The Parable of the Pipeline: How Anyone Can Build a Pipeline of Ongoing Residual Income in the New Economy is a personal finance and business book that explains the difference between earning money by trading time for wages and building systems that can generate income over time. Through a simple parable about two men taking different approaches to earning a living, Burke Hedges introduces the concept of building an income-producing “pipeline” rather than relying entirely on regular paychecks.

The book discusses financial independence, entrepreneurship, leveraging time and relationships, long-term wealth creation, and residual income. It encourages readers to think beyond conventional employment and develop sustainable income sources, while planning for future financial security and retirement.