The 3 Phases of doing Anything New
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.
July 9, 2021 | 2 Minute Read
The first phase is the Overthinking phase. Will this work?
You keep thinking, thinking, and then give up thinking. Then you see others doing it and you are tempted to do it. So, you muster some courage and start doing it.
This leads you into the next phase: “Despair.”
Things are difficult in the beginning. It is like learning to write with your non-dominant hand. It can feel awkward. You say to yourself “I was right all along. This thing will never work. It is harder than I thought. Will this ever be good?”
Some people give up in this phase, having started and trying for a few months. Most people give up in the first 6-18 months.
Assuming you manage to stick through the grind, you reach the final stage where you are almost there. You are like 95% there and the Maximalist or Perfectionist in you comes out. This is the Perfection phase. This is not good enough yet. This is not going to work, and you then get tempted to pull back or do something stupid to take you back to the 25-50% zone. Some even quit here.
While it is important to overcome all 3 phases, the first 2 phases are super critical. Majority of the people get stuck in the first phase itself and most of the ones who manage to overcome this get stuck in the second phase. Make sure you understand that this is a natural part of evolution of a skill, competency and ultimately becoming a master at something.
Similar Post
Growth
The Legend of Compounding (IFA Version)
I am sure you would have guessed who the legend of compounding is but before I get into writing about this, let me narrate a few lines from a brilliant book “Boombustology” by ....Read More
1 September, 2020 | 6 Minute Read
Growth
Emma - Part 2
On March 1st, 2022, I wrote a post with the headline “Emma”. Many of you loved it as much as I enjoyed writing it. However, I did not have Part 2 in mind. Call it Serendipity ....Read More
15 March, 2022 | 5 Minute Read
Growth
WOOP It to Grow
Many of you might be wondering what WOOP is. The first word that comes to mind when we think of WOOP is Scoop. Let me not waste more words and tell you that WOOP is one of the most ....Read More
27 October, 2020 | 5 Minute Read
Growth
Are you Upstreaming?
In case you are wondering whether Upstreaming has anything to do with streaming, it does not. In fact, the post on happyrichinvestor.com today might have a little to do with stream ....Read More
26 April, 2022 | 6 Minute Read
Growth
The Whole Point of Life
On December 7th, I wrote a post about the Power of Practice. In case you haven’t watched the video in it, I would encourage you to see it. I had taken this video during a Boston ....Read More
21 December, 2021 | 5 Minute Read
Growth
A Partner’s Gratitude
The other day, we received an email that filled our hearts with joy. It was from a partner we had worked closely with over the past few months. We had helped him land a prestigious ....Read More
22 October, 2024 | 5 Minute Read
- 0
- 0
0 Comments