The Price of Easy

Amar Pandit , CFA , CFP

In the previous Nano, I wrote that Simple is not Easy.

In this one, I write about the price of Easy. Most people don’t realize this but there is a price to be paid in doing easy things.

The Author of Atomic Habits, James Clear writes in his blog

“Strangely, life gets harder when you try to make it easy. Exercising might be hard, but never moving makes life harder. Uncomfortable conversations are hard, but avoiding every conflict is harder. Mastering your craft is hard, but having no skills is harder. Easy has a cost.

This is what I have seen with many distributors and RIAs.

  • Investing in your business is hard but not investing costs more.
  • Investing in yourself costs money and takes time but not doing this ultimately costs more.
  • Taking quick but thoughtful decisions is hard and you might make a few mistakes but not taking decisions costs a fortune.

How much is EASY or not doing something or not taking decisions costing you?

Think about it.

As always, I would love to hear from you.