Monday, May 26, 2008

Book Review - Parable of the Pipeline

The Parable of the Pipeline
(How Anyone Can Build a Pipeline Of Ongoing Residual Income In The New Economy)
By Burke Hedges

From the Back Cover:
One Pipeline is Worth a Thousand Paychecks!

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 work 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. Pipelines keep pumping day after day, year after year, whether you’re 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!

From Me:

I never fully understood the importance of the “pipeline” until I finished reading this book. It was like the lights had been turned on in my head and all of the sudden I knew what I had to do next.
I would strongly encourage anyone, whether you are in network marketing or not, to read this book and grasp the importance of stepping out of the Time-for-Money trap that the author talks about. Once you grab a hold of that information it will radically transform how your look at your job, your business, and your life.

Keep Reading, Learning, and Growing,

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