Welcome, welcome, welcome back to another episode of the Action Academy podcast, the show that teaches you how to replace corporate with cash flow and helps you unlock your inner entrepreneur.

My name is Brian Lubin, your humble host and guide. I left for my corporate job in March of 2022 to travel full time around the world and build my own business.

And since then, I'm on a path to go from zero to $10 million a year.

On this podcast, we document the wins, the losses,

and the lessons along the way. Today's episode is a cash flow clip from none other than the billionaire

founder ofpriceline.com, booking.com, Jeff Hoffman. He was my first billionaire interview that I

ever had on the show, and him and I have since formed a friendship.

Today's clip is a famous story from Jeff on how he bought his first Ferrari.

And no, it is not what you think.

It's not him just bragging about buying a car.

This is actually a life-changing episode.

And the lessons that he extracted from this process will be very valuable for you in today's episode.

So as always, if you're enjoying the show, please share it with others and leave us a five-star rating and a review.

Let's get to today's episodes.

So I had made this childhood bet with myself about really quick, Brian, what the story came from was when I was a kid, one of my friends bought a poster of a Ferrari.

And all my buddies

were over there just like ooing and eyeing over this poster. And I went home and asked my mom,

what's that big deal? And my mom said, what was the poster? I said, it was a Ferrari. I didn't

know what a Ferrari was. I grew up in a four single mom house. And she said, oh, the fascination is that it's the unattainable dream. And I was

like, I thought Ferraris were real. My mom's, the Ferraris are real. It's just that neither you nor

anyone you know will ever have one. And I was like, wait a minute. I thought it's a real car.

And my mom's like, son, seriously. And she said, I'm going to have unrealistic expectations.

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