How Anyone Can Build a pipeline Of

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THE 
PARABLE 
OF THE 
PIPELINE 
 
 
 
 
How Anyone Can Build
A Pipeline Of 
Ongoing Residual Income 
 In The New Economy 
 
 
 
 
 
BURKE 
HEDGES 

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You Can Become the 
Millionaire Next Door! 
Dear Reader: 
One hundred years ago, it was virtually impossible 
for the average person to become a millionaire.
Take a look at these lifestyle statistics at the turn of 
the 20
th
century. 
In 1900, the average wage in this country was 22¢ 
an hour. The average worker earned between $200 
and $400 a year, well below the poverty line at the 
time. Only 6% of all Americans had graduated 
from high school. Life expectancy was 47 years 
old. Only 14% of the homes had a bathtub. There 
were 8,000 cars in the United States and only 144 
miles of paved roads. Until WWI, 
the average American family spent 
80% of their income on the basic necessities of 
food, shelter, and clothing. 
In a word, 100 years ago, there were basically two 
economic classes: The rich. And the rest. Only 
one in 10 families was upper class or middle class.
Which means that in 1900, 90% of the people in the 
U.S. would have been classified as poor. 

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