I told my dad that I want to invest in real estate. Let's talk a little bit more about the government. Well go on this journey together you and me. Some of them will succeed. Since I was a little kid, my parents always told me that if I wanted to become successful, I needed to become a doctor. And then people would say, Oh my God, dude, I really like your content. They're all poised to combat inflation. What if there was a way that you could walk through the rain and not have to worry about your feet getting wet?'. As more dollars enter our economic circulation, the value of each individual dollar goes down. How am I supposed to get seen? Many people ask about the amount of money Jaspreet Singh makes from Instagram. The price of everything is going to keep going up. That way you can make smarter decisions with your money. There was no money in it yet, but I liked it. That's why you will continue to see more inflation. Registration is open for The Physician Wellness and Financial Literacy Conference. It's a common thing that when people make their first thousand dollars they want to show it off. Even though I had gone through so much schooling, even though I had spent so much money in college, nobody taught me this. Look, you have one life to live. Jaspreet Singh: Then I went from business to business, to business, to business, trying just a whole bunch of things. Today, Minority Mindset has surpassed 1 million subscribers on YouTube. And you differentiate that it's not a need. I was becoming a doctor for the wrong reasons. Fin Con is a conference for producers of financial content and resources, whether they're bloggers or podcasters or YouTubers whatever. checkable deposits and currency are the number one asset of the us govt and are a bigger asset than student loans in 2021: https://www.advisorperspectives.com/dshort/commentaries/2021/09/27/the-feds-financial-accounts-what-are-uncle-sams-largest-assets just so jaspreet can update his information. And now my family were sleeping on the roof of their home. It's a common thing where when people make their first thousand dollars, they want to show it off. I used to speak especially in Detroit public schools. You can check out our website theminoritymindset.com. Actually, I had two options. And the savings that you have in the bank account, can't buy you the same things that they could before. Dr. Jim Dahle: Or it's not that big of a deal. He was one of the keynote speakers at the event, gave a fantastic talk and has put together some awesome resources. I shut it down because I did not see myself doing that long-term. I know I can't start a blog, but I can start a YouTube channel. And it all started just from a simple Instagram page, which grew into a YouTube channel. Since writing the original Naked Brands post, Ive applied the concept to finance,fashion,music, and basketball. You're saving dollars. I was in class, paying attention, I love learning. I thought that everybody goes to college to study and spend Friday nights in the chemistry lab doing reactions. 199. It really just depends on what you want to do and theres an audience for everybody. And in 20 years, you're going to be doing the same thing right now. They can't afford to do that. Then I invest in stocks because I believe in the American economy, although we have issues and concerns. You start to question the things that we're ingrained with to believe. I give them a big chunk of our marketing budget. Just recently, we made a video where we bought out half of the teacher supplies store for about thousands of dollars with the stuff and then we gave it away to schools. And now I create consistent predictable cash flow and it comes with legal tax breaks. Real estate prices were at rock bottom. Because again, I didn't have any formal business experience. Why this Entrepreneur Believes Anything is Possible | Keap I've got a bit of a cold. Jaspreet Singh: And now I create consistent predictable cash flow and it comes with legal tax breaks. How Jaspreet Singh ACTUALLY Started Minority Mindset - YouTube 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 . Today we'll be reading docs in shocks. I was never told to think about this type of stuff, because all I had to do was become a doctor and everything was going to magically be OK. Jaspreet Singh is an entrepreneur and an investor. I was late pretty often, but it was raining that day. My dad, your host, Dr. Dahle, is a practicing emergency physician, blogger, author, and podcaster. Our sock company was making good money. 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? And it's keeping so many people broke, but it's keeping so many other people rich at the same time. 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. The majority of startups are going to fail. His family moved from India when he was young. He started the Minority Mindset YouTube Channel as a hobby to teach others how to not make the same mistakes he made. Jaspreet Singh: Jaspreet Singh: His parents are immigrants from . And I'm not sure I've seen a lot of doctors doing that, but is that a common trend out there on social media where people are flashing the dollars after they get paid? The focus of Minority Mindset was all about thinking differently than the majority of people. Same thing, I was just talking about the things that I wish I had learned. If you want to be a champion for The White Coat Investor and you are a first-year medical or dental student, sign up here. I was like What are you talking about?' And I was like, None of you have any money. Yet there I was hosting these club parties. So I created the Minority Mindset Instagram page. Jaspreet believes in taking care of the community yourself rather than relying on someone else to do it for you. Some of them will succeed. The hosting them started doing really well. But that was all a lie. Student loans are what's funding the government's operations. The Minority Mindset has nothing to do with the way you look, your ethnicity, or your skin color. It doesn't bother me. I have no problem if you want to spend $100,000 on an engagement ring. In the library all day. Our quote of the day today is from Tim Ferris, Doing less meaningless work so you can focus on things of greater personal importance is not laziness. Because there are things that you can do now as a high-income earner to earn more income without you physically working, because there's going to be a day where you can't go into the hospital, can't go into the clinic to work. There's a clear philosophy running through all of those assets. Its like, how did this happen? He's on a mission to make financial education fun and accessible. Then I went on to Instagram and created the Minority Mindset Instagram page. Jaspreet Singh: Hes not a licensed accountant, attorney or financial advisor. Dr. Jim Dahle: The conference is in Phoenix on February 9-12, 2022. I started hosting teen parties when I was in high school because I was working in the wedding business. 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. A lot of the early businesses that I ran I had to do in secret because my parents did not want me to do anything that wasn't related to getting me into medical school. Doing less meaningless work so you can focus on things of greater personal importance is not laziness.. Jaspreet Singh: We'll see you next week on the White Coat Investor podcast. The government and the Fed will keep telling you that this inflation that we're seeing, it's just temporary. I advise. Our email is [emailprotected]. Now, I don't like to call it an investment. Jaspreet Singh, the Minority Mindset, is an attorney, investor, and CEO of Market Briefs. And then from there I just started doing it, just started talking and somehow people caught on and they loved it and we grew from there. We do this by sharing videos, articles and resources on how to make, save and invest money. You start to question the things that we're taught in society. Although he didn't receive any formal financial education - he's on a mission to make financial education fun and accessible. But a lot of times, I was there working on other things, too.. Toward the end of my college career, I knew I was not going to medical school and that I wanted to be an entrepreneur. You left family members, you left friends, you left your land. I never really had anyone kind of telling me whats right, whats wrong or given me some sort of teachings or anything. And if you were a Sikh, somewhat of my religion and you were on the west side of the Punjab, you had to now migrate east, otherwise you were going to be killed. And somehow in there you went to law school. I just didn't know how yet.. So, that's why we want to see more inflation. Minority Mindset Jaspreet Singh overall profits are growing every day, and he is also becoming more popular. Jaspreet Singh: Jaspreet Singh Net Worth & Earnings (2023) What's up everybody? We have the Minority Mindset News channel on YouTube, where we have daily finance business news updates. Jaspreet Singh: Socks are making money. Jaspreet Singh: I had taken all the pre-med classes. [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. Don't spend money on dumb things when you cannot afford it. https loop pointrecognition com login south It's not even a want. 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. And now all of a sudden, this YouTube channel is turning into something real. Success Leaves Clues - Jaspreet Singh - Minority Mindset #motivation # this isnt a scholarly source, but the logic seems sound that student loans declined dramatically during the pandemic. We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011. m2jaspreetsingh (@m2jaspreetsingh) | Twitter But you could see some people that would be really creative and do different things. Absolutely. Bring home your plastic bags, I'll wash your plastic bags and put another sandwich for the next day. Most people grow up with an idea of what they want to be and Jaspreet Singh was no different. I love real estate because real estate provides me with consistent cash flow. Explore the world of Jaguar cars and learn more about models I realized I wasn't. But I started developing that Minority Mindset where I was like How about I take my teen party business that I was doing in high school and bring it to college?. They gave me a 100% money back guarantee. As more dollars enter our economic circulation, the value of each individual dollar goes down. By that time, I was making good money in law school. Jaspreet Singh: I launched that product, and it did really well. When Im on Youtube I can actually interact with a person whos watching. And if you continue to follow the majority's advice, this is what I like to call it, the traditional advice, you're going to be broke. The first one on it was Don't put your paycheck on social media. And I'm not sure I've seen a lot of doctors doing that, but is that a common trend out there on social media where people are flashing the dollars after they get paid? So, I decided to do something different, go into entrepreneurship, and learn about many other things. I'd be happy. We have a couple of other channels that we recently launched. Jaspreet Singh Wiki, Height, Age, Girlfriend, Wife, Family, Biography Awesome. The majority people are miserable and the majority of people are physically out of shape. Jaspreet Singh: That's got to be a $75 value. She was devastated. Dr. Jim Dahle: But there is a right way and a wrong way to save. Housing prices are at rock bottom. Thank you to those who are leaving us a five-star review and telling their friends about the podcast. We have all these expenses. Absolutely. Jaspreet Singh: Now it sucks for doctors. I went to law school part-time, ran my businesses full-time and I graduated law school. Jaspreet: Theyre fun to watch. I would much rather say I tried and I failed and it wasn't for me than say, What if I did something else?' I can fix up a property. So, I decided, again, to go towards something that I really, really loved. And it's unfortunate because of the United States tax code I am an attorney. 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. I didnt know what college was supposed to be like. 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. And that is apparently a huge attraction. Also be aware, December 1st is the swag bag deadline for the Physician Wellness and Financial Literacy conference. Market Briefs - A Daily Financial Newsletter But something in the back of my mind told me that's not true. Dr. Jim Dahle: Let me clarify that I have no problem with if you spend money on dumb things. Look, if you love being a doctor, then be a doctor, but you have to understand how to use your money the right way that we don't get screwed over by the system. It's a fascinating story. To break away from the majority mindset thinking to now start thinking differently. Tell us about what you invented. He was like, You're stupid. I am an attorney. Jaspreet Singh: 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. It can't stretch as far. Minority Mindset Exposes Financial Illiteracy in New Video - PR Newswire Jaspreet Singh is an award-winning author based in Calgary. I used to work at Indian weddings, playing a drum called the dhol. We will send a copy of The White Coat Investor's Guide for Students for you and every person in your class. 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. That I'm crazy. The whole idea being you had to think differently than the majority of people. I never really had any guidance. It's the mindset of thinking differently than the majority of people. Jaspreet Singh: Dr. Jim Dahle: The government and the Fed can turn off our dollars. Its burdening people who go to school. 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. And that was my first experience with any sort of real financial education, any real passive income, because now I had an asset that was paying me $600 a month in rental income. Student loans are what's funding the government's operations. He wasnt going to let his dream die so he started multiple businesses while in college. I didn't do it because I wanted to be a doctor. And it's obviously a bit of a play on words with multiple meetings. Is it going to be you or the government? You want to sit there and have fun and relate to the person. Serial Entrepreneurship and Creating a YouTube Business with Minority I had the pleasure of . Minority Mindset with Jaspreet Singh | Ep. 84 - Money Talk with T The United States tax law has legal tax loopholes, which give certain types of income tax breaks over other types of income. And am I doing it for the right reasons?' It happens consistently. David: Talk more about the philosophy behind the Minority Mindset. It's that growth mindset." - Jaspreet Singh. We grew from just holding parties to doing parties every week. That's so true. Dr. Jim Dahle: And to really now understand how you can build wealth for yourself. Dr. Jim Dahle: I have a lot of trust issues with the government and the Fed now. Real estate, stocks, businesses, cryptocurrency, and commodities. Now when people look at that, when they look at Minority Mindset, I think the first thing that comes to mind is racial minorities. And people really liked it. And now I'm just throwing it all the way, all the sacrifices that my parents had made, all the sacrifices that my grandparents had made because our grandparents lived with us. And then all of a sudden, this YouTube channel was turning into something real. The interviews will all be public and will live right here on my website. People and brands operate on a spectrum now. 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. Let me clarify that I have no problem if you spend money on dumb things. But on the other hand, it is the number one asset. We were doing shows. I haven't licensed any technologies. He did his schooling at Sri Guru Harkrishan Public School, Amritsar. Jaspreet Singh: . And you're seeing the same thing there because they live digital lives. The Minority Mindset has nothing to do with the way you look, your ethnicity or your skin color. I don't know how to explain this. They can't afford to do that. The interest rates on your bank account are paying you 0.01% a year, which means if you have $100,000 in your bank account today, in three years your bank account is going to be $100,000 and a few pennies. I'm Jaspreet Singh "The Minority Mindset has nothing to do with the way you look. I could not do that with myself mentally. I didn't have any real estate investors in my family. And I sat down and I was like, Wait, that's kind of a cool idea. Influencers could promote their own products . Your most popular video with almost 3 million views is called These 5 Money Habits Will Keep You Poor. And that is apparently a huge attraction. Harluxsh Singh. Jan 24. Aug 2008 - Present14 years 9 months. That's why we have a national debt crisis like we talked about, because the government is spending more money than they bring in. So, I started this YouTube channel as a hobby, just to again, talk about the things that I wished that I had learned when I was younger. Jaspreet Singh: Jaspreet Singh: (1993) and a Ph.D (1998) in chemical engineering at McGill University. That's how it started off. I spent a while creating the technology. Because now you don't get the tax breaks that a business owner gets. Basic questions like, What is locum tenens? to more complex questions about pay ranges, taxes, various specialties, and how locum tenens works. You had all this interest in entrepreneurship. Year: Net Worth: 2019: $4 Million : 2020: $4.5 Million: 2021: 5 Million: 2022: 5.5 Million: Family And Early Life In the United States, Minority Mindset Jaspreet Singh was born and raised. There are so many people doing it. I would be rich. And then one day I was late to class. Then a portion of your paycheck goes to the government. Jaspreet Singh: I had no idea what to expect in college because my parents didn't go to college here. We were doing concerts. And it was a shock. If you're doing something that you hate, it's never too late to change. We gave every single teacher $500. They're really engaging and they're wonderful. I was never told to think about this type of stuff, because all I had to do was become a doctor and everything was going to magically be okay. Druva is a Leader in Cloud Data Protection & Information Management. So if you want to get seen and you want to build traffic, you have to be different. If you can build wealth yourself, if you can understand how to use your money, you can give back and you can help out in many different ways. I didn't have $10,000. And every single day, your dollars are losing value to inflation. Youre going to just blend in with everybody else if youre going to scroll past you because people have been doing it for a lot longer than you and theyve already built their niche and their space there. Jaspreet Singh: I knew I couldn't start a blog, so I started a YouTube channel as a hobby, just to talk about the things that I wished I had learned when I was younger. She did not believe it. That's my way of investing in startups. This is White Coat Investor podcast number 236 Jaspreet Singh of the Minority Mindset. Jaspreet Singh: So theyre giving people more than just a product. There are so many ways for you to make money. We also have the Minority Mindset Spanish channel on YouTube. That's when I found out they were a scam. Jaspreet Singh: I was running these businesses in secret because if my parents found out they'd be very angry. I was an entrepreneur. And I knew I liked real estate and I also knew that I didn't like the event planning business because I don't drink. If you cannot buy five of them, you cannot afford one of them. Jaspreet Singh - Trivia, Family, Bio | Famous Birthdays They asked me if I had the monetization on. What I try to do is just talk about what's going on. I step in a pothole on the way to class. But you've said, if you can't buy five, you can't buy one. And then all of a sudden, I just started generating revenue. I went on mission trips to help prepare myself, to get ready to go to medical school. Jaspreet Singh - The Climb To Wealth Blueprint - IM-Courses Jaspreet Singh: You might be asking how you're supposed to go from $40,000 to $400,000, which is a great question! Hopefully, these future spikes that we're likely to see are smaller and smaller as they go on. Jaspreet Singh aka The Minority Mindset created Market Briefs by recognizing that investors needed a shorthand email about current financial news that was both easy to read and engaging. I think you will find his story about giving up his family's dream of him becoming a doctor to follow his passions as fascinating and educational as I do. Don't throw away your brown bag for lunch, bring it home. All the sacrifices that my parents and grandparents had made. And again, financial education is so important. You need to be the person that's taking care of his money, that way you can be the person that's rich. When people look at Minority Mindset, I think the first thing that comes to mind is racial minorities. Read millions of eBooks and audiobooks on the web, iPad, iPhone and Android. Social validation is what people are looking for. Right now, the biggest liability for the average millennial is student loans. The importance of your Mindset. Jaspreet Singh: And it's that question of Why?' It seeped through my shoe. But he came on the podcast today to celebrate buying a car with cash. What kind of lessons aside from You need to become a doctor did you learn from your parents financially? And that was really interesting because Id never done anything like that before. And it's that question of Why? Why are we doing the things that we do? I'm not trying to get into politics, but it has a lot of fat in there. Neither of which are my strengths. A lot of the early businesses that I ran I had to do in secret because my parents did not want me to do anything that wasn't related to getting me into medical school. 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. Inflation wrecked my initial budget past my buffer, and while I did manage to move to a better-paying job my attempts at side hustles failed. Your most popular video with almost 3 million views is called Five money habits that keep you poor. Why are you throwing everything away? I pitched that off the top of my head and when I sat down and I was like, Wait, that's kind of a cool idea.' Once you're a doctor, you'll be financially free. We would like to show you a description here but the site won't allow us. My sock was wet as I sat down in class and just then the teacher called on me to present.
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