Customer Service versus Expertise


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.

November 12, 2021 | 2 Minute Read
There is often a lot of confusion between customer service and expertise. Many in our profession believe that their customer service is what differentiates them from their competition.
Think about this question – Why do you go to a Surgeon/Doctor/Architect/ Lawyer or any professional?
Assuming you have done some thinking, consider these 2 questions now.
Do you go to a professional for Customer Service?
Or
Do you go to a professional for Expertise?
I believe you go for Expertise. Customer Service is important but will come much later after expertise.
In the Customer Service business, the default assumption is that the customer is always right.
In the Expertise business, the default assumption is that the customer is generally wrong.
It’s not because customers do not know stuff or that they are stupid; it’s simply that they don’t have the perspectives you have. They can’t see the patterns that you can see.
Additionally, their personal feelings and emotions form a part of how they look at their money. You will be able to look at their situation clinically from a third person’s perspective. You can pull the trigger if needed. A scene from the movie, Munnabhai MBBS, concludes this second point well. In the scene, Boman Irani says “When I am doing a surgery, my hands are rock solid and steady. However, if I were to operate on my daughter, my hands would shake.” This is what I meant by their feelings and emotions can sometimes prevent or paralyze them from taking decisions that need to be taken.
So, while customer service is important, you are not in the customer service business; you are in the Expertise Business.
It certainly pays to remember that.
Similar Post
Nano Learning
Get This Right
Most people confuse continuity planning with succession planning and vice-versa. Broadly, they both seem the same because succession planning does provide continuity planning. But ....
Read More
21 October, 2022 | 2 Minute Read
Nano Learning
Psychological Flexibility and You
In psychology, there is a concept called psychological flexibility. It is the ability to respond to obstacles successfully while continuing to move toward your chosen goals, even w ....
Read More
29 August, 2025 | 3 Minute Read
Nano Learning
Busy ≠ Effective
A financial professional recently told me, “I’ve never been this busy.” Calls. Reports. Product updates. Market commentary. Chasing transactions. Fixing a KYC error.
27 June, 2025 | 3 Minute Read
Nano Learning
The Assumption Story
I had heard this true story somewhere though I do not recollect the exact source.
A Professor once told his student “Never work for a firm where there are no graduates (right o ....
Read More
4 June, 2021 | 3 Minute Read
Nano Learning
The 4 Different Types of IFA Technology
As you can see in the Sketch above, there are 4 Types of Technology that an IFA can implement. Most have focused on Technology for Operations, Client Servicing and Practice Managem ....
Read More
21 August, 2020 | 3 Minute Read
Nano Learning
Small Ways
This Nano perfectly complements my 2 posts - Why We Don’t Achieve our Goals – Part I and Part II.
I share James Clear’s words to connect the dots.
“Writing 100 words toda ....
Read More
28 October, 2022 | 1 Minute Read
- 0
- 0
0 Comments