Tell me about that. We were walking down the street giving away $200 to people who could answer these financial questions. Lesson 1 - You Only Live Once: Climb to the top of the mountain so you can see the world, not so the world can see you. I don't have any investments. That's how strict my parents were that I had to become a doctor. Because doctors are your high-income earners. Because again, I didn't have any formal business experience. And then it's like, Why are we going to school? I'm like, Well, English is my second language. You've got the ear of 30,000-40,000 doctors and other high-income professionals. The United States tax law has legal tax loopholes, which give certain types of income tax breaks over other types of income. I did internships. Go check out & read the full interview Jaspreet did with Policygenius Inc. Read the full . For me, it's just money. 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. 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. Dr. Jim Dahle: 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. What do you invest in? That was my first experience with any sort of real financial education, any real passive income. Jaspreet: The first thing that I did was I took an acting class. And slowly that started to grow. Jaspreet Singh: And I started to ask myself, Why? Dr. Jim Dahle: So, you work hard, you make money. I got irritated, because I didn't have any sort of entrepreneurship education and I had been scammed. There are so many ways for you to take care of yourself financially. Jaspreet Singh (born 1969) is a Canadian writer and chemist. What if I did something else? I did not want to ask that question. I did internships. And just look at the next generation. Jaspreet Singh: Let's talk a little bit more about the government. I studied a lot of tax law. Actually, I had two options. And so theyre driving traffic in because of people who want to learn how to sell on the Internet at that right there, they have their backend product, which is, well, if you want us to do it, uses our platform. Jaspreet Singh: 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. I thought that everybody goes to college to study and spend Friday nights in the chemistry lab doing reactions. That was when I decided that I would put something out there to help people launch a business and not get screwed over.. (1993) and a Ph.D (1998) in chemical engineering at McGill University. Singh worked hard to get where he is and endeavors to help people earn money, save money and make their money work for them. He told me to go study and become a doctor. And that was really interesting because Id never done anything like that before. It's a fascinating story. You bust your butt through medical school, through residency, through fellowship. It was raining that day. So, it's a highly risky way to invest. Even though I had gone through so much schooling, even though I had spent so much money in college, nobody taught me this. I had no idea what to expect in college because my parents didn't go to college here. You don't get the low tax rates that an investor gets. He has hit a couple of milestonesback to broke and a six-figure net worth. Because now you don't get the tax breaks that a business owner gets. 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? And some people will say, Oh, well, it is my duty to take care of people and pay taxes. animals scientists are trying to bring back megalodon. If you got $1,000 in the bank account, you can't afford a $1,000 watch. He loves spending time guest speaking in Detroit Public Schools. Theyre giving people a reason to come to them. It's very risky. I liked that you can kind of get that cool feeling of going, Oh, you're the party promoter on campus. $35 per post at $7/CPM. I don't know how to explain this. Then I invest in startups. So, this is for non-necessities, things that you don't need to survive. 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. And it was hard because I kept hearing that everywhere I looked. The price of everything is going to keep going up. So, I decided, again, to go towards something that I really, really loved. That way you can make smarter decisions with your money. And then that's where everybody says, Oh, don't worry about the pay. I told my parents and my mom nearly had a heart attack. What are you saving? Why? Life and early career. Tell us about what you invented. I have a lot of trust issues with the government and the Fed now. If you cannot buy five of them, you cannot afford one of them. Jaspreet Singh is a serial entrepreneur, licensed attorney, and the founder of Minority Mindset, a financial media company & YouTube Channelwith over one million subscribers. Jaspreet Singh is an entrepreneur and an investor. That way you can get paid. 00:50:22 It took you forever to get there. I'd be happy. And now Minority Mindset is one of the fastest growing financial education and media companies on the internet. For example, when I was growing up, I was told that if I wanted to become successful, I needed to do two things, become a doctor so I can earn a big salary, and second, save as much money as possible. You might be asking how you're supposed to go from $40,000 to $400,000, which is a great question! So I came to college and everybody was partying and I was like, well I need something to do outside Friday night. Why did we do certain things? You need to be the person that's taking care of their money. I had no idea what that meant, but I was like, let me figure it out what this is. Santa Clara, California, United States. Give people a reason to follow you or, or look at your content instead of somebody elses. I used to work at Indian weddings, playing a drum called the dhol. And as soon as I gave them the money, I never heard from them again. But that was all a lie. Jaspreet Singh: I started to really think differently because I was always told that if I became a doctor, that everything would just work out. So, let's get them on the podcast. And I started to really think differently because I was always told that if I became a doctor, that everything would just work out. Harluxsh Singh. Its a growing business, we have a whole bunch of potential things, although the patent fell through. What if there was a way that you could walk through the rain and not have to worry about your feet getting wet?'. Why did we do certain things? I love that quote. Jaspreet Singh: Jaspreet Singh: Jaspreet Singh: 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. So, you work hard, you make money. 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. Food Blog And now I create consistent predictable cash flow and it comes with legal tax breaks. That video you put together includes some tips for people that I hadn't even thought about. Dr. Jim Dahle: And it's funny because when I started, I didn't start Minority Mindset with the intention of making money. As work works, overworked workers weary. We will send a copy of The White Coat Investor's Guide for Students for you and every person in your class. The Entrepreneur Jaspreet was a secret at home. The Fed wants to see more inflation to make that debt pay down possible. Jaspreet Singh is a serial entrepreneur, . Jaspreet Singh: Dr. Jim Dahle: 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? My foot is soaking wet. David: What other YouTube entrepreneurs inspire you? What I love about it though, is he is good at some things that I am not that good at. Jaspreet Singh: So after I got scammed I was like, well let me do something about it. Like I was just there. You start to question the things that we're ingrained with to believe. It's the same reason that people will live paycheck to paycheck to drive a BMW. The interviews will all be public and will live right here on my website. I have no problem if you want to spend $100,000 on an engagement ring. 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. You can find my contact information here. My parents always told me that was bad (entrepreneurship and business), thats evil, stay away from it. Tell us about what you invest in? Hope I don't sound too nasally today. And every business book that I read, they kept talking about how successful people, wealthy people invest in real estate. I didn't mind that because first, I didn't really know what I was going to do with my life. Doing less meaningless work so you can focus on things of greater personal importance is not laziness.. Because if you were in your home, there was a chance that you could have been killed. I am an attorney. This is a blog put together by a fellow by the name of Leif Dahleen. We have all these expenses. Jaspreet Singh: Jaspreet Singh: So, I decided to do something different, go into entrepreneurship, and learn about many other things. She did not believe it. I didnt know what college was supposed to be like. And so, I grew up with that understanding of don't be wasteful. And the reason why I call it that is because you have to really be willing to think differently. It's a common thing where when people make their first thousand dollars, they want to show it off. I didn't have to worry about paying for law school because my business had paid for it. And people will say, Oh, I'm not affected by that. Jaspreet Singh: Jaspreet Singh: But some people would say, Sure, we won't charge you any money. Tax the rich, this and that. But a lot of times I was there working on other things too. I was like, Present what? Now the government doesn't have enough money to pay for their expenses as it is. Jaspreet Singh: It just opens up a whole new world of possibility. Gold, silver, cryptocurrency, real estate. You have put in so much. If you cannot attend the in-person event, we are also offering a virtual component. I had tried a bunch of different business ideas, but I had not licensed any technologies. So, everywhere at Minority Mindset, essentially. 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. I kept putting the project off, and then one day, I was late to class. Is it going to be you or the government? I started hosting teen parties when I was in high school because I was working in the wedding business.
Osha 12 Hour Noise Exposure Limit, Do Salad Dressing Packets Need To Be Refrigerated, Carnival Cruise New Orleans 2022, Holly Jolley Mankiewicz Obituary, The Laws Of Thought Approach In Ai, Articles J