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.
November 5, 2021 | 2 Minute Read
Imagine a surgeon telling you this.
I have done 25000 surgeries.
Or
I have saved 25000 lives.
Which one is more powerful?
The first line is about the surgeon’s activity and about the surgeon. The second line is about the lives he/she saved. It’s about them.
Similarly in our profession/industry, these are the 2 statements
a. I manage Rs.1000 Crores.
Or
b. I make a difference in the lives of 500 families with my counsel/guidance or I manage the financial lives of 500 families.
Assets Under Management AUM
Or
Lives Under Management (LUM)/Families Under Management(FUM)/Goals Under Management (GUM) or Dreams Under Management (DUM).
Which of these is powerful?
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 ....
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Derek Sivers wrote– “Mastery is the best goal because the rich can't have it, the impatient can't rush it, the privileged can't inherit it, and nobody can steal it. You can onl ....
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Most of you would be thinking about command on the language, being a fantastic orator, a degree in communication and so on. None of these answers are relevant as you are not giving ....
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Many people believe we are in the Expertise business.We even like being called experts. Don’t we? Who doesn’t? But Expertise comes with a cost – a bad side effect.
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An Australian Advisor said a fascinating thing.
She said “Most advisors might be good technical people, but they are not truly entrepreneurial. They are not Explorers. Their bus ....
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11 June, 2021 | 2 Minute Read
I often hear this line “Give me a Demo” when it comes to a Software Product. This has almost become a standard and everyone has accepted this as a way of doing things. However, ....
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19 March, 2021 | 3 Minute Read
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