The Story of the Pipeline Lesson 6 _ Yan Qin

Lesson 6 Using Time: People's Pipeline

When Bruno slept in a hammock at night and on weekends, Bobolo continued to dig pipes. In the first few months, Popolo's efforts did not make much progress. He works hard ―― even harder than Bruno, because Barrow works at night and weekends.

There is an old Arabic proverb that sums up the difference between leveraged funds and time:

There are two ways to climb to the top of the tall oak tree: you can sit under the tree and wait, or climb up.

When people spent decades borrowing to build pipelines, they chose to do nothing. I call it the "50-year pipeline plan", which is reorganization. After many years, wait patiently for your money to appreciate behind closed doors.

There is no doubt that the 50-year pipeline plan is effective. Remember Margaret. How did Donna's pipeline turn her from a low-income teacher into a millionaire?

Like Margaret. Like Donna, I am also keen on building long-term pipelines. Over the years, I used part of my income to build it? Quot Palm Beach Pipeline "> I invest in pensions, stock IRAs, real estate and so on. This is called diversification. It's called building a lifeline.

But I am also keen on climbing oak trees.

I call it the five-year pipeline plan. You can achieve the same goal as the "50 Plan" and get financial freedom and security, but it takes 65,438+00% time!

So I spent time, money and energy to build several fast-growing enterprises. I can climb to the top of the tree in two to five years by starting a business, instead of waiting for 50 years to climb to the top of the tree.

Fair play

The beauty of leveraged time is that everyone's time is the same. This means that time makes the income competition between the rich and ordinary people fair. Whether you're Donald. Trump or Donald truck driver, everyone has the same time every day.

So I call the time lever "the pipeline of people". Time is the same for everyone, whether poor or rich, men or women, black or white, college students or high school students, young or old. But the money is different, right?

Think about it. If you are like everyone else, you must have 1440 dollars in your private bank at the beginning of every day. Isn't that great? This money is yours, only yours. Nobody told you what to do with it. You can melt it, invest it, burn it, throw it away or use it, or waste it. You know, when I woke up the next morning, the bank teller had another $65,438+$0,440. If everyone starts from $65,438+$0,440 every day, will the world be better and fairer?

But everyone clearly knows that this is not true. When it comes to the life of Qian Ye, it is unfair. Some people are born with golden keys, some people are born with plastic keys, and some people just point out that they are born with thumbs. Is it fair? I'm afraid not. But as the song goes, "This is life."

We don't have 1440 in the private bank at the beginning of every day. This is a fact. However, in terms of time, we really started from the personal time of the same account 1440 minutes (24 hours/day *60 minutes/hour).

Since we all have the same amount of time, the difference between those who live on wages and those who are financially free is that they use 1440 minutes every day in different ways!

You have more time than you think.

Some people delayed the construction of the pipeline because they thought that "now is not the time". Guess, now is not the time! We are all under pressure. We are all very busy. We are all busy dealing with emergencies. There is a word to describe these anachronistic times.

This is called life! Some people waste their lives waiting for the "best time" to do this and that. Well, wait until the day of death, because there is no "best time". If someone tells you that as long as you sit at the foot of the wall and knit sweaters for two hours every day for one year, you will have time, right?

It doesn't matter if your son breaks his arm on the playground, or if you find that the car won't start after work. For this million, you will find time to knit a sweater for two hours. It doesn't matter whether time is the best or not. ARTBUCHWALD, a humorous artist, put it this way: Whether this is the best time or the worst time, this is our only time.

Sadly, most people take time for granted and treat scattered time specially. We often use years, weeks and days to calculate time instead of hours and minutes. We work from nine to five from Monday to Friday. We plan our time according to the monthly calendar and celebrate our birthday or anniversary once a year.

But the surprising fact about time is that every few minutes here and there add up to a lot of time! For example, do you know how much time an ordinary person spends eating in his life? 1 year? Two years? The answer is six years. Surprised? Here are some other trivial time statistics:

The time we spend on trifles every day.

Six years.-Eat.

Five years.-line up.

Four years-cleaning the room.

Three years-cooking.

Two years.-call back.

1 year-looking for misplaced things.

8 months-open spam.

Six months-when the red light turns green.

Calculate, 22 years just disappeared from your life! This proves that 15 minutes here, 30 minutes there and two hours add up to what a huge time.

Hours can turn into months.

Think about it, what will happen if we spend a few hours every night or weekend doing something purposefully, such as building pipelines? If you work eight hours a day, one hour before going to work in the morning, one hour after work in the evening and three hours on Saturday and Sunday, then your effective time in a week will be increased by 16 hours.

A week 16 hours, 50 weeks a year, that is, there are more than 800 hours in a year, which is equivalent to 100 8-hour working days, that is, an extra 8-hour working day in a year is 3 months 10 days. All you have to do is to set aside 2 hours a day and get 3 months of effective time a year. Isn't it amazing?

Time is money.

Now I'll tell you a secret: effective use of spare time is one of the keys for successful people to have more time, do more things and return more. You think Bill? Gates gets off work at 5 o'clock every day like an ordinary American adult and goes home to watch TV for 7 hours?

no

A recent article in the Wall Street Journal said that the richest 10% people in North America work 52 hours a week, while the poorest 10% people only work 45 hours a week.

This 10% people not only have to work long hours, but also work smarter! In other words, they have no time to change money. When you walk into the convenience store, you can't see Michael. Jordan buys lottery tickets and beer behind the counter. Successful people from all walks of life cherish time. They look for every opportunity to use their time.

There is no waste, no need.

People often ask me, now everything is going well, why build a pipeline? They said they should relax after a busy day in the office. They reward themselves by lying in comfortable massage chairs and watching TV until they fall asleep.

"Life is beautiful," they told me. "Get a job and save some money in the bank. The children are doing well in school. There is no need to break the peace. "

At this time, I told them that there was no better time for pipeline construction than when everything was going well. Why? Because the tide is low, you will be late.

I told them an old joke: a man lived on the 30th floor of a luxury hotel overlooking Central Park in Manhattan. He opened the curtains and windows, and was preparing to enjoy the scenery. At that moment, he was surprised to see a man fall from the window.

"How do you feel?" He asked the man who fell.

"Good-so far." He replied.

The problem is that many barrel carriers in the world are doing very well-until now! But they cannot be free forever. As long as people exchange time for money, there is no safety net in their lives. Why? Because when he was sick, injured and fired, his salary stopped.

For those who carry buckets, no salary means no security.

The fable of ants and locusts

When I wrote this book, consumer confidence was rising. Unemployment rate is low, income is increasing, household consumption is at the highest level in history, car sales are growing rapidly, and most people have a good life-until now.

But we can't always take "until now" as "forever". Everyone knows that life has cycles, and so does the economy. Now the economy is almost at its peak. Your own life cycle should be at its peak.

But what goes up always goes down. When people fall, some people get into trouble: they are fired. Change careers. Credit card debt. Medical emergency. Take care of elderly parents, etc.

Smart people understand that the best time to find a nest is during the economic boom. Smart people build safety nets before recessions, not during recessions. So I tell people that today is the best time to build pipelines, not when the economy is in recession.

It's like the story of ants and locusts. Ants are pipeline builders. They use part of summer to store food for the coming winter. It also likes summer, but it is wise to spend time building pipelines.

On the other hand, locusts carry buckets. As soon as he got the money, he spent it all. He spends all his time playing in the sun, ignoring the coming winter. He didn't prepare a suitable pipeline, so he had to starve to death.

Pay me now or later!

Do you remember the famous advertising slogan "Pay now or pay later?" This is the same as the construction of pipelines. You can "pay" now, start building the pipeline today and "pay" later. When you are in your sixties and seventies, you will struggle to live on a meager social security check.

Think about it, if your pipeline has been installed, you will be rewarded in the future, not nothing!

What a wonderful concept!

Time lever: a channel for men

Remember-in the arena, everyone has the same time!

Not everyone has the same amount of money to use.

But we have the same time to use!

By using your spare time wisely, you will establish a channel that can give you years of returns.

We are lucky to live in an era when everyone can use time to build pipelines. It wasn't like this before. At the beginning of the twentieth century, only the very rich could spend their time in luxury. In 1890, all workers work ten hours a day. They are too busy making a living to think about using their time.

But today, more people have more free time than before. Time is the fairest! Time makes insignificant little people compete with business giants. The rich don't have 48 hours a day, and the poor don't have 12 hours a day. They all have the same time ―― 24 hours a day, 7 days a week and 365 days a year.

The greatest time lever tool in history

Today, pipelines are no longer the patent of the rich. Everyone who has a little time or often drives a car can use time to build a "human body pipe" in two to five years, and he will continue to drain water for many years or even decades.

In fact, we have the best time lever tool in the world! It created a millionaire in a shorter time than any invention in history.

We call this magical tool "electronic pipeline", which is the ultimate tool to use time. You may have heard of its other name, the name that keeps flashing on TV and newspaper headlines for 24 hours.

What's its name?