Jun 25, 2008

Can Life be Better?

Out of 100 persons at retirement

1 : will be Rich
4 : will be Independent
5 : will be Still Working
11: will be Dead
79: will be Broke or Dependent

Which one we want to be?

Most important things in Life Is Not Working Hard But Making The Right Choice. What we want is not life without style we want lifestyle with personal freedom and future security. Freedom in term of Time and Money.

Making the right choice meaning choose the correct vehicle to the destination we wish. We have the following CHOICES:-
1. A Successful Job
2. A Successful Business
3. A Successful Investment
4. A Successful Pipeline

We can have a successful job and a successful business but is that secure? There is a bottleneck, there is a risk if we cant continue to work, we have to keep working hard to earn more money. At the time we got money we don't have time to enjoy life. A successful investment need a capital, an expertized, need to take risk.

To be one or four out of the 100 persons at retirement - RICH or INDEPENDENT, we need to have a successful pipeline with multiple stream of income with Passive Income. Most people think the only way to get wealthy is to get a higher paying job. Build a successful pipeline instead of be a bucket carriage to enjoy freedom in term of time and money.

I strongly recommend this book "The Parable of the Pipeline" the author Burke Hedges explains how virtually anyone can leverage their time, relationships, and money. This book is for people who want understanding the concept of passive income.

No comments: