The 3 M’s
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.
March 29, 2022 | 6 Minute Read
Though I had not planned this, today’s post will come across as a continuation of last Friday’s Nano “Remove these Knots”. You can call this “serendipity”. In case you are wondering what serendipity means, you have 2 choices. Go to Merriam Webster and figure out OR better yet, read my post “The Serendipity when we take ACTION”, which also reads like a continuation of last Friday’s Nano.
In the previous Nano, I had written about the 3 knots that are holding back our success.
- Distractions
- Inaction
- Limiting Beliefs
Which one do you think is the first and most important (or the toughest one to overcome)? While all 3 are important, I don’t think we need any guesses. The cake goes to “Limiting Beliefs.”
We all have limiting beliefs. There is no one who doesn’t. The key is to recognize that we have them. It is only then can we do something about our limiting beliefs. Jim Kwik, Author of “Limitless” wrote in his book, “I came to discover that my perceived restrictions were not really restrictions. They were merely obstacles I needed to overcome or limitations I needed to unlearn. And when I did, what I could learn to be or do each day became limitless.”
Jim adds further, “Being limitless is not about being perfect. It’s about progressing beyond what you currently believe is possible. Just as you have learned limits from your family, culture, industry, and life experiences, you can unlearn them.”
Many of us believe the circumstances they are in and the path they are on is who they will always be. But there is always a choice.
Jim adds “You can learn to un-limit and expand your mindset, your motivation and your methods to create a limitless life.”
There is a limit that must be released and replaced in one of three areas:
- A limit in your Mindset – you entertain a low belief in yourself, your capabilities, or what is possible.
- A limit in your Motivation – you lack the drive, purpose or energy to take action.
- A limit in your Methods – you were taught and are acting on a process that is not effective to create the results you desire.”
The 3 Ms then are (I have changed the order and made Motivation the first M):
- Motivation (your WHY): the purpose one has for taking action. Ask yourself, “Why are you in this business? Why do you do what you do? Does your why motivate you?” Finding your Why is the key to unleashing your drive and energy.
- Mindset (the WHAT): deeply held beliefs and assumptions about who you are, what you are capable of and what is possible (including how the world works).
A certain level of skill is required but all world class professionals have a certain skill level. The difference is how they show up with their mindset. The same goes with financial professionals. 90% of what determines our success is mental too. - Method (the HOW): Your process; Your client experience. How do you do what you do?
It’s super critical to master this final part. Beyond the process, even something as simple as How you say matters a lot more than what you say.
To become truly limitless in our industry/profession, you have to nail all the 3 M’s. So, where do you begin (you can always ask us )?
The key when you are taking your steps is to have a map, a model of success.
Are you armed with your map, to nail the 3 M’s?
Interested in your customized map? Write to us about the areas you need help with. As always, we look forward to hearing from you.
Finally, I quote J. K. Rowling, who wrote, “We do not need magic to transform our world. We carry all of the power we need inside ourselves already.”
You already have all the power you need hidden somewhere deep inside of you. You simply need to learn the 3 Ms to become the limitless real financial professional that your clients need. The world needs you now more than at any point of time in history. Make this financial year (FY22-23) your best ever. We wish you an amazing one.
P.S. I also recommend a simple (and powerful) practice of doing an annual audit of your 3 Ms regularly. Those who do will thank me later.
Similar Post
Growth
You Have Got Mail
Moira Somers in her book “Advice that Sticks”, writes the following: “These are strategies that have emerged from decades of research into two intriguing questions. The firs ....Read More
22 February, 2022 | 5 Minute Read
Growth
Beyond the AUM Boom: Preparing for the Tides of Change
I ended last week’s post ‘2024- The Year of Strategic Rethinking’ with the question, “What are you going to change your mind about in 2024?” I am sure you would have thou ....Read More
9 January, 2024 | 5 Minute Read
Growth
Want to Get Exponential Results?
Have you heard of the Pareto Principle? Not only would you have heard of this, but I believe that you might also know this quite well. It’s the idea, introduced in the 1790s by ....Read More
27 December, 2022 | 5 Minute Read
Growth
The Kodak Way
Did you know that Kodak was one of the four most valuable brands in the world in 1996, just behind Disney, Coca-Cola and McDonalds? The “Kodak Moment’ was a popular catchphras ....Read More
6 December, 2022 | 5 Minute Read
Growth
Part 2 Unveiled: Mastering Sales Productivity Ratios for Growth
Picking up from where we left off in our deep dive into the metrics that define success in our industry, today we're continuing with Part 2 of 'Unlocking the Metrics of Success'. W ....Read More
6 February, 2024 | 7 Minute Read
Growth
Your Legacy
When I think of legacy, I am always reminded of Steve Saint’s quote – “Your story is the greatest legacy that you will leave to your friends. It’s the longest lasting legac ....Read More
26 October, 2021 | 6 Minute Read
- 0
- 0
0 Comments