Now one of those businesses involved an invention. I can help give them exposure. What advice do you have for them? I love coming up with product ideas. I had no idea what I was doing. You can check us out on social media as Minority Mindset. I said, You're telling me I can get paid for this?' I was investing in real estate. Dr. Jim Dahle: David: If you watch movies to act or never really looked at the camera, youll get a show like The Office where they break the 4th Wall, and shoot with a shaky camera and the interviews really feel like the white is talking to if you were. My parents always told me that was bad (entrepreneurship and business), thats evil, stay away from it. I stepped in a pothole and my foot was soaking wet. I don't care if the price of gold goes up or down, it doesn't matter to me. Jaspreet Singh: And the second thing they are trying to do now is raise taxes, especially on high-income earners, cough-cough doctors, as a way to earn more money. I was in class paying attention and I love learning. Now, Im writing a book about Naked Brands. That business grew while I was in college. I wanted to do it because I thought it would make me successful. Why this Entrepreneur Believes Anything is Possible | Keap 199. Why did I want to become a doctor?' We need to help take care of the student loan issue. And from your experience, now that youve thought about this from a youtube perspective, how is your interaction with brands changing? Some of them would say, Yeah, sure. This is something that I own. All of a sudden people saw their money become worthless overnight. And everybody was like, Hey, you should start a social media page. And they'll say, Okay, yeah, $100 is good. Jaspreet is the money nerd behind theminoritymindset.com. And that's what the Minority Mindset is all about. 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. There is a new tax bill in Congress. And it's that question of Why?' Same thing, I was just talking about the things that I wish I had learned. Give us $10,000. Jaspreet was born right into a hard-working immigrant household that, like many different households in related conditions, desired for him to change into a profitable physician. . Jaspreet Singh - Trivia, Family, Bio | Famous Birthdays And so, that's one thing that I learned. And so, I grew up with that understanding of don't be wasteful. Jaspreet Singh (@minoitymindset) Instagram photos and videos He did his schooling at Sri Guru Harkrishan Public School, Amritsar. Where can listeners go if they want to learn more about you and what you are teaching? We need to help take care of the student loan issue.' Money isn't everything. I invest my money in cryptocurrencies. 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. Some people will say, It is my duty to take care of people and pay taxes.' If you're doing something that you hate, it's never too late to change. The test that you take towards the end of your college career. And then during my free time I was reading financial news. Why are we doing the things that we do? It's burdening young people. So, I started hosting teen parties when I was in high school, my junior and senior year. So, everywhere at Minority Mindset.. There is a new tax bill in Congress. Jaspreet Singh From Minority Mindset Announces Release of Information I was contracted by some of the biggest clubs to do their weekly parties. So you introduce yourself and then say Im here for the job attribute. Our sock company was making good money. I buy properties. Go study, go become a doctor. He was one of the keynote speakers at the event, gave a fantastic talk and has put together some awesome resources. When people look at Minority Mindset, I think the first thing that comes to mind is racial minorities. And then people would say, Oh my God, dude, I really like your content. We try to test out different titles. Jaspreet Singh: Although he didn't receive any formal financial education - he is on a mission to make financial education fun and accessible. Jaspreet is self-taught. Jaspreet Singh: I was like I've tried a bunch of different business ideas. You can start investing in other assets.. He purchased a 2017 minivan with 20,000 miles and felt rich doing it! This is a $100 swag bag at least. That is 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. 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. Harluxsh Singh. Well, why am I getting a good job? Jaspreet Singh , Founder, Minority Mindset & CEO, Market Briefs Headshot of Jaspreet Singh Jaspreet Singh The Minority Mindset & CEO, Market Br. Jaspreet Singh: It opens up possibilities for people who are willing to think different and do things different. I love real estate because real estate provides me with consistent cash flow. I had done the volunteering. Like finance.yahoo.com. Actually, I had two options. It's that growth mindset." - Jaspreet Singh. Just that title people want to know what are the money habits that are keeping me poor. And now we've grown it to something a whole lot bigger. Well go on this journey together you and me. Dr. Jim Dahle: I don't have any investments. But you've said, if you can't buy five, you can't buy one. Giving is a part of me, its a part of my religion. You start to question the things that we're ingrained with to believe. You have so many layers of bureaucracy, which makes the company fat, because now it makes a dollar, but then it just spends a whole bunch of money on a lot of useless things. Well, I knew I wanted to do it to make my parents happy. Dr. Jim Dahle: And somehow in there, you went to law school. I had the pleasure of . Jaspreet Singh: 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. And a lot of the things that I talk about are things that I have seen or things that I have gone through. That was when I decided that I would put something out there to help people launch a business and not get screwed over.. 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. Its all in student loans and yet you're sitting here blowing all your money?' 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? Sure. Dr. Jim Dahle: I ended up hiring a marketing company that made me a whole bunch of bold promises. And every single money book that I read said that wealthy people invest in real estate. Im a sarcastic person and Im not too funny, but Ive tried to throw in with jokes here and there. The first one on it was Don't put your paycheck on social media. They're coming out ahead on that deal, for sure. I dont drink. Some of them will go big. I worked with textile manufacturers, with manufacturers to create this water-resistant sock. Dr. Jim Dahle: Thank you so much for having me. I had calls coming in from my uncle. 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. That means now your salary that you're earning is not worth as much. That social validation is such a big factor in our lives and it affects people's finances. The Market Insiders app will give you access to live calls multiple times a month where you can apply your financial education to what's happening in the economy. Go check out & read the full interview Jaspreet did with Policygenius Inc. Read the full . And so, that's why I invest in commodities like gold. They always told me, be a doctor, be good in school, blah, blah, blah, all that stuff. Jaspreet Singh: Is it going to be you or the government? Its like, how did this happen? Just giving you a lecture on information, but was getting bored of it. The United States government has almost $29 trillion worth of national debt right now. Read millions of eBooks and audiobooks on the web, iPad, iPhone and Android. We were walking down the street giving away $200 to people who could answer these financial questions. Sure. Right now, the biggest liability for the average millennial is student loans. Jaspreet Singh shares his inspiring story on how he started Minority Mindset and how he created content for social media to grow his brand. But what's interesting is you got to ask why. Dr. Jim Dahle: He was like, You're stupid. Jaspreet Singh: $50 per post at $10/CPM. We need one from each class to distribute the White Coat Investors Guide for Students to every member of your class. My sock is wet. And people really liked it. And I did school that did all of that and I was always doing my entrepreneurship stuff on stuff on the side because data approve of what I did. And it's that question of Why? Why are we doing the things that we do? And then all of a sudden, I just started generating revenue. Jaspreet Singh: They ran away. Jaspreet Singh: The majority of people are broke. Jaspreet Singh Email & Phone Number - Shiva Fas.. | ZoomInfo I'd never had anybody supporting me. This is the White Coat Investor podcast where we help those who wear the white coat get a fair shake on Wall Street. You can check us out on social media as Minority Mindset. Has a heavy real estate focus for sure on the blog, but also some other methods of passive income. How much car can you afford? Jaspreet Singh, the Minority Mindset, is an attorney, investor, and CEO of Market Briefs. 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. It just didn't sit right. And people will say, Oh, I'm not affected by that. I didnt know what college was supposed to be like. And again, it goes back to the question of why. You're not going to like my writing.' Registration is open for The Physician Wellness and Financial Literacy Conference. But something in the back of my mind told me that's not true. Give people a reason to follow you or, or look at your content instead of somebody elses. But some people would say, Sure, we won't charge you any money. And like a lot of Indian immigrants, my parents actually wanted me to become successful. Jaspreet Singh: He's very animated and his main mediums are YouTube, is a big one. For me, it's just money. I had no idea what to expect in college because my parents didn't go to college here. And the savings that you have in the bank account, can't buy you the same things that they could before. Dr. Jim Dahle: The United States government is not a for-profit entity. It's a fascinating story. Jaspreet Singh: And now I have this conflicting war going on in my brain, where if I'm trying to maximize my revenue by seeing as many patients as possible, I'm not going to necessarily be able to provide the best value possible to each patient if I'm trying to extract as much money as I can. We change it sometimes. Inflation is a hidden tax. What I try to do is just talk about what's going on. If You Want To Become Rich, Take These Steps with Jaspreet Singh I'll bet there are people in our audience that face that same thing and decided to go to medical school and come out of their training pipeline at 35 and realize they really don't want to be doctors either. How do you think the government works? I didn't know what I was going to do with it. We were doing shows. And fortunately for me, this was at the bottom of the 2008 real estate crash. So I had my own ways of doing it. Why do you think that resonates? It's the mindset of thinking differently than the majority of people." . What dumb things do people spend money on? And they would try to turn the money to something else. I used to speak especially in Detroit public schools. Yes, that's correct. Inflation is a hidden tax. I was just upset. It's the same reason that people will live paycheck to paycheck to drive a BMW. That's my way of investing in startups. I have a passive strategy where every week I have money going into ETFs that give me exposure to the general stock market. Minority Mindset, LLC - Northville - Michigan - BusinessWiki.info But I started to ask myself about my purpose and my passion. Then, I went from business to business, to business, to business, just trying a whole bunch of things. And so, thats really what it is. Jaspreet Singh - Asian Heritage in Canada I renovate them. The whole idea being that if you got $100 in the bank account, you can't afford a $100 pair of shoes. Build your wealth, buy what you can afford. Jaspreet Singh: Programmation et technologies internet; Rseaux informatiques et scurit; Gestion de projets informatiques T.I. As I started to ask why, why, why, I started to learn a lot of things that make you question the system. Now it sucks for doctors. 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. People want some other value. David: You bought your first property during the financial crisis when you were 19 years old, if you could just walk through that story. I could not do that with myself mentally. He was raised with the expectation that he would become a doctor. Well, I need to see as many patients as possible. You can buy more things with your paycheck. The government doesn't have that incentive of trying to become profitable because they're not a for-profit entity. You start to question the things that we're taught in society. I would be wealthy and I wouldn't have to worry about anything else. 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. And second, I knew that if I went to law school, I could go part-time. I didn't like the industry. I look forward to hearing from you. I renovate them. I told my dad that I want to invest in real estate. And slowly that started to grow. I didn't have any sort of reassurance. And so, obviously there is a time and place for government, there's a need for them. I'm making good money here. Jaspreet Singh: I have no problem if you want to spend $100,000 on an engagement ring, it doesn't bother me. I was already doing other things, but now I'm starting to understand investing. I'm running to class. But Minority Mindset is my passion. Now it'll probably have some changes between the time we record this and when this actually runs, but what are your thoughts on that new tax bill coming through? We appreciate it though. 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. It just shows the opportunity now that the internet has brought to people because you can do anything you want and be whatever you want and live your life the way you want. There was no money in it yet, but I liked it. Theyre giving people a reason to come to them. Why did we do certain things? He loves spending time guest speaking in Detroit Public Schools. So, our dollars are backed by the United States government, which is backed through our economy. Just that idea resonates with so many people. We call it the WCI Network and we have two of those. 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. The only thing that bothers me is when people spend lavishly when they don't have the money to do so. Gold is a representation of value because it takes time, effort, and labor to mine gold. There's just so much that you can do. I can fix up a property. FTX lawsuit: YouTubers 'Meet Kevin', Graham Stephan and Minority It's not how much money you make, its how much money you keep. And that they're trying to manage inflation or control inflation. All right, we've got a special guest today I think you're really going to enjoy. Even if Im learning something, I wanted it to be an enjoyable experience because now I mean it goes back to supply and demand. Now you're finally working. I love talking about this stuff because these are things that I wish I learned when I was getting started when I was growing up. If youre willing to put in the work. Its story time, brought to you by locumstory.com. Dr. Jim Dahle: Jaspreet Singh: And yet I'm sitting here hosting these club parties. Jaspreet Singh: As more dollars enter our economic circulation, the value of each individual dollar goes down. Jaspreet Singh: He is still practicing. Why am I going to go to your brands page? Because if you were in your home, there was a chance that you could have been killed. It makes the majority of people who do not understand it poorer, and makes the financially educated richer. I don't drink, I never drank. I mean, I kind of did. That's my way of investing in startups. 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. I spent a while creating the technology. And then people would say, Oh my God, dude, I really like your content. And that they're trying to manage inflation to control inflation. And I think he offers an awesome perspective on finance. I had no idea what that meant, but I was like, let me figure it out what this is. It's the mindset of thinking differently than the majority of people. She did not believe it. Like I was just there. How Jaspreet Singh Grew to become The Minority Mindset Plan 1: Develop into A Physician. I started hosting teen parties when I was in high school because I was working in the wedding business. Anybody can start a youtube channel. Real estate, stocks, businesses, cryptocurrency, and commodities. It wasn't making any money or anything significant. And in 20 years, you're going to be doing the same thing right now. Then I have an active strategy in the stock market where I look for undervalued companies. Jaspreet Singh: Its burdening people who go to school. Video host: Jaspreet Singh DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. You are never going to be able to become rich and financially free through just spending less money. There were riots and looting that happened and they were attacked. How Jaspreet Singh ACTUALLY Started Minority Mindset - YouTube Build your wealth, buy what you can afford. Jaspreet Singh: They're really engaging and they're wonderful. The United States government has almost $29 trillion worth of national debt right now. And this is where you have to get financially educated. He even bought his first real estate investment property when he was just 19! It took my mom a year and a half to finally grasp that her son was not going to be a doctor. And it's keeping so many people broke, but it's keeping so many other people rich at the same time. But it wasn't a tutor for the English class that I was struggling with. My grandparents who were six went to the west side of Punjab, and all of a sudden, they had to pack up and leave. Let's talk a little bit more about the government. And our YouTube channel was growing. Jaspreet Singh is an entrepreneur and an investor. But what you can do is get financially educated and do something with your money. His rise to the status of one of the world's wealthiest people is a direct result of this success.