The Ultimate Competitive Advantage


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.

December 22, 2023 | 2 Minute Read
Many of you loved the post “The Unbeatable Edge” in which I talked about our competitive advantage(s). While I intentionally left a couple of them out, I missed one of the important ones (for all of us).
Mark Hurley, a wealth industry veteran, recently wrote about it in the Financial Advisor Magazine, “The single greatest competitive advantage of any wealth firm is having decisive owners with very long investment horizons, those who think in terms of decades rather than years. Successful firms will make substantial investments that won’t pay off for a very long time. They will also decide on and implement strategies today that will determine their outcomes in 10 to 15 years.”
Read the above lines a few times…Meditate on them…I can’t tell you how important this competitive advantage is …
The words to remember are – decisive owners, long-term investment horizons.
The key questions for you then are:
- How decisive are you?
- Do you think long -term for your business? This is different than thinking long-term for yourself.
- What are you doing to build the firm of the future?
The reality is that not everyone will be successful at building the firm of the future (and real enterprise value).
Will You?
P.S. We have done (and we continue to) investments with a very long-term (10-20 years) horizon on your behalf. Many partners across the country have recognized this and are collaborating with us. We welcome decisive business owners on this journey of making a HappyRich difference in the lives of people.
Similar Post
Nano Learning
The Weakest Link
What do you think is the weakest link in your practice or business?
Generally, there are many in every firm, but there is one that most people do not even realize exists.
Can ....
Read More
18 June, 2021 | 2 Minute Read
Nano Learning
The Heaviest Things in Life
What’s weighing you down?
It’s not iron. It’s not gold.
It’s the unmade decisions in your life.
As a financial professional, you know how important decisions are for your c ....
Read More
3 January, 2025 | 2 Minute Read
Nano Learning
The Biggest Mistake Founders Make When Selling Their Firm
Selling a business is not just a financial transaction. It is the passing of a legacy.
Years of hard work, relationships, and trust are at stake. But many founders make one fatal m ....
Read More
21 March, 2025 | 2 Minute Read
Nano Learning
The Perfect Moment
Have you been waiting for the perfect moment to do something important?
If you are like the rest of us, chances are you will say ‘Yes’ to this one.
The problem is that we keep ....
Read More
21 July, 2023 | 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
Nano Learning
The Rare Breed
Ryan Holiday in his book “The Obstacle is the Way” wrote, “On the battlefield or in the boardroom, across oceans and many centuries, members of every group, gender, class, ca ....
Read More
24 March, 2023 | 2 Minute Read
- 0
- 0
0 Comments