2 Hours Quality Conversation > 13 years of Transactional Relationship


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.

July 31, 2020 | 2 Minute Read

How many of you believe this to be true?
Well I can Guarantee that it is.
An IFA from Bengaluru got an experience of his lifetime when he acquired a new client (virtually) with a fantastic 2-hour conversation (not to mention the Client Experience). This client was with an IFA for almost 13 years, but all the previous IFA had done was providing access to products and managing assets.
Remember this business is not about managing assets, it is about managing people. Your client is not a Number to be defined in AUM. He/she is a living /breathing person with dreams, aspirations, goals, and a purpose. Like we used to have in school where the teacher would take our attendance with a roll number, do you address your clients (even within the team) like AUM 5 Crore or AUM 50 Lakh. I am sure you would not.
The best is that the client called his previous IFA and told him to start doing what his new IFA was doing. He said “I have never experienced anything like this. For the first time in 13 years, I am clear about “How much is Enough?”, whether I am doing ok , what do I need to do to get on track and most importantly that I can quit what I was doing and pursue my passion project. I can tell you this is what most of your clients will value and love, so meet this guy.”
However, this previous IFA went into a Resentment MODE and did not figure out what was really happening. We all have choices to make “Learn from what’s happening and Change OR Let the Termite of “Status Quo” EAT what you have built so far.”
The Choice is Yours. Only You have the Power to Transform your Business and your Life, but it first starts with YOU.
Similar Post
Nano Learning
The ABZ Framework
Have you heard of the ABZ framework? Before I get to it, let me share with you a part of my Investor Nano “The Next Two or Three Feet.” Anne Lamott in her book “Bird ....Read More
22 April, 2022 | 2 Minute Read
Nano Learning
Love Made Visible
There is a super powerful poet Kahlil Gibran’s quote – Work is Love Made Visible. Read, Reflect and Meditate on this one...It’s simply brilliant... These five powerful words ....Read More
22 September, 2023 | 2 Minute Read
Nano Learning
Design and Creativity
I am sharing some powerful quotes on design and creativity in this Nano. As always, reflect on these. “Good design is actually a lot harder to notice than poor design, in part ....Read More
17 December, 2021 | 2 Minute Read
Nano Learning
Skill > Knowledge
People often confuse between Knowledge and Skill. I am sure you had a good look at the Sketch above. You might have all the Knowledge in the world, but do you have the Skill to t ....Read More
11 September, 2020 | 2 Minute Read
Nano Learning
From Polar Bears to Professionals
Author Shane Parrish wrote some very insightful lines on success and environment. “Success is often a product of the environment. While a polar bear might thrive in the arctic, ....Read More
10 May, 2024 | 2 Minute Read
Nano Learning
The Coca-Cola Company and Lawyers
The Coca-Cola company does not sell drinks or beverages. Instead, they sell Happiness. According to them, they refresh the world. Lawyers don’t sell contracts and templates. Th ....Read More
15 July, 2022 | 2 Minute Read
- 0
- 0
0 Comments