The Ultimate Competitive Advantage


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.

December 22, 2023 | 2 Minute Read
Many of you loved the post “The Unbeatable Edge” in which I talked about our competitive advantage(s). While I intentionally left a couple of them out, I missed one of the important ones (for all of us).
Mark Hurley, a wealth industry veteran, recently wrote about it in the Financial Advisor Magazine, “The single greatest competitive advantage of any wealth firm is having decisive owners with very long investment horizons, those who think in terms of decades rather than years. Successful firms will make substantial investments that won’t pay off for a very long time. They will also decide on and implement strategies today that will determine their outcomes in 10 to 15 years.”
Read the above lines a few times…Meditate on them…I can’t tell you how important this competitive advantage is …
The words to remember are – decisive owners, long-term investment horizons.
The key questions for you then are:
- How decisive are you?
- Do you think long -term for your business? This is different than thinking long-term for yourself.
- What are you doing to build the firm of the future?
The reality is that not everyone will be successful at building the firm of the future (and real enterprise value).
Will You?
P.S. We have done (and we continue to) investments with a very long-term (10-20 years) horizon on your behalf. Many partners across the country have recognized this and are collaborating with us. We welcome decisive business owners on this journey of making a HappyRich difference in the lives of people.
Similar Post
Nano Learning
The Ultimate Edge
Derek Sivers wrote– “Mastery is the best goal because the rich can't have it, the impatient can't rush it, the privileged can't inherit it, and nobody can steal it. You can onl ....
Read More
28 March, 2025 | 2 Minute Read
Nano Learning
Great Financial Hospitality Requires This?
In the world of financial services, the concept of hospitality goes beyond service. It’s about creating an experience where clients feel valued, understood, and genuinely cared f ....
Read More
11 October, 2024 | 2 Minute Read
Nano Learning
The Rare Breed
Ryan Holiday in his book “The Obstacle is the Way” wrote, “On the battlefield or in the boardroom, across oceans and many centuries, members of every group, gender, class, ca ....
Read More
24 March, 2023 | 2 Minute Read
Nano Learning
Any Client versus Best Clients
Many of us make the mistake of trying to bring every client on board. We think more clients automatically mean more success. But this couldn’t be further from the truth.
Your goa ....
Read More
29 November, 2024 | 2 Minute Read
Nano Learning
The 3 Layers of Clients
There are 3 broad layers of clients in our profession according to Dennis Moseley Williams.
The first layer comprises people who want something special and will invest more time ....
Read More
6 August, 2021 | 3 Minute Read
Nano Learning
This is a Must-Make Investment
Carl Richards said it well: “Being kind is an investment; being mean is an expense.” These words hold deep meaning, especially for us. In a competitive industry, it’s easy to ....
Read More
1 November, 2024 | 2 Minute Read
- 0
- 0
0 Comments