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EXPOSED: Why Rich People Don't Want A Big Salary

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Manage episode 427162544 series 3555618
Content provided by minoritymindset. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by minoritymindset or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Welcome to the Minority Mindset Show! Who doesn't want a stable, secure, and big paycheck? Well, apparently, rich people! In this episode, Jaspreet reveals why top executives like Larry Page, Elon Musk, and Mark Zuckerberg opt for a $1 salary or less. It's not just because they're already wealthy; it's a strategic financial decision.

Jaspreet will break down the financial education behind this move, explaining how rich people leverage lower taxes and equity to build immense wealth. You'll learn about the difference between salary and profit, the tax benefits of profits, and how owning equity in a company can significantly increase wealth compared to a high salary.

Discover how you can apply the same strategies to build your own wealth. Don't just work for a salary; learn to think like the rich and maximize your financial potential.

Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market

Below are my recommended tools!

Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).

----------

➤ Invest In Stocks Passively

1) M1 Finance - Buy stocks & ETFs automatically:

https://theminoritymindset.com/m1

----------

➤ Life Insurance

2) Policygenius - Get a free life insurance quote:

https://theminoritymindset.com/policygenius

----------

➤ Real Estate Investing Online

3) Fundrise - Invest in real estate with as little as $10!

https://theminoritymindset.com/fundrise

----------

  continue reading

100 episodes

Artwork
iconShare
 
Manage episode 427162544 series 3555618
Content provided by minoritymindset. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by minoritymindset or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Welcome to the Minority Mindset Show! Who doesn't want a stable, secure, and big paycheck? Well, apparently, rich people! In this episode, Jaspreet reveals why top executives like Larry Page, Elon Musk, and Mark Zuckerberg opt for a $1 salary or less. It's not just because they're already wealthy; it's a strategic financial decision.

Jaspreet will break down the financial education behind this move, explaining how rich people leverage lower taxes and equity to build immense wealth. You'll learn about the difference between salary and profit, the tax benefits of profits, and how owning equity in a company can significantly increase wealth compared to a high salary.

Discover how you can apply the same strategies to build your own wealth. Don't just work for a salary; learn to think like the rich and maximize your financial potential.

Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market

Below are my recommended tools!

Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).

----------

➤ Invest In Stocks Passively

1) M1 Finance - Buy stocks & ETFs automatically:

https://theminoritymindset.com/m1

----------

➤ Life Insurance

2) Policygenius - Get a free life insurance quote:

https://theminoritymindset.com/policygenius

----------

➤ Real Estate Investing Online

3) Fundrise - Invest in real estate with as little as $10!

https://theminoritymindset.com/fundrise

----------

  continue reading

100 episodes

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