Some of them will go nowhere, but most of them will fail. And so, I work with entrepreneurs. Get your tickets today! He was one of the keynote speakers at the event, gave a fantastic talk and has put together some awesome resources. Jaspreet Singh, the Minority Mindset, is an attorney, investor, and CEO of Market Briefs. Singh is the author of the novel Chef (2008 Vehicule Press/2010 Bloomsbury), and Seventeen Tomatoes: Tales from Kashmir, a collection of linked . I never really had any guidance. You have put in so much.' And they didn't understand what I was doing, my parents and all of their friends didn't understand what I was doing. 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. Financial Wellness and Burnout Prevention for Medical Professionals, Having an Entrepreneurial Mindset and Finding Your Passion, Don't Let Your Money Habits Keep You Poor, How to Reduce Your Investment Taxes - Podcast #237, What Are Meme Stocks and Why You Should Avoid Them, Finding Financial Role Models in the Black and Brown Communities, The Finances of Professional Cyclists - Podcast #244, Physician Entrepreneurism and Venture Capital with Dr. John Shufeldt, 2021 Financial Book Reviews - Podcast #238, An Interview with Coach Carson About Investing in Real Estate - Podcast #65, An Interview with Physician on Fire and Passive Income MD - Podcast #90, 10 Things That Rich Doctor Across the Hall Isn't Telling You, Using Social Media to Promote Financial Literacy, https://www.advisorperspectives.com/dshort/commentaries/2021/09/27/the-feds-financial-accounts-what-are-uncle-sams-largest-assets. That means your salary that you're earning is not worth as much. Everybody has their own unique style. And now you're just traveling east. Week 5: Be Great. The state of Punjab was bombed by its own government. The majority of people are broke. And then you're going to look back and say, Oh my God, I wish I would have done something five years ago. Indian culture is a save heavy culture, the traditional Indian culture. He's back on the show to share his thoughts about the current economic situation and help educate people on their best . Cryptocurrency is decentralizing money, and there's also a lot of technology behind it, which makes it very powerful because it's revolutionizing the way the internet works. How much car can you afford? Minority Mindset, LLC - Northville - Michigan - BusinessWiki.info It's that growth mindset." - Jaspreet Singh. And like a lot of Indian immigrants, my parents actually wanted me to become successful. Dr. Jim Dahle: My uncle is telling me, Jaspreet, have you lost your mind? You bust your butt through medical school, through residency, through fellowship. 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. If you're doing something that you hate, it's never too late to change. If you have any issues, call us. So, I decided to do something different, go into entrepreneurship, and learn about many other things.. It's the mindset of thinking differently than the majority of people. So if you want to get seen and you want to build traffic, you have to be different. We're on a journey I never would have expected, because it wasn't what I tried to do. I love coming up with product ideas. Jaspreet Singh: When I was going to school and I went through a lot of schooling, I never once learned to think about investing. I'm running to class. Give us $10,000. And it was hard because I kept hearing that everywhere I looked. Home is where the mountains are: 10 questions with Calgary author Jaspreet Singh - Wikipedia 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. I give them a big chunk of our marketing budget. Explore the world of Jaguar cars and learn more about models We'll see you next week on the White Coat Investor podcast. From Entrepreneur to 1 Million Subscribers with Jaspreet Singh of I spent a while creating the technology. Video host: Jaspreet Singh DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. Awesome. And then when I find a good undervalued company, Ill buy it. And finally I invest in and I own commodities like physical gold, because that is real money. And to really now understand how you can build wealth for yourself. You need to know how to build wealth. It costs 12 cents to print a hundred-dollar bill and the federal reserve bank can print these paper dollars on command. Dr. Jim Dahle: Absolutely. I was like I've tried a bunch of different business ideas. Now when people look at that, when they look at Minority Mindset, I think the first thing that comes to mind is racial minorities. Jaspreet Singh Minority Mindset is an individual who has become a celebrity by his charismatic works. We need one from each class to distribute the White Coat Investors Guide for Students to every member of your class. I have a passive strategy where every week I have money going into ETFs that give me exposure to the general stock market. 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.'. How Jaspreet Singh ACTUALLY Started Minority Mindset - YouTube They were refugees. Yes, that's correct. Now, one of those businesses involved an invention of yours. So, let's get them on the podcast. Once you're a doctor, you'll be financially free. When you don't have to struggle and worry about how to pay the bills.. 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. This happens every week, whether the market is up or down. It's a representation of value as opposed to paper dollars, which is just a piece of paper. Jaspreet believes in taking care of the community yourself rather than relying on someone else to do it for you. It's beyond expectations. It used to be. Which means if I go to law school part-time, I can run my businesses full-time. Bust his butt. Because doctors are your high-income earners. Since writing the original Naked Brands post, Ive applied the concept to finance,fashion,music, and basketball. You have the least tax breaks that you can get out of the tax code, and you also have the highest tax rates. Minority Mindset provides videos, articles, and resources on how to make, save and invest money. Freshman year, I started knocking on doors at clubs, venues, and bars, asking them, Hey, can I host a party here?' I had never heard of that. Real estate is horrible. You have put in so much. Don't spend money on dumb things when you cannot afford it. $50 per post at $10/CPM. Because there are so many other layers of fat along the way. I believe that we are the strongest economy in the world and investing in the stock market gives me exposure to that. His achievement stems from the ascension of diligent labor. Jaspreet Singh: They asked me if I had the monetization on. It took you forever to get there. I never said it was everything, but it plays a part in your life and you have to understand money. And from your experience, now that youve thought about this from a youtube perspective, how is your interaction with brands changing? But I think that that sort of begins with our thoughts, our actions, and with the people that we surround ourselves with. The only thing that bothers me is when people spend lavishly when they don't have the money to do so. It makes the majority of people who do not understand it poorer, and makes the financially educated richer. I knew that I wanted to be an entrepreneur. I was just like, oh yeah, I got the job interview or just something kind of plain. Jaspreet Singh: But at the same time, you have to look at the broader picture. I never had any sort of formal business experience. The number one liability for millennials are student loans. Doing less meaningless work so you can focus on things of greater personal importance is not laziness.. Second, it's so hard because you keep getting screwed over because I didn't have any sort of guidance. Go to locumstory.comand get the answers. That was the incentive for me where Yeah, I can make that sacrifice. Dr. Jim Dahle: Minority Mindset is a YouTube channel run by Jaspreet Singh in the financial space. Dr. Jim Dahle: Jaspreet Singh: Enough ticks have tocked. Jaspreet Singh: Jaspreet Singh: You left family members, you left friends, you left your land. 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. I didn't have $10,000. And so I think its partially just being you. And the first thing that came to my mind was my wet socks. Well, I need to see as many patients as possible.' Jaspreet Singh: The only way that they can pay this money back is by creating more inflation. He told me I was stupid. 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 . Then I went from business to business, to business, to business, trying just a whole bunch of things. You left money, you left everything that you had, your whole livelihood. They always told me, be a doctor, be good in school, blah, blah, blah, all that stuff. Hes not a licensed accountant, attorney or financial advisor. And so, I kept hearing that I'm throwing everything away. Im sure the audience was like, okay, this is cool, but you dont want to just stick to it and watch lectures all day. He grew up in India and moved to Canada in 1990. I'll bet there are people in our audience that face that same thing and decide 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. 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. We change it sometimes. Housing prices were at rock bottom. What if there was a way that you could walk through the rain and not have to worry about your feet getting wet?'. I love real estate because real estate provides me with consistent cash flow. Aditya Raj Singh - Director - Stallion Cognitive | LinkedIn I don't have any investments. And so, I work with entrepreneurs. 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: Jaspreet Singh: Because inflation again is when the value of a dollar goes down. Jaspreet Singh - Top podcast episodes And now Minority Mindset is one of the fastest growing financial education and media companies on the internet. So then I was like, well I dont know if Im going to listen to my dad here. You're saving dollars. I didn't have to worry about paying for law school because my business had paid for it. Instead, you're paying the highest tax rates and you also have the least deductions. We were doing shows. And people really liked it. I think it's great if you spend money on dumb things, but you have to be able to afford it first. Today we'll be reading docs in shocks. I will try to find ways to interact with you to make you feel like youre a part of us because thats what really differentiates the Internet and kind of digital media in the sense of youtube and those type of things as opposed to tv because TV, you feel like youre so far away from this celebrity that youve never heard of. This book project requires an extensive research process. Look, I love giving back. And money was taboo when I was growing up. And it is all about FIRE Financial Independence and Retiring Early. You go cash in that check and you take pictures of it and you can go impress your friends. What do you invest in? I know some people throw in a lot more education, heavy content, and some people are more entertainment heavy. 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. I took a speaking class. Watch the full ep. But on the second hand, it is the number one asset. The Fed wants to see more inflation to make that debt pay down possible. Jaspreet Singh: I hope we always are worthy of that trust. That way you can make smarter decisions. If you have ideas or feedback, please send them my way. They say, Oh, that's not fair. He's very animated and his main mediums are YouTube, is a big one. We go on these nice vacations and we live a very good life, but I don't really have any savings. Student loans are what's funding the government's operations. You can buy more things with your paycheck. People encouraged me to start a social media page. I can be involved with them. Its like, how did this happen? Then, I went from business to business, to business, to business, just trying a whole bunch of things. Socks are making money. 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.
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