The Miracle Moment


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 20, 2023 | 2 Minute Read
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 the secret. We want to know the ingredient we are missing. The ingredient that makes the recipe.”
We think there is just that one thing missing between us and success. And if we find the answer, we will be successful too. Therefore, amateurs ask this question “Just tell me how to do it”.
Shane continued further, “The problem is …there is no miracle moment. If you want to understand success, you can’t focus on what’s visible.
Results are simply one more step in a long chain of steps that led to that moment.
Nature offers a great example with bamboo, which takes up to 5 years to develop its roots. For years, to the outside observer, no visible progress has been made. Meanwhile, the bamboo grows below the surface, developing its roots and storing energy. Then all at once, it starts to grow. Years of stored energy result in exponential growth, sometimes reaching over 50 feet in a matter of weeks.
That’s how results happen. Slowly and then all at once.”
On the other hand, everyone wants the results. No one wants the process that leads to them. That’s boring.
Isn’t that true for investing and compounding too?
That’s why many investors want excitement and new things. And many of you might have been eager to oblige prospects and clients with something exciting and new.
We all know that one workout will not do much for us. Neither will two. But working out daily will lead to exponential results.
Similarly, one or two meetings will not move the needle. You need to have a solid client acquisition discipline (as well as a solid value proposition) to have an amazing list of clients who trust you with their entire financial life.
The miracle moment is in recognizing that there is no miracle moment. It is at this point you recognize that all progress is visible and that consistently doing boring things will lead to extreme outperformance.
I am committed to this outperformance with my New Day Resolutions.
How about you?
Similar Post
Nano Learning
Towards or Away
There are things we do that take us towards our goals whether it’s the firm we want to build or the life we want to live. We make progress when we do them. Some examples from y ....Read More
23 September, 2022 | 2 Minute Read
Nano Learning
Become a World Class Editor
Scientific American recently had a post with this headline “Our Brain overlooks this Brilliant Problem-Solving Strategy”. One of the key points of the post was “People of ....Read More
23 April, 2021 | 3 Minute Read
Nano Learning
The Good Endures: From Roman Philosophy to Modern Finance
There is an interesting lesson on long-term thinking by the Roman philosopher Musonius Rufus. I don’t recollect where I had read it but it’s so good that I had to share it with ....Read More
16 February, 2024 | 2 Minute Read
Nano Learning
The True Nature of Transformation
While this is not exactly Part II of last Friday’s Nano, it does come close. However, this week, I am sharing an interesting visual by Stephanie Harrison. She writes some insight ....Read More
8 March, 2024 | 2 Minute Read
Nano Learning
Leveraging Collaboration
There is a brilliant Tolstoy quote that we would all do well understand (at a visceral level) -The most difficult subjects can be explained to the most slow-witted man if he has no ....Read More
24 May, 2024 | 2 Minute Read
Nano Learning
The Framework for Saying “NO”
Today’s Nano is a perfect continuation of last week’s one. I ended the previous Nano by stating, “What are you going to focus on this financial year and more importantly, wha ....Read More
15 April, 2022 | 2 Minute Read
- 0
- 0
0 Comments