Jaspreet Singh
đ€ SpeakerAppearances Over Time
Podcast Appearances
So I was 17 and I started knocking on the doors of all the bars, venues, restaurants, trying to see if anybody would let me host a party there. And in the beginning, some said, sure, you can host a party here. We just need a $10,000 deposit. I don't have $10,000. I was 17 years old. So I kept going. Some said I need a $20,000 deposit.
So I was 17 and I started knocking on the doors of all the bars, venues, restaurants, trying to see if anybody would let me host a party there. And in the beginning, some said, sure, you can host a party here. We just need a $10,000 deposit. I don't have $10,000. I was 17 years old. So I kept going. Some said I need a $20,000 deposit.
But eventually I found this one club that said, yeah, you can host a party here. You don't got to pay us anything. Just pay us half of the cover charge that you generate. Pay us 50% of whatever revenue you generate. Now I'm in business. I made the same arrangement with my DJ. I said, look, how about you DJ for me for free and I'll split whatever profits I make with you.
But eventually I found this one club that said, yeah, you can host a party here. You don't got to pay us anything. Just pay us half of the cover charge that you generate. Pay us 50% of whatever revenue you generate. Now I'm in business. I made the same arrangement with my DJ. I said, look, how about you DJ for me for free and I'll split whatever profits I make with you.
Und das war der Anfang meines ersten echten GeschĂ€ftes. Es war diese Party-Promotion-Familie, die dann eine Event-Planning-Familie wurde. Und es wurde ziemlich groĂ in der Schule. Ich meine, ich habe angefangen, diese One-Off-Partys zu hosten. Dann wurde ich von einem der gröĂten Clubs auf der Kampus verabschiedet, um ihre wöchentliche College-Nacht zu hosten.
Und das war der Anfang meines ersten echten GeschĂ€ftes. Es war diese Party-Promotion-Familie, die dann eine Event-Planning-Familie wurde. Und es wurde ziemlich groĂ in der Schule. Ich meine, ich habe angefangen, diese One-Off-Partys zu hosten. Dann wurde ich von einem der gröĂten Clubs auf der Kampus verabschiedet, um ihre wöchentliche College-Nacht zu hosten.
Also hostete ich ihre Partys jede Woche. Wir hosteten offizielle Shows und Nach-Partys und es wurde ziemlich groĂ. Und Als dieses GeschĂ€ft Geld verdienen begann, bemerkte ich erst einmal, dass ich keinen Beweis oder Degreis benötige, um Geld zu verdienen.
Also hostete ich ihre Partys jede Woche. Wir hosteten offizielle Shows und Nach-Partys und es wurde ziemlich groĂ. Und Als dieses GeschĂ€ft Geld verdienen begann, bemerkte ich erst einmal, dass ich keinen Beweis oder Degreis benötige, um Geld zu verdienen.
Ich dachte, das war etwas, was ich benötige, weil ich dachte, dass ich diese guten Grads benötige, um fĂŒr dieses Ding zu qualifizieren, um Geld zu verdienen. Das war also der erste Schock und Realisation. Der zweite Realisation, den ich hatte, war, dass ich nichts ĂŒber Geld wusste. Ich war ein bisschen Geld verdient und ich war sehr glĂŒcklich, dass ich BĂŒcher ĂŒber Geld und GeschĂ€ft lesen begann.
Ich dachte, das war etwas, was ich benötige, weil ich dachte, dass ich diese guten Grads benötige, um fĂŒr dieses Ding zu qualifizieren, um Geld zu verdienen. Das war also der erste Schock und Realisation. Der zweite Realisation, den ich hatte, war, dass ich nichts ĂŒber Geld wusste. Ich war ein bisschen Geld verdient und ich war sehr glĂŒcklich, dass ich BĂŒcher ĂŒber Geld und GeschĂ€ft lesen begann.
I started reading these books and the first thing I learned was the difference between an asset and a liability, which were things I had never heard of before. An asset is something that puts money in your pocket. A liability is something that takes money out of your pocket. Wealthy people want to own assets.
I started reading these books and the first thing I learned was the difference between an asset and a liability, which were things I had never heard of before. An asset is something that puts money in your pocket. A liability is something that takes money out of your pocket. Wealthy people want to own assets.
I was buying a whole lot of liabilities because I was working in this party promotion business and I wanted to look the part. So I would make a little bit of money, buy a nice watch, make a little bit more money, put some new rims on my car, put a new sound system in my car, put a new subwoofer in my car. I mean, I was blowing money on all these dumb things to look like I was rich.
I was buying a whole lot of liabilities because I was working in this party promotion business and I wanted to look the part. So I would make a little bit of money, buy a nice watch, make a little bit more money, put some new rims on my car, put a new sound system in my car, put a new subwoofer in my car. I mean, I was blowing money on all these dumb things to look like I was rich.
When in reality, I was just making a lot of other people rich. Und dann habe ich ĂŒber das Thema Investieren gelernt. Das hat mich wirklich erschrocken, weil ich dachte, dass ich alles richtig mache. Und ich lese diese BĂŒcher, die darĂŒber sprechen, wie jede reiche Person in RealitĂ€t investiert. Ich habe keine Ahnung, was das bedeutet. Niemand in meiner Familie ist RealitĂ€tsinvestor.
When in reality, I was just making a lot of other people rich. Und dann habe ich ĂŒber das Thema Investieren gelernt. Das hat mich wirklich erschrocken, weil ich dachte, dass ich alles richtig mache. Und ich lese diese BĂŒcher, die darĂŒber sprechen, wie jede reiche Person in RealitĂ€t investiert. Ich habe keine Ahnung, was das bedeutet. Niemand in meiner Familie ist RealitĂ€tsinvestor.
Ich hatte nie das Konzept von RealitÀtsinvestieren gehört. I don't know what it is, but if wealthy people are real estate investors and I want to become wealthy, maybe I should invest in real estate. So when I was 19, I'm now studying to get into medical school, because I still think that I'm going to become a doctor.
Ich hatte nie das Konzept von RealitÀtsinvestieren gehört. I don't know what it is, but if wealthy people are real estate investors and I want to become wealthy, maybe I should invest in real estate. So when I was 19, I'm now studying to get into medical school, because I still think that I'm going to become a doctor.
And I was bored out of my mind because I would spend all day, 10 to 12 hours a day in the library studying. And this was around 2011. And the reason why I say the year is because, if you remember, 2008 was the great financial crisis. That was when we had the real estate collapse in America. So real estate prices were decimated and they didn't hit rock bottom until 2012. That's why I'm saying this.
And I was bored out of my mind because I would spend all day, 10 to 12 hours a day in the library studying. And this was around 2011. And the reason why I say the year is because, if you remember, 2008 was the great financial crisis. That was when we had the real estate collapse in America. So real estate prices were decimated and they didn't hit rock bottom until 2012. That's why I'm saying this.