the leap from earning a living today... to enjoying a lifestyle tomorrow!"


Wow! That's interesting and inspiring isn't it? Read the book and learn from the master! Happy reading!



Suresh
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