2 Hours Quality Conversation > 13 years of Transactional Relationship
Amar Pandit
A respected entrepreneur with 25+ years of Experience, Amar Pandit is the Founder of several companies that are making a Happy difference in the lives of people. He is currently the Founder of Happyness Factory, a world-class online investment & goal-based financial planning platform through which he aims to help every Indian family save and invest wisely. He is very passionate about spreading financial literacy and is the author of 4 bestselling books (+ 2 more to release in 2020), 8 Sketch Books, Board Game and 700 + columns.
July 31, 2020 | 2 Minute Read
How many of you believe this to be true?
Well I can Guarantee that it is.
An IFA from Bengaluru got an experience of his lifetime when he acquired a new client (virtually) with a fantastic 2-hour conversation (not to mention the Client Experience). This client was with an IFA for almost 13 years, but all the previous IFA had done was providing access to products and managing assets.
Remember this business is not about managing assets, it is about managing people. Your client is not a Number to be defined in AUM. He/she is a living /breathing person with dreams, aspirations, goals, and a purpose. Like we used to have in school where the teacher would take our attendance with a roll number, do you address your clients (even within the team) like AUM 5 Crore or AUM 50 Lakh. I am sure you would not.
The best is that the client called his previous IFA and told him to start doing what his new IFA was doing. He said “I have never experienced anything like this. For the first time in 13 years, I am clear about “How much is Enough?”, whether I am doing ok , what do I need to do to get on track and most importantly that I can quit what I was doing and pursue my passion project. I can tell you this is what most of your clients will value and love, so meet this guy.”
However, this previous IFA went into a Resentment MODE and did not figure out what was really happening. We all have choices to make “Learn from what’s happening and Change OR Let the Termite of “Status Quo” EAT what you have built so far.”
The Choice is Yours. Only You have the Power to Transform your Business and your Life, but it first starts with YOU.
Similar Post
Nano Learning
The Mind Is the Athlete
I was writing a post on this important idea, but then realized it’s so powerful that I just need to share it as is. Let this sink in. Reflect deeply on it. Bill Beswick, in his b ....Read More
6 December, 2024 | 2 Minute Read
Nano Learning
The Two Options
Author Haemin Sunim, in his book, “When Things Don’t Go Your Way”, wrote, “Between painful things that are familiar and unfamiliar things that can bring happiness, people o ....Read More
25 October, 2024 | 2 Minute Read
Nano Learning
Chief Change Officer
When I ask IFA’s to state their problem, the first thing most people say is GROWTH. I tell them “Growth is not your Problem; Growth is the Result of your Problem.” Let us sa ....Read More
7 August, 2020 | 2 Minute Read
Nano Learning
Investment Mindset or Cost Mindset
It is so ironic that despite talking about investments, most founders in this industry/profession do not have an investment mindset themselves. One of the influencers in the indust ....Read More
26 June, 2020 | 1 Minute Read
Nano Learning
The Dare
Seneca, the Stoic Philosopher said these golden words – It is not because things are difficult that we do not dare. It is because we do not dare that they are difficult.
16 September, 2022 | 0 Minute Read
- 0
- 0
0 Comments