S2E28 - Side Hustle or Business Suicide? The 7 Streams of Income Truth Nobody Tells
#TotalDisruption #SideHustle #MultipleStreamsOfIncome
Show Summary: Stop romanticizing the side hustle—it might be killing your primary business. Dr. Jake Clendenning and Michael Libercci blow up conventional wisdom about side hustles, multiple revenue streams, and the brutal reality of building sustainable wealth in this no-BS episode of Total Disruption. The Side Hustle Trap: Not all side hustles are created equal. The hosts draw a critical distinction that most entrepreneurs miss: there's a massive difference between a side hustle that supplements a 9-to-5 job versus trying to juggle multiple unrelated businesses simultaneously. If you're already a business owner chasing a completely unrelated "side hustle," you might be committing business suicide. What You'll Learn: • The ONLY time a side hustle makes sense (and when it's destroying your primary income) • Why successful entrepreneurs don't have side hustles—they have strategic revenue streams within their core business • The truth about the "seven streams of income" rule and why most people misunderstand it completely • How to diversify income without diversifying your attention into oblivion • Why passive income is a myth (and what actually works instead) • Investment strategies you can start with under $500—no excuses Real Money Moves: Dr. Jake opens the kimono on his actual investment portfolio, revealing five specific apps and platforms he uses to build wealth: Credit Karma for budgeting awareness, Morgan Stanley for larger portfolios, Real Bricks for accessible real estate investing, Acorns for automated investing (down to 11-cent roundups), and Robinhood for aggressive stock plays. He breaks down the philosophy behind each and why entrepreneurs without traditional 401(k)s must think differently about retirement. The Seven Streams Reality Check: Having seven income streams sounds impressive until you realize you need the bandwidth to actually manage them. The hosts dissect what it really takes to juggle multiple revenue sources while maintaining your health, relationships, and sanity. Spoiler: Most people can barely manage one stream effectively. When to Pivot vs. When to Dig Deeper: Should you spend more time on your primary hustle or start a side hustle? The answer isn't what you think. If you hate your primary business enough to need a side hustle, you don't have a business—you have a job. The solution isn't adding more plates to spin; it's fixing your relationship with your core income source or making a complete lifestyle change. The Money Management Truth Bomb: Why do lottery winners go broke in months? The same reason your side hustle won't save you: money management discipline. The hosts break down the dirty six-letter word everybody hates—BUDGET—and explain why living within your means is the most un-American (and most necessary) philosophy for wealth building. Gary Vaynerchuk's Billionaire Wisdom: Immerse yourself 100 hours before monetizing anything. You can be anywhere you want in five years based on decisions you make today. Five years ago, you made choices that put you exactly where you are right now. What will you decide today? Real Talk on Getting Started: Stop making excuses about not having money to invest. You can start building wealth with $1 in Acorns or $100 in Real Bricks. That Starbucks coffee? That's your first investment. One piece of discipline changes everything. The Sales Training Wake-Up Call: Dr. Jake reveals a shocking coaching story: sales professionals who couldn't answer basic questions like "How many appointments do you need to hit your income goal?" If you don't know your daily benchmarks and performance metrics, you're not in business—you're in fantasy land. Bottom Line: Creating something from nothing requires brutal honesty about what's a real business versus what's a hobby. Managing expectations, understanding your bandwidth, and building strategic revenue streams (not random side hustles) is how actual wealth gets built. Join the Movement: DM us on social media, visit www.total-disruption.com, or jump into one of our accountability groups. We're kingmakers who get validation from watching you succeed. Your wins are our proof that these systems work. #TotalDisruption #SideHustle #MultipleStreamsOfIncome #PassiveIncome #EntrepreneurMindset #WealthBuilding #InvestmentStrategy #BusinessGrowth #FinancialFreedom #DrJakeClendenning #MichaelLibercci #EntrepreneurLife #MoneyManagement #PortfolioDiversification #RealEstatInvesting #StockMarket #BusinessStrategy #IncomeStreams #FinancialDiscipline #WealthMindset #GaryVee #Acorns #Robinhood #BusinessCoaching #SalesTraining