Insanity


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.

January 14, 2022 | 2 Minute Read
Two years back in a bootcamp, Ajay told me “I want to do Rs. 50 Crore of new AUM in the next 12 months.”
24 months later he had done Rs.10 Crore of new Business.
Another professional, Rahul said on a call “I plan to reach Rs.500 Crore in the next 3 years.” It took this person 10 years to do Rs.100 Crore (well done). However, Rahul had a blind spot similar to Ajay (and most financial professionals).
Most financial professionals don’t spend time thinking, strategizing, analysing (what has worked, what has not and what do they need to change), WOOPing and detailing their action plans.
They forget to ask themselves “How?”
Will we do it –
With the same process as before.
With the same mindset as before.
With the same or similar people as before.
With the same tools and technology as before.
With the same strategy as before.
Albert Einstein had said “Insanity is doing the same thing over and over again and expecting different results.”
Rahul is doing the same thing over and over again although at a slightly bigger scale and expecting a different result.
If you are reading this, Rahul, the results are likely to be similar as before.
The key question for you then is “What needs to change to make Rs.500 Crore happen?”
Similar Post
Nano Learning
The Two Types of Business Model Risks
There is a wonderful book “The Risk Driven Business Model” written by my Wharton Professor Serguei Netessine and INSEAD Professor Karan Girotra. The book is about how the key c ....
Read More
11 November, 2022 | 2 Minute Read
Nano Learning
The Leverage in Business
This is a key topic that again has an impact on your overall business model.
You are a service provider who is delivering a service to a prospective client who has Rs.10 Crore ....
Read More
7 May, 2021 | 3 Minute Read
Nano Learning
What The Quote?
I recently came across a quote that I read a few times. It was so good that I decided to dedicate a Nano to this one.
Arthur Schopenhauer – “The wise in all ages have always sa ....
Read More
8 December, 2023 | 2 Minute Read
Nano Learning
What are you Paid For?
Let me give you a hint with a James Whistler quote. “An artist is not paid for his labor but for his vision.”
You are an artist too. At least the best ones are. Personal Fina ....
Read More
17 March, 2023 | 2 Minute Read
Nano Learning
From Desk to Beach: Mastering the Art of Being Present
Isn’t this a brilliant visual?
While you can interpret this in several ways, there is an amazing insight hidden for all of us.
Hint: Be Happy for this moment. This moment is ....
Read More
14 June, 2024 | 3 Minute Read
Nano Learning
Premium Offering = Premium Clients: An Insightful Approach for You
Do you have a premium offering for your premium clients? If not, it's time to consider why and how you can develop one. In today's competitive financial landscape, having a premium ....
Read More
9 August, 2024 | 3 Minute Read
- 0
- 0
0 Comments