Un Chorrito Vale Mas Que Mil Quincenas! Estabamos viviendo en una de las decadas economicamente mas afluente de la historia. Aun asi millaresde personas estan viviendo de quincena en quincena trabajando mas y mas horas. Solamente para mantener su estilo de vida.
Burke Hedges is an extremely well known Author, speaker, and trainer in the Network Marketing industry. He wrote “Who Stole the American Dream” which was the #1 selling book in the entire history of Amway.
A small and a simple book but filled with a gem of advice about being free financially to pursue your life. Our accumulated wealth or unpaid bills are not a matter of our luck but a matter of our choice. We want short term bulk of income or a lifetime of wealth.
This book makes you think, what you want to be a Pipeline Builder (wealth accumulator) or a bucket carrier (short term good earner) ? If I talk about writing, the book is very well written, easy to understand and very easy to read.
I liked the way Burke has explained the parable of pipeline building by the tales of Pablo and Bruno, and, Paul and Bruce, because it really made the not so difficult concept to understand, so easily via storytelling.
Okay, so you always wanted to live like a millionaire and to leave a legacy behind? Great! Don't stop wanting that, because you are getting it soon, but before that please show the courage to read this book well.
For some reason, Amazon sent me this book by surprise. It's super short, so I gave it a go.
It's a worthwhile concept and something everyone should be thinking about. But the book is fairly simplistic, and about 2/3rds of the way through devolves into an awkward and outdated sales pitch to start a referral-based internet pyramid scheme.
This book was recommended by one of my friend.I would say it's a very knowledgable book. This book tells us about the people who are working as employee/self employed and about business people. Author relates all self employed, employees as a bucket carrier job which will stop pumping moneys once u stop carrying bucket. In today's world pipeline is the only way to live. Pipeline is referred as investment in this book. Would suggest all to read this book once in life time. Would say it's a awesome Goodread.
The book gives a very simple analogy regarding financial management that is know to most of us already. Yet it revisits the very basic lesson very well. Very small and quick read. Not a bad book to give to a 8 year old, he may find something that he didn't already knew. The thing one wonders about is that if so many people already know about the principle explained; why they fail to implement it in their lives.
This book is a must read for all those who are aspiring for a secure and financially independent future. Even if you are great at your bucket carrying job, I m sure you will be inspired to adopt a short term or long term pipeline method after reading this book. So enjoy!
This books gives a great analogy on what it is to have a passive/residual income and what it involves doing. I recommend this book for anyone who wants to know more about creating a passive/residual income.
More like 2.5/5. The written style resembles that of the "The Richest Man in Babylon". Good for someone just starting out their Personal Finance journey - answers the "What" effectively but has little to offer in terms of "How". For more experienced readers in this genre - not very informative!
I read this book on a rainy day. It was lent to me by a colleague working in the business division of the multinational company I was working for.
I noted down various lessons from the book. The first one is an advice to the writer from his father, “Never take anything for granted.” The author narrates a story of how two friends worked from 9 to 5 carrying buckets from one place to another. One friend started to invest his evening and weekend hours on building a pipe. He created the pipeline and the bucket job became obsolete.
According to the writer, “Your pipelines are your lifelines.” These pipelines happen to be business streams which should be diverse (short term or long term). These pipelines are open 24/7/365. They pay when we sleep. We must ask ourselves whether we are the bucket carriers or the pipeline builders. On that note, Hedges writes, we go to school to carry buckets. We work hard and earn the right to carry even bigger buckets. We move jobs from Bucket Company A to Bucket Company B. Then we pay for our kids to learn to carry these buckets. Plastic buckets, metal buckets, digital buckets, you name it! He quotes another writer on the fact that carrying buckets is not the same as creating wealth: “How do you become wealthy? Here, too, most people have it wrong. It is seldom luck or inheritance or advanced degrees or even intelligence that enables people to amass fortunes. Wealth is more the result of a lifestyle of hard work, perseverance, planning, and, most of all, self-discipline.”
It is important to leverage time, money and relationships. “Time is money”! It is far more important to leverage time since we aren’t born with the same amount of money, but we have the same amount of time. It is important to work smart for long hours as well! He gives the example of Ford who built one car to fit everyone’s needs. Ford remarked for model T:
“You can have any color you want as long as it’s black.”
Alfred Sloan at General Motors knew that customer is king and he remarked:
“A car for every purpose and purse.”
Sloan’s business acumen resulted in General Motors rising above Ford.
Book name : The Parable of the Pipeline Author Name: Burke Hedges Category: Non fiction
This is one of the best short finiancial books available in the market. It really changes your prospective towards money. This book shows the proven strategies that average people can follow to create true financial freedom for themselves and their families. These strategies are simple to follow and time tested too.
The author explains these strategies with a simple story through the characters Pablo and Bruno. Pablo and Bruno are two good childhood friends. They are looking for an opportunity to earn money. Once they know that, people are struggling to fetch water from the well. They got up an amazing idea of fetching water in a bucket from the well and hence to earn money. They wake up early in the morning and work till late nights to carry more buckets. Yes! Pablo and Bruno became bucket carriers. They work really hard to earn more money. But they fall in "Time for Money" trap.
Once, Pablo understoods this, he wants to build a pipeline. He suggested this idea to Bruno, but Bruno rejected this because he doesn't want to make a change and started carrying buckets. But Pablo starts his works to build an own pipeline without Bruno. He carry buckets in morning and working for pipeline in night. Sacrifices all his weekends for building a pipeline. People criticise his idea and him too. After the course of time, Bruno become more rich and old too. He can't carry buckets anymore. With ever give uping mindset, Pablo built his pipeline. Yes! Pablo build a pipeline. This pipeline will give water to people even if he his sleeping. And hence he is earning money even in his absence too.Whereas, Bruno stucks in time for money trap and later regrets it.
From this story Author gives us Eight life lessons to build our own pipeline. Whether you are a Bucket carrier or a Pipeline builder? To know the strategies to build the pipeline you should read this book. I recommend for Beginners too.
Lessons learnt: Should need a career that will create an ongoing residual income.
செல்வம் சேமிப்பதன் அவசியத்தையும் முதலீட்டின் முக்கியத்துவத்தையும் எளிமையாக விளக்கும் அருமையான நூல்.
1801 ஆம் ஆண்டு, இத்தாலி. பாப்லோ, ப்ரூனோ இருவரும் வாழ்வில் உயர வேண்டும் என்ற எண்ணமும், கடினமாக உழைக்கவும் கூடிய நண்பர்கள். ஒருநாள் இவர்களுக்கு ஒரு வேலை கிடைத்தது. அதாவது, ஊருக்கு அருகில் ஓடிக்கொண்டிருக்கும் நதியிலுருந்து ஊரின் நீர்த்தொட்டிக்கு நீர் கொண்டுவந்து நிரப்ப வேண்டும். ஒவ்வொரு பக்கெட் நீருக்கும் ஒரு பென்னி சம்பளம். பாப்லோ உடனே மகிழ்ச்சியுடன் ஏற்றுக்கொண்டு வேலை செய்ய ஆரம்பித்தான். ஆனால், ப்ரூனோ எதிர்காலத்தை திட்டமிட ஆரம்பித்தான். வேலை செய்து கொண்டே, ஒய்வு நேரங்களிலும், வார இறுதியிலும் குழாய் அமைக்கும் பணியை மேற்கொண்டான். இரண்டு வருட கடும் உழைப்பிற்கு பிறகு ஊரின் நீர்த்தொட்டிக்கு நீர் வருமாறு குழாய் அமைத்து முடித்தான். அதன் பிறகு அவன் வேலை செய்யாமலே வருமானம் பெருக ஆரம்பித்தது. ஆனால், இரண்டு வருடத்தில் பாப்லோ, பக்கெட்டில் தண்ணீர் தூக்கி மிகவும் சோர்வுற்று, உடல் நலிவுற்று இருந்தான்.
எதிர்கால திட்டமிடலின் அவசியத்தை பாப்லோ, ப்ரூனோவின் இந்த குழாய் வழிக்கதையின் மூலம் விளக்குகிறார் ஆசிரியர்.
படித்ததில் பிடித்த வரிகள்:
"நாளைய கனவுகள் இன்றைய தியாகங்கள் மீது கட்டப்படுகின்றன".
"ஒவ்வொரு அங்குலமாக, ஆனால் உறுதியாக முன்னேறுவேன்".
"குறுகிய காலத்தில் படும் வலி, நீண்ட காலத்தில் லாபம் அடைய ஒரே வழி".
This is a shallow copycat version of Rich Dad Poor Dad (quite something to expect from someone who also authored Copycat Marketing 101).
The book gives you an understanding of the need to save & invest at barely the surface level. Talks about the outdated Multi-level marketing & Affiliate marketing as the only way of building "The Ultimate Short Term Pipeline". Understandable since this book came out in 2001 shortly after the e-comm boom but, nevertheless makes it irrelevant for times now.
A couple of short stories about funny money management were witty but, the book is strictly for a beginner teenager to gain a basic knowledge of making money work for them before they go on to read Rich Dad Poor Dad later in their 20s.
It is a 120-page cruiser, so that's a saving grace.
An eye opener for some people, for some, a mere fairytale. This book transforms into what you want to read rather than what the book wants to preach. A good quick read for young entrepreneurs while a holy bible for job workers pointing out their sins and urging them to diverse their career options.
Why it has been said that from quite a long time that A job is just a temporary solution for a permanent problem of money will be cleared by reading this book.Have started on creating pipeline along with bucket (Job) income.
Tomorrow's dreams are built on todays sacrifice. A very good book, which helps us to understand why a pipeline income is a must. The author explains about two different types of pipeline income and how to use it.
"The Parable of the Pipeline" by Burke Hedges struck a profound chord with me, transforming the way I perceive financial independence and the importance of building sustainable income streams. This parable, which contrasts the immediate gratification of carrying buckets with the foresight of constructing a pipeline, delivers a powerful lesson that resonates deeply with anyone on a journey towards financial security.
Hedges' story is captivating and easily relatable. The simplicity of the narrative, featuring the diligent Pablo and the content Bruno, draws you in and effectively communicates complex financial principles in an approachable manner. I found myself rooting for Pablo, who chose the more arduous but ultimately rewarding path of building a pipeline, reflecting the very decisions we face in our own lives about investing in our future versus seeking immediate rewards.
What I appreciate most about this book is its clarity and accessibility. Financial concepts can often feel intimidating, but Hedges breaks them down through a story that anyone can understand. His conversational style made me feel like I was having a chat with a wise mentor, rather than reading a textbook.
However, as much as I enjoyed the parable, I did find some parts of the book a bit repetitive. The central message is repeated several times, which might be beneficial for some readers but felt a bit overemphasized to me. Additionally, while the story is inspiring, I wished for more practical advice on how to start building my own "pipeline." The book left me motivated but also wanting a more detailed roadmap.
Despite these minor critiques, the impact of "The Parable of the Pipeline" on my mindset has been significant. It reinforced the importance of patience and strategic planning in financial ventures. The story of Pablo and Bruno serves as a constant reminder that true financial freedom comes from thinking long-term and investing effort now to reap future benefits.
In summary, "The Parable of the Pipeline" is more than just a book; it's a mindset shift. It’s a reminder that while the journey to building a pipeline might be challenging, the rewards of continuous, passive income make the effort worthwhile. Hedges' parable has inspired me to prioritize long-term gains over short-term gratifications, and for that, I am profoundly grateful.
J'étais à la recherche d'une idée de projet "repeat business", quand j'ai trouvé le bon livre de Haies Burke, au début je n'ai pas voulu lui donner trop d'importance surtout que j'ai lu presque des centaines de livres semblables édités par la société "Un Monde différent" du Québec (Canada) ! J'étais membre de leur Club de lecture ou chaque mois la société Monde différent m'envoyait des livres à lire ! Alors j'ai décidé de faire un effort de lire le 1er livre de Haies Burke : La parabole du pipeline ! Plus je lisais plus je trouvais que c'est génial ! Woow, j'ai trouvé la clé de ce que je cherchais : Croyez moi je l'ai lu au moins dix (fois), en plus je donnais des séminaires de formation pour les jeunes entrepreneurs et je conseille mes étudiants de le lire en premier ! Il est le meilleur livre pour débuter ! Je ne démarrerai jamais un projet qui n'est pas "un Pipeline de revenus" ! Lisez et vous allez découvrir ce que les prof universitaires ou les meilleurs formateurs n'ont pas compris ! SI vous êtes intelligent démarrer votre projet en suivant le Système "La parabole du pipeline" ! Prof Abdo Maalaoui, retraité et expert en coopération internationale (Montréal, Canada) !
“Whether it's the best of times or the worst of times, it's the only time we got.”
Parable of the Pipeline.
Very simple and a good page turner. Finished it in 2 days.
Learnt a lot of things in the book and the stories were simple and very promising. It's going to be another life changing book for me.
1. Talks many options and gives you data for investment and a few strategies. 2. Talks about Compounding the money into two folds. 3. Learnt about the long term 50 year plan of creating a pipeline and investing. (I like the 50 year plan tbh!) 4. Learnt the 5 year plan. (Does not give in more information. By using a methodology e-compounding you could earn in the 5 years plan) 5. Leant about how time is important and how much time we waste doing the mundane tasks. 6. Stories about how wealthy people who did not make a pipeline always got stuck.
“There are two ways to get to the top of a giant oak tree. You can sit on an acorn and wait. Or you can climb it.”