Jaspreet Singh
đ€ SpeakerAppearances Over Time
Podcast Appearances
I got one friend of mine who was an engineer to quit his job and to then join me. He would come to my office and I would talk to him about things. And I said, you know, different ways you can do this. And I realized pretty quickly that Er soll kein Entrepreneur sein. Die Arbeitsethik war anders. Als er nach Hause ging, wollte er nicht arbeiten. Und das klickte nicht auf mich.
I got one friend of mine who was an engineer to quit his job and to then join me. He would come to my office and I would talk to him about things. And I said, you know, different ways you can do this. And I realized pretty quickly that Er soll kein Entrepreneur sein. Die Arbeitsethik war anders. Als er nach Hause ging, wollte er nicht arbeiten. Und das klickte nicht auf mich.
Was meinst du, wenn du nicht arbeiten willst nach fĂŒnf Uhr? Es gibt keinen Haltpunkt, wenn du ein GeschĂ€ft startest. Du musst anfangen. Die zweite Sache war, wie du ĂŒber Risiken denkst. Wenn ich 100 Dollar investiere, wie schnell werde ich das Geld zurĂŒckgeben? Werde ich das Geld zurĂŒckgeben? Es wurden all diese kleinen Analysen. Before you've even done anything. You gotta start.
Was meinst du, wenn du nicht arbeiten willst nach fĂŒnf Uhr? Es gibt keinen Haltpunkt, wenn du ein GeschĂ€ft startest. Du musst anfangen. Die zweite Sache war, wie du ĂŒber Risiken denkst. Wenn ich 100 Dollar investiere, wie schnell werde ich das Geld zurĂŒckgeben? Werde ich das Geld zurĂŒckgeben? Es wurden all diese kleinen Analysen. Before you've even done anything. You gotta start.
And then it's the innovation of what are you gonna do. It's asking for a blueprint. Tell me exactly what to do. Tell me exactly what to sell. Tell me exactly how to sell it. I don't know what you are good at. I don't know what problem you can solve. I don't know what innovation you can create. And this is where I go back to I am a big advocate for entrepreneurship for the right person.
And then it's the innovation of what are you gonna do. It's asking for a blueprint. Tell me exactly what to do. Tell me exactly what to sell. Tell me exactly how to sell it. I don't know what you are good at. I don't know what problem you can solve. I don't know what innovation you can create. And this is where I go back to I am a big advocate for entrepreneurship for the right person.
Who is that right person? Somebody who has this entrepreneurial itch. That you have this, this, I need to create something. This, I can't work for somebody else feeling. This, I want to build something. It's a very much like, I don't care what it takes. I don't care what I have to do. This is what is my calling.
Who is that right person? Somebody who has this entrepreneurial itch. That you have this, this, I need to create something. This, I can't work for somebody else feeling. This, I want to build something. It's a very much like, I don't care what it takes. I don't care what I have to do. This is what is my calling.
Oh, ja. Und ich werde noch eines auf dieser Liste hinzufĂŒgen. Das Willen, zu kritisieren. Oh, ja. Jede GeschĂ€ftsfĂŒhrung, die du startest, wird dir viele Leute verletzen. An jeder Phase der GeschĂ€ftsfĂŒhrung.
Oh, ja. Und ich werde noch eines auf dieser Liste hinzufĂŒgen. Das Willen, zu kritisieren. Oh, ja. Jede GeschĂ€ftsfĂŒhrung, die du startest, wird dir viele Leute verletzen. An jeder Phase der GeschĂ€ftsfĂŒhrung.
If we talk about building wealth through investing in money, the numbers have shown that over the last century, the stock market has gone up by an average of 10% a year, historically. But many people lose money when investing in stocks. I mean, if you go around talking to people, have you invested in stocks? Yes, yes, yes. How many have made money? The hands start dropping.
If we talk about building wealth through investing in money, the numbers have shown that over the last century, the stock market has gone up by an average of 10% a year, historically. But many people lose money when investing in stocks. I mean, if you go around talking to people, have you invested in stocks? Yes, yes, yes. How many have made money? The hands start dropping.
Well, if the stock market has gone up by around 10% a year on average every year for the last 100 years, why are so many people losing money? Because we start playing the wrong game. Und jetzt, was passiert? Wenn du dein Geld in den Stockmarkt investierst, und bei dem Stockmarkt meine ich, sagen wir mal, du kaufst die S&P 500, das ist ein Basket der 500 gröĂten Firmen im Stockmarkt.
Well, if the stock market has gone up by around 10% a year on average every year for the last 100 years, why are so many people losing money? Because we start playing the wrong game. Und jetzt, was passiert? Wenn du dein Geld in den Stockmarkt investierst, und bei dem Stockmarkt meine ich, sagen wir mal, du kaufst die S&P 500, das ist ein Basket der 500 gröĂten Firmen im Stockmarkt.
Zum Beispiel, nicht finanzielles Hinweis, wenn du in den SPY investierst, das ist ein ETF, das dir die Exposition zu den 500 gröĂten Firmen gibt. Wir wissen, dass das historisch bei 10% pro Jahr erhöht ist. Aber das ist nicht genug fĂŒr viele Leute. Also jetzt werde ich dieses Spiel spielen, ich werde versuchen, den Markt zu gewinnen. And some people will, most won't.
Zum Beispiel, nicht finanzielles Hinweis, wenn du in den SPY investierst, das ist ein ETF, das dir die Exposition zu den 500 gröĂten Firmen gibt. Wir wissen, dass das historisch bei 10% pro Jahr erhöht ist. Aber das ist nicht genug fĂŒr viele Leute. Also jetzt werde ich dieses Spiel spielen, ich werde versuchen, den Markt zu gewinnen. And some people will, most won't.
So now some people are going to try to get into the game of investing in individual companies or maybe trading companies. Because even investing in individual companies, if you invest for the long enough period of time, you're probably going to win. But many people now want a quicker solution. So now we start trading. We start finding hot companies, the next Tesla, the next Amazon.
So now some people are going to try to get into the game of investing in individual companies or maybe trading companies. Because even investing in individual companies, if you invest for the long enough period of time, you're probably going to win. But many people now want a quicker solution. So now we start trading. We start finding hot companies, the next Tesla, the next Amazon.
We see what Reddit says. We see what Google says. And we start buying these things because we're excited. But that excitement is what's killing your wealth. Because you're investing on emotion instead of investing on financials. And so this is where you talk about what's boring. Just keep doing the market. Keep investing in the market.
We see what Reddit says. We see what Google says. And we start buying these things because we're excited. But that excitement is what's killing your wealth. Because you're investing on emotion instead of investing on financials. And so this is where you talk about what's boring. Just keep doing the market. Keep investing in the market.