The Parable of Pipeline Summary & Review | Burke Hedges

The Parable of Pipeline Summary & Review 1Pablo & Bruno Story

          Two friends lived in a village in Italy. Pablo and Bruno both had big dreams and wanted to be the richest men in their village. Pablo and Bruno were very Hardworking and Intelligent. They were just looking for an Opportunity and one day they got that Opportunity too. The village needed two men to fetch water from a nearby river, and this task was given to Pablo and Bruno. The villagers used to pay him a penny for a bucket of water.

          Bruno thought his dream was about to come true, but Pablo was still a little confused. Because of lifting those heavy buckets, Pablo’s hands started hurting a lot. So, Pablo started thinking of different ways to bring water to the village and he came up with an excellent idea. He said to Bruno, I have an idea. By laying a pipeline from the river to our village, we will avoid having to lift buckets every day.

          But Bruno was not interested in this idea, because he used to get instant money from work. That’s why he ignored Pablo and started carrying more buckets to earn more Money. But Pablo started working slowly on his plan. He would fill buckets for half the day and spend the rest of the day working on building pipelines. He knew that this work would be very difficult and by doing this , His income would also be very low for some time. He also knew that building a pipeline was not an Easy task. It may take at least a couple of years to construct it.

          But he had full faith in his idea. That’s why he continued to build the pipeline. After a few months, Bruno and the villagers started laughing at him, because nothing much happened in a couple of months. That’s why the villagers used to make fun of him by calling him “Pablo the Pipeline Man” and on the other hand, Bruno, who filled buckets, had doubled his income. He had bought a Big House in the village. His lifestyle had completely changed.

          Because of this, the villagers used to call him ” Mr. Bruno “. While Bruno was having fun on the weekends, Pablo worked as a pipeline builder. Pablo’s work was very difficult. That’s why he would always remind himself that tomorrow’s dream would be fulfilled only because of today’s sacrifice. Pablo knew that Short-term pain is Long-term gain. That’s why he kept on working day by day to lay pipelines.

          A few months later, half of Pablo’s pipeline was built, so he only had to come halfway to fill the water. In this way , He was able to save a lot of time and began to devote more time to the pipeline building process. After a few months, Bruno realized that his body was completely exhausted from lifting such huge buckets every day. Now he could not fetch as much water as before, due to which he became very upset and people started calling him “Bruno the bucket man” and like this, the months passed. But Pablo continued working on his pipeline and within a few years he completed the pipeline.

          Now, instead of carrying buckets, Pablo used to give 24/7 fresh water to the villagers from the pipeline, which led to Pablo Earning much more than before. Now the situation had become such that even if Pablo did not work i.e. If he was sleeping, having fun, or roaming around, he still earned Money. On the other hand, “Bruno the Bucket Man” was unemployed because of Pablo’s pipeline, and the villagers got as much water as they wanted from Pablo’s pipeline.

          Now think carefully. Are you a bucket carrier or a pipeline builder? You have to get to work every day like “Bruno the Bucket man” to make money, or like “Pablo the Pipeline Man” to work very hard for a while so you get paid while you are sleeping. In this bucket- carrying world , we are taught that if you want to earn more Money, You have to work harder. More buckets will have to be lifted. You have to trade more and more of your time which is not true.

          The author says that if you want to look rich, spend whatever income you have and you will look rich. But if you want to get financial freedom by accumulating Wealth , then you need to start saving your Money. Because wealth is money that is never spent. You cannot tell by looking at someone whether they are wealthy or not because wealth is hidden. Whether you are interested or not, Health and Wealth affect your life in some way.

          Talking about health today, science has made a lot of progress. Scientific studies have started to reveal how the Human body works. We have Doctors to tell us the solutions to Health problems, but we do not know whose advice should be taken regarding Wealth problems.

          People don’t even know how Money works. People are still afraid of Investing and even today people get trapped in debt due to a lack of financial literacy. Today , North Americans do the most work compared to all other Countries , much more than the Japanese , but still , their consumer debt is at an all-time high. He does an extra job to earn more Money. But why so? When being a bucket man is so bad, why do most people still follow this lifestyle?

          Well, the answer lies in our upbringing because our entire Education system only teaches us how to become Bruno the bucket man, and get a secure job. But nobody taught you to think like Pablo the pipeline man. You must be thinking that those who have high paying jobs must be happier than others. However, the author argues that this job is only an illusion. No matter how high your salary is, as long as you have to sell your time to earn Money, you will be stuck in this bucket carrying world.

 

Darryl Strawberry & Margaret O’Donnell

Darryl Strawberry, The Parable of Pipeline Summary & Review 2

          Darryl Strawberry was a very successful baseball player who earned up to 5 Million dollars a year just playing baseball. And by combining the income generated from different brand deals and personal brands, he had already earned $100 Million before his 40th birthday. Now you would think that after getting so much Money, he would never have faced any Financial Problems, but it was not so. After Strawberry was suspended from baseball, he had no income source. But , After some time it became apparent that he did not even have any savings to support his Wife and 3 Children. So now the question is, What happened to his $100 Million? Well, he spent all that money. An expensive house, sports car, luxury life, and drugs and alcohol destroyed all his wealth.

          On the other hand , in a small town , there lived a School teacher named Margaret O’Donnell. She had been teaching in the same school for the last 50 years, where her salary was just a few 100 dollars. But, When she Died at the age of 100, It was found that his Net-worth was almost 2 Million dollars. Now you must be wondering how this could be possible?

Margaret O'Donnell, The Parable of Pipeline Summary & Review 3          How can a woman with such a low income become a Millionaire? The idea is very simple. Margaret may have been carrying small buckets in her low paying job, but at the same time, she was consistently investing a small amount of her income every month in stocks, thereby building a long-term pipeline of her own. On the other hand, Darryl Strawberry never thought of building his pipeline even after earning Millions of dollars by carrying big buckets.

          After researching many different things like people’s lifestyle, income, health, and education, psychologists have come to know that the happiest were those people who controlled their own lives. It is said that Money doesn’t buy Happiness . It is also true that , “Your Happiness does not depend on Money , but depends on the Freedom you get from it”.

          All the books that were written before 1440 were written by hand. For the result of one hour, humans had to work for one to two hours on average. And it used to take years to publish a book. But then Gutenberg built the world’s first printing press, and a 100-hour job could be completed in just one hour with the machine’s leverage. Similarly, CEOs of companies take advantage of their time by hiring employees for their work. Suppose you want to open a restaurant, then you cannot do the work of a dishwasher, waiter, and chef alone. You can only do one thing at a time. However , When you hire Employees , You are taking advantage of their time , Which means that you are doing many things at the same time. Today we have the best leverage tool, which is “The Internet”.

Internet, E-Pipeline, The Parable of Pipeline Summary & Review 4

          Today, to Build a Pipeline, You do not need to bring water from the river. You can build your pipeline with the help of the Internet by working whenever you want while sitting at home. Here you can create content and convey your message to Millions of people.

          Now you can build an online store that will be open 24 by 7 without your involvement. The customer can buy your products anytime by visiting your website. This author calls it the E-Pipeline, which is the most effective pipeline of the 21st century. Now whether you are sleeping or on vacation, this lifeline will continue to generate money for you. Now believe it or not , the Internet is the most reliable pipeline in the 21st Century.

 

Thanks for reading!!!! Until then, keep learning with Financever.

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