All right. Almost didn't go live. Couple of sick kids [unintelligible 00:00:08], skewing around on the golf cart. Check this out. I saw this guy on Facebook with a Lambo talking about the seven levels of income, seven streams of income all millionaires have and the secret to how to get them. The secret to how to get them. What's up Anthony? The secret to how to get to seven levels of income to be a millionaire, pictured next to his Lambo. I'm rolling around in my golf cart. Nice day today. Anyway, I want to tell you about how I subscribed to that theory for a minute. I thought that that was the case and I started to try to get a bunch of different levels of income. I had two real estate offices, mortgage company, multiple storage unit facilities, 40,000 square foot strip mall, a legion-- not legion. At that time, I had a-- let me get away from this guy mowing.
I had a credit repair, a limousine company all at the same time. Multiple single-family rentals. One day I'm driving to show one of my rentals and I'm driving to this property-- turn around here. I feel a little crazy in the hood. Traffic is a little crazy. I start to have this mini panic attack and I didn't even know what it was. I started having shallow breath and laughing. So, I called my mom, because she is my resident hypochondriac nurse. I was like, "Mom, this is happening. What's going on?" She's like, "Honey, you are having a panic attack."
I had to pull the car over. I was like, "What the hell do I have a panic attack from?" She said, "Well, it's probably from stress." And I'm like, "What do I have to be stressed about?" I didn't realize that I had all these businesses because I thought that that was the way. It's seven levels of income. Seven streams of income, like the Lambo guy. What I found to be true was, that wasn't the case. The old Chinese proverb of, "He who chases two rabbits catches none," is actually the truth. The only reason to have all those levels of income is if, number one, you already made it and you have a big chunk of cash and you need to diversify, but more importantly, if the vehicle that you are in isn't maximized and you are not making the most amount of money from it, that's what you need to be focused on.
If you are not focused on that, then all the levels of income in the world are not going to save you, because you are not going to focus on any of them. There's a key here that I found, and this is sequential success. I felt like I had to make all those things successful to be able to go on to the next one, to the next one, to the next one. But what ended up happening was I just had a bunch of them that were like, some more paid attention to than others. I think that you need to focus on the vehicle that you are in. You need to maximize, monetize that. When you maximize that, then you can try to systemize it so it takes less of your time to work so you don't have to, or work so that you can be highly leveraged. If that works, then go on to try another business.
Obviously, I'm from Omaha, Nebraska and Warren Buffett is there, and he's kind of legendary. Has a lot of businesses but he's investing other people's capital. They are running businesses with management and people in place. I just want to tell you my experience with that false thing that they tell us. One of the things that I learned in the credit repair business, is that the LLCs that are-- the credit repair companies actually have a vested interest in keeping your credit low. I feel like that myth of, "Oh, you've got to have seven income streams, most millionaires have seven income streams," is like one of those vested interest-- and I don't want to get into conspiracies, but I feel like it's there to confuse and discombobulate the average entrepreneur into thinking maybe the work that they do, they are not doing right.
Or, if they get a chunk of money, trying to save it is stupid. I get people telling me all the time, "Mike, I just got this big chunk of money, what should I do with them?" "Try to save it. Let's start there, see if you can." For me, besides a panic attack, I didn't have any other adverse reactions, but it did take a little while to undo all that stuff, to get to a vehicle that I wanted to focus on. By the way, if the vehicle that you have is not the vehicle that will be the right one to get your goals, for example, if you want to be a billionaire and you are selling real estate, probably you don't have the right vehicle for it, then it's okay to change vehicles. But, focus on one and start there and do that really well. Get a good healthy income stream going before you try to go take over the world.
That's my rant. That's been my experience. I appreciate you guys. I hope I added value. Me and my golf cart Lambo, tell you what I think. Make a great day. Wait, one more thing. By the way, if you are not maximizing your real estate business, holla, because that's what we do. We are going to help you do that. See you.