jaspreet singh minority mindset biography jaspreet singh minority mindset biography
Jaspreet Singh: And second, I knew that if I go to law school, I can go to law school part-time. But a lot of times, I was there working on other things, too.. 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. So, that's why we want to see more inflation. Where do you get your inspiration from and what sorts of things have you done to become a better Youtuber? Real estate is horrible. We grew from just holding parties to doing parties every week. This started actually toward the end of my college career. Its the mindset of thinking different than the majority of people. When you don't have to struggle and worry about how to pay the bills.. I was late pretty often, but it was raining that day. And this is Peter Kim. I never had any sort of formal business experience. Jaspreet Singh: Jaspreet Singh: animals scientists are trying to bring back megalodon. I could either become a doctor or I could be a failure. The United States tax law has legal tax loopholes, which give certain types of income tax breaks over other types of income. I worked with textile manufacturers, with manufacturers to create this water-resistant sock. I just didn't know how yet. Leif is an anesthesiologist who retired at 43 and now travels the world with his two sons and does whatever he wants. There was no concept of waste in India at that time because you didn't have anything that you could waste. Since writing the original Naked Brands post, Ive applied the concept to finance,fashion,music, and basketball. And then one day I was late to class. I'd never had anybody supporting me. It's the mindset of thinking differently than the majority of people. Is it going to be you or the government? Well, if your pay doesn't matter, then tell your boss not to pay you. This is where you have to get financially educated. That was the incentive for me where Yeah, I can make that sacrifice. You need to be the person that's taking care of his money, that way you can be the person that's rich. I put it under the alias Minority Mindset. And so, it started off really as a hobby and then it started to grow. No one in my family was an entrepreneur like that. You go cash in that check and you take pictures of it and you can go impress your friends. Yeah. This is where my passion was. I invest in them. I got irritated, because I didn't have any sort of entrepreneurship education and I had been scammed. You can check out our website theminoritymindset.com. For doctors, the story has changed. Because if we spend all this time with youtube, we all spend more close, really intimate time with these youtubers than we do with our friends, with our family and Im just wondering how you think about the relationships that you have with your audience and how you think about camera shots like that? Like my family comes from a small state in India called Punjab. I had calls coming in from my uncle. I don't have any investments. I was becoming a doctor for the wrong reasons. They earn their money to do whatever it is they want to do through tax dollars. That I'm crazy. The government and the Fed can turn off our dollars. Singh's autobiographical essay "My Mother, My Translator" published online by GRANTA is an . Jaspreet Singh is a serial entrepreneur, . There's a clear philosophy running through all of those assets. I'm running to class. Awesome. And that's what the Minority Mindset is all about. So I started pitching this water-resistant sock. 00:50:22 And this is where you have to get financially educated. And the first thing that came to my mind were wet socks. But then I also had this entrepreneurial mindset where I would now ask, If I want to become a doctor and I want to get the best financial return out of being a doctor, how do I do that? So, everywhere at Minority Mindset.. It's just something that I own, like money. We publish blog posts there every day. Absolutely. Ill always been an entrepreneur and I was working, I want in my previous business ideas and we, when I was getting ready to launch it, I hired a marketing company to help you with the marketing of it during Gar crowdfunding phase. There were riots and looting that happened and they were attacked. Even though I had gone through so much schooling, even though I had spent so much money in college, nobody taught me this. It seeped through my shoe. So I told myself I was not going to be a doctor. Jaspreet pursued a Bachelor of Technology in Computer Science (2007-2011) at Guru Nanak Dev University, Amritsar. And some people will say, Oh, well, it is my duty to take care of people and pay taxes. Our estimate may be low though. I wish I would have done something 10 years ago. Just that idea resonates with so many people. And now I create consistent predictable cash flow and it comes with legal tax breaks. Now we cant control it. And it's keeping so many people broke, but it's keeping so many other people rich at the same time. I was like, Present what? See whats going on and everything. The Minority Mindset has nothing to do with the way you look, your ethnicity, or your skin color. My parents started calling their friends. It took my mom a year and a half to finally grasp that her son was not going to be a doctor. And I started to ask myself, Why? I had a channel that was growing and one of my friends asked me, How much does your YouTube channel pay you? I was like What are you talking about? Jaspreet Singh: My family ancestors are from the state in India called Punjab. Jaspreet Singh: Hope I don't sound too nasally today. 868K Followers, 135 Following, 6,307 Posts - See Instagram photos and videos from (@MinorityMindset) Real estate prices were at rock bottom. Jaspreet Singh was grew up in India and Kashmir. If you have $1,000 in the bank account, you can't afford a $1,000 watch. There was nothing in between. 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. They showed me I could turn ads on to get paid. But I like where this is trending. I did internships. His topics include real estate investing, getting rich during a recession, and helpful moneymaking habits. You start to question the things that we're taught in society. The government and the Fed will keep telling you that this inflation that we're seeing, it's just temporary. You were born in Michigan, correct? Dr. Jim Dahle: And again, it goes back to the question of why. It's just something that I own, like money.. But on the other hand, it is the number one asset. But some people would say, Sure, we won't charge you any money. I have gone through so many hurdles in business. Jaspreet Singh: 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. Like finance.yahoo.com. I didn't know any real estate investors, but I was like, I'm going to invest in real estate. Some of them will succeed. And in 20 years, you're going to be doing the same thing as right now. It's the mindset of thinking different than the majority of people. So, I just went from business to business because that's how I learned. The Entrepreneur Jaspreet was a secret at home. That's how strict my parents were that I had to become a doctor. And I started pitching this water-resistant sock. There was no money in it yet, but I liked it. By that time, I was making good money in law school. And of course, you can reach out to us. I'd be happy. Jaspreet Singh: 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. The whole idea being you had to think differently than the majority of people. They're coming out ahead on that deal, for sure. So then I called up an agent, started looking at properties kind of long weekends and I found a cheap condo again. 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. And so, I kept hearing that I'm throwing everything away. But what you can do is get financially educated and do something with your money. It was really cool and I never thought about it like that until I thought. I love real estate because real estate provides me with consistent cash flow. And in 20 years, you're going to be doing the same thing right now. The Fed wants to see more inflation to make that debt pay down possible. So, I decided to do something different, go into entrepreneurship, and learn about many other things.. Well, why am I getting a good job? So theyre giving people more than just a product. Its burdening people who go to school. And I said, okay. You're saving dollars. People and brands operate on a spectrum now. 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. I was not okay with that. Jaspreet Singh: Trying to get more people trying to increase the relationships that you do have. Outside of that they are as poor as the rest of us. Cryptocurrency is the people's movement of money from the bottom up, unlike our dollars, which are controlled by a central authority, the Fed Reserve bank. What you can do is now get financially educated and do something with your money. Jaspreet Singh: You can buy more things with your paycheck. Let's talk about some of the things you teach on your channel. And it's unfortunate because of the United States tax code I am an attorney. His family moved from India when he was young. Enough ticks have tocked. 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? You want to sit there and have fun and relate to the person. So, this is for non-necessities, things that you don't need to survive. I pitch that off the top of my head. I didn't mind that because one, I didn't really know what I was going to do with my life. And it was hard because I kept hearing that everywhere I looked. And the sky was red from artillery shells and bombs bursting. The government doesn't have that incentive of trying to become profitable because they're not a for-profit entity. Jaspreet Singh: Go to locumstory.comand get the answers. As I started to ask why, why, why, I started to learn a lot of things that make you question the system. I kept putting the project off, and then one day, I was late to class. Our sock company was making good money. Let's talk about some of the things you teach on your channel. I buy properties. Week 5: Be Great. Gold, silver, cryptocurrency, real estate. Dr. Jim Dahle: Although he didn't receive any formal financial education - he is on a mission to make financial education fun and accessible. Minority Mindset, LLC agent is Jaspreet Singh. ', I stood there thinking, Jaspreet, think of something, think of something, think of something.' And just look at the next generation. Tell us about what you invented. 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. Dr. Jim Dahle: I was making good money. And slowly that started to grow. 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 you don't get screwed over by the system. 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? I now had an asset that was paying me $600 a month in rental income. I was like I've tried a bunch of different business ideas. And so I think its partially just being you. I didn't know what I was going to do with it. You're not going to like my writing.' This started actually towards the end of my college career. 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? In his spare time, Jaspreet enjoys fitness, climbing trees, and playing hide-and-seek. Where can listeners go if they want to learn more about you and what you are teaching? I can help build up a neighborhood, rent the property out. Toward the end of my college career, I knew I was not going to medical school and that I wanted to be an entrepreneur. Together, well cross industries, speak with experts around the world, and explore the past, present, and future of Naked Brands. You start to question the things that we're ingrained with to believe. And this is where the government says, Oh, we have a student loan crisis is a problem. Dr. Jim Dahle: I wasn't doing it because I wanted to be a doctor. And the Academic Jaspreet was the person that was home on weekends to show, yes, I'm trying to go and achieve these things in school because that's what everyone thought that you needed to do in order to become successful. I went to law school part-time, ran my businesses full-time and I graduated law school. It really just depends on what you want to do and theres an audience for everybody. They ran away. I dont drink. Jaspreet Singh: It wasn't making any money or anything significant. So how about instead of going to the parties, start hosting them. All of his family and community believed that the key to a happy, successful, and wealthy life was to become a doctor. And as soon as I gave them the money, I never heard from them again. I didn't know what that meant. They're really engaging and they're wonderful. And if you're a doctor and you didn't have half a million dollars to pay for your education, you probably have some student loans, too. But that was all a lie. And that is apparently a huge attraction. And I got a D+ in one of our report cards in middle school for English. I took the MCAT on August 22, and then on August 23, I closed on my first investment property. He's on a mission to make financial education fun and accessible. And so, I decided to start looking at rental property. And Instagram's a big one for him. And second, you had to leave everything. Give people a reason to follow you or, or look at your content instead of somebody elses. Well go on this journey together you and me. 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. Do you feel like you're a member of a minority writing for other minorities? Final question. But that's how it started.'. Listen to the Milestones to Millionaire Podcast here. Am I going to say, Dang it, I should have tried something else? And that's where I started learning more by asking that question of, Why?' Giving is a part of me, its a part of my religion. 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. We have all these expenses. Jaspreet Singh: I was 19 years old. 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?. 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? Straighten out your financial life today! The number one liability for millennials are student loans. According to Michigan business register Minority Mindset, LLC status is Active. The price of everything is going to keep going up. 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. What started as a YouTube Channel dedicated to simplifying financial health and educational content has turned into a movement. And what's interesting is the single type of income which has the least tax loopholes which has the highest tax rates [is] earned incomethe money you make from a job and more specifically earned income from high income earners, aka doctors, attorneys, professionals. I never had a mentor. But the problem with deflation is that it means the government has to now pay back the $29 trillion with more expensive dollars. So then I was like, well I dont know if Im going to listen to my dad here. It used to be. If docs are in shock as a pandemic clock, tick-tocks, then locums is the token to unburned the burnt out broken. Anybody can start a youtube channel. But now I'm leaving college and it's like, This is not what I want to do. Naked Brands are a new kind of brand enabled by social media, powered by personality, and built for the digital age: Naked Brands are founded by social media influencers. She did not believe it. Watch the full ep. The easiest way to understand what it means to afford is just to follow my rule of five, which says, if you cannot buy five of them, you cannot afford one of them. The younger generation spends a lot of time on video games. 199. And after that, they tied him up on a horse and that was it. He's also an anesthesiologist. Jaspreet Singh: Socks are making money. I was never allowed to talk about money. If you follow what the majority of people do blindly, you are pretty much guaranteed to fail. That social validation is such a big factor in our lives and it affects people's finances. And that's when I really started to think differently. There are ways to do that through your investments, that we are not paying out 60% of your income in taxes, legally. And that's when I decided that I needed to tell my parents, because now I had taken the MCAT and I did decent on the MCAT but I was not going to apply to medical school. 1,495 Followers, 2,496 Following, 136 Posts - See Instagram photos and videos from Jaspreet Singh (@minoitymindset) What are you saving? I wanted to do it because I thought it would make me successful. How much car can you afford? Getting out of your comfort zone to do something that youve never done before, thats the only way youre gonna be able to grow and get to somewhere where you want to be. David: As you were going through acting school and think back, if you could go back to one or two things specifically, what were they? Most people grow up with an idea of what they want to be and Jaspreet Singh was no different. This was a great time. Jaspreet Singh: Because again, I didn't have any formal business experience. And our YouTube channel was growing. There is a new tax bill in Congress. We will send a copy of The White Coat Investor's Guide for Students for you and every person in your class. And I thought, OK, this is cool. But I decided I was going to invest in real estate. He's very animated and his main mediums are YouTube, is a big one. 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 shut it down because I did not see myself doing that long-term. It is never too deep. I told my parents and my mom nearly had a heart attack. He said, I have learned a lot from this podcast. Jaspreet Singh: Real estate, stocks, businesses, cryptocurrency, and commodities. And then all of a sudden, I just started generating revenue. The Minority Mindset YouTube channel offers free advice for people who want to learn how to be more fiscally responsible. You can check us out on social media as Minority Mindset. Jaspreet Singh shares his inspiring story on how he started Minority Mindset and how he created content for social media to grow his brand. So after I got scammed I was like, well let me do something about it. Now you're finally working. We're on a journey where I never would have expected that because that wasn't what I tried to do. Look, you have one life to live. They just let him go. Some of them will go nowhere, but most of them will fail. Thankfully though he still blogs at Physician on FIRE because he puts out some great content there. Market Briefs exists as a separate entity from Minority Mindset. One is Physician on FIRE. I had started somebody's business ideas. Housing prices were at rock bottom. 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. My guest today on the White Coat Investor podcast is Jaspreet Singh. . It doesn't bother me. No one in my family was an entrepreneur. And then that grew because I got to meet a lot of the DJs. We're on a journey I never would have expected, because it wasn't what I tried to do. You start to question the things that we're taught in society. Thank you so much for being on the White Coat Investor podcast. 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. It used to be. Again, financial education is so important. But you could see some people that would be really creative and do different things. Your email address will not be published. He moved to Montreal in 1990 where he completed both an M.Eng. I was already running my own business. Many people ask about the amount of money Jaspreet Singh makes from Instagram. I didn't like the industry. We need to help take care of the student loan issue.' Jaspreet Singh: Why am I spending so much money to learn all this stuff? I spent a while creating the technology. Don't forget about our champions program whitecoatinvestor.com/champion.
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