| Once upon a time there was a little village. It was a | | | | and yet had a secured source of income. He could |
| great place to live except for one problem - there was | | | | spend more time with his family and was able to show |
| no water supply unless it rained! To solve this problem | | | | love and care and to educate his young children. |
| once and for all, the village chief decided to offer two | | | | Soon, the larger villages nearby heard of the water |
| contracts to have water delivered to the village on a | | | | supply in this little village. Their chiefs also offered |
| daily basis. He felt that a little competition would keep | | | | contracts to deliver water to the villages on a daily |
| prices low and that was good for the villagers. Two | | | | basis. Bill confidently volunteered to take on the task. |
| people volunteered to take on the task and the chief | | | | Jack saw this as an opportunity to expand his |
| awarded the contract to both of them. | | | | business. He also volunteered himself. |
| One of them. Jack, immediately ran out, bought two big | | | | Bill immediately began the constructions. He only |
| steel buckets and began running back and forth the | | | | needed to invest some time and money at the |
| lake which was lokm away from the village. He | | | | beginning to construct the pipelines to the villages and |
| immediately began making money. He worked from | | | | he would secure a long-term water supply upon the |
| early morning to late evening carrying water from the | | | | completion of the pipelines. |
| lake with his two buckets. Each morning he had to get | | | | Jack employed more employees to carry the water |
| up before the villagers awoke to make sure there | | | | from the nearest lake to the villages. He earned more |
| was enough water for the village for that day. It was | | | | by delivering water to more villages. However, he also |
| hard work, but he was very happy to bemaking | | | | had higher commitments as he had to pay even more |
| money and be able to buy the luxuries for his family. | | | | wages to more employees. |
| The other contractor, Bill, disappeared for a while. | | | | As Bill's pipeline construction was completed, he again |
| Instead of buying more buckets to compete with Jack, | | | | offered his high speed,high volume, low cost, and clean |
| Bill had gone to seek the best construction crews in | | | | water delivery system to those larger villages. |
| the city and returned four months later with a team of | | | | Again, the villagers cheered and immediately ran to Bill's |
| the talented crews. Within a few months his team had | | | | pipelines. |
| built a large volume stainless steel pipeline which | | | | As Jack's business was bad, he soon sold off some |
| connected the village to the lake. | | | | of his personal assets to finance his business and to |
| At the completion of the pipeline construction. Bill | | | | pay his employees. He also borrowed more money at |
| announced that his water was cleaner than Jack's | | | | fixed interest rates, sacked a few of his employees to |
| water, as he knew that there had been complaints | | | | cut cost and worked even longer hours himself to |
| about dirt in Jack's water. Bill also assured the villagers | | | | ensure sufficient supply of water to the villages. |
| that he could supply the water 24 hours a day, 7 days | | | | Soon, Bill's pipeline delivery services expanded to all the |
| a week. Jack could only deliver water on the | | | | villages around the world. Although he only makes a |
| weekdays as he did not work on weekends. Then Bill | | | | few cents per bucket of water delivered, his pipelines |
| announced that he could charge 50% less than Jack | | | | deliver billions of buckets of water everyday, around |
| did for this higher quality and more reliable source of | | | | the world. Regardless of whether he works or not, |
| water. The villagers cheered and immediately ran for | | | | billions of people consume billions of buckets of water, |
| the faucet at the end of Bill's pipeline. | | | | and all that money pours into his bank account. Bill had |
| Eventually Jack hired a few employees. Like a lot of | | | | developed a pipeline to deliver money to himself as |
| employees, they only worked as much as Jack told | | | | well as water to the villages. |
| them to. Jack needed to pay them extra overtime , | | | | Bill lived happily ever after with all the time freedom |
| ages in order to get them to work more. Even when | | | | and financial freedom to enjoy his life and to provide |
| the business was slow and was making loss, he still | | | | the best things for his loved ones, while Jack worked |
| needed to pay the employees wages. Sometimes he | | | | hard for the rest of his life, not having time for other |
| himself needed to work the extra overtime because | | | | important things in life, had financial problems, |
| he couldn't afford to pay them the overtime wages. | | | | unhappiness and family arguments forever after. |
| Soon, he was working day and night for his | | | | Are you trading time for more money? |
| businessand had no time to spend with his family. | | | | Or are you willing to look at the longer-term and start |
| Bill, on the other hand, had no employees to pay. He | | | | building a pipeline today to provide yourself with |
| could spend all his time doing the things he loved and | | | | constant flow of steady income...that will last long after |
| enjoyed to do without going to work from 9 to 5 daily, | | | | you've stopped working on building the pipeline? |