The Parable of the Pipeline |business, self-help book | old unused book
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Conditions: old unused book| In good condition
May have stain and brownish edges of the book
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Title: The Parable of the Pipeline: How Anyone Can Build a Pipeline of Ongoing Residual Income in the New Economy
Author: Burke Hedges
ISBN-13: 9781891279058
ISBN-10: 189127905X
Publisher: International Network Training Institute
Publication Year: 2001
Language: English
Format: Paperback
Genre: Business, Personal Finance, Self-Help
Subject: Financial independence, residual income, entrepreneurship
The Parable of the Pipeline: How Anyone Can Build a Pipeline of Ongoing Residual Income in the New Economy is a popular personal-finance and motivational book that explains the concept of residual income and financial independence through a simple story.
The book tells the story of two characters, Pablo and Bruno, who live in a village where people must carry water from a river every day to survive. Carrying water represents the traditional way of earning money—working continuously for income. Pablo decides to spend time building a pipeline that will bring water directly to the village, while Bruno continues carrying buckets for daily pay.
At first, Bruno earns immediate income while Pablo struggles to build the pipeline without reward. However, once the pipeline is completed, water flows continuously with little effort. The story demonstrates the power of building systems or investments that generate ongoing income, rather than relying solely on active work.
Through this parable, Burke Hedges explains how people can create financial security by developing sources of residual income such as investments, businesses, or network-based income streams. The book emphasizes long-term thinking, smart leverage of time and relationships, and building financial pipelines that provide income even when you are not actively working.