When Preparation meets Opportunity

Amar Pandit , CFA , CFP

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.

Imagine you are selected in the Indian Cricket Team to play a match against Australia next week. You have got the opportunity of a lifetime to play along with Virat Kohli and Rohit Sharma. You are elated with joy but after some time reality and nervousness sets in.

This is because you know you are not prepared for that opportunity.

Henry Ford said, “Luck is when Preparation Meets Opportunity”. Someone who is prepared just needs an opportunity to shine but someone who is not prepared might get 100 opportunities, but he/she will waste every one of them.

Millions of people prepare and prepare to get 1 single spot in the Indian Cricket Team.

Preparation is the Key (Spend more time preparing yourself for the opportunity).

Today every IFA has unlimited opportunities (There are not just 11 spots like the Indian Cricket Team). The opportunity space is simply big enough for a million odd advisors.

There are 3 drivers (there are many more) of this opportunity:

  1. You are needed. Someone needs to play a leadership role in your Client/Prospect’s Life (because of all the uncertainty around).
  2. Digital Adoption has happened.
  3. There are no geographical boundaries.

The Question is “Are you Prepared or Preparing Yourself?