The Awkward Middle of Building a Wealth Practice
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.
January 23, 2026 | 2 Minute Read
Change in a wealth practice rarely looks neat.
It often feels like two steps forward and one step backward.
You hire someone promising, but productivity dips before it rises.
You invest in process, and for a while, everything feels slower, not faster.
You collaborate with a platform to build scale, but integration feels harder before it feels helpful.
Many MFDs misread this phase.
They assume something is wrong.
They assume the change is not working.
They assume they should go back to what felt comfortable.
That is the mistake.
Progress in a real business is not linear.
It is lumpy.
It is uncomfortable.
It tests your patience before it rewards your conviction.
When you move from a founder-dependent practice to a team-driven one, things will wobble.
When you raise your standards for clients, some relationships will fall away.
When you redesign client experience, execution will feel messy before it feels magical.
This does not mean you are failing.
It means you are building something real.
Most average practices stay average because they mistake temporary discomfort for permanent damage.
World-class practices push through because they understand one simple truth.
Backward moments are often part of forward motion.
If you zoom out, the direction matters more than the daily movement.
If your decisions are aligned with long-term quality, better clients, stronger systems, and a healthier life, then short-term friction is the price of progress.
Ask yourself better questions.
Is this change aligned with the kind of practice I want five years from now?
Is this discomfort coming from growth or from avoidance?
Am I optimizing for ease today or strength tomorrow?
Excellence is built by people who can tolerate the awkward middle.
The phase where nothing feels settled, but everything is being reshaped.
Two steps forward and one step backward is still progress.
Only if you keep walking.
Similar Post
Nano Learning
Feedforward versus Feedback
Webster defines feedback as “the transmission of evaluative or corrective information about an action, event, or process to the original or controlling source.” There are a cou ....
Read More
6 October, 2023 | 2 Minute Read
Nano Learning
AI Will Never Pass This Test
Artificial Intelligence is everywhere. From chatbots that promise efficiency to tools that write content, track data, and even predict client behavior. It sounds magical. Until you ....
Read More
3 October, 2025 | 3 Minute Read
Nano Learning
The 2 Lives
Steven Pressfield in his book “The War of Art” writes “Most of us have 2 lives. The Life we Live and the Unlived Life within us. Between the two stands resistance.
I cannot ....
Read More
21 May, 2021 | 6 Minute Read
Nano Learning
The Mind Is the Athlete
I was writing a post on this important idea, but then realized it’s so powerful that I just need to share it as is. Let this sink in. Reflect deeply on it.
Bill Beswick, in his b ....
Read More
6 December, 2024 | 2 Minute Read
Nano Learning
The Architects of Aspirations
Musician Nick Cave wrote, “The everyday human gesture is always a heartbeat away from the miraculous.
Remember that ultimately, we make things happen through our actions, way ....
Read More
19 January, 2024 | 2 Minute Read
Nano Learning
Which Door do you Prefer?
Steven Pressfield in his marvellous book “Do the Work” says “A perplexed person stands before 2 doors. One Door says “Heaven”. The other says “Books about Heaven”. Wh ....
Read More
2 October, 2020 | 2 Minute Read



- 0
- 0
0 Comments