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I'm Jaspreet Singh & I created Minority Mindset to motivate, teach, and inspire others to do what they want. While going to school and starting my businesses, I realized school is really good at teaching you to be an employee, but it doesn’t teach you to create value & it doesn’t teach you anything about financial literacy. That’s why we’re here. And, no, we are not trying to sell you one of those “bootcamps” or “masterclasses” on how to get rich.
A community of hustlers and entrepreneurs; we are on a mission to motivate, teach, and inspire entrepreneurs and hustlers to be the best they can be, because average sucks. Only a minority of people will risk it all to make their dreams a reality - will you? #ThinkMinority
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What Your Teachers Will NOT Tell You About Money | Minority Mindset - Jaspreet Singh
What’s up everybody my name is Jaspreet Singh & Welcome to the Minority Mindset’s Finance Friday.
So Last week I met a 65 year old veterinarian who just found a new clinic to work at. When I asked why she was looking for a new job, she told me its because she is still paying off her student loans at 65 years old.
Your teachers will not teach you how to make money, manage money, or how to make your money work for you. Instead, they teach you how to follow the system, get a job, and make your boss richer. That’s why people go deep in debt to go to school, so they can spend the rest of their working a job paying off the debt.
Don’t get me wrong, school isn’t bad. If you don’t want to live like the majority of people, you can’t keep doing what the majority of people do. This isn’t an easy concept to understand because it goes against what we are taught our whole lives. We’re taught to go to school, get a good job, save save save and then retire. That’s what the majority of people try to do, and that’s why the majority of people are broke - 50% of Americans have less than 1 months income in savings & 80% of Americans live in debt.
It doesn’t matter who you are or where you are financially, you can break away that majority path but you have to stop thinking like the majority. When I went to college, my eyes opened, everyone around me was blowing money partying and drinking. But that wasn’t for me, I didn’t want to drink, – so instead of going to parties I started a college event planning business making thousands sometimes 10 or even 16 thousand in a weekend when I was only 19. The best part of all, Not long before before I was making pretzels at Auntie Anne’s. They paid me about $6 an hour, which is below minimum wage because I was under 18. it would’ve taken me a year to make what I was making in a weekend. When we hear things like 76% percent of Americans live paycheck to paycheck, yet Warren Buffet makes $23k a minute - we can respond one of 2 ways: Complain & talk about how that’s not fair, or take control of our financial life and strive to make ourselves better.
Doesn’t matter, 70% of people who win the lottery end up broke within a few years – because school never taught them how money works.
You’ve probably heard things like money is evil. Money itself isn’t evil, money is just paper. It amplifies who you are & is a tool that let’s you live how you want to live. So if bad people have money, they have a tool to do more bad, but if good people have money – they can do more good. That’s why we need more good people with money. School won’t tell you how money works or how start a business. That’s why I created Minority Mindset. I didn’t grow up learning about business, money, or entrepreneurship. My parents are traditional Punjabi Indian immigrants who really wanted me to be a doctor – but that’s not for me I have bigger plans and besides that the rules of money have changed. Why is it called the Minority Mindset? Because only a minority of people get it, the majority won’t. The majority will continue to complain, find excuses, take on too much debt & be a victim. Don’t be the majority.
Every week I’m releasing a new YouTube video on money, business, and entrepreneurship topics that you can watch and learn from for FREE. In the mean time, I wrote an eBook called Get Richer Sleeping that talks about how you can make your money work for you,
This Video: https://youtu.be/Tuf4kmYrVZE
Based in Detroit. #Punjab