The United States government has almost $29 trillion worth of national debt right now. And slowly that started to grow. I renovate them. Dr. Jim Dahle: They ran away. So, you work hard, you make money. You can check us out on social media as Minority Mindset. I put it under the alias Minority Mindset. I don't know how to explain this. That way you can make smarter decisions. Then in the 80s, my family was in India. Buy assets, save, whatever you have to do. 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. But I like where this is trending. This is something that I own. And I got a D+ in one of our report cards in middle school for English. And this is where the government says, Oh, we have a student loan crisis is a problem. I'm an entrepreneur myself. And the reason why I call it that is because you have to really be willing to think differently. I believe that we are the strongest economy in the world and investing in the stock market gives me exposure to that. He loves spending time guest speaking in Detroit Public Schools. I make a very good salary, but I'm essentially living paycheck to paycheck. And money was taboo when I was growing up. And then they felt that I just threw everything all away. But now I mean theres so much more to selling a product and just having a product to sell. It's a representation of value as opposed to paper dollars, which is just a piece of paper. Few understand this as well as breakthrough marketer Jaspreet Singh, the mind behind The Minority Mindset YouTube channel and a source of breakthrough marketing strategies. And I was going crazy studying for it. Jaspreet Singh: The majority of people hate their jobs. The government and the Fed will keep telling you that this inflation that we're seeing, it's just temporary. That was when I decided that I would put something out there to help people launch a business and not get screwed over.. Naked Brands prize on-going communication with fans and customers. Were hosting concerts and shows and we were doing a lot of different things and my parents, they wanted me to be a doctor, so after my second year in college I was studying for the MK, which is the medical college admission test to get you into medical school. Not to mention the millions of dollars you will save your classmates by getting them that information right at the beginning of their medical training pipeline. Where do you get your inspiration from and what sorts of things have you done to become a better Youtuber? Jaspreet is self-taught. That way they have more money to pay back their national debt. 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. Jaspreet Singh: I thought that everybody goes to college to study and spend Friday nights in the chemistry lab doing reactions. Well, Jaspreet Singh, founder of the Minority Mindset. The Indian government overnight declared certain denominations of their money no longer valid. Look, I love giving back. I didn't have any real estate investors in my family. David: Talk more about the philosophy behind the Minority Mindset. I started a number of companies. And I was like, Present what? If you use . Jaspreet Singh: Easy. Another member of the White Coat Investor network is Passive Income MD at passiveincomemd.com. I wanted to do it because I thought it would make me successful. And you can look this up because I couldn't believe it when I saw that. You start to question the things that we're taught in society. As more dollars enter our economic circulation, the value of each individual dollar goes down. Jaspreet Singh: I don't know if it still is, but it used to be. Jaspreet Singh: Jaspreet Singh: I wanted to do it because I thought it would make me successful. Jaspreet Singh was grew up in India and Kashmir. So I started putting out content on how to launch a business without getting screwed over. So, you work hard, you make money. Then I went on to Instagram and created the Minority Mindset Instagram page. It opens up possibilities for people who are willing to think different and do things different. You were born in Michigan, correct? Jaspreet Singh net worth is $850,000 Jaspreet Singh Wiki: Salary, Married, Wedding, Spouse, Family Jaspreet Singh (born 1969) is a Canadian writer.He grew up in India and moved to Canada in 1990. And then during my free time I was reading financial news. My guest today on the White Coat Investor podcast is Jaspreet Singh. I took the MCAT on August 22, and then on August 23, I closed on my first investment property. And finally I invest in and I own commodities like physical gold, because that is real money. Jaspreet Singh: I was in class, paying attention, I love learning. David: The internet has destroyed so many barriers and unlocked floodgates of opportunity. I'm studying for the MCAT and every day when I'm taking a break, I go to Yahoo Finance and every article is talking about how housing prices are crashing. Jaspreet: Brands have to give back in the day if a brand a business or selling a product, their job was just to sell you a product, right? No one screens their speakers and sponsors better than him. But the reality is people are driven by emotions. He even took the MCAT. It's the mindset of thinking different than the majority of people. There were riots and looting that happened and they were attacked. Inflation is a hidden tax. The easiest way to understand what it means to afford is just to follow my rule of five. That video you put together includes some tips for people that I hadn't even thought about. We got accepted. Dr. Jim Dahle: But just understanding that 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. The only thing that my grandfather had was the clothes on his back and a sword in his hand. This is not me. And it's that question of Why? Why are we doing the things that we do? Our email is [emailprotected]. I was studying for the MCAT and I was running a business at the time in college. Thank you so much for being on the White Coat Investor podcast. And his YouTube videos are fantastic. 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. The Federal Reserve bank is going to keep printing money because that's what they do. I really enjoyed talking with Jaspreet and I hope you enjoyed that interview as well. This is where my passion was. You're already working six months out of the year, January through June, just to pay your tax bill. Jaspreet Singh: Jaspreet Singh: I was not okay with that. He told me I was stupid. And that's what the Minority Mindset is all about. So, it's a highly risky way to invest. Money isn't everything. Dr. Jim Dahle: It is a core tenant in my religion to give back. Awesome. Money isn't everything. 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. 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. Explore the world of Jaguar cars and learn more about models Every tax dollar they pay gets funneled through the politicians and the government. 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. And every single day, your dollars are losing value to inflation. At first, I went out to Udemy and created a class on How to launch a business without getting screwed over? I charged $7 for it. Indian culture is a save heavy culture, the traditional Indian culture. And what's interesting is the single type of income, which has the least tax loopholes, which has the highest tax rates are earned income. David: You said that theres an audience for everybody, but theres also an element of always improving, right? I never had a mentor. Hopefully, these future spikes that we're likely to see are smaller and smaller as they go on. And in 20 years, you're going to be doing the same thing right now. We went to an underserved school here in Detroit. I don't have any investments. And if you can afford dumb things then hey, be my guest, you earned it. I didn't know what I was going to do with it. I worked with textile manufacturers, with manufacturers to create this water-resistant sock. And that's when I started to really ask myself, Is this the right thing for me? Look, you have one life to live. The whole idea is we are taught certain things about money. I never thought of breathing like that. But anyway, welcome to the podcast. $25 per post at a $5/CPM. The government doesn't have that incentive of trying to become profitable because they're not a for-profit entity. You need to know how to build wealth. So you introduce yourself and then say Im here for the job attribute. But the reality is people are driven by emotions. He even bought his first real estate investment property when he was just 19! How do you think the government works? It took my mom a year and a half to finally grasp that her son was not going to be a doctor. My grandparents lived with me. So, if you're interested, be sure to check that out at passiveincomemd.com. I launched that product, and it did really well. Why did we do certain things? They're coming out ahead on that deal for sure. Dr. Jim Dahle: And this is where a lot of people get angry. We kind of hit on this, but you need to understand how to protect your money and build your wealth as a doctor. Jaspreet Singh: What do you see in terms of what is the best Youtubers have in common? 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? As work works, overworked workers weary. Actually, I had two options. Dr. Jim Dahle: It sucks now, I sit down in class and the teacher's like, Jaspreet is here to present. I was like, Oh, that's easy. We publish blog posts there every day. Well, I need to see as many patients as possible. You need to be the person that's taking care of their money. 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. The real outcomes from . You have put in so much. I mean, it plays a part. And so, that's one thing that I learned. Well, I don't have $10,000. The Minority Mindset has nothing to do with the way you look, your ethnicity or your skin color. I think it's great if you spend money on dumb things, but you have to be able to afford it first. Watch the full ep. 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. The federal reserve bank is going to keep printing money because that's what they do. And eventually if you keep doing it, that audience will gravitate towards you and theyll want to watch your type of content when it comes. And then when I find a good undervalued company, Ill buy it. There's a clear philosophy running through all of those assets. We try to test out different titles. dusty blue wedding centerpieces; california vehicle registration; crawfish beignets brenda's recipe; leslie bacardi children; snake princess and medyo maldito relationship So that's exactly what I did. All the sacrifices that my parents and grandparents had made. For first year medical and dental students. My foot is soaking wet. I also invest my money in cryptocurrencies. In fact, the Rona is doing great. That way they have more money to pay back their national debt. Influencers could promote their own products . Jaspreet Singh: How do you get people excited when they first find your content but to also get them to stick around over time? . Jaspreet Singh: Jaspreet Singh: We grew from just holding parties to doing parties every week. I told my dad that I want to invest in real estate. So, that's why we want to see more inflation. buy here pay here semi trucks in tennessee; spring hill obituaries; normal blood pressure for 80 year old woman. We were doing concerts. I never really had anyone kind of telling me whats right, whats wrong or given me some sort of teachings or anything. It is not just for people who want to become wealthy, whatever, you have to understand that you can protect your money. That is a guaranteed route to being broke because all you're doing is saving. Week 5: Be Great. I step in a pothole on the way to class. I don't drink, I never drank. ', I stood there thinking, Jaspreet, think of something, think of something, think of something.' Some docs are over stopped. Goodness knows it's tough to build equity in this economy. We saw that happen in India just a few years ago. The price of everything is going to keep going up. He's very animated and his main mediums are YouTube, is a big one. With this data, we predict the Jaspreet Singh YouTube channel generates $21.57 thousand in ad revenue a month and $323.58 thousand a year. Jaspreet Singh: Thank you for having me. The company was registered on 2013-08-29 and it is approximately 9 years years old. Jaspreet Singh lived in Toronto prior to moving to Calgary. Jaspreet Singh: I was already running my own business. It's a mindset. You're saving dollars. I was just like, oh yeah, I got the job interview or just something kind of plain. I started hosting teen parties when I was in high school because I was working in the wedding business. Jaspreet Singh: Is it going to be you or the government? They gave me a 100% money back guarantee. It's not how much money you make, its how much money you keep and what you do with your money that matters. Jaspreet Singh: 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? I used to work at Indian weddings, playing a drum called the dhol. And I started to ask myself, Why? I didn't know what that meant. 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. It wasn't making any money or anything significant. this isnt a scholarly source, but the logic seems sound that student loans declined dramatically during the pandemic. Jaspreet Singh: Jaspreet Singh: It took my mom a year and a half to finally grasp that her son was not going to be a doctor. If you're doing something that you hate, it's never too late to change. It happens consistently. We also have the Minority Mindset Spanish channel on YouTube. And the first thing that came to my mind was my wet socks. Disclaimer: For more locum tenens information, locumstory.com is your final destination. You're actually an inventor. I got irritated, because I didn't have any sort of entrepreneurship education and I had been scammed. And from your experience, now that youve thought about this from a youtube perspective, how is your interaction with brands changing? And the savings that you have in the bank account, can't buy you the same things that they could before. And WCI con, December 1st is your deadline whitecoatinvestor.com/wcicon22 is where you can register for that. Aug 2008 - Present14 years 9 months. See whats going on and everything. Go study, go become a doctor. It is their number one asset. Yes, that's correct. So, it's a highly risky way to invest. He was one of the keynote speakers at the event, gave a fantastic talk and has put together some awesome resources. Jaspreet Singh: They say, Oh, that's not fair. If you follow what the majority of people do blindly, you are pretty much guaranteed to fail. Ill wash your brown bag. We need one from each class to distribute the White Coat Investors Guide for Students to every member of your class. 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. And then you're going to look back and say, Oh my God, I wish I would have done something five years ago. Your email address will not be published. Jaspreet Singh: Jaspreet Singh: Jaspreet Singh: Jaspreet Singh: I invest my money in cryptocurrencies. But something in the back of my mind told me that's not true. I was already doing other things, but now I'm starting to understand investing. It is never too deep. Some of them will go big. The importance of your Mindset. You need to pay yourself first. So, I started hosting teen parties when I was in high school, my junior and senior year. The money you make from a job and more specifically earned income from high income earners, A.K.A. It really just depends on what you want to do and theres an audience for everybody. So, I just went from business to business because that's how I learned. Finance, MarketWatch, Agency Mavericks, etc. So, this podcast is for your entertainment and information only and should not be considered official personalized financial advice. This happens every week, whether the market is up or down. And it's funny because when I started, I didn't start Minority Mindset with the intention of making money. Jaspreet Singh: I knew that I wanted to be an entrepreneur. The attorney, entrepreneur and avid YouTuber with more than a million subscribers is an expert on all things related to money. I hope the class action lawsuit sticks, especially Graham Stephan, Andrei Jikh, Jaspreet Singh (minority mindset), Kevin . But ultimately, he knew medical school was not the path for him. I didn't like the industry. And now I create consistent predictable cash flow and it comes with legal tax breaks. Jaspreet Singh: And people will say, Oh, I'm not affected by that. It's part of my beliefs. I could either become a doctor or I could be a failure. 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. Jaspreet Singh: Let me clarify that I have no problem with if you spend money on dumb things. So just learning how to express yourself and talk in front of a camera, it just gives you the extra practice. And then it's like, Why are we going to school? Jaspreet Singh: I didn't have any real estate investors in my family, and I didn't know any real estate investors. Now that understanding that mentality of knowing how to live below your means is extremely important. Is it going to be you or the government? We need to help take care of the student loan issue.' Now another piece of advice you've given is to stop spending money on dumb things. Giving is a part of me, its a part of my religion. Jaspreet Singh: We need to help take care of the student loan issue. Jaspreet Singh: Jaspreet Singh: Don't throw away your brown bag for lunch, bring it home. Minority Mindset was founded to revolutionize the way Money Minds think about money and to make financial literacy fun. Jaspreet Singh is the creator of The Minority Mindset. I'd be happy. I can help build up a neighborhood, rent the property out. 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. Jaspreet Singh: To break away from the majority mindset thinking to now start thinking differently. The economy is crashing. This is something that I own. 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. It's the same reason that people will live paycheck to paycheck to drive a BMW. I would be rich. And one of the projects was to pitch a product to the class as if the class was a group of venture capitalists. That's how strict my parents were that I had to become a doctor. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); The book summarizes the most important information on the blog and contains material not found on the site at all. You can trust the government and the fed. Nothing happens overnight, but anything is possible. I do have some experience in this event planning business. It's a representation of value as opposed to paper dollars, which is just a piece of paper. They always told me, be a doctor, be good in school, blah, blah, blah, all that stuff. I like it because I'm an entrepreneur. Dr. Jim Dahle: 1y. And that's what irritates me is people lead you down these lies. I like it because I'm an entrepreneur. Jaspreet Singh is an entrepreneur and an investor. I hope there is not an echo variant down the road. I had done the volunteering. My sock was wet as I sat down in class and just then the teacher called on me to present. You're not going to like my writing. For me, it's just money. This is White Coat Investor podcast number 236 Jaspreet Singh of the Minority Mindset. And in 20 years, you're going to be doing the same thing as right now. His books include the novels Chef and Helium, the story collection Seventeen Tomatoes, the poetry collection November, and most recently . About. That social validation is such a big factor in our lives and it affects people's finances. What am I going to get from you besides just your product? And again, financial education is so important. But a lot of times I was there working on other things too. I love giving back. When I was going to school, I went through a lot of schooling. Jaspreet Singh: I'm like, Well, English is my second language. Santa Clara, California, United States. No one in my family was an entrepreneur like that. And as soon as I gave them the money, I never heard from them again. I was contracted by some of the biggest clubs to do their weekly parties. I liked that you can kind of get that cool feeling of going, Oh, you're the party promoter on campus. Just that idea resonates with so many people. And that they're trying to manage inflation or control inflation. And that I lost my mind. What have we not talked about today that you think they should know? We'll just take a percentage of the revenue that you generate from cover, the money that you charge to get in.'. If people are not pushing you to be better, get away from them. And it wasn't like a nice peaceful journey east. Your most popular video with almost 3 million views is called These 5 Money Habits Will Keep You Poor. And that is apparently a huge attraction. He was like, You're stupid. My dad came to America with less than a hundred dollars. Hey, it's a lot easier to do what you love. I invest in them. It used to be. I give them a big chunk of our marketing budget. And did you ever practice law? I was already running my own business. Normally the ad cost for an Instagram ad post is based on the number of followers on the account. Build your wealth, buy what you can afford. I didn't have $10,000. That was the incentive for me where Yeah, I can make that sacrifice. My parents started calling their friends. There was no concept of waste in India at that time because you didn't have anything that you could waste. There are ways to do that through your investments, that we are not paying out 60% of your income in taxes, legally. 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? [1] And a lot of people, the majority of people, are not willing to ask that because it's a painful question. I kind of had two lives, The Academic Jaspreet' and then The Non-Academic Entrepreneur Jaspreet.'. I didn't even know that you could make money off of YouTube. It's hard to focus on your own growth when you obsess over what other people are doing on IG. So, if we have more inflation, that means that the government can now pay back this $29 trillion worth of debt with cheaper dollars. 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.'. 100% of the dollar you give rather than some smaller fraction. Sure. People encouraged me to start a social media page. They say, Oh, that's not fair. Because again, I didn't have any formal business experience. And fortunately for me, this was at the bottom of the 2008 real estate crash. Dr. Jim Dahle: Now, one of those businesses involved an invention of yours. We have the Minority Mindset Spanish channel on YouTube we just launched. People want some other value. Tell us about what you invest in? Jaspreet: I never planned on going on youtube or making videos or being a so called insolence or, or whatever. I was late pretty often, but it was raining that day. I know I want to be an entrepreneur. Wiki/Biography. 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. It's a crazy system, isn't it? You had all this interest in entrepreneurship. Dr. Jim Dahle: And here I go to college and I see everybody partying, blowing money they don't have. Dr. Jim Dahle: What if there was a way that you could walk through the rain and not have to worry about your feet getting wet? His dream was to be an entrepreneur since he was a kid, but his parents forced him to pursue his education. And then theres the big question: is it right for you? Jaspreet Singh: 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. It's the same reason why people will go into debt to go and buy a Gucci belt. And now on top of that, you got to pay the highest taxes. A growing interest in investing led him to YouTube where his channel Minority Mindset now has close to 650k subscribers. Then I went to college. I was investing in real estate. Or it's not that big of a deal. As opposed to deflation, which is good for average people, because now the value of a dollar gets stronger, the price of things go down and now your savings have more buying power. 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. And this is what made me so angry. And it was hard because I kept hearing that everywhere I looked. Then I invest in stocks because I believe in the American economy, although we have issues and concerns. I was introduced to him recently at a conference called FinCon that was for producers of financial content and resources. Jaspreet Singh: Neither of which are my strengths. And now Minority Mindset is one of the fastest growing financial education and media companies on the internet. mvp acronym jokesrecent killing in grenada 2019. june's journey joining a club; what happened to shane on heartland; jacks urban eats menu calories; trinidad express death notices 2021 I didn't know any real estate investors, but I was like, I'm going to invest in real estate. And I said, okay. It's a common thing where when people make their first thousand dollars, they want to show it off. They can look rich. I love real estate because real estate provides me with consistent cash flow. I would just talk about the things that I wish I had learned and wished somebody would have told me when I was getting started with financial education and entrepreneurship. $35 per post at $7/CPM. Jaspreet Singh: Registration is open for The Physician Wellness and Financial Literacy Conference. I would much rather say I tried and I failed and it wasn't for me than say, What if I did something else?' 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. And now we've grown it to something a whole lot bigger. We go on these nice vacations and we live a very good life, but I don't really have any savings. All right, we've got a special guest today I think you're really going to enjoy. All I need to do is become a doctor. I ran an event planning business and I was making money and I started reading money books. That way you can make smarter decisions. Jaspreet Singh: You are never going to be able to become rich and financially free through just spending less money. Jaspreet Singh: Jaspreet Singh: Intro: I had calls coming in from my uncle. teilor grubbs leaves hawaii five o,
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