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Tom Bilyeu's Impact Theory

What the Silicon Valley Bank Collapse Means for Your Money | Jaspreet Singh (Replay)

Tom Bilyeu's Impact Theory

Impact Theory

Education, News, News Commentary, Philosophy, Technology, Society & Culture, Business, Self-improvement

4.75.1K Ratings

🗓️ 21 December 2024

⏱️ 142 minutes

🧾️ Download transcript

Summary

Here’s how the second-biggest bank collapse in U.S. history happened in just 48 hours. Silicon Valley Bank closed its doors today. Within 48 hours, a panic induced by the very venture capital community that SVB had served and nurtured ended the bank’s 40-year-run. For sure you’ve heard that millionaires are made in recessions, but how? Jaspreet Singh is joining Tom for a second time to get you up to speed on what it takes to get wealthy during any recession. Jaspreet is the Minority Mindset guru and Chief Money Nerd at Minority Mindset Companies. He’s been creating financial education videos on YouTube for years and is breaking down all the reason you don’t have to be scared during a recession Jaspreet is a voice of reason to remember that recessions are only bad or good in relation to which side of the equation you are on. This is a must watch if you’re trying to find the best route through a recession that has most people nervous and panicked. [Original air date: 3-13-23]. CHECK OUT OUR SPONSORS Range Rover: Explore the Range Rover Sport at  https://landroverUSA.com Miro: Bring your teams to Miro’s revolutionary Innovation Workspace and be faster from idea to outcome at https://miro.com. Found Banking: Stop getting lost in countless finance apps and try Found for free at https://found.com/impact. Netsuite: Download the CFO’s Guide to AI and Machine Learning for free at https://netsuite.com/theory Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Factor:  Get 50% off your first box plus 20% off your next month while your subscription is active at https://factormeals.com/impacttheory50 with code impacttheory50. Follow Jaspreet Singh: Website: https://theminoritymindset.com/about-us/ YouTube: https://www.youtube.com/@MinorityMindset Instagram: https://www.instagram.com/minoritymin... Twitter: https://twitter.com/minoritym1ndset Facebook: https://www.facebook.com/MinorityMind... CHECK OUT OUR SPONSORS Range Rover: Explore the Range Rover Sport at  https://landroverUSA.com Miro: Bring your teams to Miro’s revolutionary Innovation Workspace and be faster from idea to outcome at https://miro.com Betterhelp: This episode is sponsored by BetterHelp. Give online therapy a try at https://betterhelp.com/impacttheory and get 10% off your first month Netsuite: Spend less time looking backwards, and more time on what's next. Download the CFO's Guide to AI and Machine Learning at https://NetSuite.com/theory  NordVPN: EXCLUSIVE NordVPN Deal ➼ https://nordvpn.com/impacttheory Try it risk-free now with a 30-day money-back guarantee! Vanta: Get $1,000 off Vanta when you go to https://vanta.com/THEORY ********************************************************************** What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER SCALING a business: see if you qualify here. Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here. ********************************************************************** Join me live on my Twitch stream. I'm live daily from 6:30 to 8:30 am PT at www.twitch.tv/tombilyeu ********************************************************************** LISTEN TO IMPACT THEORY & MINDSET PLAYBOOK AD FREE + BONUS EPISODES on APPLE PODCASTS: apple.co/impacttheory ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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Learn more at Xbox.com slash PC game pass. Stalker to

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available November 20th, 20th, 24. Game catalog varies by region and overtime. And yeah,

0:27.7

that's the end of the script. This episode is brought to you by Shopify. Looking to start

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Sign up for a £1 per month trial period at Shopify.c.com.

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com slash special offer or lowercase.

0:53.2

That's Shopify.com.com. slash special offer or lowercase that's shopify dot k o k slash special offer in today's episode jesprit sing and i

0:59.3

address the silicon valley bank collapse literally as it was happening and what that's going to mean for

1:04.8

the greater economy whether we've got a looming recession is there going to be a soft landing and what is going on with the housing

1:11.8

crisis? I hope you guys enjoy listening to this episode as much as I did recording it. And if you

1:17.2

do, please be sure to leave a review on the podcast. It really is the best way to help us reach

1:22.0

other people. I'm Tom Bill you and welcome to Impact Theory.

...

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