ROAD
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.
March 29, 2024 | 2 Minute Read
What do you make of the Headline word?
Hint: ROAD essentially stands for an acronym in our industry, and it’s connected to last week’s Nano.
Did you get it?
ROAD stands for Retired on Active Duty.
There are many in our industry who fall in this category (Retired on Active Duty).
In such firms, there is no active recruiting of new clients. This is because the owner is no more focused on the growth of the firm and is largely focused on the personal lifestyle. Others in the firm are incapable of getting ideal clients on board. Therefore, the growth in such firms is only restricted to the growth of the stock market and an occasional new client addition here or there…
It’s a precarious position that can lead to obsolescence, especially as competitors continue to innovate and expand.
Are you Retired on Active Duty?
To combat the complacency of being ‘Retired on Active Duty,’ you must rekindle the drive that propelled you to success in the first place. It’s essential to re-evaluate business strategies, re-engage with the market, and most importantly, reconnect with clients’ evolving needs. You must instil a culture of growth, curiosity, and client-centric innovation, creating an environment where new ideas flourish and new clients are welcomed. This forward momentum is the lifeblood of a thriving firm, ensuring relevance and resilience in an industry where change is the only constant. The ROAD ahead requires active steering, not just passive riding.
Similar Post
Nano Learning
The Difference between Top Professionals and the Rest
I asked this question to some distributors and advisors - “What do you think are the main differences between the Top Professionals (in our profession/industry) and the Rest?”
....
Read More
26 November, 2021 | 2 Minute Read
Nano Learning
Indigestion or Starvation
What do you think is one of the main causes of failure of many companies?
Hint - I have written extensively about this, as something that every financial professional must implem ....
Read More
11 February, 2022 | 2 Minute Read
Nano Learning
The Prize
Have you ever asked yourself this question: “Why do you really set goals?” Is it to achieve something or is it to become someone? Most professionals think it is the former.
10 April, 2026 | 3 Minute Read
Nano Learning
The Next 100 Blows
Do you know what this is?
It’s such a mind-blowing concept that your life will change if you truly understand this one.
Jacob Riss wrote the following lines – “When noth ....
Read More
30 December, 2022 | 1 Minute Read
Nano Learning
Are you Playing Office Office?
I have seen many distributors and advisors playing Office Office.
The game goes like this.
We think if only I had this website or that team or that logo, I would acquire clients. ....
Read More
29 January, 2021 | 2 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



- 0
- 0
0 Comments