What's up, ladies and gentlemen, welcome back to another episode of the Action Academy podcast,

Corporate America's least favorite podcast, where we help you gain financial freedom

through buying small businesses and big old commercial real estate deals so that you guys can

go be healthy, wealthy, and financially free.

Today, ladies and gentlemen, boys and girls, we are talking about the three passive

income myths that are keeping you broke, B-R-O-K-E.

And I have fallen victim to each one of these three.

And so today, as always, we are going to be sharing one by one these three myths, along with why they're a myth and how to overcome them.

Myth number one is that more streams of passive income are better.

There's this line that gets tossed around all the time,

which is millionaires have seven streams of income,

passive income, namely.

And if you do not have seven streams of income,

you are most likely not going to become a millionaire.

This is completely false. This is completely backwards.

And for the rest of my life, I will be debunking this myth over and over and over again

because I just don't understand why people are still talking about this myth.

And so to illustrate the story about why this is a myth,

I'll be sharing a story that Mr. Brandon Turner taught to me, the previous host of the Bigger

Pockets podcast. And that is called the story of Success Island. So say that you're on a shoreline

and off the distance, cross the water, you see Success Island. Success Island is the exact life that you want to live.

All of your wildest hopes and dreams are accomplished on Success Island. And the rule, the one rule of

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