jaspreet singh minority mindset biography

It's the mindset of thinking differently than the majority of people. He even bought his first real estate investment property when he was just 19! I didn't mind that because one, I didn't really know what I was going to do with my life. Lesson 2 - Protect Your Assets: Estate planning, how to use legal tax shields, and asset protection strategies. And so, my dad decided to get me a tutor. You've got the ear of 30,000 40,000 doctors and other high-income professionals. 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 not earn more money. And you can give directly100% of the dollar you give rather than some smaller fraction. Dr. Jim Dahle: I love real estate because real estate provides me with consistent cash flow. I had no idea what to expect in college because my parents didn't go to college here. I ended up hiring a marketing company that made me a whole bunch of bold promises. I didn't mind that because first, I didn't really know what I was going to do with my life. He's back on the show to share his thoughts about the current economic situation and help educate people on their best . I'd find love. Its a growing business, we have a whole bunch of potential things, although the patent fell through. I was just upset. You can check out our website theminoritymindset.com. I am an attorney. I told my dad that I want to invest in real estate. . And so, I work with entrepreneurs. They gave me a 100% money back guarantee. Our dollars used to be backed by gold, but then in 1971, president Richard Nixon severed it. 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. He is still practicing. Dr. Jim Dahle: When people look at Minority Mindset, I think the first thing that comes to mind is racial minorities. No one in my family was an entrepreneur like that. And now we've grown it to something a whole lot bigger. As I started to ask why, why, why, I started to learn a lot of things that make you question the system. 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. But what's interesting is you got to ask why. I don't know if it still is, but it used to be. Jaspreet Singh: And then they felt that I just threw everything all away. 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. Jaspreet Singh was born in the year 1979 (age 31 years; as of 2020). It was serious. You're actually an inventor. I didn't have any entrepreneurial friends that had made it that could say, Hey, Jaspreet, its going to be OK,' because I didn't know anybody who did that. David: One of my favorite ideas that the best creators are short-term, catchy and long-term sticky. I was introduced to him recently at a conference called FinCon that was for producers of financial content and resources. I had taken all the pre-med classes. It's hard to focus on your own growth when you obsess over what other people are doing on IG. So, I can get paid. 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. This is where my passion was. Let me know your thoughts in the comments and all of a sudden youre interacting with me as youre watching, like I might even go and respond to your comment. And I started to really think differently because I was always told that if I became a doctor, that everything would just work out. What? And so, then they go onto my YouTube channel with me and they're like, You can turn ads on. Jaspreet Singh: And it's keeping so many people broke, but it's keeping so many other people rich at the same time. And it's unfortunate because of the United States tax code I am an attorney. 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 like to say that people are becoming brands and brands are becoming more like people. Build your wealth, buy what you can afford. I wanted to try. You go cash in that check and you take pictures of it and you can go impress your friends. Well, why am I getting a good job? Jaspreet Singh: The real outcomes from . My guest today on the White Coat Investor podcast is Jaspreet Singh. I got married and my spouse and I bought really nice cars because we wanted to keep up with our doctor friends who bought a really nice home. I'd never had anybody supporting me. Jaspreet is the Chief Executive Money Nerd at the Minority Mindset Companies and the host of the Minority Mindset YouTube Channel. Student loans are what's funding the government's operations. I'm an entrepreneur myself. But if the dollar was ever challenged as a currency, as the world's reserve currency, if the United States government was ever challenged as the world's strongest government, as the world's strongest military, as the world's strongest economy, then that would pose a challenge to the dollar. Real estate, stocks, businesses, cryptocurrency, and commodities. Like, that was cool. It's very risky. 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. Jaspreet: It has nothing to do with the way you look, your ethnicity, your skin color. Jaspreet Singh: I can't see myself doing this. And I was introduced to him recently at a conference called Fin Con. And of course, you can reach out to us. Is it to get a good job? I'm not trying to get into politics, but it has a lot of fat in there. Now when people look at that, when they look at Minority Mindset, I think the first thing that comes to mind is racial minorities. That way you can make smarter decisions. All right, a few things coming up, make sure if you are interested, you have done these. So, if we have more inflation, that means that the government can now pay back this $29 trillion worth of debt with cheaper dollars. Well, I knew I wanted to do it to make my parents happy. I started off in the entertainment business. I used to speak especially in Detroit public schools. 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. Some docs are overworked. But anyway, welcome to the podcast. Dr. Jim Dahle: We do this by . I'm a middle school kid and now I got a college tutor coming to my door, wondering what he is going to teach me? They can't afford to do that. Money isn't everything. And second, you had to leave everything. 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. Jaspreet Singh: Dr. Jim Dahle: Jaspreet Singh: Jaspreet Singh (born 1969) is a Canadian writer and chemist. Let's talk a little bit more about the government. 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. So, let's get them on the podcast. I don't have any investments. I hope there is not an echo variant down the road. Jaspreet Singh: You have got a fantastic story. Dr. Jim Dahle: They're coming out ahead on that deal for sure. And this is where a lot of people get angry. And this is why financial education is so important because you need to be the person now that isn't living broke to make other people rich. Then, I went from business to business, to business, to business, just trying a whole bunch of things. Also be aware, December 1st is the swag bag deadline for the Physician Wellness and Financial Literacy conference. I plan to conduct many interviews with writers, influencers, and entrepreneurs. Tell us about your thoughts about dumb things, spending money on dumb things. The importance of your Mindset. 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. And somehow in there you went to law school. Now it sucks for doctors. 00:50:22 I gave them a big chunk of our marketing budget. Because inflation again is when the value of a dollar goes down. Then I went to college. But I started to ask myself about my purpose and my passion. And this is where a lot of people get angry. And again, it goes back to the question of why. What do you invest in? I have no problem if somebody wants to spend $500,000 on a car. They ran away. I dont drink. Jaspreet Singh: And in 20 years, you're going to be doing the same thing right now. Jaspreet Singh: The test that you take towards the end of your college career. Because doctors are your high-income earners. That is a guaranteed route to being broke because all you're doing is saving. I don't know what that meant. The government wants to see more inflation. I didn't have any real estate investors in my family, and I didn't know any real estate investors. If you follow what the majority of people do blindly, you are pretty much guaranteed to fail. Now you're finally working. At this point, you'd already had a company really as an undergrad. I was studying for the MCAT and I was running a business at the time in college. I was never allowed to talk about money. Let me clarify that I have no problem with if you spend money on dumb things. ', I stood there thinking, Jaspreet, think of something, think of something, think of something.' Jaspreet Singh: So, if you're interested, be sure to check that out at passiveincomemd.com. I launched that product, and it did really well. We would like to show you a description here but the site won't allow us. 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. Jaspreet Singh: Enough ticks have tocked. 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. Im sure the audience was like, okay, this is cool, but you dont want to just stick to it and watch lectures all day. At this point, you'd already had a company, really, as an undergrad. 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? What have we not talked about today that you think they should know? I was never allowed to talk about money. What am I going to get from you besides just your product? Minority Mindset may earn a portion of sales from products that are purchased or recommended through our site as part of our Affiliate Partnership with retailers and brands. There's just so much that you can do. I did internships. Jaspreet is the money nerd behind theminoritymindset.com. Why do you think that resonates? He is a first-generation American with an entrepreneurial spirit that is inspiring. Jaspreet Singh is a serial entrepreneur, licensed attorney, and the founder of Minority Mindset, a financial media company & YouTube Channelwith over one million subscribers. To break away from the majority mindset thinking to now start thinking differently. And slowly that started to grow. 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. I love coming up with product ideas. Its easy to say be different, right? And if that ever happens, people will run away from dollars because they realize that their dollars are just pieces of paper. As more and more money is printed by the federal reserve bank and the government, more dollars enter our economic circulation. Jaspreet Singh: They showed me I could turn ads on to get paid. You got time and you need to understand it. Give us $10,000. Dr. Jim Dahle: You need to use your money to build your wealth first before you make everybody else around you rich. So, if we have more inflation, that means that the government can now pay back this $29 trillion worth of debt with cheaper dollars. The whole idea being that if you got $100 in the bank account, you can't afford a $100 pair of shoes. And it did really well, but that was actually the reason why I created Minority Mindset because when I launched that water resisting sock company, I was scammed by a fake marketing company. It's got a book from all of the keynote speakers. Then I invest in stocks because I believe in the American economy, although we have issues and concerns. Jaspreet Singh: 100% of the dollar you give rather than some smaller fraction. We need to help take care of the student loan issue. And now on top of that, you have to pay the highest taxes. But that was all a lie. And it was a shock. Because again, I didn't have any formal business experience. To break away from the majority mindset thinking to now start thinking differently. Then I went to college. Jaspreet: I never planned on going on youtube or making videos or being a so called insolence or, or whatever. Jaspreet Singh: Because there are so many other layers of fat along the way. Humans are emotional beings, not rational ones. But you've said, if you can't buy five, you can't buy one. And so I think its partially just being you. He purchased a 2017 minivan with 20,000 miles and felt rich doing it! 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. We have a couple of other channels that we recently launched. And to really understand how you can build wealth for yourself. I like it because I'm an entrepreneur. I advise. You're not going to like my writing. Train up a child in the way he should go: and when he is old, he will not depart from it. Jaspreet Singh: I would be wealthy and I wouldn't have to worry about anything else. Jaspreet was born to immigrant parents and grew up bilingual in a traditional Sikh family, with the strong expectation that he was going to be a doctor, but that didn't end up being the case! Why am I spending so much money to learn all this stuff? And a lot of people, the majority of people, are not willing to ask that because it's a painful question. Dr. Jim Dahle: How do you manage the tradeoff between entertainment and education? Because doctors are your high-income earners. And so, thats really what it is. What should I do?. Like finance.yahoo.com. 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. By that time, I was making good money in law school. Learn more. He's very animated and his main mediums are YouTube, is a big one. It just didn't sit right. His parents are immigrants from the state of Punjab, India. I believe that we are the strongest economy in the world and investing in the stock market gives me exposure to that. It opens up possibilities for people who are willing to think different and do things different. And now Minority Mindset is one of the fastest growing financial education and media companies on the internet. 199. Its a growing business, we have a whole bunch of potential things growing, although the patent fell through. And that's why you need more financial education. Jaspreet Singh: It's a representation of value as opposed to paper dollars, which is just a piece of paper. 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. I took the MCAT on August 22, and then on August 23, I closed on my first investment property. Jaspreet Singh: Then I have an active strategy in the stock market where now I look for undervalued companies, Im looking for companies that I believe that I want to own for the long-term. Jaspreet Singh is a serial entrepreneur, . Absolutely. I don't even know that you can make money off of YouTube. And so, your $100,000 today can buy more than what it can in three years. I don't know how to explain this. I really enjoyed talking with Jaspreet and I hope you enjoyed that interview as well. And now we've grown it to something a whole lot bigger. How well, thats what you have to figure out, thats the tough part. So, I decided to do something different, go into entrepreneurship, and learn about many other things.. And they'll say, Okay, yeah, $100 is good. Tell us about what you invest in? If you got $1,000 in the bank account, you can't afford a $1,000 watch. I didn't even know that you could make money off of YouTube. Jaspreet Singh: His family moved from India when he was young. Its like, how did this happen? It took you forever to get there. Inflation is a hidden tax. And somehow in there, you went to law school. Humans are looking for this innate sense of acceptance and the feeling that I need to show that I'm successful to make up for my lack of financial success. 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 . Life and early career. And that they're trying to manage inflation to control inflation. And then it's like, Why are we going to school? If you're willing to do it and send us a picture, we're going to send you a t-shirt and a WCI tumbler. My parents were like, If you're not going to go to medical school, you have to at least become an attorney. I started a number of companies. You have the least tax breaks that you can get out of the tax code and you also have the highest tax rates. There are so many people doing it. All of a sudden people saw their money become worthless overnight. It's just dumb. Yet there I was hosting these club parties. I don't care if the price of gold goes up or down, it doesn't matter to me. I decided to create a class called How to Launch a Business Without Getting Screwed Over,' and I charged $7 for it. I didn't have any real estate investors in my family. I was an entrepreneur. That's why you will continue to see more inflation. And then that's where everybody says, Oh, don't worry about the pay. I spent a while creating the technology. If people are not pushing you to be better, get away from them. It is their number one asset. What are you saving? Or it's not that big of a deal.' Dr. Jim Dahle: Give people a reason to follow you or, or look at your content instead of somebody elses. Before I gave them the money, I was a little skeptical. Can you please start a blog?' Many people ask about the amount of money Jaspreet Singh makes from Instagram. Jaspreet Singh: And that's when I really started to think differently. Life is short. But a lot of times, I was there working on other things, too.. But now I mean theres so much more to selling a product and just having a product to sell. I just didn't know how yet.. I can fix up a property. I never said it was everything, but it plays a part in your life and you have to understand money. Awesome. The first one on it was Don't put your paycheck on social media. He is the founder of Minority Mindset, 5 Water Socks, and 5 Water . Jaspreet Singh: Minority Mindset. And this is where you have to get financially educated. I mean, it plays a part. So that's exactly what I did. Why? He was one of the keynote speakers at the event, gave a fantastic talk and has put together some awesome resources. I didn't have any sort of reassurance. I didn't know what that meant. All of his family and community believed that the key to a happy, successful, and wealthy life was to become a doctor. 1,495 Followers, 2,496 Following, 136 Posts - See Instagram photos and videos from Jaspreet Singh (@minoitymindset) Well go on this journey together you and me. You bust your butt through medical school, through residency, through fellowship. Because now you don't get the tax breaks that a business owner gets. 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 shadowed doctors. 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. Money Management. So, I just went from business to business because that's how I learned. I had the pleasure of . Now I don't like to call it an investment. I took a speaking class. That's how it started off. Your email address will not be published. We grew from just holding parties to doing parties every week. So, I started hosting teen parties when I was in high school, my junior and senior year. And this is what made me so angry. It's a fascinating story. I made a lot of mistakes. Then I invest in stocks because I believe in the American economy, although we have issues and concerns. I realized I wasn't. Well, why am I getting a good job? I had gone through so many problems. For me, it's just money. Explore the world of Jaguar cars and learn more about models Jaspreet Singh: That business grew while I was in college. He told me to go study and become a doctor. I was like, Oh, that's easy.' But I started to ask myself about my purpose and my passion. Although he didn't receive any formal financial education - he is on a mission to make financial education fun and accessible. But the reality is people are driven by emotions. Jaspreet: Youtube and digital video is going to take over TV in because its so interactive. So I had my own ways of doing it. Jaspreet saw an opportunity. And it goes back, really the changes start from my grandparents generation because in 1947, the state of Punjab was severed. So, that's how things started for me. Jaspreet Singh: The government doesn't have that incentive of trying to become profitable because they're not a for-profit entity. Im looking for companies that I want to own for the long-term. Jaspreet Singh: Jaspreet Singh likely has additional revenue sources. And like a lot of Indian immigrants, my parents actually wanted me to become successful. And so, I work with entrepreneurs. You need to use your money to build your wealth first before you make everybody else around you rich. The goal of this episode is to get you to understand what money really is and give you the knowledge you need to change how you're using it in your day to . Instead, you're paying the highest tax rates, and you also have the least deductions. Why are you throwing everything away? They're all poised to combat inflation. And this is where the government says, Oh, we have a student loan crisis is a problem. You go cash in that check and you take pictures of it and you can go impress your friends. And you can look this up because I couldn't believe it when I saw that. David: The internet has destroyed so many barriers and unlocked floodgates of opportunity. Jaspreet Singh lived in Toronto prior to moving to Calgary. And you can give directly. I was always raised with that mentality of frugalness and not being wasteful because my family in India didn't have a lot. And the first thing that came to my mind were wet socks. I was contracted by some of the biggest clubs to do their weekly parties. We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011. The interviews will all be public and will live right here on my website. We go on these nice vacations and we live a very good life, but I don't really have any savings. The United States tax law has legal tax loopholes, which give certain types of income tax breaks over other types of income. Optimistically, Jaspreet Singh could make up to $582.44 thousand a year. I didnt know what college was supposed to be like. The Entrepreneur Jaspreet was a secret at home. I had taken all the pre-med classes. The only thing that my grandfather had was the clothes on his back and a sword in his hand. And then when you talk about whether it's welfare or teacher's paychecks or whatever it is, a teeny tiny, little fraction of your dollar will ever make it there, if that. I had no idea what I was doing and I ended up putting an offer. It seeped through my shoe. Bring home your plastic bags, I'll wash your plastic bags and put another sandwich for the next day. Thanks for coming on the podcast with us. Although he didn't receive any formal financial education - he's on a mission to make financial education fun and accessible. Dr. Jim Dahle: Dr. Jim Dahle: Jaspreet Singh: Dr. Jim Dahle: He said once I was a doctor, I would be financially free. The only way that they can pay this money back is by creating more inflation. I didnt know what college was supposed to be like. A lot of physicians have questions about locum tenens, and locumstory.com is the place for them to get real, unbiased answers to those questions. But ultimately, he knew medical school was not the path for him. And people will say, Oh, I'm not affected by that. It's great to get people that you don't necessarily think about in the White Coat Investor community on the podcast and just hear their views on money and finance and mistakes that people are making. Since I was a little kid, my parents always told me that if I wanted to become successful, I needed to become a doctor. 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. Wiki/Biography. Jaspreet Singh: 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. And so, it started off really as a hobby and then it started to grow. And in this case about becoming a doctor. That's my way of investing in startups. 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? Indian culture is a save heavy culture, the traditional Indian culture. Jaspreet Singh: It's the mindset of thinking different than the majority of people. But on the second hand, it is the number one asset. Jaspreet Singh: That way you can get paid. Freshman year, I started knocking on doors at clubs, venues, and bars, asking them, Hey, can I host a party here?' I don't have any investments. What I love about it though, is he is good at some things that I am not that good at. Straighten out your financial life today! So, this is for non-necessities, things that you don't need to survive. You find them and they catch your attention and get you really interested, but then over the long term, education is what gets you to stick around. I was a part time law student just for fun and then I did night school for acting or like once or twice a week. David: The relationships that we have with brands have also changed the way that we consume their content on social media. And in most Indian households, the way that you become successful is by studying hard and by becoming a doctor. And it all started just from a simple Instagram page, which grew into a YouTube channel. Build your wealth, buy what you can afford. Jaspreet Singh , Founder, Minority Mindset & CEO, Market Briefs Headshot of Jaspreet Singh Jaspreet Singh The Minority Mindset & CEO, Market Br.

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