Jaspreet Singh: Money is a representation of value. And they didn't understand what I was doing, my parents and all of their friends didn't understand what I was doing. Jaspreet: I never even knew what entrepreneurship was. Jaspreet Singh: You need to know how to build wealth. And slowly that started to grow. David: What other YouTube entrepreneurs inspire you? If you have $1,000 in the bank account, you can't afford a $1,000 watch. I did internships. It is a core tenant in my religion to give back. So how about instead of going to the parties, start hosting them. 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 grabbed my backpack. It started off really as a hobby and then it started to grow and I hit this kind of turning point where I got denied with a patent for my sock company. Jaspreet Singh likely has additional revenue sources. Locum tenens tend to trend as a godsend demand, to burnt out ends. Because you can do what you love and you should do what you love, but it's a lot easier to do what you love when you are okay financially. Jaspreet Singh: He purchased a 2017 minivan with 20,000 miles and felt rich doing it! The majority of startups are going to fail. All I need to do is become a doctor. David: Talk more about the philosophy behind the Minority Mindset. Jaspreet Singh: The Minority Mindset YouTube channel has changed the lives of nearly 1,000,000 YouTube subscribers with their videos being viewed 5 million times a month. Build your wealth, buy what you can afford. In fact, the Rona is doing great. She was devastated. And this is where a lot of people get angry. Jaspreet Singh: This happens every week, whether the market is up or down. Gold is a representation of value because it takes time, effort, and labor to mine gold. You'll be wealthy. Its the mindset of thinking different than the majority of people. 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. Video host: Jaspreet Singh DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. I can help give them exposure. Enough ticks have tocked. Tell us about your thoughts about dumb things, spending money on dumb things. That's why you will continue to see more inflation. Your family has a fantastic story. 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. I buy properties. 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. Read Paying Off $123K of Student Loan Debt in 1 Year Revisited - 5 Year Anniversary by with a free trial. Jaspreet Singh: That is when I started to really ask myself, Is this the right thing for me? 199. And in 20 years, you're going to be doing the same thing right now. And it's that question of Why? Why are we doing the things that we do? 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? If you follow what the majority of people do blindly, you are pretty much guaranteed to fail. And WCI con, December 1st is your deadline whitecoatinvestor.com/wcicon22 is where you can register for that. And then people would say, Oh my God, dude, I really like your content. 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. He said once I was a doctor, I would be financially free. Tax the rich, this and that.' It can't stretch as far. Just that title people want to know what are the money habits that are keeping me poor. All of a sudden people saw their money become worthless overnight. It's not the amount of money you pay for a regular skin or a regular whatever. So, I can get paid. Let's talk about some of the things you teach on your channel. Yet there I was hosting these club parties. Since writing the original Naked Brands post, Ive applied the concept to finance,fashion,music, and basketball. But some people would say, Sure, we won't charge you any money. You've got the ear of 30,000 40,000 doctors and other high-income professionals. That's got to be a $75 value. Instead, you're paying the highest tax rates and you also have the least deductions. Aug 2008 - Present14 years 9 months. 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? Jaspreet: Theyre fun to watch. And you can give directly100% of the dollar you give rather than some smaller fraction. Minority Mindset was founded to revolutionize the way Money Minds think about money and to make financial literacy fun. 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. That way you can get paid. David: The internet has destroyed so many barriers and unlocked floodgates of opportunity. We don't have information about this . I love real estate because real estate provides me with consistent cash flow. I hope we always are worthy of that trust. It was just me and a couple of guys who were trying to figure things out that were friends with me, but everybody else was doing the same thing. There was no money in it yet, but I liked it. Jaspreet Singh: I thought that everybody goes to college to study and spend Friday nights in the chemistry lab doing reactions. Jaspreet Singh: That business was growing. Actually, I had two options. I ran an event planning business and I was making money and I started reading money books. Also available on Audible! And you can give directly. Dr. Jim Dahle: And that's when my dad said I'm done with here and started the journey to America. It's not how much money you make, its how much money you keep and what you do with your money that matters. And am I doing it for the right reasons? And I realized I wasn't. You had all this interest in entrepreneurship. That way you can make smarter decisions. I've got a bit of a cold. I never thought about screaming or just whatever they did, youre just kind of see different peoples flavors in different situations of the same thing. Well, the original title for that video, we actually just changed that recently was You are guaranteed to go broke if you do this. I had gone through so many problems. I never once learned to think about building wealth. There's just so much that you can do. I had the pleasure of . And I was like, Okay, this is cool. And Instagram's a big one for him. That's so true. I didn't have any sort of reassurance. Jaspreet Singh: 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. The government doesn't have that incentive of trying to become profitable because they're not a for-profit entity. And money was taboo when I was growing up. We're on a journey where I never would have expected that because that wasn't what I tried to do. $35 per post at $7/CPM. Do you feel like you're a member of a minority writing for other minorities? Because you can do what you love and you should do what you love, but it's a lot easier to do what you love when you are OK financially. I invest my money in five places. Jaspreet Singh: Money is a representation of value. So theyre giving people more than just a product. Our estimate may be low though. Jaspreet Singh: Jaspreet Singh: Jaspreet Singh: But a lot of times, I was there working on other things, too.. Then a portion of your paycheck goes to the government. Our guest is a general dentist three years out of training. So I created the Minority Mindset Instagram page. He was raised with the expectation that he would become a doctor. Don't waste your time doing something that you don't care about or something that you don't like or something that you don't love. My grandparents lived with me. Minority Mindset was founded to revolutionize the way people think about money and to make financial education fun. The majority of people are broke. I believe that we are the strongest economy in the world and investing in the stock market gives me exposure to that. Jaspreet Singh: You can check us out on YouTube, Minority Mindset. Housing prices are at rock bottom. We publish blog posts there every day. Dr. Jim Dahle: I pitch that off the top of my head. 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? He moved to Montreal in 1990 where he completed both an M.Eng. Its just unbelievable. Minority Mindset, LLC is a Domestic Limited Liability Company located in Northville , Michigan. We change it sometimes. Jaspreet Singh: The United States government is not a for-profit entity. It's very risky. We try to test out different titles. Straighten out your financial life today! Dr. Jim Dahle: I was always raised with that mentality of frugalness and not being wasteful because my family in India didn't have a lot. So then I was like, well I dont know if Im going to listen to my dad here. And every single day, your dollars are losing value to inflation. It's part of my beliefs. And just look at the next generation. He is the founder of Minority Mindset, 5 Water Socks, and 5 Water . Dr. Jim Dahle: Absolutely. Jaspreet Singh: Bring home your plastic bags, I'll wash your plastic bags and put another sandwich for the next day. And so, obviously there is a time and place for government, there's a need for them. Jaspreet Singh: When I first made that video, I used to guest teach in high schools. And it's funny because when I started, I didn't start Minority Mindset with the intention of making money. We're on a journey I never would have expected, because it wasn't what I tried to do. Jaspreet Singh: And you're seeing the same thing there because they live digital lives. And then you're going to look back and say, Oh my God, I wish I would have done something five years ago. In the library all day. Dr. Jim Dahle: I spent a while creating the technology. 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. When I came to college, I wasnt much of a partier. I knew I liked real estate and I also knew that I didn't like the event planning business because I don't drink. Minority Mindset. Money Management. Jaspreet Singh: I believe that we are the strongest economy in the world and investing in the stock market gives me exposure to that. Then I invest in startups. It's the mindset of thinking differently than the majority of people." . Now were at like 350,000 subscribers, tens of millions of views. So, you need to plan for that, that way you can start investing in other assets that we have more than one stream of income that isn't just relying on you. And then I invest and I own commodities like physical gold, because that is real money. All the sacrifices that my parents and grandparents had made. Some of them will succeed. I went on mission trips to help prepare myself, to get ready to go to medical school. I was studying for the MCAT and I was running a business at the time in college. But on Youtube, youre getting these very close relationships with youtubers and its sort of crazy, right? And then when I find a good undervalued company, Ill buy it. Our dollars used to be backed by gold, but then in 1971, president Richard Nixon severed it. Your email address will not be published. And then during my free time I was reading financial news. Many people ask about the amount of money Jaspreet Singh makes from Instagram. It's not how much money you make, its how much money you keep. Jaspreet Singh is a Founder at Minority Mindset based in Detroit, Michigan. Jaspreet Singh: Like finance.yahoo.com. I do have some experience in this event planning business. The only thing that my grandfather had was the clothes on his back and a sword in his hand. I didn't like the industry. Then in the 80s, my family was in India. I was like, let me, let me put something out there to help people launch a business and not get screwed over. It's a crazy system, isn't it? It sucks now, I sit down in class and the teacher's like, Jaspreet is here to present. And that's where I started learning more by asking that question of, Why?' I didn't have any entrepreneurial friends that had made it that could say, Hey, Jaspreet, its going to be okay because I didn't know anybody who did that. You can go into these video games and pay extra, a premium to get a Gucci skin on your player in the video game. And as soon as I gave them the money, I never heard from them again. YouTubers Get Sued For $1,000,000,000. People want some other value. Today we'll be reading docs in shocks. So just understanding how to present the same information in different ways. Tax the rich, this and that. I can be involved with them. The Fed wants to see more inflation to make that debt pay down possible. Because if you were in your home, there was a chance that you could have been killed. Jaspreet Singh: You had all this interest in entrepreneurship. Check out this episode for the answer. Jaspreet Singh: I'm not trying to get into politics, but it has a lot of fat in there. It's hard to focus on your own growth when you obsess over what other people are doing on IG. And I sat down and I was like, Wait, that's kind of a cool idea. I'm making good money here. I have gone through so many hurdles in business. Dr. Jim Dahle: Am I going to say, Dang it, I should have tried something else? Jaspreet Singh: Jaspreet Singh: And the best way for me to describe that was when I was in eighth grade, I was struggling with English in middle school because English was my second language. Tell us about what you invented. Dr. Jim Dahle: There's a clear philosophy running through all of those assets. You have put in so much. I plan to conduct many interviews with writers, influencers, and entrepreneurs. I didn't have any sort of reassurance. You can find my contact information here. 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. Goodness knows it's tough to build equity in this economy. Well, why am I getting a good job? David: One of my favorite ideas that the best creators are short-term, catchy and long-term sticky. And they'll say, Okay, yeah, $100 is good. According to Michigan business register Minority Mindset, LLC status is Active. The price of everything is going to keep going up.
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