Minority Mindset Net Worth – How Wealthy Is Jaspreet Singh?
Minority Mindset is an entrepreneur and personal finance influencer with an estimated net worth of $2 million. He worked hard to get where he is today and has dedicated his career to helping people grow their money.
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 be a doctor.
However, life had other plans for him and while still at university the young entrepreneur decided to start his first business at 17 and set up an event organization business. It was his first experience in financial management and he finally bought his first property for $8,000 a few years later.
After graduating, Jaspreet felt he had no future with this company. So he decided to pursue law studies, while pursuing his business activities. He then started investing in real estate when he was 19, but soon realized he needed access to more capital if he was to take it on. Eventually, he made the decision to return to entrepreneurship.
It was during this time that he invented water-resistant sports socks. But all was not well when a marketing company scammed him while launching his new venture. The scam that cost him thousands of dollars inspired him to create the educational Instagram page he called Minority Mindset.
What started as a hobby to teach others how to make better financial decisions exploded when he launched his YouTube channel. When it reached the 100,000 subscriber mark, Jaspreet’s sock patent was rejected. He was then forced to make a decision between continuing his sock business or continuing with Minority Mindset. While the sock business was financially successful, his YouTube channel was not. Yet, after graduating from law school, he chose to go full-time with his passion for Minority Mindset.
Although he had no formal financial education, Jaspreet aimed to make financial education enjoyable and accessible to everyone. Later, he became the Money Nerd Managing Director of the Minority Mindset Companies.
According to him, the majority of people would spend $200 carelessly if it was just handed out to them. They would buy things that would have no value and would only give temporary comfort. However, for Jaspreet, he invests his money in five different investments. They go into real estate, stocks, businesses, cryptocurrency, and things like physical gold. It invests in real estate as it generates reliable income and also offers legal tax breaks.
Jaspreet, now with a net worth of $2 million, became a licensed attorney, serial entrepreneur and 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, it offers weekly stock market and real estate coaching.