Customer Reviews

The Parable of the Pipeline: How Anyone Can Build a Pipeline of Ongoing Residual Income in the New Economy

5 star:		(6)
4 star:		(7)
3 star:		(1)
2 star:		(1)
1 star:		(0)

 

 

This is not a how to book. This book is for people who need help understanding the concept of passive income. Income that shows up whether you do or not! This will get you thinking creatively as to what types of pipelines of income you can create for yourself and your family. How about a virtual pipeline? Most people think the only way to get wealthy is to get a higher paying job. This book helps the everyday person shatter that myth!

I have read with concern some of the reviews on this book. With the exception of the positive ones, I would be happy to find out if the critics have made their millions already.

For us in Africa, there has been an average of about 56% return on investments, particularly in the Kenya, Nairobi Stock Exchange (NSE), Ghana and Johannesburg Stock Exchange (JSE), South Africa. This book offers great advice on what otherwise has often seemed difficult to do; saving consistently & investing wisely.

Whether you are leveraging time or money, the analogy of the power behind the Pipeline is a welcome reprieve to many people. From those who are making the transition from full time jobs to doing their own business, those learning to set up their own businesses, and those in investment clubs investing in building big businesses, those who are planning to retire early and want a successful future and have never known how to do it, as well as the ignorant and plainly niave.

It is a must read! especially because of the candid and vivid examples it gives. On the one hand, legendary successful families like the Vanderbilt's, Firestones, Fords, Rockefellers, and on the other hand people who have showed restraint and discipline like Pablo, the small time elementary school teacher the Dentist who got arthritis and Bruno.

Just read it, live your dreams and let the sceptics and sleeping dogs lie.

The parable in this book is an eye openner. The story is well done and interesting. The story was helpful in openning my eyes to the work mindset which had been ingrained into me since a child. Learning about building pipelines, which is residual income, was excellent. I highly recommend this book personally and for business building.

The problem for many people is that we 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 us shift from working our whole life and having little in the end, or becoming a business owner and getting financial freedom. This book goes along well with Rich Dad Poor Dad and Cash Flow Quadrant by Robert Kiyosaki - cheers

an excellent book as it is easy to read, simple story. It clearly explains the differance in the two classes of people, those who trade their time for Money, and those who invest their time into a system that will generate money. Those who choose the security of a job, will not understand the one who is looking for more, saying they are a dreamer, their heads are in the clouds. Let them say this is all fluff, but to the one who is just starting to look at a differant road, not the 45 year plan, this book will be exciting, and easy to understand. You will begin to see things in a new light, whats happening around you and your world.

The Parable of the pipeline is a captivating story with a serious message on how one can achieve personal and financial freedom. Instead of leaving from pay cheque to pay cheque every month for the whole of one's life, the author is advocating something better and smatter. From one's salary, one needs to put aside residual 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, one is trading time for a pay cheque (a day's work for a day's pay) but if one falls ill and is no longer able to work, the pay cheque also stops and life grinds to a halt for those people who never thought6 of investing in a pipeline, but instead were to content live from month to month on their salaries.

It is a fine little book that I read in a couple of hours. It is a great way to feed your mind with a change of mindset of what is possible. Everybody must know that in this day and age, job security is a joke and you have to mind your own business. The parable is greatly told and there are great examples through out the book of possible outcomes in the financial life's of different people.

It is not a book about network marketing, although the author concludes ultimately that it is through the leveraging of your time and relationships coupled with a system in the internet you can achieve financial freedom. Building networks, and network is what makes the rich rich. Invest in a part time network marketing business while you keep our job, start buying assets that generate income. That is the path I am on.

This book was an excellent easy to read "story" that demonstrated the value of networking, leveraged systems, and long term residual income. Entertaining method to learn quality information.

David G. Stokes provides a great review. One more point I want to add is not to be misled to network marketing or multi-level marketing by a good story.

If you really want to build the pipeline, why not read Ben Graham and Pilllip Fisher's books which lead Warren Buffett to his great success?

Security Analysis: The Classic 1951 Edition

Common Stocks and Uncommon Profits and Other Writings (Wiley Investment Classics)

This book was not meant as a complete how to type manual, nor a book to answer all questions and to teach the secret of success. The simple introduction to important concepts that most people have a hard time grasping is this book's forte. After reading this book it would be a good idea to get together with a serious IBO involved with Quixtar and ask them to explain what the next step would be. Other businesses such as Mary Kay, Vitamin distributors or other Network Marketing businesses could also use this book as a training aid. I mention Quixtar because we use this book to introduce our business in a simple understandable format.

Creating a residual income is the true route to wealth, as I doscuss in my book, "The Millionaire's Secret."

Over the years I have dedicated myself to various jobs following the so-called 45 year plan. As Jim Rohn was quoted in another review here, you work to make a living, but you build business systems and investments that create wealth. the message of this book is sound and well worth reading.The Millionaire's Secret: A Handbook For Building Wealth In Tough Times