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