Experience Versus Expertise

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.

Many of us often confuse experience with expertise.

Experience just gives the time we have been doing something. It does not reflect quality or skill. Thus, judging someone by his/her experience is not a useful measure.

Expertise on the other hand is all about skill. It’s about how well we do something. It’s about excellence.

Expertise relates to the following words – skilful, extraordinary, excellence, outstanding, amazing, outstanding ….

It’s time to build your expertise in the future of wealth management (while not continuing to build experience in the past of wealth management).

Expertise in Client Experience.

Expertise in Powerful Conversations.

Expertise in Transforming Lives.

What about you?

Are you going to bet your future on experience or expertise or both?