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 has dedicated his career to helping people make their money work for them.
Most people grow up with an idea of what they want to be when they grow up, and Jaspreet Singh was no different. As a second-generation Indian, his parents being immigrants from Punjab, India, he grew up wanting to become a doctor.
However, life had other plans for him and while still in college, the young entrepreneur decided to start his first business at 17 and built an events planning company. This was his first experience in money management, and he eventually bought his first property for $8,000 a few years later.
After finishing his degree, Jaspreet felt that he didn’t have a future with this company. And so he decided to pursue law school, while still continuing his business ventures. He then started to invest in real estate at the age of 19, yet quickly realized he needed access to more capital if he wanted to take this on. Ultimately, he made the decision to return to entrepreneurship.
This was when he invented water-resistant athletic socks. But all was not well when a marketing company scammed him during the launch of his new company. The scam that cost him to lose thousands of dollars inspired him to create the educational Instagram page he called Minority Mindset.
What started as a hobby to teach others on making better financial decisions blew up when he started his YouTube channel. When he reached the 100,000 subscriber mark, Jaspreet’s sock patent was rejected. He was then forced to make a decision between pursuing his sock company or carrying on with Minority Mindset. While the sock company was financially successful, his YouTube channel wasn’t. Still, 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 aimed to make financial education enjoyable and available for everyone. He later on went and became the Chief Executive Money Nerd at the Minority Mindset Companies.
According to him, the majority of people would carelessly spend $200 if it was just handed out to them. They would buy things that wouldn’t appraise in value and would just give temporary comfort. However, for Jaspreet, he puts his money into five different investments. They go to real estate, stocks, businesses, cryptocurrency, and things like physical gold. He invests in real estate because it delivers reliable income, and also provides legal tax breaks.
Jaspreet, now with a net worth of $2 million, has become a licensed lawyer, a serial entrepreneur, and the host of Minority Mindset on YouTube. His channel has amassed 370,000 subscribers and over 15,800,000 views.
The Minority Mindset offers a variety of 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.