Minority Mindset is an entrepreneur and personal finance influencer with an estimated net worth of $2 million. He has worked hard to get where he is today and dedicated his career to helping people build their wealth. As a second-generation Indian, he grew up wanting to become a doctor.
Entrepreneurial Ventures
However, life had other plans and during college, the young entrepreneur started an events planning company at 17. This was his first experience in money management, and he eventually bought his first property a few years later for $8,000.
After finishing his degree, Jaspreet felt that the company didn’t have a strong future. So, he decided to pursue law school and continue running his business ventures. At 19 years old, he began investing in real estate but soon realized he needed access to more capital to get a better return.
This was when he invented water-resistant athletic socks. Sadly as he launched the venture, he got scammed by a marketing company. The scam cost him thousands of dollars but inspired him to create an educational Instagram page he called Minority Mindset.
What started as a hobby teaching others to make better financial decisions blew up when he set up a YouTube channel. A turning point came once he hit 100,000 subscribers and Jaspreet’s sock patent was rejected.
The Rise of Minority Mindset
Next was forced to make a decision between his sock company or carrying on with Minority Mindset. While the sock company was financially successful, the YouTube channel wasn’t. After graduating from law school, he chose to go full time with his passion for Minority Mindset.
Despite not having any formal financial education, Jaspreet wanted to make financial education enjoyable and more digestible for the average person. He became the Chief Executive Money Nerd at the Minority Mindset Companies.
Investment Strategies & Financial Success
According to him, the majority of people would carelessly spend $200 if it was handed to them. They would buy things that would decrease in value and only give temporary enjoyment. However, Singh puts his money into five different investments.
They go to real estate, stocks, businesses, cryptocurrency, and things like physical gold. Singh invests in real estate because it delivers reliable income, and also provides legal tax breaks. Now with a fortune worth $2 million, Jaspreet is a licensed lawyer, a serial entrepreneur, and the host of Minority Mindset on YouTube. The channel has amassed 1.83 million subscribers and over 177 million views.
The Minority Mindset offers various courses and newsletters to help people manage their finances in terms of debt, savings, stocks, retirement, and more. For example, through Market Insiders he offers weekly stock market and real estate coaching.
