The Law of Diminishing Intent

Amar Pandit , CFA , CFP

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.

August 4, 2023 | 2 Minute Read

Most people whether in our industry/profession or in others don’t act as quickly as they should. According to Author and Leadership Expert John Maxwell, these people find themselves subject to the Law of Diminishing Intent.

The Law of Diminishing Intent says, “The longer you wait to do something you should do now, the greater the odds that you will never actually do it.”

Ask yourself – How many times have I said that I will do something later and then not done it at all?

If you answer this truthfully, you will realize, the correct answer is ‘so many times that you may have even lost count of it.’

How do you overcome this?

Well, this is going to be discussed in a detailed post to follow sometime soon, but the short answer is Don’t Delay…Take Action today even if you are dealing with imperfect information (which will happen most of the time). Life is full of incredible amazing opportunities. But to make the most of these, you need to act.