Practice What You Preach


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 23, 2024 | 2 Minute Read
We are often likely to tell our clients, “The best time to invest was 20 years ago. The next best time is today.”
Another popular set of words – Think long-term.
Don’t you tell your clients to think long term?
These are the principles that drive successful investing, and we take pride in sharing them.
But here’s the critical question: do we apply these same principles to our own businesses?
Do you invest in your business? How much money do you leave in the business?
Do you think long term?
It’s easy to advocate for long-term thinking when managing someone else’s portfolio.
Yet, when it comes to our own firms, how many of us truly invest with the same foresight? Do we reinvest our profits, or do we take them out as soon as they come in? Are we building our businesses with the future in mind, or are we simply operating in the present?
Investing in your business means more than just maintaining the status quo. It means setting aside funds for growth, innovation, and future-proofing your operations. It’s about hiring the right talent, adopting cutting-edge technology, and continuously improving your client experience and offerings. It’s about looking at your business with the same lens you would use when guiding a client on their portfolio—one that sees beyond today and into the opportunities of tomorrow.
Think about it: how much money are you leaving in your business to compound and grow? Are you building a business that will thrive not just in the next quarter, but in the next decade?
The wisdom we give to our clients should be the advice we follow ourselves. After all, if we truly believe in the power of long-term thinking, then we must practice it in every aspect of our professional lives. The best time to invest in your business was when you started. The next best time is today. So, let’s make those investments count.
Similar Post
Nano Learning
The difference between Sachin Tendulkar and me
Most people make a mistake of confusing Knowledge with Skill. However, the 2 are vastly different and understanding this difference will get you to focus on building real Skills. L ....
Read More
14 August, 2020 | 2 Minute Read
Nano Learning
The Two Basic Functions of Business
In his 1973 book “The Practice of Management”, Peter Drucker wrote these golden words: “The purpose of a business is to create and keep a customer.
1 September, 2023 | 2 Minute Read
Nano Learning
An Exercise for every Financial Professional
Take a Pen and Pad. I am waiting. Now sit down and write down the following questions.
1. What are the Top 3 reasons you wake up every morning? Yes, you can call this your goals. ....
Read More
25 December, 2020 | 2 Minute Read
Nano Learning
The Difference
There is a common question that I have heard many times – I do exactly what you do, or I say exactly what you say. But my results are different. Why is that? Is it because they r ....
Read More
3 February, 2023 | 2 Minute Read
Nano Learning
Mediocrity versus Mastery
Mediocre People look for Tips, Shortcuts and now Hacks.
Masters know they have to achieve Mastery.
Look at this Sketch carefully and reflect.
You would have figured that the s ....
Read More
4 December, 2020 | 2 Minute Read
Nano Learning
The Way to Price
Pricing is a complex subject (not to mention the creativity that is often required in it) and one that is rarely understood by most people. Knowing the costs of your services is no ....
Read More
20 May, 2022 | 2 Minute Read
- 0
- 0
0 Comments