The TRUTH About Multiple Income Streams

Multiple income streams are terrible advice so let's debunk the myths around it and share what you actually need to know to be successful with developing your side hustle(s).

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⏱Handy Timeline:
0:00 Intro
0:24 Myth 1: More is better
0:49 Myth 2: Sacrifices aren't needed
2:30 Myth 3: It's passive income
3:16 My own experience
4:13 Myth 4: Continual work isn't needed or substantial
4:40 Successful tactics
5:05 Tip 1
5:16 Tip 2
5:33 Substantial Income 1
6:28 Substantial Income 2
7:12 We have only 2 options for this
7:39 Verify the opportunity before you start
9:42 2 Rules to have multiple income streams
10:40 Passive income doesn't exist
10:54 Secret


#BrendanEvan
Disclaimer: Any financial or investing-related topics discussed on this channel are not from a professional investment advisor and are not financial advice for you. This is for entertainment and inspirational purposes only. My opinions are not reflective of the companies mentioned in the video. Also please know that many of the links I have in video descriptions like this one are affiliate links which means I may be compensated by the company whom you do business with at no extra expense to you. Thank you for your support!


Updated Acorns Affiliate disclosure as of 4/9/24:
Paid ad. Compensation provides an incentive to positively promote Acorns. The information and opinions presented are for informational purposes only and represent the views of the promoter as of the date created and are subject to change. Investment advisory services offered by Acorns Advisers, LLC, an SEC-registered investment adviser. View important disclosures at https://www.acorns.com/brendan/ and Acorns.com.

^This doesn't mean I was paid to make this video, it means I have an affiliate relationship with the company which allows me to make money by people using my links to sign up for services. I have to put this in every video description that includes the affiliate link.


Webull disclosure: “I am not affiliated with Webull. All opinions are completely my own. This is not a recommendation or solicitation to buy or sell securities. Webull Financial LLC, member FINRA, SIPC. More info at webull.com/disclosures.”