I was introduced to him recently at a conference called FinCon that was for producers of financial content and resources. But I started developing that Minority Mindset where I was realized I could take my teen party business that I was doing in high school and bring it to college. Yes, that's correct. I didn't know what that meant. His parents were not particularly well-off. And then people would say, Oh my God, dude, I really like your content. Jaspreet saw an opportunity. 1,495 Followers, 2,496 Following, 136 Posts - See Instagram photos and videos from Jaspreet Singh (@minoitymindset) Contact. And a lot of the things that I talk about are things that I have seen or things that I have gone through. The whole idea being you had to think differently than the majority of people. I kept putting the project off, and then one day, I was late to class. So, if we have more inflation, that means that the government can now pay back this $29 trillion worth of debt with cheaper dollars. In this episode you will learn: Jaspreet's six-step formula to becoming wealthy. As more and more money is printed by the federal reserve bank and the government, more dollars enter our economic circulation. I don't know how to explain this. I started hosting teen parties when I was in high school because I was working in the wedding business. If you're not aware, we have some network partners. Food Blog Life is short. Jaspreet Singh - The Climb To Wealth Blueprint - IM-Courses mvp acronym jokesrecent killing in grenada 2019. june's journey joining a club; what happened to shane on heartland; jacks urban eats menu calories; trinidad express death notices 2021 How do you think about improving on Youtube? Social validation is what people are looking for. That's why we have a national debt crisis like we talked about because the government is spending more money that they bring in. Dr. Jim Dahle: I never once learned how I could use my money in a way to give me financial freedom. That video you put together includes some tips for people that I hadn't even thought about. And then you're going to look back and say, Oh my God, I wish I would have done something five years ago. But on Youtube, youre getting these very close relationships with youtubers and its sort of crazy, right? That's how strict my parents were that I had to become a doctor. Minority Mindset Exposes Financial Illiteracy in New Video - PR Newswire And they didn't understand what I was doing, my parents and all of their friends didn't understand what I was doing. I used to work at Indian weddings, playing a drum called the dhol. Lesson 1 - You Only Live Once: Climb to the top of the mountain so you can see the world, not so the world can see you. You want to sit there and have fun and relate to the person. But he came on the podcast today to celebrate buying a car with cash. And whether you're coming in person or virtually, you got to register by December 1st to get that swag bag. We have the Minority Mindset News channel on YouTube, where we have daily finance business news updates. I buy properties. We grew from just holding parties to doing parties every week. Jaspreet Singh: I wanted to try. Well, Jaspreet Singh, founder of the Minority Mindset. I can fix up a property. Jaspreet Singh: Minority Mindset is an entrepreneur and personal finance influencer with an estimated net worth of $2 million. They say, Oh, that's not fair. You have to understand that you need to be able to take care of yourself financially, but in terms of finding your purpose, in 10 years, if you don't do anything you're going to be sitting right where you are right now. I mean, it plays a part. Give us $10,000.' They can dilute the value of our dollars with the click of a button. And of course, you can reach out to us. How do you get people excited when they first find your content but to also get them to stick around over time? That's if all of a sudden, the people who are sitting on cash, and a lot of people in India were holding a lot of cash because it's more of a cash based society than it is here in the states. You've mentioned a lot of assets and investments and that you invest in real estate. [Rewind] How Having A Minority Mindset Can Help You Accomplish - Scribd But the problem with deflation is that it means the government has to now pay back the $29 trillion with more expensive dollars. Then I have an active strategy in the stock market where I look for undervalued companies. I didn't like the industry. All right, a few things coming up, make sure if you are interested, you have done these. Jaspreet Singh: Jaspreet Singh: Now it sucks for doctors. That means one, you need to know how to spend your money. And as I took the MCAT on August 22nd, and then August 23rd, I closed on my first investment property. And so if somebody else can get the same information in a better, more entertaining, more interactive, more fun way, Im going to watch them. There's just so much that you can do. Easy. We call it the WCI Network and we have two of those. The majority of people are broke. The United States government's number one asset is student loans. Or it's not that big of a deal. About. And in order to now balance this national debt crisis, one of the things that they're doing is they're creating more inflation to pay back this money with cheaper dollars. And somehow in there, you went to law school. My parents always told me that was bad (entrepreneurship and business), thats evil, stay away from it. Since writing the original Naked Brands post, Ive applied the concept to finance,fashion,music, and basketball. We have a lot of doctors that follow us and a common thread that I get from doctors, especially, that reach out is something along the lines of, Hey, Jaspreet. And so, your $100,000 today can buy more than what it can in three years. I hope we always are worthy of that trust. David: The internet has destroyed so many barriers and unlocked floodgates of opportunity. This started actually towards the end of my college career. For example, when I was growing up, I was told that if I wanted to become successful, I needed to do two things: become a doctor so I can earn a big salary, and second, save as much money as possible. Jaspreet SIngh with the 100,000 Subscriber YouTube Plaque. My parents were like, If you're not going to go to medical school, you have to at least become an attorney. Jaspreet Singh: No one in my family was an entrepreneur. $35 per post at $7/CPM. In addition to all the good information I get on this podcast, I am always 100% confident that I can reach out to Jim for questions. I had done the volunteering. Money isn't everything. And did you ever practice law? I then had this conflicting war going on in my brain, where if I was trying to maximize my revenue by seeing as many patients as possible in order to extract as much money as I could, I was not going to necessarily be able to provide the best value possible to each patient. No one in my family was an entrepreneur like that. Minority Mindset with Jaspreet Singh | Ep. 84 - Money Talk with T If we just look at it from a business standpoint, a fat company is a company that has a lot of unnecessary layers of administration. Well, I need to see as many patients as possible. It's a fascinating story. I took a speaking class and one of the projects was to pitch a product to the class as if the class was a group of venture capitalists. He was one of the keynote speakers at the event and has put together some awesome resources. A growing interest in investing led him to YouTube where his channel Minority Mindset now has close to 650k subscribers. Even though I had gone through so much schooling, even though I had spent so much money in college, nobody taught me this. Business Briefs promises a quick and easy five-minute read to get entrepreneurs up to speed on new trends and valuable information to stay agile in this changing economy. And it's keeping so many people broke, but it's keeping so many other people rich at the same time. If you keep doing what everybody else does, youre gonna end up like the majority of people and so its the mindset of thinking different and breaking away from this traditional path and doing something and creating something of your own instead of just being a follower and kind of just a victim of the system because right now school and just the traditional system is not working for the majority of people and so its a mindset of breaking away and thinking different and kind of creating your own plan. Freshman year, I started knocking on doors at clubs, venues, and bars, asking them, Hey, can I host a party here?' Absolutely. So they grew up with very traditional values. That's why we have a national debt crisis like we talked about, because the government is spending more money than they bring in. I knew that I wanted to be an entrepreneur. I started hosting teen parties when I was in high school because I was working in the wedding business. What I love about it though, is he is good at some things that I am not that good at. Now I have this business that could grow, that's making good money, but then I shut it down because I don't see myself doing that long-term. They showed me I could turn ads on to get paid. But it wasn't something that I needed in order for me to go and make money after, because I was working on so many other things. I know I want to be an entrepreneur. Jaspreet Singh: And then theres the big question: is it right for you? I got irritated, because I didn't have any sort of entrepreneurship education and I had been scammed. They can look rich. All the sacrifices that my parents and grandparents had made. Its all in student loans and yet you're sitting here blowing all your money?, Jaspreet Singh: I had gone through so many problems. Dr. Jim Dahle: They're all poised to combat inflation. The government and the Fed will keep telling you that this inflation that we're seeing, it's just temporary. That was the one thing that really kept me going was I knew that when I was 65 and I look back, what am I going to ask myself? I took a speaking class. Dr. Jim Dahle: I learned how to live below my means because we were never poor, but we were always like penny pinchers in the sense that Why would we take two cars when we can stuff eight people into one five-seater car? And finally I invest in and I own commodities like physical gold, because that is real money. David: You said that theres an audience for everybody, but theres also an element of always improving, right? But when I say minority, I don't mean a racial minority. I kept putting that off, putting that off, putting that off. Learn more. That is a guaranteed route to being broke because all you're doing is saving. And so, that's one thing that I learned. Jaspreet Singh: Its the mindset of thinking different than the majority of people. As the champion, you will receive a Lifetime WCI T-shirt and, if you send us a picture of your class with the book, a WCI Yeti Tumbler. This book project requires an extensive research process. Dr. Jim Dahle: 868K Followers, 135 Following, 6,307 Posts - See Instagram photos and videos from (@MinorityMindset) My sock was wet as I sat down in class and just then the teacher called on me to present. He told me I was stupid. Dr. Jim Dahle: Now it sucks for doctors. The goal of the channel is to "revolutionize the way people think about money and to make financial education fun" and they often discuss passive income. Where can listeners go if they want to learn more about you and what you are teaching? Not to mention the millions of dollars you will save your classmates by getting them that information right at the beginning of their medical training pipeline. Because inflation is when the value of a dollar goes down. He started the Minority Mindset YouTube Channel as a hobby to teach others how to not make the same mistakes he made. Jaspreet and Tiffany talk about Jaspreet's journey with his company and how to adopt the 'minority mindset.' About Our Guest. I never had any sort of formal business experience. Some docs are over stopped. People encouraged me to start a social media page. Jaspreet: I never planned on going on youtube or making videos or being a so called insolence or, or whatever. What advice do you have for them? Who Is The Minority Mindset - More On Jaspreet Singh Jaspreet Singh: Jaspreet Singh: How Minority Mindset Created Market Briefs - Nourish Money So, I went from just try and business to business because that's how I learned. If we are going to open up your portfolio, how much of it is in real estate and how much is in stocks or bonds or cryptocurrency or whatever? Because you can do what you love and you should do what you love, but it's a lot easier to do what you love when you are okay financially. That way you can make smarter decisions. Lesson 2 - Protect Your Assets: Estate planning, how to use legal tax shields, and asset protection strategies. And now we've grown it to something a whole lot bigger. He is still practicing. You don't get the low tax rates that an investor gets. Serial Entrepreneurship and Creating a YouTube Business with Minority The United States government's number one asset is student loans. I was late pretty often, but it was raining that day. But that was all a lie. That's when I found out they were a scam. I'd be happy. Its all in student loans and yet you're sitting here blowing all your money?' And I never worked a day as an attorney because I continued to just grow my business. Student loans are what's funding the government's operations. Dr. Jim Dahle: And then one day I was late to class. I have a lot of trust issues now because as I started to ask why, why, why, I started to learn a lot of things that make you question the system, but you have to ask the question why, because the government and the fed will keep telling you that this inflation that we're seeing it's just temporary. Minority Mindset, LLC is a Domestic Limited Liability Company located in Northville , Michigan. I pitch that off the top of my head. Now were at like 350,000 subscribers, tens of millions of views. The only thing that bothers me is when people spend lavishly when they don't have the money to do so. Jaspreet Singh: Well, I knew I wanted to do it to make my parents happy. Jaspreet: Theyre fun to watch. So, our dollars are backed by the United States government, which is backed through our economy. So, I just went from business to business because that's how I learned. You are a first-generation American. Its burdening people who go to school. And what's interesting is the single type of income, which has the least tax loopholes, which has the highest tax rates are earned income. What do you invest in? My dad came to America with less than a hundred dollars. And again, it goes back to the question of why. I was like, instead of doing that, I would much rather say I tried and I failed and it wasn't for me then say what if I did something else? I never once learned how I could use my money in a way to give me financial freedom. I said, You're telling me I can get paid for this? And now all of a sudden, I just started generating revenue just because I didn't know that I could do that. This is something that I own. He is the founder of Minority Mindset, 5 Water Socks, and 5 Water . I would just talk about the things that I wish I had learned and wished somebody would have told me when I was getting started with financial education and entrepreneurship. [citation needed] He is a former research scientist with a PhD in chemical engineering from McGill University. Why am I spending so much money to learn all this stuff? And the first thing that came to my mind was my wet socks. Now when people look at that, when they look at Minority Mindset, I think the first thing that comes to mind is racial minorities. When I was going to school, I went through a lot of schooling. Dr. Jim Dahle: You go cash in that check and you take pictures of it and you can go impress your friends. Look, you have one life to live. How The System Keeps YOU POOR! (Money Myths That Keep You Broke) Give people a reason to follow you or, or look at your content instead of somebody elses. Why? And you're probably going to see your tax bill go up. Jaspreet Singh: Dr. Jim Dahle: But there is a right way and a wrong way to save. I never learned about this stuff in school, and I had been screwed over so many times because I didn't have any sort of guidance. So, I decided to do something different, go into entrepreneurship, and learn about many other things. Minority Mindset is a YouTube channel run by Jaspreet Singh in the financial space. Jaspreet Singh: Jaspreet Singh is an entrepreneur and an investor. The state of Punjab was bombed by its own government. Jaspreet Singh net worth Apr, 2023 - People Ai Nothing happens overnight, but anything is possible. Then freshman year I started knocking on doors at clubs, venues, bars, asking them, Hey, can I host a party here? Some of them would say, Yeah, sure. She was devastated. So, you work hard, you make money. Home - Welcome to the Minority Mindset - #RethinkRich I spent a while creating the technology. What should I do?'. I wish I would have done something 10 years ago.' Jaspreet Singh: But ultimately, he knew medical school was not the path for him. Jaspreet Singh of the Minority Mindset | White Coat Investor And he focuses a lot on boosting your income in ways that aren't going to the hospital and working. Every tax dollar they pay gets funneled through the politicians and the government. Thanks for coming on the podcast with us. It is not just for people who want to become wealthy, whatever, you have to understand that you can protect your money. He's also an anesthesiologist. For business owners, knowing where to turn for a reliable source of information and business trends is important. From Entrepreneur to 1 Million Subscribers with Jaspreet Singh of If You Want To Become Rich, Take These Steps with Jaspreet Singh I was just the worst. Awesome. I've got a bit of a cold. I love real estate because real estate provides me with consistent cash flow. Jaspreet Singh: Instead, you're paying the highest tax rates and you also have the least deductions. Minority Mindset was founded to revolutionize the way people think about money and to make financial education fun. . I'd never had anybody supporting me. And now Minority Mindset is one of the fastest growing financial education and media companies on the internet. Jaspreet Singh: And then when I find a good undervalued company, Ill buy it. We kind of hit on this, but you need to understand how to protect your money and build your wealth as a doctor. I buy properties. And so, it's very consistent with your philosophy on money all the way through. And I started to ask myself, Why? You were born in Michigan, correct? Jaspreet Singh: Actually, I had two options. Then a portion of your paycheck goes to the government. Jaspreet Singh Minority Mindset Net Worth - Phone Number, House Address, Wiki . Dr. Jim Dahle: It really just depends on what you want to do and theres an audience for everybody. And now on top of that, you got to pay the highest taxes. It's a common thing that when people make their first thousand dollars they want to show it off. I love coming up with product ideas. Don't throw away your brown bag for lunch, bring it home. Jaspreet Singh: But on the second hand, it is the number one asset. Money isn't everything. And so, that part was very hard, but it was kind of that stubbornness that I had that got me through it because I knew that I wanted to do something different. You need to be the person that's taking care of their money. Now that understanding that mentality of knowing how to live below your means is extremely important. You have the least tax breaks that you can get out of the tax code and you also have the highest tax rates. Dr. Jim Dahle: And they were attacked on the way. I like it because I'm an entrepreneur. I advise. If you got $1,000 in the bank account, you can't afford a $1,000 watch. I made a lot of mistakes. And in 20 years, you're going to be doing the same thing as right now. Although he didn't receive any formal financial education - he's on a mission to make financial education fun and accessible. I went on mission trips to help prepare myself, to get ready to go to medical school. SPI 565: Behind the Minority Mindset Brand and Empire with Jaspreet Singh Then I went on to Instagram and created the Minority Mindset Instagram page. With this data, we predict the Jaspreet Singh YouTube channel generates $21.57 thousand in ad revenue a month and $323.58 thousand a year. And then towards the end of my college career, now I know I'm not going to medical school. YouTubers Get Sued For $1,000,000,000. It sucks now, I sit down in class and the teacher's like, Jaspreet is here to present. Absolutely. Jaspreet Singh: And his YouTube videos are fantastic. This is not me. Jaspreet Singh: Jaspreet Singh: 100% of the dollar you give rather than some smaller fraction. Second, it's so hard because you keep getting screwed over because I didn't have any sort of guidance. That's my way of investing in startups. Well go on this journey together you and me. And I said, okay. There are ways to do that through your investments, that we are not paying out 60% of your income in taxes, legally. Do you feel like you're a member of a minority writing for other minorities? He didn't even have shoes on his feet because he'd lost his shoes along the way, sleeping on the streets and had to find a way to make things work. His parents are immigrants from the state of Punjab, India. And it's funny because when I started, I didn't start Minority Mindset with the intention of making money. Dr. Jim Dahle: And the risk there is if our dollars were ever challenged as the world's reserve currency, then people will start to question what it is that they're working for. You have to understand that you need to be able to take care of yourself financially, but in terms of finding your purpose, look in 10 years, if you don't do anything, you're going to be sitting right where you are right now. And am I doing it for the right reasons?' As opposed to deflation, which is good for average people, because now the value of a dollar gets stronger, the price of things go down and now your savings have more buying power. Dr. Jim Dahle: All I need to do is become a doctor. I didn't do it because I wanted to be a doctor. Because inflation again is when the value of a dollar goes down. And so, obviously there is a time and place for government, there's a need for them, but just understanding that, Hey, you know what? Key clients: Nate O'Brien, Jaspreet Singh - Minority Mindset, Ryan Scribner, Marko Zlatic - Whiteboard Finance, Investing Simple LLC, Canty Financial Management Inc. & Progressive Payment Solutions, Inc. I'm also the founder of Acrux Cloud, a VPS cloud hosting solution that lets anyone leverage . And the reason why I call it that is because you have to really be willing to think differently. It's that growth mindset." - Jaspreet Singh. All right. I have no problem if somebody wants to spend $500,000 on a car. Harluxsh Singh. Then I went to college. Like I was just there. Then in the 80s, my family was in India. Dr. Jim Dahle: I just had this kind of crazy dream that I want to do something different, but everyone was telling me that I am dumb. The money you make from a job and more specifically earned income from high income earners, A.K.A. Jaspreet Singh: You need to know how to invest your money. So I created the Minority Mindset Instagram page. I had started somebody's business ideas. They gave me a 100% money back guarantee. How well, thats what you have to figure out, thats the tough part. Well, why am I getting a good job? And in 20 years, you're going to be doing the same thing right now. Every single day, they keep doing it again and again. You need to pay yourself first. And again, financial education is so important. Just giving you a lecture on information, but was getting bored of it. The government and the Fed can turn off our dollars. I had no idea what I was doing and I ended up putting an offer. Jaspreet Singh: I thought that everybody goes to college to study and spend Friday nights in the chemistry lab doing reactions. If you want to understand money, whether you want to be an entrepreneur or just have that sort of financial education, you have to be willing to ask the question why' and the majority of people will not. Dr. Jim Dahle: [Rewind Episode] Jaspreet Singh is a serial entrepreneur, licensed attorney, and the founder & CEO of Minority Mindset, a financial media company & YouTube Channel with over one million subscribers and five million views per month. His books include the novels Chef and Helium, the story collection Seventeen Tomatoes, the poetry collection November, and most recently . Jaspreet Singh: Thank you so much for being on the White Coat Investor podcast. I have a lot of trust issues with the government and the Fed now. Jaspreet: The first thing that I did was I took an acting class. I gave them a big chunk of our marketing budget. What if there was a way that you could walk through the rain and not have to worry about your feet getting wet?'. Minority Mindset Net Worth - How Rich is Jaspreet Singh? Theyre giving people a reason to come to them. It took my mom a year and a half to finally grasp that her son was not going to be a doctor. Jaspreet Singh: I put it under the alias Minority Mindset. Because now you don't get the tax breaks that a business owner gets. He was like, You're stupid. I did internships. Absolutely. And I talk about on our channel, the smart way to save, because you will never become wealthy by saving your money. They're all poised to combat inflation. So, everywhere at Minority Mindset, essentially. When somebody goes out and they mine gold, they have real money. Should YOU be a business owner? @tombilyeu . . . # - Facebook I started to really think differently because I was always told that if I became a doctor, that everything would just work out. So I told myself I was not going to be a doctor. I was becoming a doctor for the wrong reasons. Buy assets, save, whatever you have to do. Jaspreet Singh Email & Phone Number - Shiva Fas.. | ZoomInfo Explore the world of Jaguar cars and learn more about models Some docs are overworked. These paper dollars are supposed to be a representation of value, but the real representation of value that the dollars provide, it's not backed by anything tangible.
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