"I Got RICH When I Understood THIS" - Jaspreet Singh’s Secrets To Wealth

wealth is mindset before it hits your bank account when it comes to the differences between the rich and the poor it doesn't start with how much money you make it doesn't start with what degree you have it doesn't start with who your parents are it doesn't start with what background you have it starts with what mindset you have and this is really the root of wealth how is it that some people can become so incredibly wealthy while the majority people don't it's not that they have some special superpower it's not that they own some special skill it's not that they're so much smarter than people it's not that they work so much harder is that they believe that they can and then they use their time differently if you go about life and you say the government's the reason why I'm broke my greedy Corporation is the reason why I'm stuck at a job that I hate I can't change my life because of X Y and Z you keep pointing your fingers as to why you can't succeed well it's going to be impossible for you to succeed the best return that I got on my investment isn't the real estate Investments it's not the stock market Investments that I made it's not the startup Investments that I made it's the Investments that I made in myself number one hustle number two try to spend as little money as possible until you make money entrepreneurship is hard you gotta work a lot and in the early days I mean I was working around the clock seven days a week never took a vacation never spent money I mean you got to be willing to work and understanding that it takes time I say a decade of sacrifice if you really want to see success in business there's a lot of people on the internet selling this crap that you can do it in six months yeah you can do it in six months if you put in the decade of learning how it works but you can't bypass that effort of learning that effort of going through the mistakes the effort of everything yeah education can shorten that time but you can't bypass all that effort building a business takes a lot of effort a lot of time and a lot of work Investments that I put into my own Financial education have paid off many many many many many many times over and you can't see those returns anywhere else you know they say that the best investment you can make is in you I would recommend that you go out and start reading start by reading 25 books find the top 25 books in financial education and read them find the top five bucks in money management and investing the top five books in starting a business the top five books in scaling a business the top five books in managing a business and the top five books of entrepreneur biographies and it doesn't matter which ones you pick find the ones with the highest ratings the highest reviews and just read them this is going to cost you less than five hundred dollars but when you do that you're gonna be able to get an MBA level education without paying the price of an MBA and you're going to look at the world your money and the way you use your money completely differently once you finish these books if you go around saying I can't have that nice thing because I'm broke I can't have the nice thing because I grew up in a bad environment I can never become successful because of the way I look I can never do it because of whatever I can guarantee you're never going to become successful but if we turn this around and you say huh how can I become successful how can I make more money how can I become wealthy how can they get out of the situation that I'm in now your brain looks at problems completely differently because of now you're not complaining about the problem but you're trying to find a solution to the problem and that's the biggest difference between somebody who becomes wealthy and somebody who does not it starts with the mindset because then once you change the mindset you're going to start changing your actions now you're gonna find out oh I don't need to spend money at Gucci oh I don't need to go out and eat every single day oh I can save money here oh I could ask for a raise at my job oh maybe I can start a side hustle or maybe I can start my own business Oh you mean I could actually potentially take my income from forty thousand dollars a year to four hundred thousand dollars a year that's possible because when most people hear that you think it's impossible somebody like me could never go from forty thousand to four hundred thousand dollars a year but until you believe it's possible you're never gonna put in the action to actually make it possible we're all given 24 hours in a day so the difference between somebody who becomes sex successful versus somebody who does not is now what input you put in those 24 hours if you're spending your time on Netflix if you're spending your time playing video games if you're spending all your time doing things that don't add any value financially to your life well if you compare that per somebody who's now working who's now learning who's investing in the education you're going to see two completely different outputs now this is where you don't want to get into the Trap of just thinking you know what I'm just going to work really hard I'm going to work 20 hours a day because well you can work really hard and still be broke now the question is how can you make your hard work the most scalable because that's now what will take you from okay I don't want to be broke so now you start working hard which is great I 100 recommend working hard because without that hard work it's going to be impossible for you to see any real level of success but now you're working hard the next question is how can you make it hard work the most rewarding what can you do to make that hard work even the biggest dividends and the highest returns and this is where people say work smart you know some people say work smart don't work hard I think that's a bunch of crap I think you need to work smart and work hard they go hand in hand because the hard work is going to allow you to scale your smart work but you now have to understand okay I want to become more financially successful so now how do I do that what is the financial education what am I working for when I make more money what am I going to do with this money where am I going to invest it how am I earning this money what can I do in terms of taxes to protect my wealth what can I do with my investments to scale them what can I do to build an asset what can I do to build a business what can I do to scale the assets that I do own so now you start asking these questions and I know this is getting very deep in some of these topics but it all starts with that mindset of believing that is possible for you because if you don't believe it's possible for you you're right but if you believe it's possible for you you're also right and whatever your belief is is going to change by output you take you got to work hard man you know I don't recommend what I do to anybody but but when I started I had people I needed to prove wrong I had the whole world telling me that I could never be an entrepreneur I had everybody telling me that I was dumb for trying to leave the comfort of trying to be a doctor I had the whole world telling me that I was throwing every sacrifice my parents made for me away so I had to work because I knew I didn't want to let that be reality and I work 20 hour days seven days a week that meant I was sleeping four hours a night consistently I mean it's It's a Grind a real grind you have to go through and you know everyone's different I can't do that same four hours of sleep in the night now I I need more sleep I need more rest that's why I don't tell people what to do but you got to be willing to put in the work that nobody else does because if you're not willing to do that you're going to be outworked and you're going to get beat and business it's a war man people are everyone's out there trying to beat you and if you're not willing to put in the work then someone else is going to come in and they're going to beat you [Music] foreign

Channel: MotivationHub

Views: 56,762

Keywords: Motivationhub, motivational video, eye opening speech, speech, success, motivational speech, motivation, inspirational, jaspreet singh, jaspreet singh motivation, jaspreet singh speech, jaspreet singh interview, minority mindset, lewis howes, money, jaspreet, singh, anyone can get rich, how to get rich, I got rich when I understood this, i got rich when i understood this jaspreet singh, how I got rich, how to invest, secrets to wealth, how to become a millionaire, how to build wealth

Id: YFb4IspWJsQ

Length: 8min 19sec (499 seconds)

Published: Mon Feb 27 2023