The Financial Care Industry


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.

September 30, 2022 | 1 Minute Read
Have you ever wondered about why our industry is called ‘financial services’?
I often have.
The next question then is, “What exactly is the service that the industry delivers?”
Basically, the service is delivering a product whether it be bank accounts, loans, insurance or investments.
Needless to say, the industry has been very creative in not only creating products but also in delivering them. But in the rush to deliver these products, the industry seems to have lost its essence and has become a financial products industry. Everything is about products, products and products.
It’s time to change this because the work that we do is way beyond products and even services.
There is a good reason for this. It’s the nature of the work we do. It’s transformative. Our work impacts the financial lives of people.
Thus, we are neither a financial products industry nor a financial services industry.
We are “the financial care industry”.
Repeat after me.
We are an important part of the Financial Care industry, and we deliver outstanding financial care (not only in words but in deeds as well).
I wholeheartedly believe in this.
Do you?
Similar Post
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
Nano Learning
The Miracle Moment
Shane Parrish in his blog Farnam Street wrote “Everyone looks for the miracle moment – the moment when success happens. We are drawn to these moments because we want to know ....Read More
20 January, 2023 | 2 Minute Read
Nano Learning
Who is the Future Advisor?
The Future of Advisor is one who has -Conversation skills -Understanding of Behavioural Finance -Emotional Intelligence -The Right Technology And utilizes these to deliver at ....Read More
20 March, 2020 | 1 Minute Read
Nano Learning
The Intellectual Poison
Do you know what intellectual poison is or what this looks like? In our world, it comes in the form of forecasts, research reports, articles, books, seminars, webinars, tweets, vid ....Read More
3 March, 2023 | 2 Minute Read
Nano Learning
Transformation or Transaction
Pretend for a moment like you have not seen the above Sketch. Which one of the two is truly powerful - Transformation or Transaction? I am asking this in a general sense. Whi ....Read More
15 October, 2021 | 2 Minute Read
- 0
- 0
0 Comments