Are You Filling Buckets Or Building A Pipeline?
Take a close look at your life right now and ask yourself this important question:
“Am I filling buckets or building a pipeline?”
Think of it this way. Say you discovered oil on your property. Wow you are rich right? Not yet. You have to move that oil so it can be sold and in fact lets say you have to move it 5 miles from where you are at.
Which way is fastest?
1. Filling up buckets of oil and carrying it 5 miles
2. Building a pipeline so the oil can flow the 5 miles
Of course you say #2 is the fastest right?
It will be the fastest once you get the pipeline built but that is going to take some time right? The easiest way is to fill up buckets and carry or drive them and them come back and do it again and again and again.
After a while of carrying bucket after bucket that pipeline idea sure sounds like a good idea!
After you get the pipeline built, that oil will continue to flow day and an day out, no matter where you are in the world. Sure you may have to do a little maintenance from time to time but there is no arguing it is the best way to go.
…but it’s not the easiest.
So lets take this example and talk about activities in your financial and business life that this can be applied to.
Examples Of Filling Up Buckets
- Working a job where you trade time for money
If you stop working, you run out of money. If you want more money you have to work more (you have to carry more buckets)
- Running a traditional business
Lets say you own a franchise or other business that requires a lot of employees and overhead. Yes you are the boss but you are married to that business and it requires to you fill up a lot of buckets to keep things running. Yes you can get employees to fill and carry buckets that’s true. But talk to most business owners and they will tell you that their traditional business owns them.
- Running an Internet Marketing business where you focus on product launches
Ok you ready for the dirty little secret that most Internet Marketers won’t tell you? Most online marketers focus on product launches or promotions that are one time deals. They are constantly running from promotion to promotion to stay a head and make it work for them. They are in essence filling buckets and sometimes they run out of buckets or their buckets disappear over night…Google Slaps, Facebook changes, technology changes, etc.
Examples Of Building A Pipeline
- Investing in a retirement plan or long term investment strategy
Most people never save any money or not enough. Start investing a small percentage of your income each month and over time you will build a “Pipeline” of income that grows and grows.
- Investing in yourself and others
Taking the time to work on your self-development and helping others do the same. When people feel better about theselves, they want to accomplish more in their life and this generally leads to more financial prosperity. This is a pipeline you should invest in.
- Starting a home or online business that focuses on continuity, passive/residual/leveraged income
Starting your own home business that has already been proven to create long term income that can grow each month with the power of leverage. It’s a great feeling to wake up in the morning and see that your business made money from work that you did months and even years ago. It’s an even better feeling to see what leverage can do for you. One day you will wake up after your hard efforts and see thousands and thousands of others just like you that are working for the same cause…and you are getting a small piece from everyone of them. All those small pieces can had up to be HUGE. That is the ultimate pipline!
Is building a pipeline hard?
Of course if you follow a mentor and look to others who have already done it, it is much easier.
Is building a pipeline worth it?
I guess you have to answer that question yourself!
For me the answer is pretty easy!
If you are looking for a way to build your pipeline and want an strong mentor and system to help you do this…I encourage you to check out the video below.
…and follow the simple steps. It’s working for me and thousands of others out there online.
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