The 3 Phases of doing Anything New
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 9, 2021 | 2 Minute Read
The first phase is the Overthinking phase. Will this work?
You keep thinking, thinking, and then give up thinking. Then you see others doing it and you are tempted to do it. So, you muster some courage and start doing it.
This leads you into the next phase: “Despair.”
Things are difficult in the beginning. It is like learning to write with your non-dominant hand. It can feel awkward. You say to yourself “I was right all along. This thing will never work. It is harder than I thought. Will this ever be good?”
Some people give up in this phase, having started and trying for a few months. Most people give up in the first 6-18 months.
Assuming you manage to stick through the grind, you reach the final stage where you are almost there. You are like 95% there and the Maximalist or Perfectionist in you comes out. This is the Perfection phase. This is not good enough yet. This is not going to work, and you then get tempted to pull back or do something stupid to take you back to the 25-50% zone. Some even quit here.
While it is important to overcome all 3 phases, the first 2 phases are super critical. Majority of the people get stuck in the first phase itself and most of the ones who manage to overcome this get stuck in the second phase. Make sure you understand that this is a natural part of evolution of a skill, competency and ultimately becoming a master at something.
Similar Post
Growth
The Watertight Doors
What do you think the headline means? Isn’t this a little bit cryptic? While it surely is cryptic, nonetheless it’s a powerful concept for you to not only understand but also i ....
Read More
22 August, 2023 | 5 Minute Read
Growth
Transforming Client Lives Beyond the Spreadsheet
In our world, both financial professionals and investors often gravitate towards quantifiable metrics. Performance reports, asset growth, fees, and returns are meticulously scrutin ....
Read More
6 August, 2024 | 7 Minute Read
Growth
This is 1 Realization that can transform your Life and Business
I am sure some of you would know the realization that I may be talking about, but I am not sure if you understand how powerful this can be for your life and business (if you implem ....
Read More
15 September, 2020 | 5 Minute Read
Growth
The Three Pillars of Prosperity: Where Top Financial Professionals Focus Their Time
I received an email from a dear reader Sagar (name changed) in response to last Tuesday’s post “The Founder's Dilemma: Navigating Time Traps.”
27 February, 2024 | 6 Minute Read
Growth
The SRR Success Formula
Are you wondering whether I wrote SRR by mistake instead of writing RRR (the movie and its success formula) in the headline? While there is no guaranteed success formula for any mo ....
Read More
31 January, 2023 | 5 Minute Read
Growth
Emma - Part 2
On March 1st, 2022, I wrote a post with the headline “Emma”. Many of you loved it as much as I enjoyed writing it. However, I did not have Part 2 in mind. Call it Serendipity ....
Read More
15 March, 2022 | 5 Minute Read



- 0
- 0
0 Comments