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 Gap We Need to Bridge
Can you guess what this headline refers to? All right, I will give it as I don’t have the luxury of creating all the suspense. We all know the concept of left brain versus right ....Read More
10 June, 2022 | 2 Minute Read
Nano Learning
This is Key for you to Thrive in the Next 3, 10 and 30 years
I am sure most of us would have gone to the gym at some point of time in our lives. What do you do when you exercise? Do you lift the lightest weight or the heaviest weight? ....Read More
18 September, 2020 | Minute Read
Nano Learning
Add and Remove
The ancient Chinese philosopher wrote “To attain knowledge, add things every day. To attain wisdom, remove things every day.” What about you? Are you simply adding or are y ....Read More
16 December, 2022 | 1 Minute Read
Nano Learning
Service versus Hospitality
In his book,"Unreasonable Hospitality" Restaurateur Will Guidara, wrote about a question he asks everyone. “What’s the difference between service and hospitality?
4 October, 2024 | 2 Minute Read
Nano Learning
Steve Jobs Knew This
In the book “The Daily Stoic”, Author Ryan Holiday wrote, “How you do anything is how you do everything.” Steve Jobs knew this insight intuitively.
29 July, 2022 | 2 Minute Read
Nano Learning
The Next Secret
Last week, I wrote about The Secret. If you haven’t read it, you can check it now (2 minutes read). Now that you know The Secret, let me share another one with you. Brad Stul ....Read More
25 February, 2022 | 2 Minute Read
- 0
- 0
0 Comments