So, this podcast is for your entertainment and information only and should not be considered official personalized financial advice. I studied a lot of tax law. And now I'm just throwing it all the way, all the sacrifices that my parents had made, all the sacrifices that my grandparents had made because our grandparents lived with us. Fri. Apr 28th, 2023 . Awesome. Some of them will go nowhere, but most of them will fail. I do have some experience in this event planning business. 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: You need to pay yourself first, buy assets, save, whatever you got to do. I don't even know that you can make money off of YouTube. They asked me if I had the monetization on. And slowly that started to grow. And then when I find a good undervalued company, Ill buy it. I didn't have to worry about paying for law school because my business had paid for it. Tell us about that story. Jaspreet Singh: Now it sucks for doctors. So just understanding how to present the same information in different ways. But the reality is people are driven by emotions. I didn't have any sort of reassurance. Jaspreet Singh: I had the pleasure of . The only way that they can pay this money back is by creating more inflation. Well, Jaspreet Singh, founder of the Minority Mindset. We have the Minority Mindset News channel on YouTube, where we have daily finance business news updates. If youre willing to put in the work. There is a new tax bill in Congress. Jaspreet Singh: I am Jaspreet Singh. Minority Mindset, LLC is a Domestic Limited Liability Company located in Northville , Michigan. Why am I going to go to your brands page? My parents always told me that was bad (entrepreneurship and business), thats evil, stay away from it. Jaspreet Singh: And our YouTube channel was growing. He's also an anesthesiologist. You have so many layers of bureaucracy, which makes the company fat, because now it makes a dollar, but then it just spends a whole bunch of money on a lot of useless things. Again, financial education is so important. Dr. Jim Dahle: And now on top of that, you have to pay the highest taxes. Read More . 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. You have to understand that you need to be able to take care of yourself financially, but in terms of finding your purpose, in 10 years, if you don't do anything you're going to be sitting right where you are right now. Now the government doesn't have enough money to pay for their expenses as it is. Jaspreet Singh: So, that's why we want to see more inflation. 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. Real estate, stocks, businesses, cryptocurrency, and commodities. Minority Mindset was founded to revolutionize the way people think about money and to make financial education fun. It took you forever to get there. It can't stretch as far. So, I decided to do something different, go into entrepreneurship, and learn about many other things.. It's beyond expectations. At this point, you'd already had a company, really, as an undergrad. Because anytime they talk about raising tax rates, I joke around about this with my family, but the people that get screwed over the hardest are doctors. 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! And so then after that, our dollars are no longer backed by gold after 1971. 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 liked that you can kind of get that cool feeling of going, Oh, you're the party promoter on campus. Like, that was cool. The only thing that bothers me is when people spend lavishly when they don't have the money to do so. To break away from the majority mindset thinking to now start thinking differently. I renovate them. It creates a whole new dimension that, like you were saying, that kind of the fourth dimension, because were breaking that wall between the screen and the viewer. But you've said, if you can't buy five, you can't buy one. The government and the Fed can turn off our dollars. I'd be happy. And I sat down and I was like, Wait, that's kind of a cool idea. Finance, MarketWatch, Agency Mavericks, etc. That was when I decided that I would put something out there to help people launch a business and not get screwed over.. And I never worked a day as an attorney because I continued to just grow my business. Jaspreet Singh: And then you're going to look back and say, Oh my God, I wish I would have done something five years ago. And it all started just from a simple Instagram page, which grew into a YouTube channel. There's a clear philosophy running through all of those assets. And every business book that I read, they kept talking about how successful people, wealthy people invest in real estate. You can check that out at physicianonfire.com. Why did I want to become a doctor?' Jaspreet Singh: You just got to do something that you love. And this is what made me so angry. I mean, it plays a part. The money you make from a job and more specifically earned income from high income earners, A.K.A. The Fed wants to see more inflation to make that debt pay down possible. It was just me and a couple of guys who were trying to figure things out that were friends with me. I wanted to do it because I thought it would make me successful. I've gone through so many problems. Let me clarify that I have no problem with if you spend money on dumb things. I'm running to class. To be honest, it was a really hard way to walk. He's on a mission to make financial education fun and accessible. I had done the volunteering. Money Management. The United States government's number one asset is student loans. Now, one of those businesses involved an invention of yours. Anybody can start a youtube channel. We kind of hit on this, but you need to understand how to protect your money and build your wealth as a doctor. The federal reserve bank is going to keep printing money because that's what they do. And then during my free time I was reading financial news. What am I going to get from you besides just your product? You go cash in that check and you take pictures of it and you can go impress your friends. I was late pretty often, but it was raining that day. Which meant I could run my businesses full-time. Why did I want to become a doctor? Well, I knew I wanted to do it to make my parents happy. Jaspreet Singh: And they'll say, Okay, yeah, $100 is good. Jaspreet Singh: And second, you need to understand how to protect your income. But on Youtube, youre getting these very close relationships with youtubers and its sort of crazy, right? And in 20 years, you're going to be doing the same thing right now. I started off in the entertainment business. My God, its horrible. Now, Im writing a book about Naked Brands. I think it's great if you spend money on dumb things, but you have to be able to afford it first. But that was all a lie. I'd find love. I got irritated because I didn't have any sort of entrepreneurship education and I've been scammed. Dr. Jim Dahle: We need to help take care of the student loan issue. The government doesn't have that incentive of trying to become profitable because they're not a for-profit entity. So, that business was growing. Jaspreet Singh: And he focuses a lot on boosting your income in ways that aren't going to the hospital and working. I invest my money in cryptocurrencies. Its somebody I just met recently. I had taken all the pre-med classes. I had never heard of that. Together, well cross industries, speak with experts around the world, and explore the past, present, and future of Naked Brands. He started the Minority Mindset YouTube Channel as a hobby to teach others how to not make the same mistakes he made. No one screens their speakers and sponsors better than him. Let's talk a little bit more about the government. For more locum tenens information, locumstory.com is your final destination. And people really liked it. Let's talk about some of the things you teach on your channel. Jaspreet Singh, otherwise known as the Minority Mindset, is a qualified attorney, . I grabbed my backpack. They're all poised to combat inflation. I give them a big chunk of our marketing budget. I was 19 years old. Jaspreet Singh: A growing interest in investing led him to YouTube where his channel Minority Mindset now has close to 650k subscribers. It's a common thing where when people make their first thousand dollars, they want to show it off. Im a sarcastic person and Im not too funny, but Ive tried to throw in with jokes here and there. Then I went to college. If you use . Then a portion of your paycheck goes to the government. We do this by . We publish blog posts there every day. You've got the ear of 30,000-40,000 doctors and other high-income professionals. And that's when I really started to think differently. You can check out our website theminoritymindset.com. Jaspreet was born right into a hard-working immigrant household that, like many different households in related conditions, desired for him to change into a profitable physician. I didn't have to worry about paying for law school because my business had paid for it. There is a new tax bill in Congress. You need to use your money to build your wealth first before you make everybody else around you rich. Singh worked hard to get where he is and endeavors to help people earn money, save money and make their money work for them. But when I say minority, I don't mean a racial minority. 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? I don't have any investments. Registration is open for The Physician Wellness and Financial Literacy Conference. The economy is crashing. $35 per post at $7/CPM. And of course, you can reach out to us. buy here pay here semi trucks in tennessee; spring hill obituaries; normal blood pressure for 80 year old woman. The number one liability for millennials are student loans. His achievement stems from the ascension of diligent labor. But at the same time, you have to look at the broader picture. I invest in stocks in two ways. You can find my contact information here. Buy assets, save, whatever you have to do. Although he didn't receive any formal financial education - he is on a mission to make financial education fun and accessible. Knowing how to work hard is extremely important, but you need to know how to amplify that by working smart and saving smartly. They can dilute the value of our dollars with the click of a button. The Indian government overnight declared certain denominations of their money no longer valid. Dr. Jim Dahle: David: Talk more about the philosophy behind the Minority Mindset. Yeah. I wish I would have done something 10 years ago.' 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? And so, I decided to start looking at rental property. Jaspreet Singh: Life and early career. Give us $10,000.' Trying to get more people trying to increase the relationships that you do have. And so, I grew up with that understanding of don't be wasteful. I have no problem if you want to spend $100,000 on an engagement ring, it doesn't bother me. So I came to college and everybody was partying and I was like, well I need something to do outside Friday night. Jaspreet Singh: They earn their money to do whatever it is they want to do through tax dollars. The Federal Reserve bank is going to keep printing money because that's what they do. They're like, Do you not have your monetization on? I'm not trying to get into politics, but it has a lot of fat in there. He didn't even have shoes on his feet because he'd lost his shoes along the way, sleeping on the streets and had to find a way to make things work. I went on mission trips to help prepare myself, to get ready to go to medical school. That I'm crazy. So I created the Minority Mindset Instagram page. 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. And somehow in there you went to law school. The whole idea is we are taught certain things about money. It's not how much money you make, its how much money you keep and what you do with your money that matters. 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. The importance of your Mindset. I launched that product, and it did really well. This is not me. There are ways to do that through your investments, that we are not paying out 60% of your income in taxes, legally. It's a fascinating story. Jaspreet Singh: And one of the projects was to pitch a product to the class as if the class was a group of venture capitalists. Dr. Jim Dahle: So, you're going to go and pay Gucci, Louis Vuitton prices, not for something that you wear in real life, but for something your video game player is going to in the digital life. That's how strict my parents were that I had to become a doctor. And then it's like, Why are we going to school? I wanted to try. Student loans are what's funding the government's operations. And whether you're coming in person or virtually, you got to register by December 1st to get that swag bag. 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. 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 just didn't sit right. I was not OK with that. Now we cant control it. His topics include real estate investing, getting rich during a recession, and helpful moneymaking habits. And that's when my dad said I'm done with here and started the journey to America. The United States government has almost $29 trillion worth of national debt right now. Some docs are over stopped. Jaspreet Singh: I was running these businesses in secret because if my parents found out they'd be very angry. Hes not a licensed accountant, attorney or financial advisor. 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. David: The relationships that we have with brands have also changed the way that we consume their content on social media. So, I decided not to become a doctor because I was only doing it because I wanted to become financially successful. Naked Brands prize on-going communication with fans and customers. Dr. Jim Dahle: You've mentioned a lot of assets and investments, and that you invest in real estate. But now I'm leaving college and it's like, This is not what I want to do. And then that's where everybody says, Oh, don't worry about the pay. 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. I buy properties. Go to locumstory.comand get the answers. I said, You're telling me I can get paid for this?' 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. Dr. Jim Dahle: Jaspreet Singh: I had no idea what that meant, but I was like, let me figure it out what this is. 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. And the swag bag is great. And we were giving away tens of thousands of dollars. This happens every week, whether the market is up or down. 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. I had no idea what I was doing. My grandparents who were six went to the west side of Punjab, and all of a sudden, they had to pack up and leave. Week 5: Be Great. You need to be the person that's taking care of their money. All of a sudden people saw their money become worthless overnight. Jaspreet Singh: 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. And here I go to college and I see everybody partying, blowing money they don't have. It's funny, because when I started Minority Mindset, it was not with the intention of making money. So, if we have more inflation, that means that the government can now pay back this $29 trillion worth of debt with cheaper dollars. Now another piece of advice you've given is to stop spending money on dumb things. Yeah, we'll get into that. Jaspreet Singh is an award-winning author based in Calgary. I had done the volunteering. David: One of my favorite ideas that the best creators are short-term, catchy and long-term sticky. Market Briefs exists as a separate entity from Minority Mindset. So, I can get paid. Jaspreet is a first-generation American. I can help give them exposure. Jaspreet Singh: Jaspreet Singh: And then when I find a good undervalued company, Ill buy it. Thank you for having me. animals scientists are trying to bring back megalodon. Dr. Jim Dahle: And that's where I started learning more by asking that question of, Why?' 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?
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